Pakistan registers sharp decline in oil sales and consumption

Aug 02, 2022

Islamabad [Pakistan], August 2 : In line with Shehbaz Sharif-led Pakistan government's efforts to reduce oil import bills, Pakistan has registered a sharp decline...

Moody's affirms stable outlook for BPCL, IOCL

Jul 18, 2024

Moody's Ratings on Thursday affirmed a stable outlook for state-owned oil companies Indian Oil Corporation Ltd (IOCL) and Bharat Petroleum Corporation Limited (BPCL).

UAE leverages oil power to push secretive oil companies on emission reductions: Report

Nov 11, 2023

Environmentalists have criticised the initiative, led by Sultan al-Jaber, head of this year's climate talks and chief of the UAE's national oil company.

Oil palm mission: Mega plantation drive involving eleven states concludes

Aug 13, 2023

The ‘Mega Oil Palm Plantation Drive’, which commenced on July 25, where State governments along with oil palm processing companies participated, concluded on Saturday....

Share prices of oil companies up after windfall tax cut

Jul 20, 2022

New Delhi [India], July 20 : Soon after the government announced the reduction in windfall tax on crude oil, the share prices of major...

Oil Marketing companies likely to cut petrol-diesel prices: Sources

Jun 08, 2023

Oil marketing companies (OMC) are likely to reduce prices of petrol and diesel, according to government sources.