Energy
Indian refiners boost Russian oil amid supply strain
Indian refiners secured 60 million barrels of Russian crude for April as Middle East conflict disrupts supply chains and exposes deeper vulnerabilities in global energy and…
Author: Aftab Ahmed
The Writer is a senior journalist who has worked with Business Recorder, News International and Daily Dunyea
Pakistan
PM Shehbaz Briefs MBS on Iran–US Deal Talks
Prime Minister Muhammad Shehbaz Sharif has updated the Saudi Crown Prince over diplomatic efforts to strike a Iran US war deal between Iran and United States…
Energy
Optional Multi Tariff ToU Mechanism for Industrial Consumers
Under Special initiative by the Federal Minister for (Power Division Sardar Awais Ahmed Khan Leghari, the Division is considering introduction of a new optional tariff mechanism…
Energy
OGRA plans quota fuel system with subsidies
Government moves to launch app-based fuel quota system with subsidies for two- and three-wheelers amid supply concerns. The Oil and Gas Regulatory Authority on Tuesday reviewed…
Energy
Oil prices seen up Rs30 Per Litre
Pakistan oil prices are expected to rise by around Rs30 per litre in the next review, while the government weighs targeted relief measures and tighter monitoring…
Business
SBP cancels Dream Exchange license over violations
SBP revokes Dream Exchange licence, halting all forex operations as regulator tightens oversight of exchange companies amid compliance concerns. The State Bank of Pakistan has cancelled…
IT& Telecom
SadaPay outage disrupts app, cards remain active
SadaPay app goes offline due to regional server disruption, while assuring users that funds are secure and card-based transactions continue without interruption. Digital payments platform SadaPay…
Energy
Australia Feels Heat of Gulf War, Shuts Barossa LNG Plant
Santos shuts Barossa LNG and Darwin plant, tightening global gas supply amid Middle East disruptions and recent outages in Qatar and UAE exports. Australian oil and…
Energy
Nepra Approves Wheeling Auction Process
Pakistan’s power regulator NEPRA has approved the country’s first-ever wheeling auction process, clearing the way for competitive electricity trading under the new market regime and declaring…
Business
CCP Enforces Order, Recovers Rs40M Penalty from UDPL & IBL
ISLAMABAD: The Competition Commission of Pakistan (CCP) has successfully enforced its order by recovering a cumulative penalty of PKR 40 million from United Distributors Pakistan Limited…
