Power sector

KP govt incurring Rs5bn annual losses from Ranial Power Project

PESHAWAR: Due to the unavailability of transmission lines, the Ranial Power Project is causing an annual loss of Rs5 billion to Khyber...

India’s Reliance takes over ExxonMobil as world’s second most valuable energy company 

BENGALURU: India’s Reliance Industries has taken over from America’s largest energy company ExxonMobil as the world’s second most valuable energy company after...
Gen Asim Bajwa

Work on 330MW Thar Block-2 power plant in full swing, says Asim Bajwa

Special Assistant to the Prime Minister on Information and Broadcasting Asim Saleem Bajwa on Friday said that the work on the 330...

OGRA notifies increase in LPG prices

The price of locally produced LPG rises Rs18.48 per 11.8kg cylinder

Petroleum Division aligns strategy to achieve self-sufficiency in oil, gas

ISLAMABAD: The Petroleum Division has aligned its strategy to achieve self-sufficiency in the oil and gas sector by introducing radical measures and...

Chinese funding increases coal-fired power generation in Pakistan to record high

While other countries move away from coal-fired power due its negative environmental impact, Chinese funding has increased power generated through coal in...

NEPRA approves Rs4.26 hike in power rates for five months

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved an increase of Rs4.26 in the per-unit price of electricity for five...
Oil-gulf markets

KP demands Rs1,000 per barrel royalty on oil from centre

PESHAWAR: The Khyber Pakhtunkhwa (KP) government on Thursday demanded the federal government to pay Rs1,000 per barrel royalty on oil being extracted...

Does KAPCO have life beyond its PPA expiration? Some analysts think so

The company’s ability to generate electricity from LNG imports may position it well relative to other IPPs in the sector

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...

Govt-owned shares in OGDCL to be divested by 10pc to attract international investment

ISLAMABAD: The Privatisation Commission undertook a proposal of divestment of 10 percent shares of the Oil and Gas Development Company Ltd (OGDCL)...

CCI directs petroleum ministry to explore possibility of provincial input in OGRA

ISLAMABAD: The Council of Common Interests (CCI) on Thursday directed the Ministry of Petroleum and Natural Resources to explore the possibility of...
Asad-Umar

Power generation reaches record high of 23,116MW, says Asad Umar

Federal Minister for Planning, Development, Reforms and Special Initiatives Asad Umar on Wednesday said that power generation in the country reached a...

LPG price reduced by Rs39 per kg

ISLAMABAD: After petroleum products, the Oil and Gas Regulatory Authority (OGRA) has notified a decrease in the price of locally produced Liquefied...

Govt increases petrol price by Rs25.58

LAHORE:The federal government on Friday announced an increase in the prices of petroleum products with a Rs25.58 per litre increase in the...