FM Bilawal Bhutto pays an official visit to Moscow
The Foreign Minister, Bilawal Bhutto has reached Russia on his two-day official visit to discuss bilateral trade between the two countries.
Russia warns Germany to not confiscate its assets
Russia warns Germany to not confiscate its assets and their subsequent transfer to Ukraine may create a dangerous precedent in international law, Vyacheslav Volodin, the speaker of the State Duma, Russia’s lower house of parliament, has claimed.
Türkiye announces huge natural gas reserves in Black sea
Türkiye’s natural gas reserves in the Black Sea now total 710 billion cubic meters, with a market value of $1 trillion, President Recep Tayyip Erdogan announced after a new deposit was discovered and a previous find was revised higher.
Vladimir Putin bans oil sales to ‘price cap’ states
President Vladimir Putin has signed a decree on retaliatory measures to the West’s price cap on Russian oil exports.
Russian Deputy Prime Minister says, Moscow is ready to resume gas supplies to Europe
Moscow is ready to resume gas supplies to Europe through the Yamal-Europe Pipeline, Russian Deputy Prime Minister Alexander Novak told state TASS news agency.
PM Shehbaz stresses connectivity with CARs in meeting with Tajik President
During a joint press stakeout with President of Tajikistan Emamoli Rahmon on Wednesday, Prime Minister Muhammad Shehbaz Sharif said that Pakistan wanted the establishment of energy, rail and road connectivity with CARs.
US researchers achieved landmark breakthrough in nuclear fusion technology
US researchers announced a historic nuclear fusion breakthrough on Tuesday, hailing a "landmark achievement" in the quest for a source of unlimited, clean power and an end to reliance on fossil fuel.
Oil prices dropped to two-month lows
Oil prices dropped to near two-month lows on Monday, sliding around $1 a barrel, as supply fears receded while concerns over fuel demand from China and U.S. dollar strength weighed on prices.
US imposed sanctions on Chinese companies associated with Iranian Oil trade
The United States on Thursday imposed sanctions on over a dozen companies based in China, Hong Kong and the United Arab Emirates that Washington accused of facilitating the sale of Iranian petrochemicals and petroleum products to buyers in East Asia.
Europe needs its industrial companies to save energy
Europe needs its industrial companies to save energy amid soaring costs and shrinking supplies, and they are delivering - demand for natural gas and electricity both fell in the past quarter.
US may sell oil from strategic petroleum reserve
The Biden administration plans to sell oil from the Strategic Petroleum Reserve in a bid to dampen fuel prices before next month's congressional elections
Energy crisis set to worsen
The inability of Pakistan to procure LNG will result in worsening of the energy crisis in the country.