new york - US oil stocks reached a new three-decade high and pressed crude prices lower Wednesday, as US oil production continued to surge while domestic demand remained anemic.US commercial stocks stood at 395.3 million barrels for the week ended April 26, the highest weekly inventory figure since ...

MOSCOW Egypt, struggling to meet domestic energy demand, has asked Russia to help it fulfil its gas supply contracts with Europe, Russia's Energy Minister was quoted as saying on Saturday.He also said Egypt had offered some Russian companies, including Gazprom, Gazprom Neft, Lukoil and Novatek, ...

QUETTA  - Hundreds of earthquake victims on Friday took out a rally and staged demonstration in Mashkail tehsil of Washuk district against non-provision of daily-use items and blaming the government for failing to provide adequate relief.The protesters took out the rally at Mashkail Bazaar ...

Pakistan and the United States Tuesday signed a Memorandum of Understanding (MoU) to regularize the arrangements for the NATO supplies, which are currently based on "verbal understanding." The MoU was signed at the Ministry of Defense by US Charged' Affaires Ambassador Richard Hoagland and ...

ISLAMABAD - Prime Minister Raja Pervez Ashraf has said that Pakistan took the decision of reopening ground lines of communication (GLOCs) for NATO supplies in the interest of regional peace and stability in accord with national interests. "Pakistan is ready to facilitate the transition process in ...

Pakistan has said that decision to reopen Nato supply routes has been taken in the national interest and “new arrangement” have been made in this regard. During a media briefing on Thursday, Foreign Office Spokesman Muazzim Ahmed Khan told that transportation of lethal weapons through ...

A pair of trucks carrying NATO supplies crossed into Afghanistan on Thursday, Pakistani customs officials said, the first time in more than seven months that Pakistan has allowed Western nations to use its roads to supply troops in Afghanistan.Customs officials said the container trucks had passed ...

Hundreds of containers and oil tankers have reached Karachi and arrival of others continued after reports of possibility of resumption of NATO supplies in the next few days.Yousuf Shehwani, Chairman of All Pakistan Tankers Association, claimed that the Interior Ministry has instructed them to ...

Pakistan Muslim League (PML-N) chief Mian Nawaz Sharif has said that his party would oppose and resist the resumption of NATO supplies bypassing the recommendations of the parliament.In an interview with a private TV channel Wednesday, Nawaz Sharif said that US has not offered apology over Salala ...

Prime Minister Syed Yousuf Raza Gilani Sunday said that parliament would take final decision regarding reopening of NATO supply line to Afghanistan through Pakistan.Talking to media at Chaklala airbase before leaving for Seoul, South Korea, to take part in nuclear security conference, Prime ...

The civilian and military leadership has agreed in principle to revive normal relations with US-led forces in Afghanistan and restore Nato supplies through its land. Senior US officials in Washington also say they have been informed by Pakistani authorities that a high-level meeting in Islamabad on ...

WASHINGTON – The Pentagon said Thursday that the air supply routes for Nato forces in Afghanistan were never closed by Pakistan. Pentagon Press Secretary George Little during a briefing said “only ground lines of communications were closed following the November 26 incident” ...

There are reports of the Nato supply route being opened from Pakistan’s side this month. Americans have been giving the impression that this halting of Nato containers from Pakistan was not impacting its supply or affecting the cost that is much cheaper than the Northern Distribution Network ...

ISLAMABAD - Difa-i-Pakistan Council (Pakistan Defence Council), an umbrella of right wing entities and personalities, Saturday strongly rejected the possible recommendations of the Parliamentary Committee on National Security (PCNS) to redefine terms of engagement with US, showing fear that this ...

WASHINGTONThe US military is working around a Pakistani government border blockade by shipping small amounts of some supplies for the Afghan war through alternate countries, US defense officials said Tuesday. The supplies for US troops in Afghanistan are items that would have been sent through ...

CHAMAN (INP) - Supplies to Nato forces remained suspended on the 10th day after the allied forces attack in Mohmand Agency, which left two dozen soldiers killed. Hundreds of trucks with goods and fuel tankers were stranded at the Chaman border. Trucks and containers have been queued up on the road ...

LAHORE Chairman Pakistan Tehreek-e-Insaaf Imran Khan has threatened to obstruct the NATO supplies if the rulers failed to stop the drone strikes in the tribal areas. Addressing a mammoth rally at Qartaba Chowk on Friday, he said the PTI would stage a sit-in for three days on the route of NATO ...

ISLAMABAD- Despite a heavy payment pending of Rs 900 million and dishonoring of cheques, the cash strapped Pakistan State Oil (PSO) has continued diesel supply to run the system of ever sinking Pakistan Railways (PR), The Nation reliably learned. Spokesman of PSO while talking to The Nation ...

LAHORE The Punjab Highway Patrol (PHP) distributed food items worth over Rs 12 million in flood affected areas. According to an official communiqu issued here Sunday, DIG Sohail Khan supervised personally all the distribution operation in DG Khan, Rajanpur and Muzaffargarh districts. The succour ...

MOSCOW/KIEV (AFP) - Russian state energy giant Gazprom on Wednesday halted all supplies of natural gas bound for Europe through Ukraine, equivalent to around a fifth of the European Union's total gas consumption. Gazprom said in a statement that it had been forced to act because Ukraine was ...

PESHAWAR - The transporters have halted every kind of supplies to Afghanistan due to frequent attacks on the trucks and containers carrying goods to Afghanistan and other adjoining areas. "Supplies to Afghanistan via Khyber Pass have been stopped due to insecurity," remarked President Transporters ...

LAHORE - The 'Pak-Saudi Investors Conference' is being held in Riyadh next month, as Saudi Arabia is contemplating to invest in Pakistan's agriculture sector in an effort to ensure adequate food supplies especially rice. Sources in the Ministry of Food, Agriculture and Livestock (Minfal) on ...

 PARIS (AFP) - Fighting in Georgia threatens a strategic energy hub, the IEA warned on Tuesday, shortly before Georgia said Russia had attacked a pipeline normally carrying up to a million barrels of oil a day westwards. The International Energy Agency said that events in Georgia ...

LAHORE - LPG supplies to all parts of the country including Lahore will be ensured in full and at reasonable prices, said LPG Association Chairman Iqbal Z Ahmad after an emergent meeting of the Association held here on Wednesday. He also announced to extend all out support to the government with ...