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1-10 results from 1000 for query «oil»

December 9, 2018 12:00 AM Iran seeks regional front against US economic terrorism, says Rouhani

TEHRAN: Iran’s President Hassan Rouhani said US sanctions were “economic terrorism”, as he sought to foster a united front from visiting regional officials on Saturday. Addressing parliament speakers from Afghanistan, China, Pakistan, Russia and Turkey, Rouhani said they had all suffered economic pressure from the US. “We are facing an all-out assault

December 8, 2018 5:44 AM Seven dead and 18 wounded after road accidents in Punjab

SHEIKHUPURA/SAHIWAL: Road accidents led to the deaths of at least seven while leaving 18 injured on Friday night in Punjab’s Sheikhpura and Sahiwal areas. Reports revealed that a collision between a rickshaw and an oil tanker on Sheikhpura’s Sargodha Road led to the deaths of four people while critically injuring one. It was further revealed that the rickshaw 2

December 8, 2018 12:00 AM SSGC seeks Rs84.3/mmbtu price hike

KARACHI: Sui Southern Gas Company (SSGC) has filed a petition before the Oil and Gas Regulatory Authority (OGRA) for review of its estimated revenue requirement / prescribed prices for FY18/19. SSGC has requested the authority to allow an upward adjustment of Rs84.30/mmbtu in its prescribed prices effective from July 1, 2018 for FY18/19 to compensate

December 6, 2018 12:33 PM PM Imran says no military solution to Afghan conflict

ISLAMABAD: Prime Minister Imran Khan on Thursday reiterated his stance that there was no military solution to Afghan conflict. Speaking at the cabinet meeting, he said PTI's viewpoint was now being vindicated by US Special Representative Zamlay Khalilzad rest of the world. He said Khalilzad was sent by President Donald Trump for Afghan reconciliation

December 4, 2018 12:00 AM Pakistan Refinery transfers Shell’s 29pc stake to PSO

KARACHI: Pakistan Refinery Limited (PRL) on Monday announced the transfer of around 29 percent of its shares held by British Shell to Pakistan State Oil (PSO), more than doubling the total shareholding of the leading state-owned oil marketing firm in the refinery. Total 84 million class-B shares of Shell Petroleum Company Limited, United Kingdom in Pakistan 1

November 30, 2018 12:00 AM International oil price slides under $50 per barrel

LONDON: One of the world's major oil contracts, New York´s WTI, slumped under $50 per barrel on Thursday, reaching the lowest level in nearly 14 months. The WTI and Brent North Sea crude, another benchmark contract, have been tumbling for weeks on fears of a supply glut, despite oil kingpin Saudi Arabia planning an output cut and urging other producer 3

November 28, 2018 12:00 AM Prices of essential kitchen items go up by 11pc

ISLAMABAD: The average prices of essential kitchen items have witnessed an increase of almost 11 percent from May to October 2018, official data of Pakistan Bureau of Statistics reveals. Price of wheat went up from Rs320.49 to Rs340 (6.11 percent) per 10kg. Similarly the price of flour increased from Rs359.81 to Rs393.35 (9.32%) per 10kg. Rice Basmati 1

November 26, 2018 12:00 AM Water crisis can be a big threat to Pakistan’s economy: WEF

ISLAMABAD: Pakistan’s economy can face big challenges in the coming decade due to several looming risks, with water crisis being a primary threat among others, according to the World Economic Forum, Geo News reported. The World Economic Forum has recently published a report named ‘regional risks for doing business’, which has listed imminent risks to the South 2

November 25, 2018 12:00 AM Oil, gas royalty for Kohat finalised

KARAK: A formula for the provision of gas to the remaining areas of Karak district and for the release of oil and gas royalty and its subsequent use was devised at a meeting between lawmakers of Kohat Division and adviser to chief minister on energy and power Himayatullah. This was stated by the Member Provincial Assembly (MPA) Mian Nisar Gul Kakakhel 1

November 25, 2018 12:00 AM Rousseff and Lula accused in fresh graft case

BRASALIA: Brazil has opened criminal proceedings against former left-wing leaders Luiz Inacio Lula da Silva and Dilma Rousseff for allegedly receiving bribes with money diverted from state-owned oil giant Petrobras. The Workers Party (PT) of the two ex-presidents has strongly denied the charges, calling them a "scandalous maneuver" with partisan motives