The IMF has granted Pakistan USD 1 billion in assistance after confirming the country met all conditions for the extended fund facility (EFF).

EQT will buy the upstream and midstream assets of Pennsylvania-based Olympus Energy for $1.8 billion, the US gas producer announced. The deal, expected to close in the third quarter, will be ...

The IMF agreed to support Pakistan with a total of $7 billion under the EFF programme. So far, it has given $2.1 billion in two separate instalments.