Energy
India Plans to Reduce Nuclear Exclusion Zones for Expansion
India is set to reduce the size of exclusion zones around its nuclear power plants, a move aimed at freeing up land for the expansion of…
Energy
Energy
Global Coal Demand Rises Amid Middle East Energy Crisis
Global demand for coal has surged sharply in recent months as disruptions in oil and gas supplies from the Middle East intensify, according to market analysis…
Energy
Morgan Stanley Warns Oil Buffers May Deplete Before Hormuz Reopens
Financial services firm Morgan Stanley has cautioned that global oil market buffers could be exhausted before the strategic Strait of Hormuz reopens, potentially triggering a significant…
Energy
China’s Car Sales Drop Amid Falling Gasoline Demand
China experienced a significant decline in car sales in April 2026, with total sales dropping by 21.5% compared to previous figures. This slump has been largely…
Energy
Oil Tankers Turn Off Transponders to Exit Strait of Hormuz
Three supertankers carrying crude oil from Iraq and the United Arab Emirates successfully navigated the Strait of Hormuz last week by switching off their transponders to…
Energy
Government Restricts Diesel Imports to PSO
In an effort to stabilize Pakistan’s economy and manage fuel imports more effectively, the federal government has placed restrictions on private oil marketing companies (OMCs) from…
Energy
Pakistan Seeks to Restart $6 Billion Refinery Upgrade Plan
Pakistan is making renewed efforts to restart a stalled $6 billion plan aimed at upgrading the country’s oil refineries, according to recent government developments. The initiative,…
Energy
Government Announces Petrol and Diesel Price Hike
The federal government has announced a significant increase in fuel prices, raising petrol by Rs14.92 per litre and high speed diesel (HSD) by Rs15 per litre.…
Energy
Upstream Oil and Gas Deal Value Drops Amid Price Uncertainty
The global upstream oil and gas sector experienced a significant decline in deal value in March 2026, according to industry data from Rystad Energy. Despite a…
Energy
Iraq Denies U.S. Claims of Deputy Minister Aiding Iran Oil Sales
Iraq’s Oil Ministry has firmly denied allegations from the United States accusing its deputy oil minister of facilitating the sale of Iraqi crude oil mixed with…