E&P firms delay gas allocation

[ ISLAMABAD: Hydrocarbon exploration and production (E&P) companies are reportedly delaying the allocation of newly discovered gas to third parties, approved by the Council of Common Interests (CCI), in a bid to help their favourite parties, which do not have licences, to enter the arena. The CCI had approved in January 2025 the criteria for … Read more

Belgium to recognise Palestinian state at UN General Assembly

Belgium will recognise a Palestinian state at the UN General Assembly, Foreign Minister Maxime Prevot said on Tuesday, adding to international pressure on Israel after similar moves by Australia, Britain, Canada and France. Under mounting global criticism for its war in Gaza, Israel has been angered by the pledges to formally recognise a Palestinian state … Read more

Trade directory launched to boost business networking

[ LAHORE: Punjab Governor Sardar Saleem Haider on Monday launched the Directory of Trade & Industry 2025, prepared by the Lahore Chamber of Commerce and Industry (LCCI) and a publication aimed at strengthening business networking, boosting trade and providing investment opportunities. The Directory of Trade & Industry includes details of 36,500 members, classified into five … Read more