Power hide & seek
Karachi has a formal economy estimated to be worth $190 billion as of 2021, which is the largest in the country. Karachi collects 35% of Pakistan’s tax revenue and generates…
Israel Appoints Israel Katz as New Foreign Minister
TEL AVIV (Agencies): The Israeli Cabinet of Ministers has approved the appointment of Israel Katz as the new head of the country’s Foreign Ministry. The decision comes as Eli Cohen…
Debate Resurfaces: Time to Replenish America’s Strategic Petroleum Reserve?
WASHINGTON (Agencies): Following significant withdrawals of 180 million barrels from the Strategic Petroleum Reserve (SPR) in response to rising gasoline prices, there is a growing discussion about the need to…
Niger Prepares for Inaugural Crude Oil Exports in January
NIAMEY (Agencies): Niger is gearing up to commence its first-ever crude oil exports in January, according to statements from the country’s military leader, General Abdourahamane Tiani. The commercial phase of…
Fuel Relief: Pakistan’s Government Slashes Petrol and Diesel Prices
ISLAMABAD (Agencies): In a significant move, the caretaker government of Pakistan has announced a substantial reduction in the prices of petrol and high-speed diesel (HSD) for the next two weeks.…
Aramco to acquire a 40% stake in Gas & Oil Pakistan
DHAHRAN, Saudi Arabia (Agencies): Aramco, one of the world’s leading integrated energy and chemicals companies, today signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan…