Ali-Pervaiz

New Petroleum Minister Vows to Resolve Exploration Sector Challenges

ISLAMABAD: Newly appointed Petroleum Minister Ali Pervaiz Malik has pledged to address long-standing challenges in Pakistan’s oil and gas sector, which have hampered indigenous exploration and production activities. The move follows the removal of former minister Musadik Malik, whose bureaucratic approach was widely criticized for creating bottlenecks instead of solutions, prompting Prime Minister Shehbaz Sharif to intervene by forming a high-level gas committee led by Deputy PM Ishaq Dar. Among the foremost challenges is the finalisation of a model agreement for tight gas, which remains unsigned despite Oil and Gas

latest news

War or peace on the Indus?

War or peace on the Indus? May 6, 2025 John Briscoe Anyone foolish enough to write on war or peace in the Indus needs to first banish a set of

Ali-Pervaiz

New Petroleum Minister Vows to Resolve Exploration Sector Challenges

ISLAMABAD: Newly appointed Petroleum Minister Ali Pervaiz Malik has pledged to address long-standing challenges in Pakistan’s oil and gas sector, which have hampered indigenous exploration and production activities. The move follows the removal of former minister Musadik Malik, whose bureaucratic

New-IMF1

IMF Approves \$2.1bn for Pakistan Despite Indian Objections

WASHINGTON: In a significant boost to Pakistan’s economic outlook, the International Monetary Fund (IMF) on Friday approved two major financing arrangements worth \$2.1 billion, defying Indian efforts to derail the process. The support includes a \$1 billion disbursement under the

ITCN-Asia

26th ITCN Asia in Lahore Postponed to January 2026 Amid Uncertainty

Lahore, May 9, 2025: The organizers of the 26th ITCN Asia have officially announced the postponement of the highly anticipated tech exhibition, originally scheduled for May 9–11, 2025, in Lahore. The decision comes in light of prevailing uncertainties, with organizers

Fake-News

Fake News Frenzy: India’s False Claims of Downing PAF Jet Exposed

KARACHI: Reports by Indian media claiming the downing of a Pakistan Air Force (PAF) F-16 fighter jet have been categorically dismissed as “blatant lies and fake news” by security sources in Pakistan. Officials described these assertions as a desperate attempt

Pakistan-Army

Pakistan Downs 30 Indian Kamikaze Drones Amid Escalating Border Tensions

ISLAMABAD/LAHORE – In a dramatic escalation of border hostilities, the Pakistan Army successfully intercepted and destroyed 30 Israeli-made Harop kamikaze drones launched by India on Thursday, targeting civilian and military sites across multiple cities. The Inter-Services Public Relations (ISPR) confirmed

Nepra-tariff

No Major Cut in Base Power Tariff Expected for FY2025-26

ISLAMABAD, May 9: Contrary to public expectations of substantial relief, the government is unlikely to implement a significant reduction in the base electricity tariff for the upcoming fiscal year 2025-26. According to official sources, the proposed adjustment ranges from a

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The gaming industry is growing very fast, and the biggest game companies in the world are planning exciting things for the future. These companies want to create better games, improve technology, and give players new and fun experiences.

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The forum remains committed to proposing actionable solutions for a more robust energy sector, the meeting resolved.

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