Trump says US reaches oil development deal with Pakistan Investing.com -- U.S. President Donald Trump announced Wednesday that his administration has reached an agreement with Pakistan to jointly develop the South Asian nation’s oil reserves. "We have just concluded a Deal with the Country of Pakistan, whereby Pakistan and the United States will work together on developing their massive Oil Reserves," Trump wrote on social media. The president added that his administration is "in the process of choosing the Oil Company that will lead this Partnership," though he did not provide additional details about the agreement. The Pakistani embassy in Washington had no immediate comment on the announcement. The oil development deal comes shortly after Pakistani Foreign Minister Ishaq Dar indicated last week that the United States and Pakistan were "very close" to a trade deal that could be finalized within days. Dar made these comments following a meeting with Secretary of State Marco Rubio on Friday. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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TotalEnergies wants more talks with Namibia before major oil development TotalEnergies, the global energy giant sitting on the potentially transformative Venus oil discovery offshore Namibia, has signalled that significant further talks with the newly inaugurated Namibian government are essential before it can commit to developing the project. While acknowledging the government’s ambitious target of first oil before 2030, CEO Patrick

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