Oil, gas reserves to be confirmed only after exploration: sources D_Trends

Oil, gas reserves to be confirmed only after exploration: sources D_Trends

A representational image showing Equinor’s oil platform in Johan Sverdrup oilfield in the North Sea. — Reuters/File Can’t determine reserves’ size until discovery of oil, gas: sources. They say data from geological survey is currently being studied. Petroleum Division to conduct bidding in next year’s first quarter. ISLAMABAD: As Pakistan looks to address its increasing … Read more

Bangladesh’s search for new salt sources drives surge in Pakistani exports D_Trends

Bangladesh’s search for new salt sources drives surge in Pakistani exports D_Trends

Speculation is mounting among salt traders regarding a potential surge in exports to Bangladesh, fueled by recent political developments and environmental challenges in the region. The shift comes as Bangladesh seeks alternatives to its primary salt supplier, India, whose production has been hampered by severe monsoon rains. Industry insiders have reported a marked increase in … Read more

Govt summons 13 IPP owners after probe discovers ‘additional profiteering’: sources Dtrends

Govt summons 13 IPP owners after probe discovers ‘additional profiteering’: sources Dtrends

A general view of the high voltage lines during a nationwide power outage in Rawalpindi on January 23, 2023. — AFP SAPM Muhammad Ali playing key role in investigation: sources. Members of probe committee visit plants to collect record, data. Govt to reduce capacity payment, profit of state-owned plants. ISLAMABAD: The government’s investigation team summoned 13 independent power … Read more

Harris’s election effort raises around $500 million in a month, sources say Dtrends

Harris’s election effort raises around 0 million in a month, sources say Dtrends

US Vice President Kamala Harris delivers remarks during a campaign event, at West Allis Central High School, in West Allis, Wisconsin, US, July 23, 2024. — Reuters US Vice President Kamala Harris’ election effort has raised around $500 million since she became the Democratic presidential candidate, sources told Reuters, an unprecedented money haul that reflects … Read more

Iran to supply Russia with hundreds of ballistic missiles, intel sources says Dtrends

Iran to supply Russia with hundreds of ballistic missiles, intel sources says Dtrends

Dozens of Russian military personnel are being trained in Iran to use the Fath-360 close-range ballistic missile system, two European intelligence sources told Reuters, adding that they expected the imminent delivery of hundreds of the satellite-guided weapons to Russia for its war in Ukraine. Russian defence ministry representatives are believed to have signed a contract … Read more

Rashid Mahmood Langrial to become new FBR chairman, say sources D_Trends

Rashid Mahmood Langrial to become new FBR chairman, say sources D_Trends

Rashid Mahmood Langrial of the Pakistan Administrative Services (PAS). — Govt website of the Power Division The federal government seems to have made up its mind regarding the appointment for the helm of the Federal Board of Revenue (FBR), sources told Geo News on Wednesday, adding that Rashid Mahmood Langrial of the Pakistan Administrative Services … Read more