Energy
OPEC Oil Production Hits Lowest Since 2000 Amid Middle East Tensions
Oil production among members of the Organization of the Petroleum Exporting Countries (OPEC) has fallen to its lowest level since the year 2000. According to a…
Energy
Energy
SPEC To Invest $4.5B To Set Up Refinery in Balochistan
SPEC Refinery Pvt Ltd is advancing plans for Pakistan’s first deep-conversion greenfield refinery at Hub, Balochistan, with an estimated investment of $4.5 billion, a move expected…
Energy
Pakistan Customs Ensures Uninterrupted LPG Imports Through Gabd-Rimdan Border
Pakistan Customs has reaffirmed that customs clearance operations at the Gabd-Rimdan border crossing remain fully functional, with the uninterrupted movement and clearance of essential commodities, particularly…
Energy
Asian LNG Prices Set to Hit 3.5-Year High: Morgan Stanley
Morgan Stanley analysts have projected a significant surge in Asian liquefied natural gas (LNG) prices, predicting they will reach their highest point in three and a…
Energy
China Leads Global Low-Carbon Investments, US Momentum Declines
China continues to dominate the global low-carbon energy investment landscape, securing the majority of funding for industrial projects focused on reducing carbon emissions. According to a…
Energy
Dark Mode Tanker Traffic Surges in Strait of Hormuz
The Strait of Hormuz, a vital global oil transit chokepoint, is witnessing a sharp decline in transparent tanker traffic, complicating efforts to monitor oil and gas…
Energy
Bank of England Official Highlights Oil Crisis Impact on Rate Outlook
A policy official from the Bank of England has underscored the complexity the ongoing Middle East energy crisis is adding to the central bank’s interest rate…
Energy
India Boosts Venezuelan Oil Imports Amid Energy Ties Expansion
Indian energy companies are actively exploring opportunities in Venezuela’s oil sector as imports from the South American nation surged by 51% within a month. This development…
Energy
NEPRA Cuts Electricity Rates, Saves Consumers Rs56 Billion
The National Electric Power Regulatory Authority (NEPRA) has approved a significant reduction in electricity rates, providing a total relief of approximately Rs56 billion to consumers over…
Energy
Trump Announces $700M Support for U.S. Coal Power Plants
Former U.S. President Donald Trump has proposed a $700 million financial package aimed at bolstering the nation’s coal power sector. This support initiative, reported by Reuters…
