Oil prices fall, as US trade war with China rattles markets
SINGAPORE: Oil prices dipped on Tuesday, easing after strong gains in the previous session when hopes that trade disputes between the United...
Chinese Investment Promotion Agency keen to develop JVs with Pak companies
ISLAMABAD: Shenzhen Investment Promotion Agency of China on Monday expressed its deep desire in initiating joint ventures with Pakistani counterparts in areas...
Punjab’s 3600 mw RLNG-run power plants fail to produce required electricity
ISLAMABAD: Punjab’s 3600 mw RLNG-run power plants have so far failed to produce the required electricity due to which billions of rupees...
Pakistan signs two MoUs with China for gas pipeline, oil refinery
SANYA: Prime Minister of Pakistan Shahid Khaqan Abbasi and PowerChina Limited's Vice President Li Yanming, on Monday witnessed the signing of a...
CASA-1000 landmark achievement of cooperation between Pak, Tajikistan: Envoy
ISLAMABAD: Tajikistan's Ambassador to Pakistan, Sherali Jononov has said that CASA-1000 is a landmark achievement of cooperation between Tajikistan and Pakistan.
Addressing a...
No violations of law in promulgating ordinance to ratify tax amnesty scheme: Rana Afzal
ISLAMABAD: State Minister for Finance Rana Muhammad Afzal on Monday said that no violation of law has been made by promulgating the...
Bidding for QASPL privatisation delayed
ISLAMABAD: The Punjab government, amid the ongoing NAB investigation and audit objections by AGPR, has delayed the bidding process of Quaid-e-Azam Solar Power Ltd....
Iran planning to increase electricity exports to Afghanistan, Pakistan
TEHRAN: Iran is considering plans to increase electricity exports on Afghanistan and Pakistan by linking its power grid to the countries.
“Given the fact that neighbouring countries, especially Afghanistan and Pakistan,...
Neelum Jhelum hydropower project’s 1st unit to be inaugurated on April 13
ISLAMABAD: The first unit of the strategically important 969 MW Neelum Jhelum Hydropower Project, located in Azad Jammu and Kashmir, will be...
Aramco eyes setting up petrochemical plant in Texas
HOUSTON: Saudi Arabia’s national oil company Saudi Aramco on Saturday is expected to disclose initial steps toward a multibillion-dollar chemical plant in...
Shanghai Electric directed to submit pledge on electricity supply
ISLAMABAD: Shanghai Electric which acquired a majority 66.4 percent stake in K-Electric has been directed by the government to provide a pledge...
Oil prices dip 2 percent as US-China trade blows over tariffs
NEW YORK: Oil prices fell about 2 percent on Friday after U.S. President Donald Trump threatened new tariffs on China, reigniting fears...
PSO owed Rs28 billion in dues for LNG supply to SNGPL
LAHORE: Pakistan State Oil (PSO) is owed Rs28 billion in payments for LNG supply by Sui Northern Gas Pipelines (SNGPL), igniting worries...
Pakistan extends duty free access for 67 per cent Chinese exports
ISLAMABAD: China has extended duty free access on 90 per cent Pakistani exports under Pak-China Free Trade Agreement (FTA)-2, while Pakistan has...
Pak Russia trade volume can go up: Dastgir
MOSCOW: Defence Minister Khurram Dastgir Khan has said that the there is a great potential between Pakistan and Russia for the enhancement...