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The IMF commends Pakistan for effectively managing the oil crisis while calling for urgent reforms in the gas sector to address rising circular debt

Oil prices climbed sharply on Thursday after reports that an Iranian parliamentary committee is reviewing a proposal that could restrict US and Israeli vessels from the Strait of Hormuz. The move added fresh supply-risk…

Britain’s gas system is moving back to the centre of the policy debate after an official assessment warned that the country could face supply problems in the 2030s unless ministers act more aggressively to protect the…

Production at Rosebank, the UK's biggest undeveloped oil and gas field, could be delayed for months after equipment was accidentally dropped into the sea, as the government weighs granting a licence.

Global oil prices moved higher after fresh reports of disruption in two of the world’s most closely watched shipping routes, underscoring how quickly tensions in the Middle East can ripple through energy markets…

Oil prices rose on Friday after US President Donald Trump warned that countries trading with Iran could face additional economic sanctions, adding a fresh layer of uncertainty to already tense global energy markets…

Pakistan expects Turkish Petroleum seismic vessels to arrive in the autumn as both countries advance a new phase of offshore oil and gas exploration.

Oil price rises above 95 mark as Middle East conflict escalates Oil markets have tightened again as the price of Brent crude moved above $95 a barrel, returning to a level not seen for six weeks and reflecting fresh…

BP is winding down its corporate venture capital arm after nearly two decades, selling the majority of its portfolio — more than ten companies — to Nordic private equity firm Verdane in a deal the companies expect to…

Iran has warned that US-linked energy interests across the Gulf could be vulnerable if attacks on Iranian assets continue, deepening concern over shipping, oil supplies and the fragile security balance around the Strait…

BP placed its North Sea operation under review for a potential sale, arguing that another owner may be better positioned to invest in the mature UK portfolio.

PPP has held back support for two natural gas revenue bills as coalition grievances spill into the petroleum committee's legislative work.

A new study finds that consumers who are paying a premium for foods advertised as made with avocado oil are probably not getting what they think they're

Work on the Afghan section of the TAPI pipeline revives hopes for a Central Asian gas route to Pakistan, though costs and security remain decisive.

U.S. markets hovered near record territory as oil volatility, high Treasury yields and July inflation data kept investors cautious.

Pakistan imported a record 3.482 million tonnes of palm oil worth $3.785 billion in FY26, compared to 3.214 million tonnes worth $3.4 billion in FY25, according to Pakistan Bureau of Statistics data.

Oil prices moved higher as U.S.-Iran diplomacy stalled and reduced traffic through the Strait of Hormuz renewed concern about global energy supplies.

Yemen’s oil wealth could ease a severe economic squeeze if exports resume, yet persistent security risks still cloud the country’s path back to

Oil price slides as us and iran pause fire cancer treatments were among the day’s key business themes in The Guardian Business live coverage, with markets reacting quickly to signs that the latest Middle East flare-up…

Asian nations are recalibrating energy strategies to achieve domestic independence as the Iran War forces a shift away from over-reliance on imported liquefied natural gas and global market volatility

Venezuela has signed energy agreements with Chevron and Eni as Caracas seeks new investment, higher oil output and power-sector recovery.

With the Strait of Hormuz effectively closed, the militant group’s threats in the Red Sea jeopardize Saudi Arabia’s main workaround for oil

Crude has returned to the $100 mark for the first time since May, as traders weigh escalating conflict risks spanning the Persian Gulf and the Red Sea.

Oil has climbed above $100 for the first time since May after a fifth straight day of gains, as reports of Red Sea attacks added fresh pressure to already tense