Talks under way to import Russian oil: minister ISLAMABAD: Pakistan and Russia are actively negotiating the structure of a deal for the import of Russian oil by... Published 05 Dec, 2024 06:47am
Print Cheap Russian oil: Musadik claims private sector made hefty profits ISLAMABAD: Minister for Petroleum, Dr. Musadik Masood Malik has reportedly accused private sector of earning huge... Updated 02 Aug, 2024 09:54am
Print Pakistan’s imports of Russian crude face port, refinery, currency constraints KARACHI: Pakistan is unlikely to meet a target for Russian crude to make up two-thirds of its oil imports, despite... Updated 01 Aug, 2023 08:56am
Business & Finance Govt negotiating second cargo of discounted Russian crude ISLAMABAD: The State Minister for Petroleum, Dr Musadik Malik, on Wednesday said that talks with Russia are... Updated 13 Jul, 2023 09:11am
Print Construction of bonded warehouses: Policy introduced to facilitate foreign oil firms LAHORE: Minister of State for Petroleum Dr Musadik Malik said on Wednesday that government had introduced a new... Updated 29 Jun, 2023 03:21pm
Pakistan ‘Same discount as for others’: Russian minister says Pakistan not receiving ‘special’ rate Energy minister Nikolai Shulginov also says Russia agreed payment would be made in currencies of friendly countries Updated 17 Jun, 2023 10:07pm
World US, Iran in talks to cool tensions with a mutual ‘understanding’ DUBAI/PARIS: The United States is holding talks with Iran to sketch out steps that could limit the Iranian nuclear... Published 16 Jun, 2023 10:12am
Print FO defends procurement of crude oil from Russia ISLAMABAD: Foreign Office on Thursday defended Pakistan’s procurement of “affordable” crude oil from Russia as a... Updated 16 Jun, 2023 09:03am
Pakistan Paying for Russian oil in Chinese Yuan Pakistan’s own choice: US US State Department spokesperson Matthew Miller says price cap imposed on Russian oil by Washington and allies has driven down price Updated 14 Jun, 2023 12:26pm
Markets Russian agricultural exports to grow by at least 10% in 2023 Russia’s agricultural exports will grow by at least 10% this year, despite being barred from selling to “unfriendly... Published 14 Jun, 2023 09:34am
Business & Finance More crude oil will be imported from Russia: Musadik ISLAMABAD: Minister of State for Petroleum, Dr Musadik Malik on Tuesday said additional crude oil would be imported... Published 14 Jun, 2023 06:21am
World Russia launches ‘massive missile’ attack on Kryvyi Rih in central Ukraine KYIV: Russia launched a “massive missile” attack overnight on the central Ukrainian city of Kryvyi Rih, killing and... Published 13 Jun, 2023 09:43am
Business & Finance Payment made in Chinese currency: govt ISLAMABAD: Pakistan paid for its first government-to-government import of discounted Russian crude in Chinese... Published 13 Jun, 2023 06:00am
Pakistan Budget places emphasis on ‘growth-inducing’ sectors: PM Shehbaz Says procurement of crude oil from Russia is part of energy security plan Published 12 Jun, 2023 03:56pm
Markets Oil prices fall, US Fed rate decision in focus LONDON: Oil prices fell on Monday ahead of a U.S. Federal Reserve meeting as investors tried to gauge its appetite... Updated 12 Jun, 2023 05:50pm
Print First-ever crude-laden Russian ship arrives KARACHI/ISLAMABAD: The first-ever Russian oil ship carrying over 45,000 metric tons of crude has arrived at Karachi... Updated 12 Jun, 2023 08:41am
Print 0.1m tons of Russian oil to arrive in first week of June ISLAMABAD: The vessels carrying 100,000 tons of discounted Russian oil will arrive at Pakistan ports in the first... Updated 25 May, 2023 08:52am
Markets Pakistan-Russia oil deal: Countries to make own sovereign decisions, says US US State Dept spokesperson says Washington has never tried to keep Russian energy off the market Updated 26 Apr, 2023 04:28pm
World Western allies to meet as Ukraine urges more support RAMSTEIN AIR BASE/KYIV: The United States will host a meeting in Germany on Friday to discuss further support for... Published 21 Apr, 2023 11:42am
Print Russian oil: govt places single cargo order as test case ISLAMABAD: Pakistan has placed its first order for discounted Russian crude oil under a new commercial deal struck... Updated 21 Apr, 2023 08:51am
Markets Pakistan places first order for discounted Russian crude The deal will see Pakistan buy crude oil only, not refined fuels, says Musadik Malik Updated 20 Apr, 2023 04:41pm
Print Russia all set to discuss oil, LNG deals during IGC Islamabad and Moscow are already in close contact to import Russian wheat Updated 13 Jan, 2023 11:05am
Markets Analysts optimistic about prospects of Pakistan-Russia oil deal KARACHI: Pakistan may save around $1.0 billion annually or 6.0 percent of the total energy bill of $18 billion... Published 07 Dec, 2022 05:54am
Print Pakistan-Russia oil deal soon, says Dar ISLAMABAD: Finance Minister Ishaq Dar has listed the coalition government’s feats in resolving the oil-related... Updated 14 Nov, 2022 10:11am
