Your daily dose of insights
[ ISLAMABAD: Mari Energies has finally allocated gas to Universal Gas Distribution Company (Pvt) Ltd from the Spinwam discovery in the Waziristan block of Khyber-Pakhtunkhwa following a warm response from the private sector. Mari Energies is the operator of the Waziristan block having 55% working interest along with Oil and Gas Development Company and Orient … Read more
[ ISLAMABAD: Oil & Gas Development Company Limited (OGDC) has signed a contract with Canada’s Synergetic Oil Tools Incorporated to deploy advanced Passive Energy Tool technology aimed at enhancing production from Pakistan’s heavy crude oil fields, according to a statement issued on Monday. The contract signing ceremony was held at OGDC Headquarters in Islamabad, with … Read more
Higher oil prices propelled a quarterly earnings jump for Saudi Arabia’s energy giant, which used pipelines to work around disruptions in the Strait of Hormuz.
The 46-year-old will work with the team across both red-ball and white-ball formats Former South African cricketer Michael Smith has been appointed batting coach of the Pakistan men’s team. Photo: AFP Former South African cricketer Michael Smith has been hired by the Pakistan Cricket Board (PCB) as batting coach of the men’s team, the Board … Read more
Multiple khawarij reported wounded as security forces destroy terrorist hideouts, recover cache of weapons, ammunition Security forces killed several terrorists during intelligence-based operations (IBOs) in Khyber-Pakhtunkhwa’s (K-P’s) Lakki Marwat as part of the Azm-e-Istehkam vision, state media reported on Tuesday, citing security sources. According to the sources, security forces also destroyed multiple terrorist hideouts during … Read more
[ LAHORE: Cement despatches increased by 6.02% in July 2026, with total volumes reaching 4.476 million tonnes compared to 4.222 million tonnes during the same month last year, according to data released by the All-Pakistan Cement Manufacturers Association (APCMA). Local despatches by the industry rose 17.28% to 3.771 million tonnes in July 2026 from 3.215 … Read more
[ BENGALURU: US shale producers are expected to report their strongest quarterly profits since 2022 after the Iran war sent crude prices soaring, with analysts expecting much of the windfall to be returned to shareholders rather than spent on expanding production. ConocoPhillips, Occidental Petroleum, EOG Resources, Diamondback Energy and Devon Energy are among the producers … Read more
The President of the Pakistan Cycling Federation (PCF), Syed Azhar Ali Shah, has announced that the Pakistan Cycling Federation has released its annual event calendar for 2026-27. According to the calendar, the National Road Cycling Championship will be held in Karachi in October 2026. The championship will feature participation from all affiliated units of the … Read more
FIFA president Gianni Infantino speaks during the event. Photo: REUTERS NEW YORK: FIFA President Gianni Infantino faces an uphill battle in his re-election bid as the national soccer federations of Serbia, Sweden and Wales withdrew their support after a failed proposal to sell a stake in the World Cup to private investors. The following figures … Read more
[ Easing Gulf situation drives optimism; investors focus on banking, cement, fertiliser sectors KARACHI: Renewed investor optimism lifted the Pakistan Stock Exchange (PSX) on Monday as the benchmark KSE-100 index surged more than 2,100 points, driven by a robust buying momentum across major sectors following a sharp decline in international oil prices. The KSE-100 settled … Read more