NEPRA takes up periodic PPP adjustment of six DISCOs Friday

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) is set to take up on Friday the periodic adjustments on account of power purchase...

Shell posts profits of Rs942.28m for April-June 2017

Karachi: In a notification sent to the bourse on Wednesday, Shell Pakistan announced its earnings for the quarter ended April-June 2017. Shell Pakistan...

RLNG supply to CNG sector discontinued

Re-gasified Liquefied Natural Gas (RLNG) supply to CNG stations in Punjab was discontinued on Tuesday morning, as the government has diverted RLNG...

Govt to sign state-to-state deals for LNG supplies

LAHORE: The incumbent government has decided to sign state-to-state supply deals with energy-rich countries for procurement of cheaper LNG supplies. This decision comes...

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...

Oil prices fall as U.S. crude output hits record 12 million bpd

International Brent crude futures were at $66.87 per barrel at 0326 GMT, down 20 cents, or 0.3 percent, from their last close

Finland ready to help Pakistan in health, energy and forest sectors

ISLAMABAD: The Roving Ambassador-designate of Finland to South Asia Harri Kämäräinen along with Honorary Consul of Finland in Pakistan Asad Ansari visited Islamabad...

Ahead of Elections 2018, govt approves issuance of new gas connections

The incumbent government is all set to initiate new gas supply schemes in constituencies of its key politicians in an attempt to...

US soon to leapfrog Saudis, Russia as top oil producer

The United States led the world in oil production for much of the 20th century, but the Soviet Union surpassed America in 1974, and Saudi Arabia did the same in 1976, according to Energy Department figures

CNG prices likely to drop in Punjab

Ghiyas Abdullah Paracha, central chairman of the All Pakistan CNG Association (APCNGA) is reported to have said that CNG prices are likely...

PSO seeks Rs 60 billion from the govt to clear the loan obtained for controlling the circular debt

ISLAMABAD: Financially starved Pakistan State Oil (PSO) has sought Rs 60 billion from the ministries of finance and power to clears the...

Progas challenges ICSID court decision in Pakistan’s favour

ISLAMABAD: A court decision in London which came in favour of Pakistan has been challenged by Progas Pakistan shareholders. Progas Pakistan which is...

OGDCL injects five new oil, gas wells in production gathering system

ISLAMABAD: Oil and Gas Development Company (OGDCL) has injected five new oil and gas wells, producing 4,133 barrels crude oil and 891...

Coronavirus: CNG sector seeks gas tariff relief package

PESHAWAR: The CNG owners and dealers Sunday urged Prime Minister Imran Khan to announce special gas tariff relief package for neglected and coronavirus...

Loadshedding could rise, as power crisis expected to worsen

ISLAMABAD: The governments promise of ending power outages seems farce as reduction in gas supply caused power plants generating 3,000MW of electricity...