Oil jumps on Riyadh-Moscow output deal, as OPEC gathers
Oil prices jumped Monday after OPEC kingpin Saudi Arabia and non-member Russia agreed to keep… Read More
6 years ago
oil
India raises concerns with Saudi Arabia
India’s oil minister Dharmendra Pradhan expressed concerns about rising crude oil prices to his Saudi… Read More
6 years ago
Kuwait oil minister sees balanced oil market towards end 2019
The oil market is expected to be in balance towards the end of 2019, as… Read More
6 years ago
No oil, gas reservoirs discovered along Karachi coast: sources
The sources said high officials of the Ministry of Petroleum had confirmed that no reservoir… Read More
6 years ago
India’s oil imports from Iran down 57 percent in April
India, Iran’s top oil client after China, shipped in about 277,600 barrels per day (bpd)… Read More
6 years ago
‘Iran will not let any country replace its oil in the market’
Iran will not allow any country replace its oil sales in the global market, the… Read More
6 years ago
Oil falls from six-month high on signs market not as tight as feared
Oil prices fell on Wednesday after a report allayed concerns about tightening supply ending a… Read More
6 years ago
India to get extra oil from other producers to make up for Iran loss
India will get additional supplies from other major oil producing countries to compensate for the… Read More
6 years ago
Saudi Arabia says May will be key to decide on extending supply cut deal
The Saudi energy minister said on Monday it was premature to say whether there was… Read More
6 years ago
Saudi Aramco to offer $16 billion in contracts to small, medium businesses
Saudi Aramco will offer 140 contracts worth 60 billion riyals ($16 billion) to small and… Read More
6 years ago
Aramco treads carefully on Saudi ties as it markets debut bond
Aramco’s financial data, published earlier this week, showed it generates by far the biggest profit… Read More
6 years ago
Govt optimistic about discovery of huge oil, gas reserves: Sarwar
“The drilling is currently underway… we will have to wait for a few days before… Read More
6 years ago
PFA seizes 16,600 liters oil extracted from animals’ filth
The Punjab Food Authority (PFA) on Friday sealed seven oil extracting units and confiscated 16,600… Read More
6 years ago
Saudi Aramco shifts strategy in China
Rising Russian and US competition has pushed Saudi Aramco to find new buyers for its… Read More
6 years ago
PM Imran directs to expedite exploration work in oil, gas sectors
Imran Khan directed the Petroleum Division to extend every possible assistance to foreign companies working… Read More
6 years ago
Report on offshore drilling near Karachi to be released after March 15: adviser
A group of multinational companies had started offshore drilling at a distance of 230 kilometers… Read More
6 years ago
World’s biggest sovereign wealth fund to decide on dumping oil
A divestment by an investor worth more than $1 trillion would be a major blow… Read More
6 years ago
Gushing profits for oil majors on crude price
The world's top energy companies booked enormous profits last year thanks to higher oil prices… Read More
7 years ago
Pakistan, Russia sign accord for offshore oil exploration
Under the agreement, Pakistan would import some 500 million to 1 billion cubic feet gas… Read More
7 years ago
Islamic Development Bank to lend oil worth $4.5 billion to Pakistan
'oil will be lent in three installments of $1.5 billion each every year' Read More
7 years ago