Asia Oil Policy News

The Chinese government trimmed fuel ceiling prices for the second time in a row as the crude oil market continued to soften owing to...

Big acquisitions by ExxonMobil and Chevron this week illustrate the long-term importance and health of the oil industry as well as the role...

Iraq has unveiled plans to cut greenhouse gas emissions associated with gas flaring, which it said will be the…

Russia is aiming to ramp up supplies of liquified natural gas (LNG) to China via the North Sea Route (NSR) amid...

Vietnam is looking to extend its tax reduction for the domestic fuel market for another year in a bid to...

Chinese exports of gasoline slumped almost 20% in September versus August...

South Korea will continue to curb fuel tax until the end of this year in the wake of the ongoing conflict...

The US has imposed sanctions on two shipping companies for breaches of the price cap imposed on Russia oil sales...

Saudi Arabia's energy minister Prince Abdulaziz bin Salman has said the Kingdom's voluntary crude output reduction will continue for as long as it is necessary

South Korea is considering a further expansion of its crude oil stockpile as the ongoing clash...

China's state-backed economic planner has eased retail price ceilings for gasoline and diesel for the first time since...

The Chinese government is said to have issued a fourth round of crude oil import quota this year, the majority of which...

South Korea will consider extending its tax cut on oil products until the end of 2023 to counter high inflation if...

The JMMC has reaffirmed OPEC+'s commitment to the current output policy, but the producer group said it is ready to take...

Switzerland-based carbon registry Gold Standard is seeking views on a proposed change to a methodology that would allow carbon credits to be generated from…

Iraq's northern oil pipeline that runs via Turkey is set to resume operations as soon as this week, Turkey's Energy Minister...

Russia could implement quotas on its oil product exports if a recent ban on overseas sales fails to make domestic prices fall fast enough...

China's energy sector regulator has proposed to limit the use of natural gas in the country's growing petrochemical sector amid a push to boost...

China's exports of refined oil products could start to fall in the final quarter of this year despite lucrative margins as...

Russia has partially walked back a recently announced ban on overseas oil product sales, saying it will still allow higher...