ENERGY

Tokyo: Asian shares wavered on Tuesday, bolstered by record highs on Wall Street but hobbled by uncertainty as traders waited on a Federal Reserve...

Islamabad: A local newspaper reported that $900m Asian Development Bank (ADB) funding approved for Pakistan has been affected by bureaucratic hurdles and complex procedural...

ISLAMABAD Despite tall claims of good governance by Pakistan Muslim League-Nawaz (PML-N) government, the menace of circular debt has resurfaced once again to an alarming...

Karachi: National Electric Power Regulatory Authority (NEPRA) has accepted the application of China Communications Construction Company Limited (CCCC) for setting up a 300 megawatt...

Islamabad: Gasoline consumption went up during last financial year 2016-17, according to a senior finance ministry official reported a local newspaper. The official attributed this rise...

New York: Brent oil prices held near five-month highs on Friday, and were on track for the biggest weekly gain since late July, on...

Islamabad: Sui Northern Gas Pipelines Ltd (SNGPL) has shunned KPMG Taseer Hadi and Co’s report pertaining to unaccounted for gas (UFG) losses reported a...

Islamabad: A local newspaper reported that falling stocks of POL products could lead to a shortage over the next few days. All POL stocks are in...

ISLAMABAD Prime Minister Shahid Khaqan Abbasi Friday directed Ministry of Power and the heads of the power distribution companies (DISCOs) to come up with a...

Karachi: In a notification sent to the bourse on Friday, Oil and Gas Development Company Ltd announced its results for the financial year 2016-17,...

Karachi: In a notification sent to the bourse on Friday, Pakistan Petroleum Limited (PPL) announced its results for the financial year 2016-17 ended 30th...

 Islamabad: Senators on Wednesday questioned the salary, allowances and perks being  enjoyed by Pakistan State Oil (PSO) Managing Director Imranul Haque. During the question hour,...

Karachi: Consultant KPMG Taseer Hadi and Co hired by Oil and Gas Regulatory Authority to provide independent advice for the proposed breakup of SNGPL...

KARACHI Spurred on by the Gas Theft Control and Recovery Act 2016, passed by the current National Assembly, SSGC has intensified its efforts to control...

ISLAMABAD The federal government has finalised a plan to end electricity crisis prior to next general elections in the country by rationalising the power tariff...