The Fijian Competition and Consumer Commission (FCCC) claims there will be no cement shortage in Fiji despite the temporary suspension of production at Pacific Cement Pte Ltd . Sanikavika Jiuta...

Raysut Cement has ordered a waste heat recovery (WHR) plant from Sonoma Overseas Development Co (SODC) for the Salalah cement plant. The announcement was made recently by Raysut Cement’s CEO,...

Holcim reported stable net sales of CHF5544m (US$6674m) in the 1Q25, compared to US$5586m in the 1Q24, down 0.8 per cent. In the 1Q25 net sales of Holcim’s low-carbon ECOPact concrete accounted...

In its unaudited financial results for the 9MFY24-25, Pakistan-based Gharibwal Cement Ltd has reported a 9.7 per cent increase in net sales to PKR14.77bn (US$52.5m) from PKR13.458bn in the year...

ISLAMABAD – India reportedly planned military action after Pahalgam attack, further escalating tensions with nuclear armed Pakistan. Amid soaring tensions, there are reports of deployment of SH-15 self-propelled howitzers near the Line of Control (LoC). As…

ISLAMABAD – Global crude oil witnessed negative trajectory last week as prices moved down around 3 percent, prompting Pakistanis to expect relief in the upcoming fortnight review. Globally, Brent crude hovers around $66.60 per barrel, and US West Texas Intermediate…

ISLAMABAD – The National Electric Power Regulatory Authority (NEPRA) is likely to reduce power tariff on account of the monthly and quarterly adjustments. According to a private TV channel, under the March monthly adjustment, The electricity prices is expected…

Chinese coal producers and oil refiners are experiencing reduced profits due to oversupply and weak demand, a situation exacerbated by the U.S.-China trade war.

Analyst says initial bull run supported by strong corporate results, however investors remain cautious due to "heightened tensions" between Pakistan, India.

KARACHI, Apr 28 (APP):Two ships, Andreas-K and AB Olivia scheduled to load/offload Rice and Palm oil, berthed at Multi-Purpose Terminal and Liquid Cargo

ISLAMABAD, Apr 28 (APP):Pakistan’s exports to the seven regional countries increased by 3.16 per cent in the first nine months of the current fiscal year

ISLAMABAD, Apr 28 (APP):President, Federation Pakistan Chamber of Commerce and Industry (FPCCI) on Monday said that United States is Pakistan's largest

Kazakhstan has been a constant overproducer within the OPEC+ group, and its compliance level has deteriorated with the start of the Tengiz oil field. The oil field generates substantial tax revenues for the country, and the largest Kazakh oil fields are run…

Oil prices inched higher on Monday though remained dogged by uncertainty over trade talks between the U.S. and China, clouding the outlook for global growth and fuel demand, while the prospect of OPEC+ raising supply cast more gloom.

Producers are preparing for potential further declines, with investment in the US Lower 48 tight oil sector particularly responsive. If prices plummet to US$50/bbl, up to 1.2 million barrels per day could be at risk by 2026. Wood Mackenzie’s report, “Is oil…