Oil Policy News

Italian test case could see energy companies seeking multi-million dollar compensation claims for loss of earnings from new climate laws...

India to open up strategic oil reserves to the market in a bid to attract more private investment in storage facilities...

Russia may ban gasoline exports starting next week if record domestic exchange prices continue ...

Nigeria's lower house passed legislation set to overhaul the country's oil and gas industry Friday ...

Australia's government is to supply A$260 million (USD $195 million) to boost Australia's diesel storage facilities and inventory levels...

The UK is set to increase its 2022 biofuels target to 11.1% of all liquid road fuels by volume, up from a prior target of 9.6% ...

Vattenfall shuts the 1,600 MW coal-fired power plant Moorburg in Gemany Monday as the government's scheme to exit coal rolls into action...

Global energy consumption fell 4.5% in 2020, the largest decline since 1945, according to...

The United Arab Emirates wants to maximise crude revenues while demand is still healthy, a senior oil executive from the country told the Wall Street Journal Wednesday ...

French energy giant TotalEnergies will stop using palm oil at its biorefineries from 2023, said CEO Patrick Pouyanné Monday, switching out the feedstock for more expensive alternatives ...

Nigerian legislators pass the Petroleum Bill after 20 years of wrangling as they seek to unlock the investment drought in the country...

Saudi Arabia's 'Vision 30' plans to diversify the economy away from oil by 2030 will include a new national airline...

Pakistan sees gasoline demand recovering but diesel consumption still below pre-pandemic levels, while jet fuel demand struggles ...

Average new car carbon dioxide emissions fall in Europe, bit still above target levels that will soon be tightened again...

The UK's competition watchdog is set to open the case into the potential acquisition of IHS Markit...

The number of zero-emissions vehicles on the road by the middle of the century will fall just short of...

EU Parliament gives green light to EU climate law, paving the way for a new set of policies on July 24 from the EU Commission...

Iran said on Wednesday that the US had agreed to remove all sanctions on Iran's oil and shipping, and take some senior figures off a blacklist, according to..

Japan offers $10 billion to ASEAN for energy transition, alongside calls for a multilateral power trading market...

Investment in renewable power generation in the Asia-Pacific could hit $1.3 trillion over the 10 years to 2030, double that of the prior decade and more than twice the investment made in fossil power over the same period ...