Asia Oil Policy News

The International Emissions Trading Association (IETA) has started work on new guidelines around the digitalisation of carbon markets and blockchain...

Japan is seeking to expand its joint crediting mechanism across Asia Pacific...

China's market regulator has punished state-owned PetroChina for reselling imported...

The maritime sector can achieve its stated goals of reducing greeenhouse gas emissions provided regulators apply a $11/mt global carbon price by 2025 rising to $264 by 2050...

The Science Based Targets Initiative (SBTi) launched Tuesday a consultation on its proposed new framework for greenhouse gas emissions reporting...

The COP27 conference to be held at the end of the year in Egypt will be "another important milestone in...

Electricity will have to make up 60% of China's energy use by 2060 if the country is to meet its carbon...

A total of eight countries or regional entities have pledged to adjust carbon credits generated on their territory following the COP26 conference...

Global scheduled flights are expected to continue their rise in Q1 despite the number of...

Crude oil production in Azerbaijan rose for the third straight month in December...

Car sales in China last year rose for the first time since 2017 with sales of new energy vehicles (NEV)...

Vietnam has published plans to launch a domestic carbon trading scheme and carbon exchange towards the end of the decade...

The chemical recycling of plastic waste could soon earn voluntary carbon credits under a proposed...

Global CO2 emissions rose 5.1% month-on-month in November to their highest level in nine months with higher energy consumption...

The Omicron variant of Covid sowed panic in oil markets at the end of November, leading to the sharpest drop in prices...

US Republican Senator Ted Cruz has moved to halt the opening of the Nord Stream 2 pipeline from Russia...

The International Energy Agency has proposed to make all its data and analysis freely available following calls from academics late last year...

Malaysia wants to roll out its delayed 20% biodiesel national blending programme by the end...

Kazakhstan's government has resigned after protests over hikes in LPG and diesel duties...

Carbon border adjustment schemes such as the one proposed by the European Union are likely to have a small measurable impact on emissions and suffer from multiple constraints...