ADNOC Launches Ninth Spot Crude Tender Since June Amid Strait of Hormuz Disruptions

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ADNOC Launches Ninth Spot Crude Tender Since June Amid Strait of Hormuz Disruptions NEW DELHI/SINGAPORE: The Abu Dhabi National Oil Company (ADNOC) has launched its ninth spot crude tender since the beginning of June, offering Gulf-produced crude as the UAE state-owned oil giant seeks to move supplies from inside the Strait of Hormuz, according to trade sources. The latest tender includes Upper Zakum, Umm Lulu and Das crude, with cargoes available for loading in October and November. Bids are due by August 24 and will remain valid until August 26,…

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Google Commits $500,000 to Boost Digital Safety in Pakistan

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Google Commits $500,000 to Boost Digital Safety in Pakistan ISLAMABAD: Google has announced a $500,000 investment to strengthen digital safety in Pakistan, with a new initiative aimed at helping hundreds of thousands of families navigate online risks more safely and confidently. The funding, committed through Google.org, will support the “Digital Pasban” initiative, which aims to provide 200,000 households with Urdu-language digital safety toolkits, educational videos and parental workshops. The programme will work with local partners to equip children, young people and adults with the knowledge and tools needed to develop…

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‘Energy affordability key for export growth’

LAHORE: Affordable and reliable energy is essential for Pakistan’s industrial competitiveness and export growth, Lahore Chamber of Commerce and Industry (LCCI) President Faheemur Rehman Saigol said on Wednesday, as he welcomed the Cabinet Committee on Energy’s approval of the National Integrated Energy Plan 2027-2060. “Pakistan needs an energy policy that ensures reliability, affordability and predictability. Industry cannot compete internationally when energy costs remain high or supplies are uncertain,” Saigol said. The LCCI president termed the plan a positive and important step toward building a more efficient, affordable, reliable and sustainable…

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Unified energy

On Tuesday, Pakistan’s Cabinet Committee on Energy (CCoE) approved the high-level design of a National Integrated Energy Plan for 2027-2060. This approval marks the first major step toward preparing said plan, which is expected to provide Pakistan with a unified, cross-sectoral roadmap for its energy future. This will replace fragmented, sector-by-sector policymaking with an integrated approach aimed at optimising energy resources, infrastructure and investment while reducing duplication and the overall cost of energy. The four main pillars of the high-level design include energy, economics, equity and environment. The energy pillar…

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Pakistan seeks stable policies to unlock offshore exploration investment

August 20, 2026 (MLN): Pakistan is seeking consistent and predictable energy policies to attract major investment in upstream exploration, particularly offshore projects, Federal Minister for Petroleum Ali Pervaiz Malik said on Thursday. Addressing the Energy Conference 2026, the minister said Pakistan was reviving offshore exploration after two decades under the leadership of Prime Minister Shehbaz Sharif, with friendly countries, Mari Petroleum, Pakistan Petroleum Limited (PPL) and Oil and Gas Development Company Limited (OGDCL) participating in the initiative. He said investors undertaking high-risk exploration required policy consistency and medium-term visibility, particularly when…

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