Pakistan faces risk of arbitration lawsuits if it becomes ECT member: Report
According to the report, ECT is an influential tool in the hands of large oil, gas and coal companies which permits them to dissuade governments from moving to clean energy
Weak distribution network blamed for power woes
Two units of Port Qasim with a capacity to generate 1,300MW electricity had developed a technical fault due to which they had ceased supplying power and Balloki power plant with 1,000MW capacity was operational for two days on a test run before going offline in the first week of June
Balloki power plant valve leaks during trial run, commercial launch delayed
Haveli Bahadur Shah which has commenced its commercial operations and Balloki which is at its last stage of commissioning have fed 695 million units of electricity to the national grid in the time of peak demand in first half of Ramazan
Oil prices inch up on cautious optimism over Trump, Kim summit in Singapore
Brent crude futures were trading at $76.56 per barrel at 0201, up 10 cents from their last close
Power sector receivables touch Rs779 billion
Highest percent of losses were recorded for Peshawar Electric Supply Company (Pesco) at 36.6 percent, 35.7 percent for Sepco and 19.1 percent for Hesco
1st unit of Tarbela fourth extension project commences generation
The official shared the second unit of Tarbela 4th extension hydropower project was also put in wet commissioning three days ago and the second unit is set to enter its reliability in the first week of July
Petrol prices up by Rs4.26, Diesel by Rs6.55
Accordingly, after the hike, petrol would be sold at Rs91.96 per litre, HSD at Rs105.31, SKO at Rs84.34 and LDO at 74.99. These prices would be effective from June 12 till June 30, 2018.
On last day in office, Abbasi govt raised LNG import margins
ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) government increased profit margins on liquefied natural gas (LNG) imports quietly on the last but one day to...
Energy: colliding visions for powering Pakistan
Both the PTI and PML-N offer competing proposals for how best to manage Pakistan’s electricity generation sector
Water crisis to severely damage agro-economy, warns ICST
ISLAMABAD: The Islamabad Chamber of Small Traders (ICST) on Sunday said the water crisis has developed into a drought like condition to...
Dream come true: Thar Block II unearths coal
ISLAMABAD: In a discovery that has brought hope to millions in the energy-starved nation, the first layer of indigenous coal from Thar...
Circular debt touches staggering levels, crosses Rs1 trillion
Official documents disclosed during the first nine months of the financial year 2017-18, over Rs60 billion worth of electricity was stolen
Oil industry gets its wish, petrol & diesel profit margins jacked up
The Federal Board of Revenue’s (FBR) inability to formulate a mechanism for general sales tax (GST) collection under a deregulated system, allowed the oil industry to get these margins revised in line with an old Consumer Price Index (CPI) based formula
Nepra chastises NTDC for recurring power failures
NTDC was granted permission by Nepra to invest Rs96.63 billion in the last three years to enhance dependability of the transmission network
Global LNG-Asian prices continue climb towards double digits
Spot prices for July LNG-AS delivery in Asia were at $9.80 per million British thermal units (Btu) this week, up 20 cents from the previous week.