BUSINESS

  • OGDC Partners with France’s SNF for Water Injection Systems at Kunnar and Pasakhi Oil Fields

    ISLAMABAD (Feb 17)- Oil and Gas Development Company Limited (OGDC), Pakistan’s leading exploration and production company, on Tuesday signed a landmark contract with SNF S.A., a French specialty chemical company and world leader in polyacrylamide production, for the installation and operation of advanced Water Injection Systems (WIS) at its Kunnar and Pasakhi oil fields located…

  • POL prices may up from Feb 16, 2026

    ISLAMABAD (Feb 14)– Federal government is compelled to raise the prices of all petroleum products owing to increase in oil prices globally and transportation concern following US-Iran tension. According to an estimate, the rate of ex-depot price of petrol may rise up to Rs 7.05 per litre while still 2 days left for Oil and…

  • OMC’s sales reach 1.5mn tons in Jan 2026, up 10pc YoY & 12 pc MoM

    ISLAMABAD (Jan 3)- Oil Marketing Companies (OMC)’s sales reach 1.5mn tons in Jan 2026, up 10 percent on year to year (YoY) basis and 12 percent on month to month basis. This takes 7 months sale of current fiscal year 2026 sales to 9.7mn tons up 3 percent year to year basis. Ex-FO sales up…

  • Russia start reviving Pakistan Steel Mills in 2027

    ISLAMABAD (Feb 22) Pakistan and Russia have set a 2027 start date for the construction phase of the Pakistan Steel Mills revision and expansion project. Work on PSM will commence upon signing the EPC (Engineering, Procurement, Construction) contract with Russian side. In November 2025, the joint Pakistan-Russia Inter-Government Commission (IGC) had signed the second protocol…

  • Virtual Assets Regulatory Authority met DAMAC Group and PRYPCO on National Tokenisation

    ISLAMABAD (Jan 9) – The Pakistan Virtual Assets Regulatory Authority convened an important meeting with a high-level delegation from the United Arab Emirates to advance the national agenda on real-world asset tokenisation. The meeting was held at the Prime Minister’s Office and was attended by senior leadership from the UAE-based DAMAC Group and its DFSA-licensed…

  • Happy New Year from Pakistan Tennis Federation:

    11th Begum Kulsum Saifullah Khan National Ranking Tennis Championships-2025-26 The Pakistan Tennis Federation (PTF) is pleased to inform you that the 11th Begum Kulsum Saifullah Khan National Ranking Tennis Championships 2025 continued at PTF Tennis Complex, Islamabad. The championship is organised annually to commemorate the memory of late Begum Kulsum Saifullah Khan, mother of Senator Salim Saifullah…