OPEC+ extends oil supply cuts through March VIENNA: Several OPEC+ countries, including Saudi Arabia and Russia, agreed Thursday to extend oil supply cuts for... Published 05 Dec, 2024 07:24pm
Business & Finance India’s finance ministry evaluating removal of windfall tax, govt source says NEW DELHI: India’s finance ministry is evaluating the relevance of windfall tax, a federal government source said on... Published 28 Nov, 2024 11:24am
Opinion Rising energy prices: adverse impact on masses In Pakistan, 64 percent of total energy demand is met by fossil fuels, while hydropower’s and renewables’ share... Published 04 Apr, 2024 04:56am
Markets Jul-Mar of FY 2022-23: Deposits of gas, crude oil deplete ISLAMABAD: The deposits of natural gas and crude oil have depleted by 9.29 percent and 10.23 percent during first... Published 09 Jun, 2023 06:20am
Markets PD seeks extension in D&PL for Hala Block ISLAMABAD: Petroleum Division has sought extension in Adam X-1 Development and Production lease (D&PL) for Hala... Published 25 Jan, 2023 06:25am
Markets Indian refiners’ crude processing slips MUMBAI: Indian refiners’ crude oil processing in November fell about 9% on an annual basis, provisional government... Published 28 Dec, 2022 04:12am
Markets Colombia July oil output rose 2.3% y/y BOGOTA: Colombia’s crude oil production in July rose 2.3% versus the same month a year earlier, the government said... Published 21 Sep, 2022 10:47am
Markets OPEC+ supply shortfall now stands at 3.5pc of global oil demand LONDON: OPEC+ is now producing below its targets by a record 3.58 million barrels per day - about 3.5% of global... Published 21 Sep, 2022 05:57am
Markets Kuwait produces over 2.8m bpd barrels per day of oil KUWAIT CITY: Kuwait Petroleum Corporation’s (KPC) chief executive said on Sunday the Gulf state currently produces... Published 19 Sep, 2022 07:54am
Markets Nigeria’s oil output at 32-year low as thieves hobble output LAGOS: Nigeria’s crude oil production fell below 1 million barrels per day (bpd) in August, figures from its... Updated 09 Sep, 2022 07:41pm
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept