With annual debt repayments nearing $25bn and interest costs eating up a little less than half the total annual revenue, the ...

Media in recent weeks have been abuzz with news that Pakistan is sitting on massive oil reserves both onshore and offshore.

Claims of the discovery of oil and gas reserves in Pakistan repeatedly make headlines across the world. But every time it ...

Pakistan's largest refiner Cnergyico will import 1 million barrels of oil from Vitol in October, Cnergyico's Vice Chairman ...

Pakistan's Oil & Gas Development Company Limited (OGDCL) announced an oil discovery in the southeastern province of Sindh, ...

Pakistan will import its first-ever U.S. crude oil cargo in October through Cnergyico and Vitol following a new trade and ...

The United States and Pakistan reached a trade agreement expected to allow Washington to help develop Pakistan's largely ...

The United States and Pakistan reached a trade agreement expected to allow Washington to help develop Pakistan’s largely untapped oil reserves and lower tariffs for the South Asian country, officials ...

A key U.S. inflation gauge rose last month, in a sign that President Donald Trump’s broad-based tariffs are starting to lift ...

WASHINGTON, D.C.- President Donald Trump on July 31 declared that the United States has struck a deal with Pakistan to jointly develop what he described as “massive oil reserves”, with a suggestion ...