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...
Power sector regulation

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...
Chevron Corporation

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...