Minor oil and gas discovery in Kohat, declares OGDCL
ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has reported a minor discovery of oil and gas deposits in the Kohat district...
SNGPL encashes Rs14b bank guarantee to avoid default: sources
ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) has encashed a Rs14 billion worth bank guarantee (standby letter of credit) to avoid a possible...
With Qatar in forefront, new wave of mega LNG projects gains momentum
LONDON: A new race to build multi-billion dollar liquefied natural gas (LNG) plants is gaining momentum after a long hiatus in investments...
Make discos more efficient, asked the incoming PTI government
ISLAMABAD: The incoming government of Pakistan Tehreek-e-Insaf (PTI) will have to take tough decisions in order to make power distribution companies more efficient...
Pakistani companies get equal share in CPEC: report
ISLAMABAD: Since the beginning of the massive China-Pakistan Economic Corridor
(CPEC) project, there has been occasional criticism, including some complaints that projects under...
Bureaucracy still seeking reasons behind bulging circular debt
ISLAMABAD: The Senate Special Committee on Circular Debt was informed Monday that a delay in filing of tariff petitions by the power distribution companies...
Govt raises inspection fee for LPG installations
New rules devised by the Department of Explosives of the Ministry of Industries and Production (MoIP) has seen the hiring of its own third-party inspectors aside those Oil and Gas Regulatory Authority (Ogra) has
E&P companies to drill 90 wells in current fiscal year
ISLAMABAD: During the current fiscal year, oil and gas Exploration and Production (E&P) companies are to drill 90 wells in different areas...
Oil edges lower as supply concerns return
Brent crude futures were down 17 cents, or 0.2 percent at $73.28 a barrel by 0232 GMT, after rising 1.5 percent on Thursday.
PTI govt to start construction of TAPI pipeline
The government-owned Inter-State Gas Systems is responsible for executing all oil and gas pipeline projects
Consumer prices for LPG raised by Rs7 per kg
ISLAMABAD: According to notifications issued by the Oil and Gas Regulatory Authority (OGRA), the consumer price for LPG has increased by Rs7...
NEPRA to approve modification in FIPL’s generation license
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is set to take up proposed modifications in the power generation license of Fimcotex...
Engro Powergen Thar successfully tests, energises power plant
KARACHI: Engro Powergen Thar Limited (EPTL) Chief Executive Officer Ahsan Zafar Syed has announced that Pakistan has made history by achieving successful...
Iran halts supply of 80MW electricity to Balochistan coast
ISLAMABAD: Briefing the Senate Committee on Power on Thursday, federal power ministry officials said, Iran had halted the supply of 80 megawatts...
K-Electric initiates legal notice to ministry over lower tariff
ISLAMABAD: A legal battle has begun between K-Electric and the federal government over implementation of a tariff decision taken by the National Electric...