Pak-China to strengthen cooperation in energy sector
ISLAMABAD: Pakistan and China will strengthen cooperation in the fields of oil and gas, renewable power generation, supporting power transmission networks to...
Another landmark achieved on Neelum Jhelum Hydropower Project
LAHORE: The strategically important 969 MW-Neelum Jhelum Hydropower Project achieved yet another landmark towards its completion as water filling (pressurisation) of its...
OGRA decides to dismantle Enforcement Department
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has decided to dismantle its Enforcement Department and put the entire responsibility of enforcement...
Oil jumps after U.S. crude stockpiles shrink most since August
NEW YORK: Oil topped $ 62 a barrel for the first time since May 2015 after U.S. crude stockpiles shrank by the...
PM directs for rationalisation of LPG price
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Thursday directed Ministry of Petroleum to take effective measures, in consultation with all stakeholders, for...
HDIP suffers Rs370mn revenue loss on account of CNG stations inspection
ISLAMABAD: The Hydrocarbon Development Institute of Pakistan (HDIP) suffered Rs 370.130 million loss in its revenue on account of inspection of compressed...
Power Division to meet with CPEC investors individually to fast-track energy projects
ISLAMABAD: The Power Division has decided to engage and meet with all investors of the China Pakistan Economic Corridor (CPEC) energy projects...
Pakistan is largest beneficiary of Chinese concessional loans
ISLAMABAD: Over $4 billion in concessional loans have been given by China to Pakistan for current infrastructure projects and additional $8b are...
Country’s electricity transmission system still being run on obsolete, risky mechanism
LAHORE: Despite claims and promises of the government, country’s electricity transmission system still is being run on an obsolete and risky mechanism,...
Massive irregularities in LNG supply contract unearthed
ISLAMABAD: A joint audit special study has unearthed several irregularities and raised serious questions over the purchase of Liquefied Natural Gas (LNG)...
Azad Pattan hydro-power project to add 700MW of electricity by 2022
KARACHI: To raise the share of hydropower production in the total energy mix, Pakistan will be adding around 700 megawatts in Azad...
660 megawatt Thar coal-fired power plant to be operational by Dec 2018
KARACHI: An interactive session was organized on Friday by Sindh Engro Coal Mining Company (SECMC) at Governor House, Karachi.
While presiding the session,...
Transboundary dispute with India, root cause of China not financing Diamer-Bhasha Dam
ISLAMABAD: Due to lingering transboundary dispute with India, China has refused to provide financing for Diamer-Bhasha Dam, following in the footsteps of...
Ogra recommends Rs4.06 per litre hike in petrol prices for January
ISLAMABAD: Oil and Gas Regulator Authority (OGRA) has forwarded summary to the government for raising prices of petroleum products from five to...
Brent crude ends year with 17pc gain, as WTI crude crosses $60
CALGARY: U.S. oil prices closed above $60 a barrel on the final trading day of the year, the first time since mid-2015,...