oil

“Mr Trump sends every day a new message that creates uncertainty in the market,” says Iranian Oil Minister

Iran, the third-largest producer in the OPEC, exports about 2 million barrels of crude oil per day

Says price hike will trigger inflation

The world's top oil exporter plans to pump as much as 11 million barrels of oil per day (bpd) in July

The US government is trying to shut Iran out of oil markets when it fully implements its sanctions in November

Seeks details of unspent CSR funds in the entire country

Trump orders the reimposition of U.S. sanctions against Tehran

Support for increase, which had been proposed by Saudi Arabia against objections from Iran, was unanimous

Pakistan and India are set to attend the SCO summit being held this year in Qingdao, eastern China, on June 9-10

Adequate measures will also have to be taken to rationalise oil and gas prices and manage our resources properly

KPK is currently producing 50% of crude oil, 15% of natural gas and 25% of liquefied petroleum gas (LPG) per day

Refining company sources said Asia’s petroleum refiners have shifted purchases to other exporters

An oil spill sparked a huge fire about 1:30am (1830 GMT Tuesday) in a residential area on Sumatra Island

Renewable energy resources offer clean solutions to crippling power crisis: IREA

Opposes grant of licence to ISGS for laying the $370m pipeline

The field was the first to be discovered in the Gulf and the first to start production

Historic alliance is founded largely on the exchange of Saudi oil for American security

Petroleum ministry’s claim in National Assembly nothing but an exaggeration

PTI lawmaker continues ‘whistle protest’

Their release followed a series of negotiations

Thanks to the shale boom, US crude is cheaper than oil from elsewhere

Index closes 250 points lower amid foreign capital outflows

Chinese state oil companies are also willing to become cornerstone investors in the Aramco IPO, reports suggest

Spill area is an important spawning ground for species

Faleh said oil producers have not yet achieved their target of reducing world stocks to normal levels

Country now plans to pursue the presidential policy of 'global energy dominance'

Fire raged for a second day following a collision with a grain ship

Furnace oil sales decline by a hefty 44% year-on-year to 0.43 million tons

China has kept rejecting accusations that it helps Pyongyang circumvent sanctions

Though the impacts of the shortages are clear for all to see, the reasons are not

The revenues in the first nine months rose to $120 billion, a 23 per cent surge compared to last year

CNG body says depreciation is aimed at pleasing IMF, exporters

US President Trump personally appealed to Chinese leader Xi Jinping to turn off the oil tap after N Korea missile test

Small oil companies have led the way in shale technology, turning US into world's fastest-growing energy exporter

Rising drilling activity means output is likely to grow further

Shale firms are adding rigs in response to a big increase in spot prices

Oil leak in South Dakota helps prices rise

Centre should allow provinces to award petroleum concession agreements.

Urge resolving post-18th Amendment impasse

High manganese levels cause harm to vehicle engines and public health

Brent futures were up half a per cent to $62.49

The visit reflects a rapid deepening of ties between the two countries

Ghana drilled for oil in a disputed maritime area

Results below expectations, share price drops 3.1% on Monday

Argue it has become uneconomical to produce jet fuel at current price

Price of gas from Sui fields undergoes massive upward revision

Greens' backing jumped to 6.1 per cent from 3.9 per cent in a similar June poll

Company says discovery in Bhambhra-1 will open new avenues

Will help generate employment opportunities for the youth

Oil company seeks to benefit from shift away from fossil fuels