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ExxonMobil sues Dutch government over gas field closure

US petroleum giant ExxonMobil has invoked the controversial Energy Charter Treaty in a potential multi-billion euro compensation claim – an apparent bid to pressure the Netherlands’ new right-wing government over the shuttering of Europe’s largest gas field in Groningen. ExxonMobil has…

New funding partnership with World Bank by Dec

ISLAMABAD: The World Bank is expected to provide over $2 billion annually to Pakistan for five years under its next Country Partnership Strategy (CPS), which will likely be finalised by December. This was indicated to journalists on Tuesday by a…

Ex-EXIM Bank chairman Nazrul placed on 7-day remand

A Dhaka court today placed former chairman of EXIM Bank Nazrul Islam Mazumder on a seven-day remand for interrogation in a case filed over the death of Emon Hossain Gazi in Dhaka’s Jatrabari area during the mass protests on August…

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