Author: Admin

Trump’s Sweeping Tariffs Escalate Global Trade War

Admin
Donald-Trump

Former U.S. President Donald Trump has imposed a 10% tariff on most imports and significantly higher duties on numerous countries, further intensifying a global trade war that threatens economic stability. Announced in the *White House Rose Garden, the sweeping tariffs rattled financial markets and drew sharp criticism from world leaders. *Forbes reported that the U.S. has imposed a *29% reciprocal tariff on Pakistan, responding to Pakistan’s *58% tariff on U.S. goods. The move caused *Japan’s Nikkei to hit an eight-month low, while **U.S. and European stocks tumbled, erasing nearly *$5…

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Govt Set to Announce ‘Major Relief Package’ Today

Admin
Shahbaz-sharif2

The federal government is set to unveil a “major” relief package today (Thursday), as hinted by official social media posts from government representatives and high-ranking officials. On Wednesday, the government’s official X account teased “great news for the entire nation,” using the hashtag ‘Small Eid, Big Gift’, signaling a potential Eidul Fitr-related announcement. The ruling PML-N also confirmed that Prime Minister Shehbaz Sharif would make an important announcement, describing it as a “big gift” from the federal government to the people. Meanwhile, *Rana Sanaullah, the PM’s aide, suggested that the…

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25 Years of Germany’s Renewable Energy Act: A Global Milestone in Energy Transition

Admin
Renewable-energy

*April 1, 2025, Germany celebrates the *25th anniversary of the *Renewable Energy Sources Act (EEG)—a groundbreaking policy that has transformed the global energy landscape. Passed by the **Bundestag on February 25, 2000, the EEG marked a turning point for renewables, increasing their share in Germany’s electricity mix from *just under 5% in 2000 to over 60% today. Despite initial resistance from the *electricity industry, including legal challenges in **German and European courts, the EEG prevailed. The European Court of Justice confirmed its compliance with **EU competition law in 2001, paving…

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Mari Energies Announces Third Hydrocarbon Discovery at Spinwam-1 in Waziristan Block

Admin
New-Mari1

By the grace of Almighty Allah, Mari Energies Limited (formerly Mari Petroleum Company Limited) is pleased to announce a significant third gas/condensate discovery at the Spinwam-1 exploratory well in the Hangu Formation within the Waziristan Block, located in North Waziristan district, Khyber Pakhtunkhwa (KP) Province. This latest discovery follows the previous two hydrocarbon finds in the Samanasuk Formation and *Kawagarh Formation, announced on *February 25, 2025, and March 13, 2025, respectively. The well test in the Hangu Formation has yielded 23.85 MMSCFD of gas and approximately 122 barrels per day…

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Danish Company to launch training program for Hundred Pakistani Engineers during the Pakistan Minerals Investment Forum next month

Admin
Pakistan Minerals Investment

Islamabad, March 28,2025 Federal Minister for Petroleum, Ali Pervaiz Malik, held a meeting with His Excellency Jakob Linulf, the Ambassador of Denmark to Pakistan, today at the Petroleum Division. The discussions focused on enhancing bilateral cooperation in the energy sector, with special emphasis on mining sector and technological collaboration. The meeting highlighted the critical role of Danish expertise in Pakistan’s mining and mineral development sector. In particular, the contributions of FLSmidth, a global leader in sustainable mining technology and equipment, were recognized for their potential to modernize Pakistan’s mining operations.…

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