N-S pipeline project to help enhance Pak-Russia ties: minister
ISLAMABAD: A Russian delegation on Tuesday called on Energy Minister Omar Ayub Khan and Prime Minister's Special Assistant on Petroleum Nadeem Babar to...
Govt may approve up to 214pc hike in gas prices
ISLAMABAD: The Petroleum Division on Monday sought the federal cabinet’s Economic Coordination Committee’s (ECC) approval for a 192 per cent hike in...
Gas crisis in Sindh, Balochistan to end soon, Senate body told
ISLAMABAD: The Senate's Standing Committee on Petroleum was informed on Monday that the ongoing gas crisis in the country, particularly in the...
Senate passes Regulation of Generation, Transmission and Distribution Bill 2019
ISLAMABAD: The Senate on Monday passed the Regulation of Generation, Transmission and Distribution of Electric Power (Amendment) Bill, 2019, unanimously.
Leader of the...
Badin gas production likely to commence without fixed price mechanism
ISLAMABAD: The Petroleum Division and the Directorate General Petroleum Concession (DGPC) have been allegedly ‘pressuring’ an Exploration and Production (E&P) company for...
US allows Chevron to continue Venezuelan operations till April 22
CARACAS: The US Treasury Department on Saturday renewed a license allowing Chevron, the last US energy company operating in Venezuela, to continue...
NEPRA’s annual report: DISCOs cause Rs123bn loss in FY19
ISLAMABAD: Due to inefficiency, poor recovery through electricity bills and transmission and dispatch (T&D) losses, the country’s power distributing companies (DISCOs) caused...
DGPC’s ‘incompetence’ causes $50m loss to national exchequer
DGPC delays signing of agreement with an exploration and production company for six months, leading to Pakistan becoming increasingly reliant on imported gas
‘Saudi company likely to invest $4bn in Pakistan’s renewable energy sector’
ISLAMABAD: Power Division Minister Omar Ayub Khan on Monday informed the National Assembly (NA) that Saudi Arabian power producing company ACWA Power...
Punjab Green Development Programme ‘moderately unsatisfactory’: WB
ISLAMABAD: The World Bank has downgraded the $200-million Punjab Green Development Programme to "moderately unsatisfactory" as Punjab Chief Minister Usman Buzdar-led government...
Govt to accelerate work on CPEC projects in 2020
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar has said that the pace of projects under the China Pakistan...
Showroom of Pakistan’s first electric car company inaugurated in Lahore
LAHORE: Pakistan in collaboration with China recently introduced the first-ever electric car company, Topsun Motors, in Lahore.
Punjab Minister for Housing, Urban Development...
Chinese Consul General inaugurates LPG terminal in Gwadar
QUETTA: Chinese Consul General in Karachi Li Bijiann inaugurated the first liquefied petroleum gas (LPG) Terminal in the port city of Gwadar the...
NEPRA approves Rs1.56 per unit hike in power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved Rs1.56 per unit increase in the power price on account of fuel...
Govt to further burden power consumers under IMF programme
--Govt to introduce 'new surcharges' in a bid to reduce circular debt
--NEPRA Act will be amended to eliminate delays in tariff adjustments
ISLAMABAD:...
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EDB, NTC consult steel industry for tariff rationalisation
ISLAMABAD: As anomalies in the existing tariff regime are badly affecting the steel industry, the Engineering Development Board (EDB) and the National Tariff Commission...
