PPL drills 1.3 km-long horizontal well for tight gas

Karachi: Pakistan Petroleum Limited (PPL) has drilled and completed tight gas horizontal well Naushahro Feroz (NF) Hor-1, an official said here on Thursday. At total...

Power tariff for June may see reduction of Rs2.13 per unit

Islamabad: A petition for electricity tariff reduction has been filed with National Electric Power Regulatory Authority (NEPRA) by the Central Power Purchasing Agency-Guarantee (CPPA-G)...

PSO borrowings from banks surge to Rs130.5b

Islamabad: Pakistan State Oil’s (PSO) borrowing from banks has surged to Rs130.5b due to default of payments by Pakistan International Airlines (PIA) and power...

Wind power projects take priority over coal in Pakistan

Islamabad: Pakistan is beginning to reap the benefits of Chinese investment in renewable energy infrastructure, with the opening of the first wind power project...

PML-N lawmakers assure completion of 3600MW power projects

Lahore: Pakistan Muslim League-N (PML-N) lawmakers assured on Tuesday completion of 3,600 megawatt power projects in Jhang, Sheikhupura and Balloki within the current year. Member...

Multi-year tariff structure would be financially constraining says: K-Electric

Karachi: On the second day of the scheduled hearing by National Electric Power Regulatory Authority (Nepra) into K-Electric’s (KE) review motion, the company claimed...

Petroleum ministry contemplating floating tenders for building of oil pipeline

Islamabad: The tragic oil tanker incident which took place in Ahmedpur East last month has made the petroleum ministry to consider revamping the overall...

Pakistan to have surplus capacity of electricity by 2020

Karachi: According to official data available from K-Electric (KEL) and National Transmission and Despatch Company (NTDC), Pakistan will have excess supply of electricity projected...

SSGC assigned to construct Karachi-Nawabshah gas pipeline

Islamabad: Sui Southern Gas Company (SSGC) has been given the task of finishing the Karachi-Nawabshah gas pipeline by the government as the Russian company...

Pakistan could become world’s 5th largest importer of LNG by 2022

Islamabad: Pakistan says it could become one of the world's top-five buyers of liquefied natural gas (LNG), with Petroleum Minister Shahid Abbasi predicting imports...

Petroleum ministry suggests deregulation of diesel and petrol prices

Islamabad: Ministry of Petroleum is at loggerheads with the Oil and Gas Regulatory Authority (OGRA) and the Planning Commission over the deregulation of high-speed...

Ogra rebuffs Rs10m fine paid by Shell for oil tanker incident

Islamabad: Oil and Gas Regulatory Authority (OGRA) on Tuesday refused the Rs10m fine paid by Shell Pakistan on account of the Ahmed East tanker...

Government increases price of gas from Sui fields

Karachi: In order to support stakeholders, the government has decided to raise gas prices from Sui Gas field which would enable Sui Southern Gas...

Rumor’s impact solar power adoption in Pakistan

Islamabad: Mohammad Aslam has finally found a way to give his family relief from extended power cuts. In February this year he installed a...

Govt to impose additional surcharges on electricity consumers

Islamabad: In order to obtain a $300m loan facility from the Asian Development Bank (ADB), the government has succumbed to the demands of the...

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