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HOUSTON: Oil prices rose by more than $3 a barrel on Thursday on news that an Iranian parliament committee is reviewing a bill that would ban US and Israeli vessels from the Strait of Hormuz and fine violators up to a fifth of the value of
An official assessment says Great Britain could face gas supply shortfalls in the 2030s unless ministers take exceptional steps to protect ageing infrastructure and prepare for low-probability shocks
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.
Oil markets turned higher after reported attacks in the Red Sea and a fire near the Strait of Hormuz renewed concern about shipments moving through a vital energy
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.
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.
U.S. markets hovered near record territory as oil volatility, high Treasury yields and July inflation data kept investors cautious.
Oil has climbed above $95 a barrel for the first time in six weeks as renewed conflict around key shipping routes raises fears of fresh global supply disruption
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.
Oil prices edged higher for a third straight session as stalled peace prospects around Iran and the Strait of Hormuz kept traders focused on supply risks
An oil stockpile warning is putting airlines, retailers and consumers back on inflation watch as higher fuel costs threaten to move from energy markets into ticket prices and delivery charges. The story is
Venezuela has signed energy agreements with Chevron and Eni as Caracas seeks new investment, higher oil output and power-sector recovery.
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.
Asian markets rose as South Korea's chip-heavy Kospi jumped, while oil gains kept inflation and rate worries alive.
Federal Reserve rate patience is facing a new test as oil prices, inflation expectations and mixed market signals overlap before the next policy meeting. It is the kind of update that people search for because
Indian police used tear gas and baton charges on Monday to break up a protest march in New Delhi as students and supporters of the satirical Cockroach Janta Party attempted to reach parliament and press for the
The Strait of Hormuz crisis is becoming an economic warning for Pakistan as fuel imports, LNG supplies, freight costs and inflation risks converge.
Consultation ending on controversial Rosebank oil is among the latest top updates found in Novexa News' active RSS feeds, and it has enough public interest to merit a fuller, human-readable article rather than a bare
Oil price nerves have returned for businesses that were hoping fuel costs would settle, with shipping risks and Middle East tension complicating planning again. It is the kind of update that people search for
Petrol pump owners in Pakistan have announced a nationwide strike starting Wednesday night after talks with the government over a daily petroleum pricing mechanism ended without agreement, according to a monitored
ISLAMABAD: Pakistan’s telecom regulator is working on a uniform policy that would allow consumers to transfer an e-SIM between phones at least 10 times without paying a fee, a Senate committee was told on Thursday amid