World oil demand, refining growth to peak in 2035 — Unipec

Improved energy efficiency and technological changes, including the rise of renewables, meant global oil demand growth would slow in coming years before...

Oil could rise to $100 by 2019 as global markets tighten, merchants warn

SINGAPORE: Oil prices could rise towards $100 per barrel towards the end of the year or by early 2019 as sanctions against...

What is the PTI’s energy game plan?

How having a former hydrocarbon company CEO as finance minister will shape the government’s approach to Pakistan’s biggest economic challenge

WAPDA completes Golen Gol-Timergara transmission line

-- The 180-km long transmission line crosses through the most difficult mountainous terrain with extreme weather conditions ISLAMABAD: The Pakistan Water and Power Development...

Hi-Tech Lubricants aim to make a splash in the OMC market

Growth in its core, high-margin business requires the company to expand into the low-margin, high-volume business of selling fuel to retail consumers

Oil: No sign of waning appetite

Oil is so entrenched in the modern world that demand is still rising by up to 1.5 percent a year LONDON: Global oil...

Discos seek Rs1.5/unit hike in consumer tariff

ISLAMABAD: The former Wapda distribution companies (Discos) have pleaded for Rs1.50 per unit, citing as reasons: increase in consumer tariff on account...

Exporters give thumbs up to unified gas slab

KARACHI: A near collective cheer went up from the exporter community as the details of the gas price adjustment rippled through their...

Wapda, Chinese firm sign Mangla Dam refurbishment contract

LAHORE: The Pakistan Water and Power Development Authority (WAPDA) Monday awarded a kay project worth Rs1.68 billion to China’s CMAC Engineering Company...

Iran gas exports fall 42%

ANKARA: Iran’s gas condensate exports fell nearly 42 percent to 4.1 million tonnes in the five months to Aug 22, Iranian semi-official...

Pakistan raises gas prices to trim subsidies amid budget woes

Sarwar said the move would help ease part of the 152 billion-rupee ($1.24 billion) deficit for state-owned SNGPL and SSGC

Scottish renewable energy company eyes strong foothold in Pakistan

LAHORE: There cannot be enough emphasis on the need to promote renewable energy as a sustainable solution to all the energy related problems...

Sahiwal Coal Power Plant fully meets standards set by WB, EU

SAHIWAL: Huaneng Shandong Ruyi (HSR) Energy Limited, responsible for operations of the Sahiwal coal-fired power plant on Friday claimed that the plant...

Oil prices claw back on supply concerns, but demand worries drag

Brent crude was up 8 cents, or 0.1 percent, at $78.26 a barrel by 0338 GMT, after falling 2 percent on Thursday. The global benchmark rose on Wednesday to its highest since May 22 at $80.13

Industry sources accuse PBIT exacting extra fee for handling coal at Port Qasim

According to market officials, the industry had been distressed and the high fee had increased problems for it as well as the exporters