The meeting concluded with a mutual resolve to continue close collaboration between the Ministry of Petroleum and OGDC to overcome challenges and capitalise on opportunities within the energy sector. PHOTO: FILE ISLAMABAD: Oil and Gas Development Company Limited (OGDC) has achieved the highest-ever oil and gas discovery from a single well in Pakistan’s history at…
FinMin holds series of high-level meetings, multilateral engagements at IMF–World Bank Spring Meetings 2026 IMF MD meets Finance Minister Muhammad Aurangzeb at the IMF–World Bank Spring Meetings 2026. PHOTO: Radio Pakistan International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Thursday appreciated Pakistan’s ongoing economic reform progress during her interaction with Finance Minister Muhammad Aurangzeb…
Both review bilateral relations, reaffirm commitment to strengthen cooperation in areas including security, defence Qatari Minister of State for Foreign Affairs, Sultan bin Saad Al-Muraikhi receives Prime Minister Shehbaz Sharif at Doha Airport. PHOTO: PMO/X Prime Minister Shehbaz Sharif on Thursday expressed solidarity with Qatar and urged de-escalation and dialogue for peace in the Middle…
Authorities direct that practice of declaring exports under general trade codes be discontinued KARACHI: Pakistan Customs Export Collectorate has issued directives to ensure uninterrupted export of salt consignments with proper and exemplary packaging. These directives were issued during a meeting held between Collector Customs Export Rizwan Mahmood and representatives of the Salt Manufacturers Association, led…
Pakistan has not made any spot LNG purchases after reducing its dependence on imported fossil fuels to 25% from 32% A vessel at the Strait of Hormuz, off the coast of Oman’s Musandam province. PHOTO: REUTERS As the second energy shock in four years roils global markets, the contrasting experiences of Pakistan and Bangladesh underscore…
ISPR says primary aim of exercise was to refine drills, procedures, techniques related to counterterrorism operations Pakistan, Turkiye Joint Commando and Special Forces Exercise Jinnah-XIII. PHOTO: Screengrab The Pakistan–Turkiye Joint Commando and Special Forces Exercise Jinnah-XIII was successfully conducted in Turkiye on Thursday, focusing on counterterrorism operations, the military’s media wing said in a statement…
The US dollar falls to its lowest level in six weeks, making greenback-denominated commodities Gold and Silver prices rose on Thursday in Pakistan, supported by a weaker dollar and lower US Treasury yields, as investors grew optimistic about a potential end to the Middle East war, which has stoked fears of higher inflation. Spot gold…
Efforts are made to douse the fire at Viva Energy Group’s refinery in Geelong, Australia April 16, 2026, in this screengrab from a video. PHOTO: REUTERS A fire at the largest of Australia’s two oil refineries has hit petrol production, company and government officials said on Thursday, just as the nation faces pressure to shore…
Bullish momentum accelerates as $2 billion Saudi inflow boosts sentiment, strengthens outlook for external stability KARACHI: The rally at the Pakistan Stock Exchange (PSX) gathered fresh momentum on Thursday, with bulls dominating from the opening bell and pushing the benchmark KSE-100 index sharply higher in early trade. Within minutes of the session, the index surged…
Spokesperson says “if talks take place” the date and time will be announced officially, warning against speculation The Foreign Office (FO) on Thursday clarified that no dates have been decided for the second round of talks between the US and Iran and that, “if talks take place,” the date and time will be announced officially. Speaking at a weekly…