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Government Proposes New Policy to Fast Track $6 Billion Refinery Upgrades MiniMax raises $2 billion for AI infrastructure despite stock slide Tencent seeks control of Manus following Meta deal block Aker sees strong growth in quartz shipments China sets 2030 target for 30% NEV adoption TSMC June 2026 revenue jumps 68% driven by AI demand Cruz Hewitt aims for Australian Open after Wimbledon boys’ final loss Intel developing dual-side power for 1.4nm process Soybean and Corn Prices Soar as Oil Costs Increase Karachi Mayor Restores 35-Year-Old Water Pumping Station Pakistan to Negotiate with Netflix for Local Content Expansion Tarbela 5 Extension Hydropower Project Costs Skyrocket After Cofferdam Collapse Australian shares remain stable amid Gulf tensions Refugee Council warns of over 16,000 separated families in UK Punjab University Director Blocks Inquiry into Chickens in Engineering Department TSMC Reports Record Revenue on AI Demand Heatwave and Water Shortages Threaten Pakistan’s Cotton Industry Ukraine allies meet in Paris to boost defence aid Heretic Secures World Sales Rights for Denis Côté’s ‘Nobody’s Violence’PSX experiences sharp decline amid Middle East tensions and oil prices surge Government Proposes New Policy to Fast Track $6 Billion Refinery Upgrades MiniMax raises $2 billion for AI infrastructure despite stock slide Tencent seeks control of Manus following Meta deal block Aker sees strong growth in quartz shipments China sets 2030 target for 30% NEV adoption TSMC June 2026 revenue jumps 68% driven by AI demand Cruz Hewitt aims for Australian Open after Wimbledon boys’ final loss Intel developing dual-side power for 1.4nm process Soybean and Corn Prices Soar as Oil Costs Increase Karachi Mayor Restores 35-Year-Old Water Pumping Station Pakistan to Negotiate with Netflix for Local Content Expansion Tarbela 5 Extension Hydropower Project Costs Skyrocket After Cofferdam Collapse Australian shares remain stable amid Gulf tensions Refugee Council warns of over 16,000 separated families in UK Punjab University Director Blocks Inquiry into Chickens in Engineering Department TSMC Reports Record Revenue on AI Demand Heatwave and Water Shortages Threaten Pakistan’s Cotton Industry Ukraine allies meet in Paris to boost defence aid Heretic Secures World Sales Rights for Denis Côté’s ‘Nobody’s Violence’PSX experiences sharp decline amid Middle East tensions and oil prices surge

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SIFC proposes revised refining policy to attract $6bn investment

SunNews Desk · 13/07/2026 · 13/07/2026

The Sustainable Industrial Framework Council (SIFC) has proposed a new policy that would allow refineries to avoid penalties for missing an October deadline, aiming to attract $6 billion in investment.