SINGAPORE/BEIJING: Oil prices tumbled to their lowest levels in over four years on Wednesday, rattled by escalating trade tensions between the United States and China, coupled with rising global supply concerns. The downturn follows the U.S. imposition of a staggering 104% tariff on Chinese imports, reigniting fears of a prolonged trade war and weakening fuel demand. Brent crude fell by…
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ISLAMABAD: A high-level Saudi delegation led by Deputy Minister for Mining Abdulrahman Al-Belushi met with Pakistan’s Federal Minister for Petroleum, Ali Pervaiz Malik, to explore avenues for enhanced collaboration in the energy and minerals sectors. The meeting took place on the sidelines of the Pakistan Minerals Investment Forum 2025, highlighting growing bilateral ties and mutual investment interest. Minister Malik highlighted…
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ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan, has called for ramped-up foreign and local investment to unlock Pakistan’s vast untapped mineral resources—nearly 95% of which remain unexplored. Speaking at the inaugural session of the Pakistan Minerals Investment Forum 2025, jointly hosted by the Oil and Gas Development Company Limited (OGDCL) and the Special Investment Facilitation Council (SIFC), Kamal underscored…
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Minister for Petroleum Ali Pervaiz Malik and Alparslan Bayraktar, Minister of Energy and Natural Resources of Turkiye witnessed the signing ceremony. In a significant development, Pakistan and Turkiye have stepped into cooperation in oil and gas exploration. On the sideslines of Pakistan Minerals Investment Forum 2025, Pakistan and Turkiye have signed a joint bidding agreement to jointly participate in offshore…
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ISLAMABAD: The federal government has confirmed that top officials of the National Electric Power Regulatory Authority (Nepra) granted themselves substantial salary hikes earlier this year—without prior cabinet approval—sparking renewed concerns over governance and transparency in regulatory bodies. Responding to a question in the National Assembly from MNA Shagufta Jumani, Minister Incharge for Cabinet Division Dr. Tariq Fazal Chaudhry revealed that…
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ISLAMABAD: Pakistan officially launched the Pakistan Mineral Investment Forum 2025 (PMIF25) today, aiming to spotlight its immense mineral wealth spread over 600,000 square kilometers. Federal Minister for Petroleum and Natural Resources, Ali Pervaiz Malik, inaugurated the two-day forum (April 8–9), emphasizing the country’s untapped potential and commitment to responsible mining practices. Joined by Oil & Gas Development Company Limited (OGDCL)…
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In the heart of Pakistan’s power crisis—where daily 8-hour blackouts disrupt lives from Karachi to Lahore—Growatt steps forward with a powerful solution: the SPM 3000-10000TL-HU hybrid inverter. With over 68% of families relying on costly diesel generators (consuming up to 35% of monthly income, according to NEPRA) and voltage fluctuations damaging household appliances, the demand for reliable, clean energy has…
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Karachi: Atif Ikram Sheikh, President FPCCI, has apprised that the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is set to host a high-profile business delegation of 60 members of different sectors from the Association of Southeast Asian Nations (ASEAN) on April 21, 2025, at its Head Office in Karachi. President FPCCI continued that the ASEAN comprises an alliance…
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Karachi: Atif Ikram Sheikh, President FPCCI, is leading the Pakistani trade delegation to the United Kingdom to attend a Commonwealth program on 7th – 8th April. The strategic move aims to capitalize on the vast opportunities offered by the Commonwealth; which comprises of 56 countries with a combined GDP of over $13 trillion. Atif Ikram Sheikh will speak in the…
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Athens, April 1st, 2025 – LONGi Solar, a global leader in solar technology, has announced a groundbreaking 225.9MW solar project in Greece, marking the largest deployment of Back Contact (BC) technology in Europe to date. This achievement highlights the dominance of LONGi’s Hi-MO 9 in utility-scale renewable energy projects and establishes BC technology as the future of photovoltaic innovation. Unrivaled…
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