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1-10 results from 1000 for query «oil»

January 16, 2019 12:00 AM LTU Karachi collects Rs587bln in first half of 2018/19

KARACHI: The Large Taxpayers Unit (LTU) Karachi has collected Rs587 billion during the first half (July–December) of the current fiscal year, amid flat growth in sales tax collection, sources said on Tuesday. The unit – the biggest revenue collecting arm of the Federal Board of Revenue (FBR) – posted only two percent growth in the collection of Inland 35

January 15, 2019 12:00 AM Jordan king visits Iraq

BAGHDAD: Jordanian King Abdullah II met Iraq’s president and prime minister in Baghdad on Monday, in the monarch’s first trip to Iraq in more than a decade. It is the latest in a string of top-level visits to Iraq in recent weeks, which kicked off with a surprise Christmas trip by US President Donald Trump. King Abdullah met separately with Iraqi President 12

January 10, 2019 12:00 AM Oil, gas terminal commissioned

KARACHI: The Gas & Oil Pakistan Ltd has commissioned its state-of-the-art terminal at Mahmoodkot, Punjab in the vicinity of PARCO Mid-Country Refinery, which is the largest oil storage facility of any oil marketing company (OMC) in that region, a statement said on Wednesday. Total storage capacity of Mahmoodkot terminal is over 84,000MT, comprising over 56,000MT high-speed 20

January 9, 2019 8:22 AM 'Hopes are high': Italian Ambassador on oil and gas exploration in Pakistan

ISLAMABAD: Stefano Pontecorvo, Italy's Ambassador to Pakistan, on Wednesday said it was ENI, an Italian company, which brought others in for drilling in the sea to explore oil and gas in Pakistan. He was responding to a Tweet from Daniyal Gilani who had shared the "good news" about the exploration work off Karachi , tagging Exxonmobil in his post. "Actually 21

January 6, 2019 7:07 AM UAE crown prince meets PM Khan in Islamabad

Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed bin Sultan Al-Nahyan arrived in Islamabad after nearly 12 years on Sunday amid much fanfare for a day-long visit during which he will hold top-level meetings with Pakistani leadership. The Emirati crown prince was given a guard of honour and a fly-past salute during a welcome ceremony at PM House. He met other 39

January 6, 2019 1:31 AM UAE crown prince due in Islamabad today

ISLAMABAD: Emirati Crown Prince Sheikh Mohammed bin Zayed Al Nahyan is reaching here on Sunday for a daylong visit that aims at building on the fresh momentum in ties injected by recent contacts at the leadership level, the Foreign Office said. Prime Minister Khan visited the UAE twice after assuming office in August to seek economic assistance to ward off the foreign 17

January 6, 2019 12:00 AM Cash and oil package: Emirates Crown Prince due today with $6.2 bn deal

ISLAMABAD: United Arab Emirates (UAE) Crown Prince Sheikh Mohammed bin Zayed Al Nahyan is expected to officially announce a support package of about $6.2 billion for Pakistan during his two-day visit to the country on January 6. A high-level delegation will accompany the crown prince. Reportedly, all relevant terms and conditions have been finalised 11

January 5, 2019 12:00 AM Govt likely to get $4.7blnin oil, LNG credit facilities

ISLAMABAD: Pakistan is likely to grab $4.7 billion in credit facilities for oil and liquefied natural gas (LNG) imports from the United Arab Emirates (UAE) and a financial institution with a gulf nation’s deal expected to be concluded during an Emirati prince visit to the country on Sunday (tomorrow), senior officials said on Friday. The officials said Abu Dhabi’s 12

January 4, 2019 2:04 AM Opec oil output posts biggest drop since 2017

LONDON: Opec oil supply fell in December by the largest amount in almost two years, a Reuters survey found, as top exporter Saudi Arabia made an early start to a supply-limiting accord while Iran and Libya posted involuntary declines. The 15-member Organisation of the Petroleum Exporting Countries (Opec) pumped 32.68 million barrels per day last month 10

January 4, 2019 12:00 AM FBR estimates Rs24 billion in revenue from POL products

KARACHI: The Federal Board of Revenue (FBR) has estimated Rs24 billion in additional revenue from petroleum products during the second half of the current fiscal year of 2018/19 as a result of upward revision in sales tax rates. Sources in FBR on Thursday said tax authorities estimated around four billion rupees a month in additional revenue with the increase 13