ISLAMABAD: Pakistan LNG Limited (PLL) has rejected bids for two spot liquefied natural gas (LNG) cargoes, which demanded higher rates and could force consumers to pay an additional $22 million for one LNG cargo. At a briefing, the Senate Standing Committee on Petroleum was informed that an LNG cargo was expected to arrive at Karachi…
Tottenham Hotspur’s Mathys Tel fouls Leeds United’s Ethan Ampadu before conceding a penalty after a VAR review. Photo: REUTERS/FILE LONDON: Tottenham Hotspur wasted a golden chance to ease their Premier League relegation fears as Dominic Calvert-Lewin’s penalty earned Leeds United a 1-1 draw in North London on Monday. A first home win in the league…
Jannik Sinner continues his dominant run at the Italian Open with a commanding straight-sets victory, extending his winning streak in Rome. Photo: AFP/FILE ROME: Jannik Sinner set up a David v Goliath clash with countryman Andrea Pellegrino in the last 16 of the Italian Open after demolishing Alexei Popyrin in straight sets 6-2, 6-0 on…
K-P Chief Minister Sohail Afridi takes notice of explosion, seeks report from inspector general of police DERA ISMAIL KHAN: At least seven people, including two traffic police personnel, were killed and 23 others injured in an explosion in the Sarai Naurang tehsil of Lakki Marwat in Khyber-Pakhtunkhwa (K-P) on Tuesday, according to Bannu DIG Sajjad…
ISLAMABAD: The petroleum division is set to move a summary to the Economic Coordination Committee (ECC) to amend the oil refinery policy, aiming to remove sales tax on the import of machinery and address the issue of operational sales tax, according to an official statement. Federal Minister for Petroleum Ali Pervaiz Malik chaired a high-level…
Rory McIlroy and Scottie Scheffler, who together have won four of the past five major titles, have impressed each other with their mental focus and golfing skills. As world number one Scheffler and second-ranked McIlroy prepared to face a world-class field at Aronimink in the 108th PGA Championship starting Thursday, they examined each other's most…
Oil climbs as Iran peace deal fades; Hormuz tensions keep Brent above $105 and $115 in sight By helping the world reduce oil prices from the $150-$200 range and saving hundreds of billions in import bills and high interest expense, Pakistan has earned its seat at the table. photo: REUTERS Oil prices rose nearly 1%…
Ministry calls claims ‘misleading and sensationalised,’ says planes arrived for diplomatic logistics during ceasefire Pakistan categorically rejected the CBS News report regarding the presence of Iranian aircraft at Nur Khan Airbase, describing it as “misleading and sensationalised”. Such “speculative narratives” appear aimed at undermining ongoing efforts for regional stability and peace, according to the Ministry of Foreign…
KARACHI: Investors offloaded their holdings at the Pakistan Stock Exchange (PSX) on Monday over uncertainty surrounding US-Iran negotiations for a peace deal, which pulled the KSE-100 index down by 610 points. In the morning, trading commenced on a negative note, with the benchmark index sliding 1,433.57 points, or 0.84%, within minutes to hit 169,682.25 at…
Since the ceasefire began, the two countries have traded accusations of violating it with attacks on civilians ZAPORIZHZHIA: In Ukraine’s southeastern city of Zaporizhzhia, a three-day ceasefire between Kyiv and Moscow expiring later on Monday brought little respite to residents exhausted by more than four years of Russia’s invasion. The three-day truce was announced on…