Pakistan’s mystery billionaire

“He’s the Howard Hughes of Pakistan. Nobody ever sees him. You’re the first ones (among journalists) who are going to witness him...

PESCO task forces remove 266 direct hooks, recover Rs3.02m 

DI KHAN: The task forces of Peshawar Electric Supply Company (PESCO) on Wednesday conducted raids in Bannu, Swat and Peshawar circles and recovered...

Fuel Price Forecast: Massive oil price hike estimated for first half of September

ISLAMABAD: Already burdened masses should get ready to bear a jolt in the form of massive oil price hike as per litre...

Offshore drilling near Karachi coast completed

ISLAMABAD: Offshore drilling near Karachi coast on Indus G-Block (Kekra-1) has finally been completed after four months of hard work. The drilling was...

Petrol price estimated to decrease, diesel to surge for second half of June

Petrol price is estimated to decrease by Rs 1.87 per litre, high speed diesel (HSD) price might see a significant surge of...

FIA clears six names in Hascol scam. But on what grounds?

Re-investigation has given a clean chit to six persons including a close companion of Ishaq Dar. 

Govt likely to allow petrol stations to set their own prices

As consumers across the country face difficulties due to petrol shortage, the government is currently contemplating completely deregulating pricing and marketing of...

What is Hascol hiding?

The petroleum company is trying to erase its history. But with billions of rupees missing, auditors resigning, and law enforcement agencies taking unprecedented interest, that is proving to be a little difficult

Cheques issued by OGDC to Shazain Bugti, brothers bounce

OGDCL managing director refuses to issue Rs770m to the Bugti family for Uch gas field

Saudi Aramco shakes hands with Pakistan’s SOEs to open Pakistan’s largest refinery

After months of delay and negotiations, the Saudi investment gets confirmed. But what is the deal?

Attention industrialists, domestic users, these are your new gas prices 

The interim government has pulled the trigger and hiked gas prices

Kekra-1: Exxon Mobil all set to pack up and leave

Pakistan was hopeful of finding large oil and gas reserves in its territorial waters in the Arabian Sea Hours after Prime Minister...

ExxonMobil set for comeback in Pakistan after nearly three decades: Report

Mr Sayyed in a letter sent to the BoI stated ExxonMobil has been assessing its re-entrance into Pakistan since quite a while and has been assiduously hunting energy-related opportunities for past few years

102MW Gulpur hydropower plant starts production

LAHORE: Gulpur Hydropower Project has achieved certified commercial operation and has started producing cheap electricity for the national grid, said NESPAK Managing...

Petrol, diesel prices slashed by Rs2 for April 2018

ISLAMABAD: The government on Saturday announced a reduction in prices of petrol and diesel by Rs2.07 and Rs2.00 per litre, respectively, for...