All Stories: Oil Production

ISLAMABAD: Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production company, has successfully revived and enhanced oil production from the Pasakhi-5...

ISLAMABAD: In a fruitful development, Pakistan Petroleum Limited has initiated the production of oil and gas from Pothohar region of northern Punjab, ARY News...

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has announced to increase local oil and gas production, ARY News reported. As per details, the...

OPEC and its allies failed to reach a deal on oil production cuts on Friday, after Moscow refused to tighten supply to counter the effects of the coronavirus outbreak.

Saudi Arabia has slashed its oil production by more than promised as part of a pact to boost oil prices

DOHA: State-owned Qatar Petroleum, one of the largest oil companies in the world, announced on Tuesday that it will reduce production levels from the beginning...

RIYADH, SAUDI ARABIA: Saudi Arabia has offered to reduce oil production if rival Iran agrees to cap its own output this year, in a major compromise ahead of talks in Algeria next week, three sources familiar with the discussions said on Friday.

WASHINGTON: The IMF announced a $5.34 billion program for Iraq on Thursday to help strengthen the country's finances, hit by the crash in oil prices and the fight against the Islamic State group.

WASHINGTON: The International Monetary Fund (IMF) said Sunday that its second in command was on a two-day visit to Iran for discussions on economic developments.