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US welcomes upgrade in Moody’s credit outlook for Pakistan

United States Principal Deputy Assistant Secretary for South and Central Asian Affairs Alice Wells on Wednesday welcomed the improvement in Pakistan’s outlook by credit rating agency Moody’s. Wells, in a tweet...

Cyprus signs $9 billion gas deal with energy majors

NICOSIA: Cyprus announced Thursday it had signed its first natural gas exploitation deal worth $9.3 billion with a consortium comprised of industry giant Shell, US-based Noble and Israel´s Delek. “Noble Energy...

Saudi Aramco to Supply Agreed Volumes to Reliance in October

Indian company said on Monday, Saudi Aramco will supply agreed grades and volumes to Reliance Industries in India in October after the world’s largest oil exporter was required to supply a heavier grader due to drone...