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22nd March, 2013
Export of textile and clothing dips
Pakistan’s export of textile and clothing fell by over four per cent in February 2013 from a year ago after witnessing successive growths in the past five months.
Pakistan’s export of textile and clothing fell by over four per cent in February 2013 from a year ago after witnessing successive growths in the past five months.
27th February, 2013
Foreigners kidnapped off Nigeria are free: police
“All the six foreign hostages (were) released Monday evening unhurt. No ransom was paid before their release,” said the police commissioner
“All the six foreign hostages (were) released Monday evening unhurt. No ransom was paid before their release,” said the police commissioner
13th February, 2013
Govt raises Rs358bn from taxes on oil, gas
The government collected revenue of over Rs 138 billion from six different heads of oil and gas in the first six months of this fiscal year.
The government collected revenue of over Rs 138 billion from six different heads of oil and gas in the first six months of this fiscal year.
1st February, 2013
Explosion at Mexican oil giant Pemex offices kills 25
A powerful explosion rocked the Mexico City headquarters of state-owned oil giant Pemex on Thursday, killing 25 people, injuring 101 and trapping others inside.
A powerful explosion rocked the Mexico City headquarters of state-owned oil giant Pemex on Thursday, killing 25 people, injuring 101 and trapping others inside.
10th January, 2013
Parliamentary panel wants Parco, PSO MDs arrested
A meeting of the sub-committee had been convened to discuss loss of billions of rupees caused to the national exchequer on account of theft of oil from the PSO/Parco combined pipeline.
A meeting of the sub-committee had been convened to discuss loss of billions of rupees caused to the national exchequer on account of theft of oil from the PSO/Parco combined pipeline.
9th January, 2013
PPL to start drilling in Arabian sea
The Pakistan Petroleum Limited, in collaboration with ENI, a foreign exploratory firm, is set to start drilling of a well in the Arabian Sea along Pakistani waters for discovery of oil.
The Pakistan Petroleum Limited, in collaboration with ENI, a foreign exploratory firm, is set to start drilling of a well in the Arabian Sea along Pakistani waters for discovery of oil.
28th November, 2012
King Abdullah ”well and in good health”: Saudi crown prince
Saudi Crown Prince Salman said that King Abdullah was “well and in good health”, more than 10 days after the monarch, believed to be in his late 80s, underwent an 11-hour back surgery.
Saudi Crown Prince Salman said that King Abdullah was “well and in good health”, more than 10 days after the monarch, believed to be in his late 80s, underwent an 11-hour back surgery.
12th November, 2012
Yemen’s main oil export pipeline shut after bombings
“Unknown assailants blew up the pipeline that carries crude oil to the main export terminal in the Red Sea in the middle of Sunday night, in the Damashka area of Wadi Abidah,” a source in the area told Reuters.
“Unknown assailants blew up the pipeline that carries crude oil to the main export terminal in the Red Sea in the middle of Sunday night, in the Damashka area of Wadi Abidah,” a source in the area told Reuters.
1st November, 2012
Samsung wins $2.48 bn order to build UAE plants
Samsung will build a carbon black unit and a delayed coker unit in Ruwais, west of Abu Dhabi, by January 2016.
Samsung will build a carbon black unit and a delayed coker unit in Ruwais, west of Abu Dhabi, by January 2016.
25th October, 2012
China lowers guard towards nuke ban
China committed to building up nuclear power to help reduce coal emissions and its reliance on oil imports.
China committed to building up nuclear power to help reduce coal emissions and its reliance on oil imports.
22nd October, 2012
India’s coal demand
With oil and gas output disappointing and hydropower at full throttle, Asia’s third-largest economy still relies on coal for most of its vast energy needs.…
With oil and gas output disappointing and hydropower at full throttle, Asia’s third-largest economy still relies on coal for most of its vast energy needs.…
12th October, 2012
Official: US blames Iran hackers for cyberattacks
American authorities firmly believe that Iranian hackers, likely supported by the Tehran government, were responsible for recent cyber attacks against oil and gas companies in the Persian Gulf.
American authorities firmly believe that Iranian hackers, likely supported by the Tehran government, were responsible for recent cyber attacks against oil and gas companies in the Persian Gulf.
8th October, 2012
Celebrations as Chavez wins
Venezuelan President Hugo Chavez shrugged off cancer and a unified opposition to triumph yet again at the ballot box and claim another six-year mandate to pursue his oil-funded socialist revolution.
Venezuelan President Hugo Chavez shrugged off cancer and a unified opposition to triumph yet again at the ballot box and claim another six-year mandate to pursue his oil-funded socialist revolution.
8th September, 2012
Dollar falls on US jobs; Spain yields slip on ECB
The US dollar sank and gold prices jumped to a six-month high as anemic US jobs growth fueled investor bets on another round of stimulus.
The US dollar sank and gold prices jumped to a six-month high as anemic US jobs growth fueled investor bets on another round of stimulus.
5th September, 2012
Oil tanker freed after hijack in Nigeria waters
A Nigerian naval ship freed an oil tanker on Wednesday that had been hijacked near its biggest city Lagos, the navy and the managers of the vessel said.
A Nigerian naval ship freed an oil tanker on Wednesday that had been hijacked near its biggest city Lagos, the navy and the managers of the vessel said.
31st August, 2012
Brent up, choppy, as US crude falls after hurricane
Brent crude prices rose in choppy trading on Thursday, supported by supply concerns and geopolitical tensions.
Brent crude prices rose in choppy trading on Thursday, supported by supply concerns and geopolitical tensions.
29th August, 2012
Oil lower as offshore damage from Isaac seen limited
Brent crude prices edged lower on expectations that damage from Hurricane Isaac to oil production will be limited.
Brent crude prices edged lower on expectations that damage from Hurricane Isaac to oil production will be limited.
25th August, 2012
World oil supply tightens in last 2 months: EIA
Global spare oil inventories tightened over the last two months, said a report by the US government's Energy Information Administration on Friday.
Global spare oil inventories tightened over the last two months, said a report by the US government's Energy Information Administration on Friday.
19th August, 2012
Iraq helping Iran skirt sanctions: NYT report
Iraqi Prime Minister Nouri al-Maliki effectively controls Iraq's central bank and is “right in the middle of this,” a former US intelligence official told the newspaper.
Iraqi Prime Minister Nouri al-Maliki effectively controls Iraq's central bank and is “right in the middle of this,” a former US intelligence official told the newspaper.
13th August, 2012
Russia says new US sanctions on Iran could affect ties
Russia sharply criticised new US sanctions against Iran, saying the measures would harm Moscow's ties with Washington if Russian firms are affected.
Russia sharply criticised new US sanctions against Iran, saying the measures would harm Moscow's ties with Washington if Russian firms are affected.
