Energy
Gas supply continues across the country
Certain news items have been published in the media yesterday giving the impression as if a new wave of supply disruption/force majeure has hit the gas…
Energy
Energy
4 Million Barrels of Saudi Crude to Transit Strait of Hormuz
Two very large crude carriers (VLCCs), fully loaded with Saudi crude oil, are set to transit the Strait of Hormuz, signaling a gradual recovery in traffic…
Energy
Punjab Increases Token Tax on Petrol Vehicles from July 2026
The Punjab government has officially approved an increase in the annual token tax for petrol vehicles with engines larger than 1000cc, effective from July 1, 2026.…
Energy
Eni Joins with Mercuria to Expand Energy Trading Ventures
Eni, the Italian energy firm, has announced a new joint venture with Mercuria, a leading global commodity trader, aimed at boosting profits from energy commodity trading.…
Energy
AI Expansion Drives Massive Demand for Electricity
The rapid rise of artificial intelligence (AI) technologies is triggering an unprecedented surge in energy demand globally. Industry experts warn that the AI revolution requires vast…
Energy
Trump Demands Immediate Gas Price Cuts Amid Falling Oil Costs
Former U.S. President Donald Trump has publicly urged gasoline retailers to reduce fuel prices immediately, criticizing them for not passing on the benefits of lower crude…
Energy
Middle East Oil Production Recovers to 15 Million Bpd
Crude oil production in the Middle East has rebounded to an estimated 14.6 to 15 million barrels per day (bpd) earlier this month, signaling a significant…
Energy
US Rig Count Rises as Hormuz Transit Resumes
The total number of active drilling rigs for oil and gas in the United States increased this week, according to the latest data released by Baker…
Energy
Azerbaijan, Turkmenistan Boost Trade, Energy Cooperation
Azerbaijan and Turkmenistan have signed a series of agreements aimed at enhancing trade, customs, transport, energy, agriculture, banking, and labor migration cooperation. The agreements, finalized during…
Energy
OGDCL Starts Production at Sahito-1 Gasfield in Sindh
The Oil and Gas Development Company Limited (OGDCL) has commenced production from the Sahito-1 gasfield located in Khairpur district, Sindh. The company confirmed that gas supply…
