Asia Oil Policy News

Israel will not target Iran's oil and nuclear installations, instead focussing on military and strategic targets...

The Indian government has begun discussions to develop a post-2025 roadmap to further raise the ethanol blend in gasoline from 20%, according...

BP has added its name to the list of refiners telling investors to expect lower-than-expected returns this quarter, pointing to a weaker...

Japan's energy market subsidies, including those propping up wholesalers' gasoline margins, should be extended beyond the year-end, the...

Crude oil output at Kazakhstan's Tengiz field has risen to record levels this month as another major oilfield undergoes scheduled...

Global investment banking giant Goldman Sachs has warned that a goal to reach net zero emissions by 2050 is becoming...

The share of biofuel consumption in liquid fuel transport was forecasted to rise more than 14% by the end of decade but would still leave...

The war risk premium that crude markets were pricing in last week has started to unwind, with volatility starting to normalise as Israel...

Iraq has started jet fuel exports as it looks to diversify its supply of refined products, the Ministry of Oil said Tuesday...

The global maritime sector looks increasingly in favour of some type of a carbon levy on shipping, but made...

UN talks on decarbonising the shipping sector made progress on some key strands this week, but uncertainty remains on the extent proposals will ever be legally binding...

OPEC+ is likely to go ahead with planned production increases from December, according to a Reuters report...

HSFO prices out into the new year were hit by market talk of Saudi Arabia's determination to bring back heavy crude production in...

Saudi Arabia is set to start increasing oil output from December after sidelining its nominal price target, according to a report in...

Sales of LNG-powered heavy-duty trucks in China slumped in August, snapping a trend that has continued for nearly two years, as a...

Futures prices for liquified petroleum gas in China rallied sharply during Wednesday's session to touch the highest level in more than two...

The US Navy is looking for a commercial oil tanker after a support vessel sailing with the USS Abraham Lincoln aircraft carrier group...

Cargo arrivals of residual fuel in China last month surged as refiners scrambled to clear customs ahead of a major tax policy shift from...

European natural gas prices tumbled to multi-month lows Thursday on reports that Ukraine is close to an agreement for the transit of gas...

The Thai government has extended price subsidies for biofuel blend road fuels by a further two years, pivoting from a plan announced in January...