ISLAMABAD: Islamabad High Court (IHC) has declared that the sales tax zero-rating on ‘petroleum crude oil’ also extends to condensate. This is the crux of the judgement of the IHC on the issue of ...

As WTI futures traded below $60 per barrel for most of this week, US shale producers have grown visibly more anxious about ...

Kazakhstan's oil output fell in the first two weeks of April by 3% from the March average, the energy ministry said on Monday ...

Kazakhstan's energy ministry has announced negotiations with oil companies to potentially reduce production after the country ...

Nigeria’s fiscal stability is under pressure as crude oil production plummeted to its lowest level yet in 2025, raising the ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country's oil production decreased to 1,400,783 ...

The Walcot Group, a prominent Nigerian oil firm, has announced the successful bid for three oil blocks in Angola, containing ...

Pakistan’s Oil and Gas Development Company Limited (OGDCL) has continued to make discoveries at the Spinwam-1 well in the ...