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Finance & Markets

Petrol price cut by Rs 1.60, diesel’s up by Rs 1.64 a litre

The government on Thursday decreased the price of petrol by Rs 1.60 per litre, but raised that of high-speed diesel (HSD) by Rs 1.64. Following the revision, petrol will retail at Rs377.71 per litre while HSD will cost Rs391.75 per litre. The government continues to levy Rs 114 per litre in taxes and duties on […]

We haven't written up this one. Daily Times has the full story — the link below goes straight to it.

Read the original at dailytimes.com.pk →

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EU’s Arctic Strategy Excludes Oil and Gas

The European Union will shun crude oil and natural gas produced from fields in the Arctic, recommending that these “stay in the ground” under its new Arctic strategy released this week.

  • EU's Arctic strategy excludes oil and gas production and consumption.
  • Strategy focuses on security with Maritime Security Hub plans.
  • Norway remains EU's most significant Arctic presence due to oil and gas activities.

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