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Global Oil Prices Reach Peak Levels Amid Middle East Tensions
Global Oil Prices Soar to Peak Levels Amid Middle East Tensions; Brent Crude Reaches $107 While US Crude Crosses $95 Per Barrel ISLAMABAD : International oil markets have jumped to new highs as a result of continuing geopolitical tension and war in the Middle East. International commodity markets have British Brent Crude now above the…
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Government Reduces Prices of Both Petrol and High-Speed Diesel, Announces OGRA
Government Reduces Prices of Both Petrol and High-Speed Diesel; OGRA Issues Formal Notification for Immediate Implementation ISLAMABAD: The federal government has announced a downward revision in petroleum product prices, providing dual relief to consumers by lowering the rates of both petrol and high-speed diesel. According to the official notification issued by the Oil and Gas…
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Challenging the Depths: OGDCL’s Multi-Block Offshore Expansion Shifting Pakistan’s Economic Horizon
While land-based fields and mature onshore basins have long served as the traditional backbone of Pakistan’s hydrocarbon output, the nation’s premier corporate champion continues to break new ground where others hesitate. Marking a monumental strategic milestone for the country’s energy infrastructure, the Oil and Gas Development Company Limited (OGDCL) has taken a commanding leadership role…
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Pakistani Rupee Continues Upward Trend as US Dollar Depreciates in Both Open and Interbank Markets
Pakistani Rupee Continues Upward Trend; US Dollar Registers Further Decline Across Open and Interbank Markets, According to ECAP ISLAMABAD: The local currency sustained its positive momentum against the US dollar on Tuesday, with continuous marginal declines recorded for the greenback across both open and interbank foreign exchange markets. According to data released by the Exchange…
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Gold Prices Rise Further in International and Local Markets
Gold Prices Climb Further in International and Local Markets; Per Tola Rate Reaches Rs440,836 Following $9 Per Ounce Global Increase ISLAMABAD: Gold prices continued their upward trajectory across both international and domestic bullion markets on Tuesday, registering notable gains in tandem with global economic trends. In the international bullion market, the price of gold recorded…
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Government Invites Opposition Leader Mehmood Achakzai for Talks in Speaker’s Chamber
Government Invites Opposition Leader Mehmood Achakzai for Talks in Speaker’s Chamber; Location Is Irrelevant When Discussing National Interest, Says Tariq Fazal Chaudhry ISLAMABAD: The Federal government has invited opposition leader Mehmood Khan Achakzai to the National Assembly Speaker’s chamber for a constructive dialogue on national and constitutional issues on a formal basis. Reacting to the…
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Sohail Afridi Among 5 Accused Nominated in Radio Pakistan Attack Case
Sohail Afridi Among 5 Accused Nominated in Radio Pakistan Attack Case; Investigation Officer Submits Formal Challan to District Public Prosecutor PESHAWAR: In a landmark move in a case of the deadly riots that rocked Pakistan on May 9, the investigators in the case of Radio Pakistan’s attack in Peshawar have officially nominated five high-profile individuals,…
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There Cannot Be Two Foreign Policies in One Country, Says Information Minister Attaullah Tarar Amid Allegations of PTI Ties with TTP
There Cannot Be Two Foreign Policies in One Country; PTI Maintained Contacts with the Banned TTP, Asserts Information Minister Attaullah Tarar ISLAMABAD: Federal Minister for Information and Broadcasting Attaullah Tarar has said that a sovereign nation cannot have two foreign policies, alleging the previous government of the Pakistan Tehreek-e-Insaf (PTI) had continued to engage with…
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Ministry of Petroleum Initiates Comprehensive Winter Gas Plan as Middle East Conflict Raises Shortage Concerns
Ministry of Petroleum Initiates Comprehensive Winter Gas Plan Amid Threats of Shifting Maritime Routes and Supply Shortages Stemming From Middle East Conflict ISLAMABAD: Authorities have raised the possibility of a gas shortage coming in the winter, given the rising geopolitical tensions and the possibility of shipping routes being closed in the Middle East.The continuous supply…
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Emergency in Khyber Pakhtunkhwa Imposed Strictly Under Constitutional Articles 232 and 234, States Law Minister Azam Nazeer Tarar
Emergency in Khyber Pakhtunkhwa Imposed Strictly Under Constitutional Provisions; National Interest Must Supersede Political Priorities, States Law Minister Azam Nazeer Tarar ISLAMABAD: Federal Minister for Law and Justice Azam Nazeer Tarar has stated that the proclamation of emergency in Khyber Pakhtunkhwa was made strictly following Articles 232 and 234 of the Constitution by the President…