MOSCOW: The Kremlin has criticized the latest US sanctions targeting the Russian energy sector, warning of potential destabilization of global oil markets. Moscow vowed to take measures to mitigate the impact of the sanctions, which were announced on Friday. “These actions by the United States are an attempt to undermine our companies through non-competitive means, but we are confident in…
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ISLAMABAD: The prices of petroleum products, including high-speed diesel (HSD), petrol, and kerosene, are expected to increase by up to Rs6 per litre starting Wednesday, owing to a surge in international oil prices. Sources indicate that petrol prices may rise by Rs5-6 per litre, while kerosene and diesel prices are likely to increase by Rs3 and Rs2 per litre, respectively.…
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LAHORE: Following the recovery of left-handed batsman Saim Ayub, who is dealing with a serious injury, Pakistan will finalise their Champions Trophy 2025 squad, Geo News reported citing sources, however an initial draft of the national team members will be forwarded to the International Cricket Council (ICC) today (Sunday). According to the protocol for ICC events, which requires participating nations to submit…
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Russia’s legendary mixed martial arts fighter Khabib Nurmagomedov was kicked out of a flight in the United States over a seating dispute with the airline staff at the Harry Reid International Airport in Las Vegas. In a video that went viral on social media, airline staff can be seen confronting the martial arts fighter and asking him to shift his…
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KARACHI: Ahead of the upcoming 10th edition of the Pakistan Super League (PSL), former Pakistan skipper and renowned batter Sarfaraz Ahmed on Sunday announced quitting Quetta Gladiators. He made the announcement on microblogging website Instagram by sharing a picture of himself with franchise owner Nadeem Omar. “Today I want to tell you that my time with Quetta Gladiators has come…
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SLAMABAD: In a significant move to strengthen efforts against power theft, the Ministry of Energy (Power Division) has officially established a Distribution Company (DISCO) Support Unit (DSU) in the Sukkur Electric Power Company (SEPCO) to combat power theft. According to a notification from the Ministry of Energy, the DISCO Support Unit includes representatives from the Inter-Services Intelligence (ISI), Military Intelligence…
Read MoreWith energy minister Awais Khan Leghari listing the planned 300MW Gwadar coal power plant amongst projects considered unaffordable for the consumers and hinting at scrapping it — along with several other proposed generation schemes of 10,000MW — the future of the long-stalled project appears more uncertain than ever. The ‘warning’ comes at a time when the imported coal-based plant’s Chinese…
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Karachi: Atif Ikram Sheikh, President FPCCI, has apprised that the Pakistani trade delegation, led by FPCCI, participated in Bangladesh – Pakistan Business Forum in Dhaka; which was organized by the Federation of Bangladesh Chambers of Commerce & Industries (FBCCI), on Monday. A Memorandum of Understanding (MoU) was also signed between FPCCI and FBCCI in the meeting to form Pakistan –…
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January 13, 2025: Pakistan’s Minister of Petroleum and Water Resources Dr. Musadiq Malik alongside key policymakers, state-owned entities and industry leaders will represent Pakistan at the Future Minerals Forum (FMF) in Riyadh from the 14-16th of January. The delegation, including prominentcompanies like Pakistan Petroleum Limited, Oil and Gas Development Company Limited, MariEnergies, Government Holdings (Private) Limited, Pakistan Minerals (Private) Limited,…
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On January 8, 2025, KSTAR kicked off its 2025 Tour in Lahore, Pakistan, marking a significant milestone in the country’s renewable energy journey. Against the backdrop of rising electricity prices, frequent power outages, and Pakistan’s ambitious target of generating 60% of its energy from renewables by 2030, KSTAR reaffirmed its commitment to driving Pakistan’s energy transition. The event spotlighted KSTAR’s…
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