Pakistan’s resilience to climate change is limited: Moody’s
Rising temperatures and erratic rainfall can affect productivity in agriculture and increase the vulnerability of energy production, as 33% of Pakistan’s energy supply are hydropower-driven
Oil prices fall on signs of ample supply despite OPEC cuts
Brent crude futures, the international benchmark for oil prices, were at $78.07 per barrel at 0024 GMT, down 36 cents, or 0.5 percent, from their last close
Senate passes GIDC bill 2018, paves way for recovery of Rs12 billion arrears from CNG stations
GIDC Bill had 2018 had been passed on condition that CNG station owners would be given an Rs7 billion waiver if they deposited Rs12 billion in two instalments within three months after its passing.
NA committee directs gas companies to complete development schemes
National Assembly Standing Committee on Energy has directed Gas Distribution Companies to complete Gas Development Schemes under Prime Minister’s Sustainable Development Goals (SDGs) programme within the stipulated timelines.
Miftah Ismail allegedly pressurized former MD PLTL to resign
Incumbent Finance Minister Miftah Ismail has allegedly instructed Pakistan LNG Terminal Limited (PLTL) former managing director Azam Soofi to resign from his post apparently to save Pakistan Gas Port Consortium Limited (PGPCL) from a $40 million penalty.
UAE launches $45bn investment to boost refineries
ABU DHABI: Abu Dhabi National Oil Co. on Sunday announced a $45 billion ($38 billion euro) investment to modify an existing facility...
Water scarcity a threat to the country: FPCCI
KARACHI: FPCCI Chairman Coordination Malik Sohail Hussain on Sunday asked the government to take concrete steps to overcome water scarcity which has...
Masses to pay for excessive profits of influential industrialists: PEW president
KARACHI: The Pakistan Economy Watch (PEW) on Sunday criticised the decision to buy costly electricity from sugar mills in the presence of...
TAPI pipeline groundbreaking ceremony postponed for few months
Previously, the groundbreaking ceremony on Pakistan’s side was set to be held in December 2017, but the work couldn’t be commenced because of several reasons including non-completion of some preparatory works, route, geotechnical, radar survey
ECC gives go-ahead to revisions in OGRA ordinance 2002
The ECC also gave go-ahead to exemption from regulatory duty on import of dry fruits, vegetables and fresh fruits from Afghanistan which was proclaimed by PM Abbasi on his visit to Kabul recently
Oil prices dip from multi-year highs
Outside OPEC, soaring U.S. crude oil production may also help fill Iran’s supply gap, hitting another record last week by climbing to 10.7 million barrels per day
Senate panel gives nod to revision in GIDC bill
CNG industry was said to have already paid Rs19b under GIDC and now Rs12b will be paid for the period of Jan 2012 to May 22nd,2015.
OGRA gives 150 permits for establishment of LPG auto-refueling stations
LPG at the moment constitutes 0.7 percent of the total primary energy supply in Pakistan and its present size of the market is around 1.21 million tons per annum
Thar Coal to add first Megawatt to the national grid this December: CM
Rs7 billion to be spent on Thar Coal infrastructure development
300 MW of wind power to be added to the grid in July
Rs11.5 billion solar energy projects planned for next year
AGP unearths massive corruption in accounts of WAPDA, Ministry of Water Resources
ISLAMABAD: The Auditor General of Pakistan (AGP) has unearthed misuse of public funds to the tune of billions in the accounts of...