• Policy

        • Slovak Republic

        • 2021

        Oil Emergency Plan

        This plan is created according to Section 14(4) of Act No. 218/2013 Coll. on emergency stocks and approved by Resolution of the Government No. 429 from July 21 2021. The plan as required by law defines the basic framework activities, procedures and measures in resolving an oil emergency or in fulfilling the international obligations of the Slovak Republic in the field of oil security.

        • Policy

        • Pakistan

        • 2008

        Policy Recommendations for Use of Biodiesel as an Alternative Fuel

        …by volume, of the national diesel consumption by 2015 and 10% by 2025.3. Oil Marketing Companies (OMCs) will purchase biodiesel (B-100) from producers and sell after blending with petroleum diesel (starting with B-5).4. The Ministry of Petroleum & Natural Resources shall come up with the fuel quality standards for B-100 and blends up to B-20.5. The Oil & Gas Regulatory Authority (OGRA) shall regulate the pricing mechanism of various blends of biodiesel and ensure its cost-competitiveness with non-blended diesel.6. The Government shall provide buy back guarantees to biodiesel producers at…

        • Policy

        • India

        • 2022

        Government compensation to oil marketing companies

        The Indian Union cabinet approved a one-time compensation to public sector oil marketing companies (OMCs) for the losses incurred in selling LPG for cooking below cost. Between June 2020 and June 2022, international prices of LPG rose by around 300% but domestic LPG price rise was limited by the OMCs to 72% to shield consumers from price fluctuations. The compensation was split among three public sector undertaking OMCs -  Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL).

        • Policy

        • Ireland

        • 1971

        1971 Fuels (Control of Supplies) Act

        The 1971 Fuels (Control of Supplies) Act, as amended by the 1982 Fuels (Control of Supplies) Act, provides the legal framework to Ireland’s response to oil emergencies, where it is necessary for the Government to control the supply of fuel to the market. National Oil Reserves Agency is responsible for maintaining these stocks, which can be hold by the Agency itself or hold through holding contracts.

        • Policy

        • Hungary

        • 2013

        Act No. XXIII of 2013 on Minimum Stocks of Imported Crude Oil and Petroleum Products

        Hungary’s response to oil supply disruptions is primarily governed by the provisions of the Act No. XXIII of 2013 on Security Stockpiles of Imported Crude Oil and Petroleum Products that repealed and replaced Act No. XLIX of 1993 on the Security Stockpiles of Imported Crude Oil and Petroleum Products, which aims to implement relevant European Union legislation governing emergency oil stocks.The Hungarian Hydrocarbon Stockpiling Association is the central stockpiling organisation. Importers can subscribe to this association and also contribute to the association's oilstockpiling mandate. The Minister for National Development also has the power to decree demand restraint…

        • Policy

        • Italy

        • 2022

        VAT reduction on fuels for November 2022

        Reduction in excise tax on fuels starting from 4 November 2022 and until 18 November 2022. For petrol, this reduction is equivalent to EUR 0.478/litre, for oils from gas or diesel this is equivalent to EUR 0.367/litre, and for liquefied petroleum gas (LPG) used as fuel there is a reduction of EUR 0.18261/kg.

        • Policy

        • United States

        • 2010

        Mandatory Reporting of Greenhouse Gases (updated 2010 to include methane from oil and gas operations, and underground coal mines)

        …and vented methane emissions from (1) underground coal mines, and (2) onshore and offshore oil and natural gas production facilities, natural gas processing, transmission, storage and distribution facilities, and LNG facilities. These facilities had to begin collecting data in 2011, and begin reporting in 2012. The oil and gas rule identifies sources of emissions in each industry segment, and provides methodologies for calculating emissions. More information is provided in a technical guidance document issued by the EPA. The U.S. EPA was directed by Congress to write this reporting rule, in the Fiscal Year 2008 Consolidated Appropriations Act (26 December…

        • Policy

        • France

        • 2015

        Release of oil stocks - Response mechanisms in case of supply disruption

        The text outlines the conditions under which France can release strategic stocks in the context of an effective international decision to release stocks or a major disruption in national supply.

        • Policy

        • Slovenia

        • 2024

        State Commodity Reserves Act

        This Act transposes the EU Directive 2009/119 on the obligation of Member States to maintain minimum stocks of crude oil and/or petroleum products. The Republic of Slovenia is responsible for the maintenance of stocks.

        • Policy

        • India

        • 2023

        SIGHT Scheme - Component II Mode I Tranche I

        For Mode 1, the total bid capacity from the first round was 551.7 ktpa from 13 bids against an auction target of 450 ktpa, with a final capacity awarded of 410 ktpa. The incentive provided is equivalent to USD 0.23-0.42/kg H2. Most of the winners plan to export the hydrogen produced rather than using it to meet domestic demand

      Prev
      Next