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Report on offshore drilling near Karachi to be released after March 15: adviser

A group of multinational companies had started offshore drilling at a distance of 230 kilometers from Karachi for exploration of oil and gas on Jan 14.

NAB unearths more offshore properties of Aleem Khan

'He generated as many as 28 million dirham through trading of the 12 traced properties in 2006 to 2017, but never disclosed the same in his assets’ details'

World needs new offshore oil investments to avoid shortages

HOUSTON: Higher investments in offshore oil production are critical to avoiding a supply squeeze by 2020, as expanding shale output will not match projected...

Dutch open ‘world’s largest offshore’ wind farm

THE HAGUE: Dutch officials on Monday opened what is being billed as one of the world’s largest offshore wind farms, with 150 turbines spinning...

Apple, Microsoft, other US firms hiding $1.6 trillion in offshore tax havens: Oxfam

WASHINGTON: The 50 largest US companies, including Apple, Microsoft and Wal-Mart, are parking about $1.6 trillion in offshore tax havens to reduce their US...

No serving or retired judge can probe Sharif’s offshore wealth: Aitzaz

ISLAMABAD: Pakistan People's Party (PPP) Senator Aitzaz Ahsan says only international banking experts can probe the revelations of Sharif family offshore wealth, ARY News reported.

British PM Cameron releases tax records after Panama storm

LONDON: British Prime Minister David Cameron on Sunday released his tax details in a bid to head off a row over his father's offshore business, and announced a new taskforce to scrutinise the so-called Panama Papers.

PM Nawaz Sharif’s family hit back after Panama Papers leak

ISLAMABAD: The family of Prime Minister Nawaz Sharif Monday defended their ownership of offshore companies after they were named in the Panama Papers, one of the biggest media leaks in history.
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