Tag: Oil
Two more bodies recovered from burning oil tanker in East China...
BEIJING: Rescuers have recovered the bodies of two crew members on an Iranian oil tanker that has been burning since it collided with a freighter...
Singapore sentences three more suspects in Shell refinery oil heist
SINGAPORE: A Singapore court on Saturday charged three men suspected of involvement in large-scale oil theft at Shell’s biggest refinery, days after bringing charges...
Iranian oil tanker in Chinese Sea could burn for a month
SEOUL: The stricken Iranian oil tanker in the East China Sea could burn for as long as one month, South Korea’s Ministry of Oceans...
KPOGCL’s exploration of oil and gas makes future base of provincial...
ISLAMABAD: Khyber Pakhtunkhwa Chief Minister, Pervez Khattak has appreciated the big stride of achievements by the Khyber Pakhtunkhwa Oil & Gas Company Limited (KPOGCL) in the...
Man throws boiling oil on infant girl
GUJRANWALA
INP
In an incident of stark apathy, a merciless man threw boiling oil on his five-month baby girl in Gujranwala.
According to the man’s wife, the...
CM inaugurates oil, gas project at Attock
LAHORE: In his address of the inaugural ceremony of Jhandial-I Project of oil and gas at Attock on Friday, Punjab Chief Minister Shehbaz Sharif said...
Two oil tankers overturn in Qilla Abdullah injuring four
QILLA ABDULLAH: At least four persons were injured when two oil tankers overturned in different areas of Qilla Abdullah on Thursday.
The incident took place...
Saudi king set for first ever visit to Russia
MOSCOW: King Salman of Saudi Arabia will arrive in Russia this week to conduct the first official visit to the country by a Saudi king,...
Iran, Syria sign phone, petrol deals
TEHRAN: Iran will build a mobile phone network and petrol terminal in Syria under deals signed in Tehran on Tuesday during a visit by Prime...
OGDCL crude oil production reaches 48,767 barrels per day
The crude oil production of Oil and Gas Development Company (OGDCL) has touched the highest level of 48,767 barrels per day (bpd) and the...
Oil slides lower on oversupply woes
Oil prices extended losses on Wednesday after industry data showed a rise in US crude stockpiles, supporting oversupply concerns.
Industry body the American Petroleum Institute...
Oil edges higher in Asia but US crude stays below $40
Oil edged higher in Asia Wednesday after industry data showed a decline in US crude inventories, but prices stayed below $40 a barrel amid...
Oil sinks globally but Pakistan set to increase prices from Aug 1
Oil prices sink even further as glut worries return
The government on Friday decided to increase petroleum prices from August 1 even though oil prices...
World Bank raises 2016 oil price forecast
The World Bank is raising its 2016 forecast for crude oil prices to $43 per barrel from $41 per barrel due to supply outages...
Oil market recedes with rate calls in view
Oil prices retreated Thursday as caution prevailed before central bank policy meetings in Europe and Japan.
At 1130 GMT, Brent North Sea crude for delivery...
Oil rebounds on bargain hunting
World oil prices rebounded Thursday as dealers snapped up bargain crude, one day after the commodity sank to fresh two-month lows on disappointing US...
Oil loses sight of $50 level
Global oil prices dropped over the week,losing sight of the key $50 dollar level, as worries about a supply glut and weak economic growth...
