Sindh eager to benefit from CPEC, says Murad Ali Shah

KARACHI: Sindh is eager to gain maximum benefit from China-Pakistan Economic Corridor (CPEC) as the revelation of the full plan for the corridor...

PM assures provision of electricity in Karachi as tussle between SSGC, K-Electric ends

KARACHI: Prime Minister Shahid Khaqan Abbasi on Monday assured of the provision of electricity in Karachi, as the tussle between Sui Southern Gas Company (SSGC) and...

Engro’s third quarter profit rises 62pc YoY

LAHORE: Engro Corporation, on Monday, in a board of directors meeting held in Karachi approved its financial results for the quarter ended...

Subhani’s group to invest $3 billion in country’s real estate, energy and other sectors

LAHORE: Subhanis Group through its partner BMS International Commercial Investment is set to invest $3 billion in Pakistan’s real estate sector, energy,...

PM calls CCoE meeting in Karachi to resolve K-Electric, SSGC dispute

ISLAMABAD: As the row between K-Electric and Sui Southern Gas Company (SSGC) continues, the federal government is anticipated to establish a mechanism...

Asian stocks slip due to high yields, as oil prices remain high

SYDNEY: Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world’s largest corporations while keeping a...

Oil prices dip on increasing U.S rig count

SINGAPORE: Oil prices dipped early on Monday as a rising U.S. rig count pointed to further increases in the country’s output, underlining...

Tech to be introduced in power sector to enhance efficiency: Minister

ISLAMABAD: Minister for Power Division, Awais Leghari has said the government plans to introduce a technology-based system in the power distribution companies...

Pakistan to produce over 1,000 MWs of clean energy through wind power

KARACHI: Pakistan is all set to produce over 1000 Megawatts (MW) of clean electricity through wind energy alone in the current year,...

Sindh CM demands representation on board of K-Electric, SSGC

KARACHI: In wake of the power crisis afflicting Karachi, the Sindh government on Friday said it was looking to get representation on...

K-Electric & SSGC given 24-hour ultimatum to resolve dispute

ISLAMABAD: Ministry of Energy efforts to resolve the raging dispute between K-Electric and Sui Southern Gas Company (SSGC) over outstanding payments and...

Oil prices stabilize, after Trump’s tweet criticizing OPEC

NEW YORK: Oil prices edged up on Friday, stabilizing after an earlier slide driven by U.S. President Donald Trump’s criticism of OPEC’s...

Shell, Unilever to invest £100 million in Pakistan

LAHORE: As Pakistan struggles to sustain its depleting foreign reserves, on Thursday global consumer brand Unilever and Anglo-Dutch oil giant Shell announced investments worth...

OGRA likely to question SNGPL on charging local gas consumers with LNG rates

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) is likely to seek a response from Sui Northern Gas Pipelines Limited (SNGPL) over...

Fuel prices expected to rise by Rs5 per litre next month

ISLAMABAD: Oil prices are expected to increase by Rs5 for the next month as a result of the swelling crude oil prices in...