Asia Oil Policy News

2 Jan 2024
Six vessels carrying Russian far eastern Sokol crude have been unable to discharge in India following the clampdown on vessel owners...
2 Jan 2024
India has scrapped export duties on both diesel and jet fuel shipments at the start of the year after refining margins tumbled...
29 Dec 2023
China has set a goal to boost its supply of ships running on more sustainable fuels by the end of this decade, including...
20 Dec 2023
A G7-led coalition that has sanctioned Russia's oil industry said it would step up efforts to enforce existing rules aimed at cutting the country's...
19 Dec 2023
The marine fuel 0.5% sulfur east-west spread has reversed course and hit its highest levels...
18 Dec 2023
Oil supermajor BP has joined a growing list of companies avoiding the Red Sea as the number of attacks by Houthi militants in the region picks...
15 Dec 2023
Two of the world's biggest shipping companies have halted voyages through the Red Sea after another attack by Houthi forces, with the...
13 Dec 2023
The US and China will update their long-term plans to cut emissions just four...
13 Dec 2023
COP28 was labelled as "historic", but the UN decision to transition away...
13 Dec 2023
UN nations have agreed for the first time to transition away from fossil fuels in global energy systems, although no individual nation...
10 Dec 2023
UN negotiators continued to whittle down, or in some cases ramp up, the number...
10 Dec 2023
UN negotiators will very likely in 11 months time be packing their bags to hold two-week long...
7 Dec 2023
China's oil demand is expected to peak by the end of this decade, according to the latest estimate from an in-house think tank...
6 Dec 2023
China's top economic planning body has lowered domestic fuel price ceilings for the fifth time in a row as...
4 Dec 2023
Brazil will not be joining the OPEC oil producers' alliance under the presidency of Lula da Silva...
2 Dec 2023
A pledge on day three of UN climate talks from major oil companies to reduce their emissions, rather than give firmer...
1 Dec 2023
OPEC+ members have declared voluntary cuts following Thursday's meeting, with additional reductions totaling around 900,000 bpd...
30 Nov 2023
OPEC+ reached a last-minute agreement Thursday to further reduce output from January, with Saudi Arabia maintaining its voluntary cut...
29 Nov 2023
India has resumed purchases of Venezuelan crude after the US last month suspended oil sanctions, with volumes set to pick up next month...
29 Nov 2023
South Korea's current plan to boost its liquified natural gas (LNG) infrastructure in reaction to the ongoing war in Ukraine and...
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