Despite improved stock covers of petroleum products, foreign exchange constraints have started to crop up in the oil supply chain due to additional costs of skyrocketing global prices, insurance and ...

PM speaks to Kuwait, Oman leaders PNSC ensures uninterrupted energy supplies amid tensions Power generation up in Feb Import ...

Victoria Police believe crime in the state is finally beginning to “stabilise”, despite new data showing offending has surged to record levels with widespread theft and breaches of bail emerging as a ...

Since the escalation, PNSC has successfully transported approximately 574,000 MT of crude (8–9 cargoes) and 61,000 MT of ...

According to oil marketing companies, commercial banks are not providing full foreign exchange coverage for their import requirements.