The Pakistan government under its Agricultural Fiscal Package has approved Rs1.5 billion sales tax subsidy on locally manufactured tractors in order to promote mechanisation in agriculture sector to enhance per-acre crop output in the country.
Dana Gas, the Middle East’s leading publicly listed regional natural gas company, and its partner Crescent Petroleum, the oldest private oil & gas company in the Middle East, have announced the full resumption of the expansion project
Dana Gas has announced that year-to-date Pearl Petroleum Company Limited has received $151 million (Dhs553 million) from the sale of gas, condensate and LPG, in the Kurdistan Region of Iraq (KRI).
The Union government has issued a Global Invite for Expression of Interest for disinvestment in Bharat Petroleum Corporation Limited (BPCL) from prospective bidders with a minimum net worth of $10 billion as of Saturday.
The representatives from the United Arab Emirates and Israel welcomed the opportunity to explore how to promote and to advance the development of natural gas and petroleum within the two countries and to achieve their visions and shared goals.
Nigeria's long-awaited oil reform bill would privatise the Nigerian National Petroleum Company, amend changes to deepwater royalties made late last year and scrap key regulatory agencies in favour of new bodies.
Firefighters from the petrochemicals plant near the port of Bandar Imam Khomeini and regional fire teams responded to contain the blaze and there were no injuries, IRIB said on its social media feed.