Experts and civil society representatives have asserted that the effective implementation of the Petroleum Industry Act, PIA, ...

Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, ...

Hours after Iran’s parliament passed a motion in support of the closure of the Strait of Hormuz on Sunday (22 June), India's ...

The ethanol blending initiative is a key national mission aimed at reducing carbon emissions, cutting dependence on imported ...

Union Minister Hardeep Puri on Monday called for closing down funding channels to terrorists and separatists and doubling efforts to unitedly combat the global menace as he paid tributes to the ...

The 12 percent value-added tax (VAT) imposed on fuel products must be suspended as oil prices are expected to rise sharply ...

Local oil firms agree to a staggered implementation of price increases at the pump, as petroleum prices continue to rise amid the escalating conflict in the Middle East.

Oman announced its plans to become the first Gulf nation to impose an income tax on its citizens. The GCC nation plans to ...

Iran’s proposal to close the Strait of Hormuz after U.S. strikes raises fears of oil supply disruptions. How will this impact ...

Experts warn that any disruptions could cause crude prices to soar, raising significant concerns about economic impacts in ...

Find insight on European energy stocks, Tenaga Nasional, crude oil prices and more in the latest Market Talks covering Energy ...

The Israel-Iran conflict touches nerves far beyond the battlefield, and for Nigeria, it activates a complicated web of ...