Asia Oil Policy News

Ukraine has claimed a series of successful strikes on four Russian refineries as part of an overnight attack involving up to 100 drones on Russia...

Japan is set to extend government subsidies on domestic gasoline to at least...

Growing energy demand in non-OECD countries meant global fossil fuel usage hit a record high in 2023 despite decarbonisation efforts that...

European Union countries have added liquified natural gas (LNG) to the latest package of sanctions aimed at Russia...

Russian refined product exports are yet to pick up in June despite the reopening of some of its damaged refineries, a move that could be...

Global oil demand is expected to continue to rise for the next 10 years as wavering electric vehicle demand and higher energy consumption...

South Korea is to start walking back Covid-era road fuel tax cuts from as early as next month, signalling an end to long-running efforts to...

India reached its targeted 15% ethanol blending (E15) in gasoline during May after the country was previously unable to make the target due...

Volumes of crude oil and refined products shipped via Africa's Cape of Good Hope have soared by 50% in the first five months of 2024...

Indonesia's state-owned energy firm Pertamina will acquire a Brazilian ethanol and sugar producer to ensure a supply of finished ethanol...

New Zealand is set to scrap a 2018 ban on new oil and gas exploration amid concerns over its energy security...

OPEC+ continued to rein in production during May as Russia and Kazakhstan curtailed output, although Iraq again failed in its pledge...

Diesel prices in Malaysia surged on Monday as the government scrapped its fuel subsidy policy in a bid to...

Russia continued reducing its oil output in May in accordance with its OPEC+ quotas on production and exports, according to...

Capital expenditure in fossil fuel projects, such as oil and gas exploration and production...

Production from core OPEC members increased during May despite the producer group trying to get to grips with overall output and clamp...

Prospects for additional pipeline capacity shipping natural from Russia to China have hit a major snag with the two sides unable to agree on a long-term pricing formula...

OPEC's crude output in May edged higher as the producer group continued to overshoot against production targets...

Global air travel demand has surpassed pre-Covid levels and will continue to grow this year, boosting profitability as the effects of the pandemic...

The price of propane sold by Saudi Aramco to its customers in Asia passed butane levels for the first time since July, with propane prices...