NEPRA approves tariff raise of Rs0.36 per unit
ISLAMABAD:Â The National Electric Power Regulatory Authority (Nepra) has approved an enhanced tariff by Rs0.36 per unit on account of fuel adjustment for...
Aramco doubles scientists in technology patent spree: report
US technology patents on the rise
Aramco scientist intake also surges
LONDON: Saudi Aramco is boosting its patented technologies after doubling its...
PML-N’s haste results in hit worth billions, threatening rupture in power supply
KARACHI:Â Breathless haste, casting caution and procedures to the wind, the Pakistan Muslim League-Nawaz (PML-N) government tried to bring online power projects before...
Fatima Fertilizer’s gross profits jump 68pc amid decreasing cost of sales
Despite a 2 per cent reduction in Fatima Fertilizer Company’s sales, its bottom line rose up significantly, due to decreased cost of...
ECC likely to take final decision about future gas prices
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet is set to decide either to fully pass on the hike in gas...
Tapi project to be completed during PTI’s tenure, Senate told
ISLAMABAD: The minister for Petroleum and Natural Resources Ghulam Sarwar Khan Tuesday said the government would complete the Turkmenistan, Afghanistan, and Pakistan (TAPI)...
Afghanistan unresponsive to Pakistan’s water treaty initiative
ISLAMABAD: The government of Pakistan is continuously trying to engage the government of Afghanistan into dialogue for a possible water treaty in future...
Lakhra power plant to be made operational, says Shibli Faraz
ISLAMABAD: The leader of the house in the Senate Shibli Faraz Tuesday said the government will make functional the Lakhra Power Plant,...
Petroluem production increases by 13.24pc during FY2017-18
ISLAMABAD: The production of petroleum products witnessed a 13.24 per cent increase during the fiscal year 2017-18 as compared to the last...
Oil stable as U.S.-China trade row weighs, Iran sanctions cut supply outlook
International Brent crude oil futures were at $75.75 per barrel at 0122 GMT, down 7 cents from their last close
LNG agreements to be reviewed & made public: Sarwar
During the press conference, the petroleum minister raised serious contentions over the LNG deal signed with Qatar and called the fuel pricing mechanism faulty as diesel should be cheaper than petrol
Circular debt in power sector surges to record high of Rs1.155 trillion
Line losses were recorded at 18.3 percent against an allowed limit of 16.3 percent, with the additional cost of Rs196 billion per annum passed unfairly onto consumers
Oil rises as China demand resumes, signs that Iran supply curbed
U.S. crude rose more than 4 percent on the week, after seven consecutive declines, and Brent rose 5.3 percent after three weeks of falling prices
Govt will review petrol, diesel prices, increase local production: minister
ISLAMABAD: Minister for Petroleum Ghulam Sarwar Khan on Friday assured that the petroleum prices and taxes will be reviewed and fixed in...
Shelved Aramco IPO hits at heart of Saudi prince’s reforms
The initial public offering (IPO) of 5 percent of state-owned oil giant Saudi Aramco was a centrepiece of the crown prince’s plan to diversify the kingdom’s economy beyond oil by raising $100 billion for investment in other sectors