Govt Restricts Diesel Imports to PSO Ostensibly to Curb Dollar Drain
In an apparent bid to curb foreign exchange outflows, the government has banned all oil marketing companies (OMCs) from importing High Speed Diesel (HSD),and...
KSreleif Completes Distribution of Food Packages to Families in Punjab
The King Salman Humanitarian Aid and Relief Centre (KSrelief) has successfully completed the distribution of food packages to 8,500 families in Punjab under the...
DGPC Questions FHL Over ‘Illegal’ Use of Confidential Reports in Ongoing Legal Dispute
The Directorate General of Petroleum Concessions (DGPC) has formally asked Frontier Holdings Limited (FHL) to explain its alleged use of confidential and uncirculated inquiry...
OGRA Disburses Rs38bn to OMCs Under PDC to Support Fuel Price Stability
The governemnt's efforts to keep fuel prices affordable gained momentum as the Oil and Gas Regulatory Authority disbursed Rs38 billion to oil marketing companies...
Saudi Extends $5bn Lifeline, Adds $3bn Fresh Support to Bolster Pakistan’s External Finances
Pakistan received a major external financing boost as Saudi Arabia committed $3 billion in fresh support and extended its existing $5 billion deposit, strengthening...
Gwadar $10bn Saudi–Pakistan Refinery Project Accelerates as Strategic Energy Ties Deepen
A major boost to Pakistan’s energy infrastructure is on the horizon as the long-awaited $10 billion Saudi–Pakistan refinery project in Gwadar gains renewed traction,...
Attacks Disrupt Saudi Energy Network; Major Oil Output and Exports Hit
A wave of attacks on energy infrastructure in Saudi Arabia has disrupted oil production, refining and transport systems, reducing output, damaging key facilities and...
BingX Launches Global Capital Gala to Bridge TradFi and Crypto Markets
BingX, a leading cryptocurrency exchange and Web3-AI company, has announced the launch of its “Global Capital Gala,” a global trading campaign designed to spotlight...
Paracha Lauds Pakistan’s Diplomacy in US-Iran Ceasefire, Says Global Oil Shock Eased by $22...
Founder & CEO Universal Gas Distribution Company Pvt Ltd, Ghiyas Abdullah Paracha termed the US-Iran ceasefire a major diplomatic success for Pakistan, saying it not...
Saudi Arabia Enters Artemis Program with ‘Shams’ Satellite Launch
Saudi Arabia has marked a significant entry into global space exploration by launching its “Shams” satellite as part of the Artemis II mission, becoming...