International Sovereign Energy, a Canadian company, signed an MoU with Oil and Gas Development Company Limited. The memorandum entailed further development of Toot Oil Fields. Pakistan was hit by one of its most devastating earthquakes which resulted in a vast damage to the infrastructural capital responsible for transmitting/transferring fuel. In the December of 2005, Karachi electric Supply Company, one of the largest vertically integrated power supply company in Pakistan was privatised.

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Authority of SC may be extended to a number of areas from which it has historically maintained a distance, said CJ.

Musharraf likely to travel to Karachi today

Sources said Musharraf's likely visit to Karachi is on account of security issues and to continue of his treatment.

Nation standing firm beside armed forces: PM

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