A drone view of a pump jack and drilling rig south of Midland, Texas, United States. — Reuters/FilePPL official says project inspired by Abu Dhabi’s drilling.Company aims to complete island construction in February.PPL plans to drill as many as 25 wells on the island.Pakistan…
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Centre seeks provincial share in targeted fuel subsidy amid price surge
A view of people standing in a queue for filling petrol outside a petrol pump in Rawalpindi on January 29, 2023. — OnlineGovt needs Rs300bn to provide targeted subsidy. Sufficient petroleum stocks available till May 10: ministry.Fuel prices to hover around $200 per barrel if…
Pakistan to sell surplus LNG in global markets from next year: minister
A file photo of a vessel carrying liquefied natural gas . — Reuters/File
LAHORE: Petroleum Minister Ali Pervaiz Malik said on Sunday that Pakistan would begin selling excess liquefied natural gas in international markets from January 1, The News reported.
He told a press…
Trump says he is firing Fed’s Cook over mortgage loan allegations
Federal Reserve Governor Lisa Cook attends the Federal Reserve Bank of Kansas City’s 2025 Jackson Hole economic symposium, in Jackson Hole, Wyoming, US, August 23, 2025. — Reuters
Trump says he has “cause” to remove Cook.First-ever effort to remove governor could face…