Category: Highlights

It seems that Tesla is planning to expand not only in the market in India but also in other countries in Asia. Pakistani Prime Minister Imran Khan will meet with the company executives to discuss investment opportunities in the Pakistani electric vehicle market. In an effort to expand its presence in the global market, Tesla has begun negotiations with the government of Pakistan on entering the country’s market. Famous Pakistani TV presenter, journalist, and columnist Sabir Shakir shared this information in his YouTube video. Shakir says one of Pakistan’s most influential businessmen and…

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SINGAPORE: Pakistan LNG is seeking a liquefied natural gas (LNG) cargo for delivery in April, a tender document posted on the company website showed on Tuesday. It is seeking the cargo on a delivered ex-ship (DES) basis for delivery into Port Qasim, Karachi over April 9 to 10, according to the document.

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LAHORE: The Pakistan Electric Power Company (PEPCO) has constituted a four-member committee to prepare a brief on financial, technical and commercial highlights of the distribution companies (DISCOs) for privatization purposes. A copy of the office order issued in line with the cabinet committee on privatization (CCOP) decision on privatization of DISCOs is available with Business Recorder which points out that the committee has been constituted on the letter both from the ministry of energy (power division) and Privatization Commission’s office of the ministry of privatization. The committee consists of Saghir…

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LONDON – Global emissions of the potent greenhouse gas methane from oil and gas production dropped 10% in 2020 mainly because of lower output as opposed to concerted climate action, a report by the International Energy Agency (IEA) found. Methane has more than 80 times the warming potential of carbon dioxide in its first 20 years in the atmosphere and is liable to leak from oil and gas infrastructure, such as pipelines. Other industries, including agriculture, are also big methane emitters. Last year, oil and gas operations emitted over 70…

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PESHAWAR – Pakistan’s US and France based real estate assets are at risk of confiscation as a United Kingdom court moves to enforce an arbitration tribunal decree that fined it US$5.9 billion for retracting a 28-year old gold exploration contract with foreign mining companies. This month, a British Virgin Islands’ court-ordered to establish a value on the Roosevelt Hotel in New York and the Scribe Hotel in Paris as part of an attachment process of the properties owned by Pakistan International Airlines Investment Ltd (PIAIL), a state-run company officially registered…

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