Wapda decides to acquire land for Mohmand Dam hydropower project
Originally, work on the project was slated to start in June 2012 and be concluded by September 2016 respectively
Oil prices fall amid worries Saudi Arabia, Russia could up supply
Brent crude was down 45 cent, or 0.6 percent, at $74.94 a barrel at 0325 GMT, after settling up 9 cents on Tuesday
Circular debt in power sector touches Rs573 billion
Joint secretary disclosed the government was extending a subsidy of Rs52.2 billion to Azad Jammu and Kashmir, Rs14.2 billion to the Federally Administered Tribal Areas (Fata), Rs31.4 billion to the industrial sector and was providing 650 megawatts of electricity to K-Electric
Pol products output posts 12.31 percent increase during July-March FY18
The production of high-speed diesel grew 13.56 percent, diesel by 28.10 percent, while furnace oil production witnessed a growth of 6.55 percent
Azerbaijan inaugurates $40 billion European gas pipeline
Azerbaijan, on Tuesday, inaugurated part of an ambitious $40 billion pipeline complex that will create the first direct route to transport gas from one of the world's largest fields to Europe bypassing Russia.
OGDCL – Another tale of misplaced priorities Â
ISLAMABAD: It seems that all is not well at the Oil and Gas Development Company Limited (OGDCL) as blue-eyed officers/officials have been...
LCCI strongly opposes increase in POL prices
The increase in petroleum prices would increase the input cost of agriculture production as high-speed diesel is being used in tractors, tube-wells, harvesters, thrashers and other agriculture machinery
Oil prices mixed but expected output increase drags
The spread between Brent and WTI crude stands at around $8.7 a barrel, the widest since March 2015 due to the depressed price of U.S. crude compared to Brent
ExxonMobil purchases 25 percent shareholding in offshore drilling in Pakistan
Previously, Italian energy giant Eni, Pakistan Petroleum Limited (PPL) and Oil and Gas Development Company (OGDC) held 33 percent share each in offshore drilling in Pakistan
Comprehensive programme launched for agri sector promotion
SIALKOT: The Punjab government has launched a comprehensive programme for promoting the agriculture sector along modern lines, and to save irrigation water...
Russia, OPEC willing to increase oil output under US pressure
Raising production would ease 17 months of strict supply curbs amid concerns that a price rally has gone too far, with oil having hit its highest since late 2014 at $80.50 a barrel this month
PPIB approves extension in COD date for two Thar power projects
In April, the Chinese contractor was granted an extension of seven months to start building of the Matiari-Lahore transmission line expected to cost $1.7 billion
Govt finally imposes restrictions on metal contents level in gasoline products
Manganese would be totally phased out from petrol after May 1st, 2019
CCoP fails to reach decision over K-Electric deal
One of the main pending problems was the degree to which Shanghai Electric would record the liabilities in its balance sheet after successful takeover of K-Electric
Ogra proposes construction of ten new oil storage facilities
10 new oil marketing companies are expected to be established next year for more effective supply of petroleum products across the country