Most Asian buyers halted imports in 2019 after Donald Trump withdrew from the nuclear deal with Iran and re-imposed sanctions on oil exports
Asia-Pacific is the world’s largest net food and energy importer but it is not monolithic so a spike in food and energy prices would have an uneven impact
Oil recovered some of its more than 2% fall in Asian trade on Thursday after Russia-backed rebels in eastern Ukraine accused government forces in Kyiv of shelling their territory with mortars
Shell also completes upgrade of Singapore facility, which will enable it to blend sustainable aviation fuel in the city-state itself
The terminal in Fujian province - estimated to cost 5.26 billion yuan ($829.8 million) – will have an annual receiving capacity of 5.65 million tonnes of the super-chilled fuel
CEO Kevin Gallagher called for an urgent increase in supply, saying the company has a number of new gas projects in the pipeline
International Energy Agency reported the gap between the OPEC+ group’s production target and actual output was 900,000 barrels a day
Energy-giant Saudi Aramco on Sunday said it had transferred 4% of its shares to the kingdom's Public Investment Fund, the state news agency SPA reported
Geopolitical worries have added another layer of volatility to an already-jumpy market as investors price in the possibility of escalating conflict between Russia and Ukraine
Critics call for an end to favourable tax regimes for oil giants, which are again recording multi-billion-dollar profits while 'pushing our world closer to catastrophic climate change'
Move signals symbolic statement of unity with the West as tensions rise with Russia, given Japan's own dependence on imported energy
Country's biggest oil and gas explorer is reviewing its asset portfolio amid the global trend towards decarbonisation, it said in January