Oil

Aramco has not commissioned any site in Pakistan

Aramco has not commissioned any site in Pakistan

Gas & Oil Pakistan Ltd (GO) Chief Operating Officer Zeeshan Tayyeb clarified that ‘no Aramco site has been commissioned anywhere in Pakistan so far.

Russian energy minister meets PM; long-term oil, gas supply from Russia to Pakistan discussed

Russian energy minister meets PM; long-term oil, gas supply from Russia to Pakistan discussed

A delegation led by Russian Energy Minister Nikolay Shulginov called on Prime Minister Shehbaz Sharif here wherein the two sides discussed the supply of oil and gas from Russia to Pakistan on a long term basis. During the meeting, both the sides agreed on the importance of energy sector for the development of bilateral economic and trade…

Oil prices rise US$1 on China’s reopening optimism

Oil prices rise US$1 on China’s reopening optimism

OIL prices rose as much as US$1 on Friday, extending gains from the previous trading session on hopes of a China demand boost and after data showed lower fuel inventories in the United States following a winter storm that hit during the year end. Brent crude futures were 94 cents, or 1.2 per cent, higher…