• Policy

        • Thailand

        • 2000

        Fuel Trade Act, B.E. 2543

        The Fuel Trade Act, B.E.2543 requires all refiners, importers, and retailers in private sector to have oil stockpiles. Private sector parties are not allowed to use their oil stocks at their discretion without governmental permission even if their oil stockpile levels exceed minimum requirement. Those volumes shall not be less than the rate prescribed by the Director-General, but not be in excess of 30% of the annual trade volume.

        • Policy

        • Slovak Republic

        • 2011

        Amendment to the Act on the promotion of renewable energy sources and high-efficiency cogeneration (Act 492/2010)

        The Act 492/2010 first modifies the excise tax framework on mineral oil to give priority to a mixture of mineral oil (motor gasoline and diesel) and biogenic substance. Second, the Act promotes renewable transport fuel by extending the scope of rights and obligations of renewable fuels producers and implementing generation targets for biofuel out of total consumption by 2020. Market players are expected to report on compliance to targeted shares of renewable fuels.

        • Policy

        • Austria

        • 1995

        Tax on mineral oil (Mineraloelsteuer MOEST)

        The tax on oil is the most important fiscal measure among Austrian policy measures to reduce greenhouse gas emissions. Originally the tax was intended to be earmarking (revenues to be used for transport purposes). However, since 1987 the revenue is booked into the federal budget. The total revenue from this tax amounted to EUR 4.20 billion in 2015. Fuel is currently somewhat less expensive in Austria than in some neighbouring countries (mainly due to lower excise duties). For this reason, many foreigners cross the border just to purchase fuel at the closest filling station in Austria. This phenomenon is…

        • Policy

        • South Africa

        • 2008

        National Energy Act - Strategic stocks petroleum policy and implementation plan

        This plan amended the National Energy Act of 2008 to maintain reserves equivalent to 60 days of net imports in both crude oil and refined products for the Strategic Fuel Fund. Licensed manufacturers and wholesalers are required to hold 14 days of refined products.

        • Policy

        • Canada

        • 1974

        Energy Supplies Emergency Act

        Part I of the Act outlines the establishment of a "mandatory allocation program" for petroleum products when the Governor in Council believes a national emergency exists due to actual or anticipated shortages or market disturbances and that conservation is necessary.The Act defines "petroleum or petroleum product" broadly, including crude oil, hydrocarbons from natural reservoirs, products from refining crude oil, and natural gasoline or condensate from natural gas.

        • Policy

        • Slovenia

        • 2022

        Legal act on the emergency plan for natural gas supply

        This Legal Act enables suppliers must implement measures, secure gas from alternative sources or storage, and utilize available transmission routes. System operators will cut supply to customers with interruptible contracts, as notified by suppliers. Consumers shall be informed of the potential need to switch to alternative energy sources if the crisis escalates.

        • Policy

        • Saudi Arabia

        • 2017

        Royal Decree Number: M / 37 – Establishing the Hydrocarbon System

        …hydrocarbon resources are the property of the state. As such, the state exercises permanent sovereignty over such resources, and it uses them for its interest, security, and economic development (Articles 3, 4). Furthermore, all hydrocarbon operations can only be conducted with prior authorisation by way of a licence.

         

        It empowers the Ministry of Energy, Industry and Mineral Resources with the responsibility for implementing the provisions of the law, including: issuing production licenses; overseeing matters related to the environment, security and safety in the hydrocarbon industry; monitoring the licensees` commitment to international regulations, industry practices, environmental standards, and health-related matters.
        …

        • Policy

        • Germany

        • 2023

        First amendment to Energy Industry Act (EnWG)

        First amendment to The Energy Economy Act regulates the initial approval of the hydrogen core network by the Federal Network Agency (Bundesnetzagentur, BNetzA). The hydrogen core network shall comprise key hydrogen infrastructure projects that are to be operational by 2032. All German regions are to be taken into account. The hydrogen core network is modeled by (gas) transmission system operators (TSOs). The TSOs' results is subjected to broad consultation with the public, the federal states and various market players. The final design of the network will be approved by the Federal Network Agency

        • Policy

        • Germany

        • 2019

        Climate Action Programme 2030

        …When a company sells heating oil, liquefied petroleum gas, natural gas, coal, petrol or diesel, it will need one certificate for every tonne CO2 emitted by the products they sell.The fixed price will initially be EUR 10 per tonne CO2, and will rise to EUR 35 per tonne by 2025. This gives all stakeholders a reliable basis on which to plan. As of 2026, the market will set the price, within a fixed band. The total quantity of certificates issued throughout Germany will be in line with the imperatives of German and European climate targets. Subsidies will be implemented…

        • Policy

        • Ukraine

        • 2001

        Law on Oil and Gas

        The Law on Oil and Gas provides with the regulatory framework for hydrocarbon production. It notably states two types of special permits related to the development of oil & gas deposits, ranging from five to ten years, and can be extended to 20 years.

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