The coronavirus outbreak and plunging crude prices are a double blow that leaves Gulf Arab governments with few options to manage fiscal stability while trying to shield their economies and…
Flames soar into the air from a sandstone outcrop on a hillside on the Absheron peninsula near Baku, the capital of Azerbaijan, as it prepares to host the COP29 climate…
Heading for Turkey to the north and Iran to the east, hundreds of oil tankers snake each day from near Kurdistan’s capital Erbil, clogging the Iraqi region’s often winding and…
There is a perception among people that the IMF guidelines provided for the preparation of the FY25 budget are more prone to enhancing revenues through heavy taxation than to GDP…
Corruption in Venezuela’s oil industry is a many-headed monster that has devoured billions of dollars in taxpayers’ money in the past 20 years, experts say. Long the country’s only notable…
Small business owners in the US are struggling to get financing from traditional lenders as the impact of higher rates and bank failures of a year ago linger, holding back…
Mounting maritime security threats off Yemen’s coast have stalled work on scrapping a decrepit oil tanker, officials have told AFP, jeopardising a rare success story in the war-torn country. The…
The Federal Board of Revenue (FBR) has released recently the Revenue Division Year Book for 2022-23. This is a very useful publication and highlights the trends in the level and…
As the world’s most powerful oil producers ponder further supply cuts, Russia has little incentive for a radical change as its energy revenue is strong, oil prices are higher than…
The discovery of oil and gas has remarkably changed the fate of many countries. Not too long ago, people that used to live in abject poverty are now reaping the…
