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A service for energy industry professionals · Thursday, May 22, 2025 · 815,038,049 Articles · 3+ Million Readers
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Pakistan Oil & Gas Newswire

  • Published on 08:51 GMT

    VIDEO: Oil tanker overturns in Karachi

    An oil tanker overturned in Karachi, resulting in a significant oil spill and triggering an emergency response from local authorities, ARY News reported on Thursday. According to details, the incident occurred near Landhi No. 4, Karachi, when the tanker, …

    Source: ARY News - Indeterminate
  • Published on 03:54 GMT

    Pakistan has $2.5bn surplus in trade with US: Aurangzeb

    ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb said that Pakistan’s exports to United States of America (USA) is $4.4 billion as compared to imports of US$1.9 billion with the trade surplus of $2.5 billion during current …

    Source: Business Recorder - Neutral
  • Published on 01:55 GMT

    Aramco Sells LNG Cargo to S-Oil

    Aramco Trading Co, the trading arm of oil giant Saudi Aramco, has sold a liquefied natural gas (LNG) cargo to South Korea's S-Oil Corp, as the company looks to ramp up its LNG business, four industry sources said on Wednesday. The cargo is for delivery …

    Source: World Energy News - Connecticut - Pending
  • Published on 03:43 GMT

    Pakistan records $2.5 billion trade surplus with USA for FY2024-25, finance minister tells NA

    Pakistan has maintained a positive trade balance with the United States, with exports valued at $4.4 billion and imports at $1.9 billion during the first three quarters of the 2024-25 fiscal year, resulting in a trade surplus of $2.5 billion, Finance …

    Source: Profit by Pakistan Today - Neutral
  • Published on 09:35 GMT

    IMF remains undecided on Pakistan’s tax relief requests ahead of June budget: report

    The International Monetary Fund (IMF) has yet to decide on Pakistan’s request for tax relief measures in the upcoming budget scheduled for June 2, as authorities continue discussions on practical steps to implement agriculture income tax and improve …

    Source: Profit by Pakistan Today - Neutral
  • Published on 09:35 GMT

    Pakistan’s trade deficit with nine neighbours widens 35% to $9.8 billion in 10 months

    Pakistan’s trade deficit with nine neighbouring countries expanded by 34.64 percent in the first ten months of the current fiscal year, reaching $9.787 billion compared to $7.269 billion during the same period last year, according to State Bank of Pakistan …

    Source: Profit by Pakistan Today - Neutral
  • Published on 09:34 GMT

    Pakistan considers raising defence budget amid rising tensions with India: report

    Pakistan is reviewing plans to further increase the defence budget for fiscal year 2025-26 in response to rising security challenges from India and to boost indigenous defence research and development.  The Express Tribune reported, citing official sources …

    Source: Profit by Pakistan Today - Neutral
  • Published on May 21, 2025

    UAE Dirham to Pakistani Rupee Rate Today- May 21, 2025

    Karachi, 21 May 2025 – The UAE Dirham (AED) open market exchange rate against the Pakistani Rupee (PKR) has stabilized at 76.44 PKR, according to the latest information from the currency market. The stability is due to a quiet period for the AED-PKR …

    Source: ARY News - Indeterminate
  • Published on May 21, 2025

    Bahraini Dinar to Pakistani Rupee Rate Today- May 21, 2025

    Karachi/Manama – May 21, 2025: Bahraini Dinar (BHD) remained constant with respect to the Pakistani Rupee (PKR) today, as the exchange rate remained constant at 747.79 PKR, in accordance with the recent interbank market rates. This is a result of the …

    Source: ARY News - Indeterminate
  • Published on May 21, 2025

    Canadian Dollar to Pakistani Rupee Rate Today- May 21, 2025

    Karachi, May 21, 2025 – The Canadian Dollar (CAD) is steady against the Pakistani Rupee (PKR) at 201.55 PKR as of Wednesday, according to the latest forex market data. The stability is realized in the midst of global economic instability, fueled by trade …

    Source: ARY News - Indeterminate
  • Published on May 21, 2025

    2 dead, minister's house vandalised: Why is Pakistan's Sindh on boil?

    New Delhi: Tensions galore in Pakistan's Sindh as protestors flocked to the streets against their army-backed Indus Canal project. Sindh went to a boil after two protestors were killed during an agitation against the project. The protestors took a …

    Source: India TV News - Pro-Government
  • Published on May 21, 2025

    Futures Slide As 30Y Yield Rises Above 5%, Oil Jumps On Iran War Fears

    US equity futures and global markets are weaker with both tech and small caps underperforming as yields rise (10Y TSY  at 4.53% last) and the curve bear steepens. As of 8:00am ET, S&P futures are down 0.5% with sentiment hit by a CNN report that Israel …

    Source: Zero Hedge - Right-wing
  • Published on May 21, 2025

    Kuwaiti Dinar Dips Slightly Against Pakistani Rupee

    Kuwait City/Karachi- May 21, 2025 – The Kuwaiti Dinar (KWD) experienced a marginal decline against the Pakistani Rupee (PKR) today, trading at 913.99 PKR compared to yesterday’s rate of 916.01 PKR. This subtle shift in the exchange rate reflects …

    Source: ARY News - Indeterminate
  • Published on May 21, 2025

    China the biggest winner of India-Pakistan air fight

    The loudest cheers of victory in the brief India-Pakistan war are congratulating the Pakistani pilots who flew Chinese-built jets firing impressive PL-15 missiles, purportedly enabling them to shoot down six of India’s French and Russian warplanes. China …

    Source: Asia Times - Neutral
  • Published on May 21, 2025

    Shah Hussain, Pakistan’s young Japan raised judo star, hopes for medal repeat at Asian Games

    Pakistan’s Japanese-raised judoka, Shah Hussain, will continue his unusual quest for glory when he tries to add Asian Games gold to Commonwealth silver in Incheon. Tokyo-based Hussain, the son of one of Pakistan’s most distinguished athletes, hit the …

    Source: The National News - Pro-Government
  • Published on May 21, 2025

    Pakistan’s widening financing gaps

    Pakistan is bracing for a daunting financial challenge as the International Monetary Fund (IMF) projects a $31.4 billion external financing shortfall by 2027-28, following the end of its current programs. With stagnant privatization revenues and rising …

    Source: Weekly Cutting Edge - Pending
  • Published on May 21, 2025

    In picturesBull racing, Pakistan style

    Bulls are fastened together by thick wooden frames in a sun-scorched field of rural Pakistan, while behind them, holding on to nothing more than ropes and his honour, is a man on a plank. Hundreds of spectators cheer as the animals begin to hurtle down a …

    Source: The National News - Pro-Government
  • Published on May 21, 2025

    Electricity tariff likely to go up in Pakistan 

    ISLAMABAD: Electricity tariff is likely to increase Rs1.27 per unit as the Central Power Purchasing Agency (CPPA) has submitted a request for a fuel cost adjustment for the month of April. The National Electric Power Regulatory Authority (NEPRA) will …

    Source: ARY News - Indeterminate
  • Published on May 21, 2025

    Pakistan to impose 3-5% GST, Rs2.50 per litre carbon levy on petroleum products in FY26

    The Petroleum Division has moved forward with a proposal to impose a Rs2.50 per litre carbon levy on key petroleum products, including petrol, diesel, and furnace oil, aiming to generate substantial revenue and support climate change initiatives, according …

    Source: Profit by Pakistan Today - Neutral

04 days 17:20:00

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