Trends - oil production - Business Recorder

World

Trump urges US oil giants to repair Venezuela’s ‘rotting’ energy industry

We’re going to discuss how these great American companies can help rapidly rebuild Venezuela’s dilapidated oil industry

Published 10 Jan, 2026 02:56am

Markets

PPL begins oil production from Attock well

KARACHI: Pakistan Petroleum Limited (PPL) has commenced oil production from its Dhok Sultan-03 well under an...

Published 05 Nov, 2025 06:58am

Markets

OPEC+ plans another oil output hike in November

MOSCOW/LONDON: OPEC+ will likely approve another oil production increase of at least 137,000 barrels per day at its...

Published 29 Sep, 2025 02:56am

Print

Khamenei bemoans low oil production

TEHRAN: Iran’s supreme leader Ayatollah Ali Khamenei on Sunday bemoaned his country’s oil production levels and...

Published 08 Sep, 2025 05:59am

BR Research

Trump, Opec+, and the oil price paradox

Donald Trump’s latest remarks urging Opec+ to bring down oil prices have added another layer of noise to an already...

Published 31 Jan, 2025 07:57am

Markets

OGDCL enhances oil production from Kunnar Oil Field in Hyderabad

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) on Thursday announced a significant enhancement in oil...

Published 24 Jan, 2025 08:12am

Markets

OGDCL boosts oil production at Pasakhi-7, starts gas supply from Chak 212-1

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) boosts oil production at Pasakhi-7, commenced gas...

Published 21 Jan, 2025 07:41am

Markets

OGDCL revives well in Hyderabad, enhances oil production

Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P) company,...

Updated 26 Dec, 2024 06:30pm

BR Research

PPL FY24 – earnings growth amid production decline

For FY24, Pakistan Petroleum Limited (PSX: PPL) reported a 17 percent year-on-year growth in earnings, despite...

Updated 26 Sep, 2024 09:44am

Markets

Oil eases on resuming US output after storm

NEW YORK: Oil prices fell on Friday as US Gulf of Mexico crude production resumed following Hurricane Francine and...

Updated 15 Sep, 2024 09:44am

BR Research

POL strikes despite production dip

The oil production of Pakistan witnessed an uptick of 1.4 percent year-on-year in FY24. Meanwhile, gas production...

Published 06 Sep, 2024 08:53am

BR Research

Oil prices: Geopolitics pips fundamentals

The seemingly never-ending seesaw between market fundamentals and geopolitical risks entered another fresh episode...

Published 29 Aug, 2024 08:05am

Markets

FY24: Oil production up; gas’s down

KARACHI: The oil production of Pakistan has increased by 1.4 percent on year-on-year basis during FY24, however gas...

Published 07 Aug, 2024 05:38am

Business & Finance

OGDC sees significant boost in oil production at KPK well

Oil and Gas Development Company Limited (OGDC) has registered a significant increase in oil production from Nashpa...

Updated 17 May, 2024 04:46pm

Markets

Brent hovers above $83 as inflation data takes centre stage

LONDON: Oil prices edged higher on Monday after losing about $1 a barrel in the previous session on signs that U.S....

Updated 13 May, 2024 06:30pm

Markets

OPEC+ likely to extend production cuts in June

LONDON: Saudi Arabia and its allies in OPEC+ are likely to keep oil production unchanged for a further three months...

Published 05 May, 2024 02:54am

BR Research

MARI – earnings slip in 3Q

Mari Petroleum Company Limited (PSX: MARI) announced its financial performance recently, posting a decline in the...

Published 03 May, 2024 09:07am

BR Research

POL in 9MFY24

During the nine months of FY24, the oil production by the exploration and production sector in the country witnessed...

Published 29 Apr, 2024 07:40am

Print

Iran inks big contracts to increase oil production

TEHRAN: Iran on Sunday sealed contracts worth billions of dollars with domestic companies to boost its oil...

Updated 18 Mar, 2024 08:55am

Markets

Iran inks big contracts to increase oil production

TEHRAN: Iran on Sunday sealed contracts worth billions of dollars with domestic companies to boost its oil...

Published 17 Mar, 2024 08:21pm

Markets

Oil rises on Middle East tensions, interest rates curb gains

HOUSTON: Oil prices rose on Tuesday as tensions in the Middle East stoked future supply concerns, but gains were...

Updated 13 Feb, 2024 09:36pm

Markets

Iraq committed to OPEC, will not produce more than 4mn bpd: minister

BAGHDAD: Iraq is committed to OPEC decisions and after its second voluntary cut announced in December it is also...

Published 12 Feb, 2024 05:02pm

Business & Finance

Saudi Aramco halts plan to raise production capacity: statement

RIYADH: Saudi Arabia has ordered energy giant Aramco to maintain its oil production capacity at 12 million barrels...

Published 30 Jan, 2024 12:08pm

Print

Angola to quit OPEC over oil production quotas disagreement

LUANDA: Angola said on Thursday it would leave OPEC over a disagreement on production quotas following the oil...

Published 22 Dec, 2023 05:22am

World

IMF says lower oil production will reduce Iraq’s GDP growth in 2023, 2024

DUBAI: The International Monetary Fund said Iraq faces lower GDP growth in 2023 and 2024 as a result of lower oil...

Published 19 Dec, 2023 08:30pm

Markets

OPEC+ talks tough, policy rollover possible, sources say

LONDON: OPEC+ talks on oil policy are difficult, making a rollover a possibility rather than deeper production cuts...

Published 28 Nov, 2023 07:19pm

Markets

Indian Oil to double Ennore LNG terminal’s capacity to 10mn tpy

NEW DELHI: Indian Oil Corp, the country’s top refiner, aims to double the capacity of its liquefied natural gas...

Published 24 Nov, 2023 02:40pm

Markets

Oil prices steady ahead of OPEC+ oil production decision

Global benchmark Brent crude oil hovered above $81 a barrel on Friday ahead of next week’s OPEC+ meeting, which...

Updated 24 Nov, 2023 10:31pm

BR Research

MARI – earnings soar in 1QFY24

The oil and gas exploration and production sector has seen some respite in production volumes in the ongoing fiscal...

Published 27 Oct, 2023 08:07am

World

Nigeria wins multi-billion-dollar damages appeal

LONDON: Nigeria won an appeal on Monday to overturn a multi-billion-dollar damages bill in a long-running ...

Published 24 Oct, 2023 05:05am