Tag: regulatory environment

Shell Petroleum, one of the world's largest oil and gas companies, has announced plans to roll back its operations in Pakistan. The company has been operating in Pakistan for over 50 years but has faced increasing challenges in recent years. Including security concerns, political instability, and a challenging regulatory environment. Shell Petroleum's decision to roll back its operations in Pakistan is a significant blow to the country's economy. The company employs over 3,000 people in Pakistan, and its operations contribute billions of dollars to the country's GDP. Shell's departure is likely to lead to job losses and a decline in economic activity. The reasons for Shell's decision to leave Pakistan are complex. The company has cited security concerns, political instability, and a...