Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. — ReutersEmergency measures fail to cover 20m barrels per day supply loss. Supply shortages may hit Europe in April, Asia already…
Related Posts
Pakistan, IMF begin virtual talks on financing gaps, FBR tax target credibility

The seal of the International Monetary Fund is seen at the headquarters building in Washington, DC. — AFP/FileIMF flags gap in FBR projections.UAE rollover still under negotiation.Spending cuts likely if revenues lag.
ISLAMABAD: Pakistan and the International Monetary Fund …
No more net metering as govt shifts to net billing

A technician fixes new electricity meters at a residential building in Karachi. — AFP/FileElectricity drawn from grid to be charged at consumer tariffs.Agreement term cut to five years from earlier seven years.Govt ends one-to-one offset model for neutralising bills.
ISLAMABAD:…
Pakistan ‘seeks bids’ for two LNG cargoes amid supply concerns

A liquefied natural gas tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. — ReutersPLL invites bids from global LNG suppliers.First cargo delivery scheduled May 12-14.Second shipment planned for May 24-26.
ISLAMABAD:…



