Asia Oil Policy News

Fires burned through an estimated 29.2 million hectares of forests and savannah in December, the third highest monthly total in 2021...

Oman's Ras Markaz crude oil storage in the city of Duqm on the southern Arabian coast...

Chinese crude oil production in the calendar year of 2021 will reach 199 million mt...

European gas futures tumbled nearly 20% on Thursday, wiping out a week's worth of...

Kazakhstan conceded Thursday it has produced above its OPEC+ quota in recent months, but said the overproduction was driven by seasonally high...

South Korea will release a combined 3.17 million barrels of crude oil and oil products from...

US registry Verra published Tuesday a new draft methodology for assessing carbon leakage from afforestation and reforestation...

German carbon consultancy Perspectives and Swiss project developer South Pole have started working on a new methodology to create carbon offsets from green hydrogen...

The head of Russian energy producer Lukoil has called on the government to adjust its tax policies to bolster...

The New Zealand government this week set out mandated greenhouse gas reduction targets for fuels used in cars, trucks...

Iran's stance in talks over its nuclear development programme is "inconsistent" within the terms of the deal, diplomats...

The Omicron variant of Covid sowed panic in oil markets at the end of November, leading to the sharpest drop in prices since March 2020, but...

Chinese authorities have locked down the key Zhenhai district where the Ningbo port is located following...

Key jurisdictions including the US, the UK, Switzerland and Singapore can help optimise the potential...

Russia's Ministry of Industry and Trade has submitted a draft law banning the use of non-Russian built vessels for the...

The world is on course for a record 290 GW of renewable electricity added to global capacity in 2021, with energy...

Just as more nations were reopening their borders for international travellers...

The Australian government launched Tuesday a new voluntary scheme for companies wishing to report their greenhouse gas emissions...

Iran will not return to the 2015 nuclear deal unless all oil sanctions are lifted, said the country's foreign minister...

India's plan to resume international flights on 15 December is at risk amid the spread of the new Omicron variant of Covid...