Category: Popular News

Wafi Energy Pakistan explores opportunities in oil marketing sector

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Wafi Energy

Wafi Energy Pakistan Limited, formerly Shell Pakistan Limited, announced that its board has authorised management to explore potential investment and acquisition opportunities in the country’s oil marketing sector. The listed OMC disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Friday. “At a meeting of the Board of Directors of Wafi Energy Pakistan Limited held at the registered office of the company on Thursday, 21 August, the Board has in-principal authorized the management to pursue potential investment/acquisition opportunities in the oil marketing sector, including for the…

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Pakistan and Bangladesh Explore Enhanced Cooperation in Energy and Mineral Sectors

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New-Project4

Islamabad, August 19,2025 Federal Minister for Petroleum, Mr. Ali Pervaiz Malik was called on by the High Commissioner of Bangladesh to Pakistan, His Excellency Mr. Md. Iqbal Hussain, at the Ministry of Petroleum. The discussions focused on strengthening bilateral cooperation in key sectors, including limestone, coal and petroleum products to foster mutual economic growth and energy security. Minister Ali Pervaiz highlighted Pakistan’s commitment to deepening ties with Bangladesh, stating, “Prime Minister Shehbaz Sharif is keen to support our brothers in Bangladesh and enhance cooperation in various sectors. Pakistan values its…

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Federal Minister Ali Pervaiz and US Charge d’Affaires Natalie A. Baker Discuss Enhanced US-Pakistan Cooperation in Oil, Gas, and Minerals

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New-Project3

ISLAMABAD, August 20,2025 Federal Minister for Petroleum Ali Pervaiz Malik, held a meeting with Her Excellency Ms. Natalie A. Baker, the US Charge d’Affaires to Pakistan, at the Ministry of Petroleum. The high-level discussion focused on strengthening bilateral cooperation between the United States and Pakistan in the energy sector, with particular emphasis on oil, gas, and minerals sector. Charge d’Affaires Natalie A. Baker highlighted the significant opportunities for American investment in Pakistan’s energy landscape. “There is a strong and growing interest from US companies in Pakistan’s Oil, Gas, and Minerals…

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PM Shehbaz’s China visit to mark formal launch of CPEC-II

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New-Project2

ISLAMABAD: The government on Tuesday announced that Prime Minister Shehbaz Sharif’s upcoming visit to China later this month will mark the formal launch of the second phase of the China­-Pakistan Economic Corr­idor (CPEC-II), focused on industrial cooperation, after a delay of about five years.“Prime minister’s upcoming visit will mark the formal launch of CPEC Phase-II, with both sides expected to set clear priorities and agree on tangible, measurable outcomes,” said an official announcement quoting Planning Minister Ahsan Iqbal, focal person on the multi-billion-dollar bilateral initiative, as saying at a high-level…

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Pakistan Plays Its Trump Card in Global Minerals Race

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Reko-Diq

ISLAMABAD: Pakistan is positioning itself as a key player in the global minerals race, eyeing lucrative deals with major powers including the United States and China. With mineral reserves estimated at $8 trillion, Islamabad is seeking strategic partnerships to unlock its vast potential in copper, gold, rare earths and other resources. The US administration has shown growing interest in Pakistan’s minerals sector, aligning with Washington’s recent push to secure rare earths worldwide. A minerals conference hosted in Islamabad earlier this year drew interest from global investors, with both Beijing and…

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