Oil Policy News

China state-owned oil trader Unipec is supplying crude oil to two independent domestic refiners who are subject to tax probes...

The UK government put forward two carbon capture projects as part of its strategy to capture...

The shift from private vehicle ownership to mobility as a service (MaaS) and car sharing is looking 'unavoidable', according to a forecast released Monday...

South African oil products demand rose 3% quarter-on-quarter in the three-month period to 30 June, reflecting easier social distancing measures against Covid-19 despite a very rapid increase in cases...

The latest breakdown in talks between Venezuelan government and opposition parties is set to extend US sanctions against the OPEC member, ending recent speculation...

The new centre-left Norwegian government will continue to issue drilling licenses for oil exploration...

Russia will supply all the gas European customers need to ease a rally that raised prices to an all-time high last week, but long...

The International Energy Agency published Wednesday its annual flagship publication, the World Energy Outlook, which sets out a blueprint for the world's governments in transitioning to a low carbon economy...

China will liberalise pricing in parts of its coal-fired power grid from October 15 in a bid to tackle rampant prices that have...

The global market for voluntary carbon credits has gone through growing standardisation and rapid expansion this year, according to a paper...

Global demand for petrochemicals is to grow by as much as 4% a year to 2035 and should be a priority area for Russian...

The United Kingdom should push ahead with a sustainable aviation fuel mandate to support the commercialisation...

South Korea has proposed to raise its 2030 emissions reduction target to 40% from 2018 levels, up from the current 26.3%..

An influential research outfit has called on the International Energy Agency to open up its data stores for free in a bid to...

Wishful thinking over a quick switch away from fossil fuels has contributed to recent energy price volatility, Russia's deputy...

Russia could significantly step up natural gas exports to Europe over the winter period, said the head of the IEA...

World energy demand will rise by almost 50% between 2020 and 2050 and emissions will increase from current levels...

OPEC secretary general Mohammad Barkindo said Wednesday that the energy transition is undermining investments in new supply in the oil and gas sector, and helped explain high prices

The push to decarbonise the world's energy systems will see a greater role for oil exploration and...

Thailand will cap diesel prices this month to insulate consumers from the effects of a price rally that has pushed refining margins...