Govt awards 46 oil and gas exploration blocks
ISLAMABAD: The Ministry of Petroleum and Natural Resources has awarded 46 oil and gas exploration… Read More
9 years ago
oil
Oil may rise to $55 if all producers cooperate: Iran
TEHRAN: Iranian Oil Minister Bijan Zanganeh expressed optimism on Saturday about an upcoming OPEC meeting… Read More
9 years ago
OPEC moves closer to oil output deal as Iran gets new offer
DOHA: OPEC is moving closer toward finalizing this month its first deal since 2008 to limit… Read More
9 years ago
Oil demand won’t peak before 2040, despite Paris deal: IEA
LONDON: The International Energy Agency expects global oil consumption to peak no sooner than 2040,… Read More
9 years ago
Saudi oil minister says OPEC production cut ‘imperative’
ALGIERS: Saudi Arabia's oil minister said it was "imperative" that OPEC nations finalise an agreement over… Read More
9 years ago
Saudi Arabia to pay billions as oil revenues collapses
RIYADH: Saudi Arabia is working to pay billions of dollars owed to private firms after… Read More
9 years ago
Oil stumbles as Trump stuns markets with White House win
SINGAPORE: Oil prices tumbled on Wednesday as Donald Trump stunned the world by winning the… Read More
9 years ago
OPEC says climate effort won’t quench oil thirst
PARIS: A global pact to battle global warming entered into force last week, but the… Read More
9 years ago
Saudi finance minister reshuffle reflects reality
Saudi Arabia’s appointment of a new finance minister reflects the direction of the kingdom’s economy:… Read More
9 years ago
OPEC, non-oil cartel members discuss production cuts
VIENNA: OPEC officials held talks with Russia and other non-cartel members on Saturday in Vienna… Read More
9 years ago
OPEC output cut may hasten oil market rebalance: IEA
SINGAPORE: The oversupplied oil market will be rebalanced earlier than expected if major crude producers… Read More
9 years ago
Oil from Kazakhstan’s Kashagan field exported for first time
MOSCOW: Kazakhstan's vast offshore Kashagan oil field has produced its first crude for export, authorities… Read More
9 years ago
OPEC head warns investment cuts threaten oil supply
ROME: The head of the OPEC oil cartel has warned that sharp cutbacks in investment… Read More
9 years ago
Iran supports any move to stabilize oil market: Rouhani
Iranian President Hassan Rouhani said Tehran supports any move to stabilize the global oil market… Read More
9 years ago
ExxonMobil accounting for oil crash probed in NY
NEW YORK: ExxonMobil is being investigated by the New York attorney general for not writing down… Read More
9 years ago
Iraq plans to sell oil through Iran if talks with Kurds fail
BAGHDAD: Iraq's government would consider selling crude through Iran should talks with the autonomous Kurdish… Read More
9 years ago
Oil prices dip, Saudis dampen hopes on output talks
SINGAPORE: Oil prices dipped in Asia on Friday after Saudi Arabia's oil minister cast doubt… Read More
9 years ago
Oil falls again on high US stocks, Saudi production
NEW YORK: Oil prices continued to fall on Wednesday, driven in part by elevated US… Read More
9 years ago
Oil prices rise as Brexit concerns ease
LONDON: Oil prices rebounded Tuesday as bargain hunting and fear of production outages in Norway… Read More
9 years ago
Shell announces plans to exit 10 countries
LONDON: Energy giant Royal Dutch Shell said it could exit up to 10 countries under a… Read More
9 years ago