$5bn investment lined up for development of Thar coal: Ahsan

ISLAMABAD: Minister for Planning, Development and Reforms Ahsan Iqbal on Monday informed the Senate that an investment of $ 5 billion had been lined up for...

PM emphasises enhancement of indigenous exploration, production

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi during a briefing by Pakistan Petroleum Exploration and Production Companies Association (PPEPCA) in Islamabad on Monday, said that ensuring...

WAPDA to complete 2,487-MW hydel power projects by mid-2018

LAHORE: Water and Power Development Authority (WAPDA) will complete three hydel power generation projects with an accumulative capacity of 2,487 megawatts (MW) by mid...

Pakistan among the top ‘emerging’ importers of LNG

According to a Columbia University report, Pakistan is among the top ‘emerging’ importers of Liquefied Natural Gas (LNG). The LNG supply surge that began to...

Oil producers to cooperate beyond 2018: Saudi Arabia

MUSCAT: Global oil producers are in agreement that they should continue cooperating on production after their deal on supply cuts expires at the end of...

Country producing 4500 MW surplus electricity: Power Division Minister

DG KHAN: Power Division Minister Sardar Awais Ahmed Khan Leghari on Sunday said that the incumbent government has overcome the load-shedding issue and is now...

Government overcomes energy sector issues to boost economy, GDP growth rate: Miftah

ISLAMABAD: Advisor to the Prime Minister (PM) on Economic Affairs, Miftah Ismail has said that the present government has taken steps to bring improvement in...

Oil, gas exploration increases by 80pc in four years

ISLAMABAD: Pakistan witnessed an increase of around 80 per cent in oil and gas exploration activities in different potential areas during the last four years...

Govt to fully support early, sustainable LNG investments: Haroon Akhtar

ISLAMABAD: Special Assistant to Prime Minister on Revenue Haroon Akhtar has said the government is committed to supporting early and sustainable investments in the...

NEPRA fines three GENCOs for violating limits of auxiliary power consumption

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs 15 million each on three public sector power generation companies (GENCOs) including...

Turkmenistan starts work on TAPI gas pipeline project

ISLAMABAD: Minister of State for Petroleum Jam Kamal Khan informed the National Assembly (NA) on Friday, that Turkmenistan has started work for the construction of...

US to break Saudi, Russian oil monopoly: IEA

LONDON: The United States will overtake Saudi Arabia and Russia as the world’s top oil producer by 2017, the West’s energy agency said on...

Surplus power could cause electricity tariff to escalate over time

KARACHI: Even as Pakistan prepares to have surplus power in the coming few years, the prices of electricity will also rise correspondingly, said electricity...

Private sector invited to utilize public building rooftops for solar energy

LAHORE: The private sector has been extended invitation by the Punjab government to make investments in the utilization of public building’s rooftops for installation...

Govt chides power division for misrepresentation of electricity generation data

ISLAMABAD: The government communicated its grave anger over misrepresentation of figures by the power division regarding electricity generation. The Power Division gave a presentation to...

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