Another request of the sugar industry to permit state-owned Trading Corporation of Pakistan (TCP) to procure 20,000 tons of sugar from the millers was also rejected by the government
On news of SEP’s delegation meeting with the PM, led to a surge in selling and buying of K-Electric shares and it ended Friday as the market volume leader with 13.90 million shares traded
Turkmengaz was nominated as consortium leader in August 2015 with 85% shareholding and Pakistan, India and Afghanistan having 5% shares each
After the court ruling, Karkey visited Germany, US and UK to get the verdict enforced against Pakistan and this puts the country's foreign assets at risk of being taken over as security to enforce the court's verdict and pay the damages to the Turkish company
PLL has also called tenders for supply of additional LNG cargo's to the country during January and February 2019, said sources
Oil markets moved from backwardation in October into contango from November due to an emerging glut & LNG markets are also clotted, with several tankers storing the fuel sitting off the region’s energy trading hub of Singapore
VIENNA: Iran appears to be the main obstacle for an OPEC oil output deal on Friday as the group’s leader Saudi Arabia has yet...
GE is setting aside $480 million to repair its 9HA, 7HA and 9FB model turbines as it restructures its power business
Oil and Gas Regulatory Authority had given permission to gas companies to issue 0.3 million gas connections for the current years against the demand of 0.6 million
Japan’s benchmark Nikkei 225 added 0.1 percent to 21,524.02, and Australia’s S&P/ASX 200 gained 0.5 percent to 5,685.50 in early trading
Oil producers have been hit by a 30 percent plunge in crude prices since October as supply surges just as the demand outlook weakens amid a global economic slowdown
The IMF called for 22% further hike in power tariff to address the problem of circular debt
ISLAMABAD: Contrary to the decision of the apex court, the federal cabinet on Thursday approved approximately Rs25 billion worth subsidy for uninterrupted supply of gas...
Pakistan LNG is seeking three LNG cargoes for delivery over Jan. 21-22, Feb. 3-4 and Feb. 21-22
The AG chairman declared the terminal will be commissioned in the 1st quarter of 2020