Asia Oil Policy News

Exports of crude oil from flatlined in July compared with June as crude prices rose but the...

Indonesia would cut its usage of oil in the transport sector to just 20% of energy by 2050 under its latest carbon-cutting plan, representing a significant cut in nominal terms ...

Global oil demand fundamentals remain solid and demand will likely grow by 5.6 million bpd in 2021 and a further 3.3 million bpd in 2022, said the Oxford Institute...

The global economny remains on track to grow 6% this year, and growth prospects have been revised higher for next year, but a fault line is emerging that could undermine the recovery...

India to open up strategic oil reserves to the market in a bid to attract more private investment in storage facilities...

Russia may ban gasoline exports starting next week if record domestic exchange prices continue ...

Australia's government is to supply A$260 million (USD $195 million) to boost Australia's diesel storage facilities and inventory levels...

Global energy consumption fell 4.5% in 2020, the largest decline since 1945, according to...

The United Arab Emirates wants to maximise crude revenues while demand is still healthy, a senior oil executive from the country told the Wall Street Journal Wednesday ...

Nigerian legislators pass the Petroleum Bill after 20 years of wrangling as they seek to unlock the investment drought in the country...

Saudi Arabia's 'Vision 30' plans to diversify the economy away from oil by 2030 will include a new national airline...

Pakistan sees gasoline demand recovering but diesel consumption still below pre-pandemic levels, while jet fuel demand struggles ...

The UK's competition watchdog is set to open the case into the potential acquisition of IHS Markit...

The number of zero-emissions vehicles on the road by the middle of the century will fall just short of...

Iran said on Wednesday that the US had agreed to remove all sanctions on Iran's oil and shipping, and take some senior figures off a blacklist, according to..

Japan offers $10 billion to ASEAN for energy transition, alongside calls for a multilateral power trading market...

Investment in renewable power generation in the Asia-Pacific could hit $1.3 trillion over the 10 years to 2030, double that of the prior decade and more than twice the investment made in fossil power over the same period ...

International diplomats said Sunday that further progress had been made at talks between Iran and the international community in the latest attempt to restore the 2015...

Iraq, the world's sixth biggest oil producer, is planning to build eight nuclear power plants to close...

US Secretary of State Antony Blinken said Monday that that Iran's nuclear program has been out of control since the US withdrawal from the...