Oil falls after US-Iran talks conclude in Switzerland
Oil prices declined on Monday after US-Iran talks concluded in Switzerland with Tehran saying it had secured waivers for oil and petrochemical exports, easing worries about a supply shortage in…
Iran without sanctions: Pakistan’s $15bn upside
A sanction-free Iran could save Pakistan $10-15 billion a year in energy costs and add 2-3 percentage points to GDP. More importantly, it would flip Pakistan from an energy price-taker…
Oil falls 5% to three-month low as US, Iran reach peace deal to reopen Strait of Hormuz
Oil prices slumped 5% to a three-month low on Monday amid a broad selloff after the U.S. and Iran said they agreed on terms to end their war and reopen…
Pakistan: Indigenous energy sources overtake thermal power
• Renewables, hydel and nuclear together now account for more than half of installed generation capacity• PPIB has facilitated 102 IPPs, attracting over $35bn in foreign investment Pakistan’s energy sector…
Pakistan: Vessel carrying 73,000 MT of crude oil to arrive at KPT
A vessel, P Aliki, carrying 73,000 metric tons of crude oil, is set to arrive at Karachi Port Trust (KPT) on Thursday. According to the KPT’s shipping intelligence report, the…
China kicks off mega LNG vessel build, cementing high-end shipbuilding edge
Construction has commenced on an ultra-large liquefied natural gas (LNG) carrier with a capacity of 271,000 cubic meters, underscoring China’s growing strength in high-end shipbuilding and global energy logistics. The…