LNG agreements to be reviewed & made public: Sarwar
During the press conference, the petroleum minister raised serious contentions over the LNG deal signed with Qatar and called the fuel pricing mechanism faulty as diesel should be cheaper than petrol
Bill allowing U.S. to sue OPEC drawing renewed interest
Saudi Arabia, the world’s top oil exporter, is worried that NOPEC could turn into another Justice Against Sponsors of Terrorism Act (JASTA) law, which allows victims of the Sept. 11 attacks in the United States to sue Riyadh
Commerce Division, PPRA say opinion not sought on fuel supply agreement with Azerbaijan: Report
Petroleum Division suggestion on Azerbaijan deal blocked by PPRA and Commerce Division
PSO faces severe financial crunch, as Rs200 billion bond issuance delayed
State-owned Pakistan International Airlines (PIA) owes Rs48 billion to PSO and the federal government on account of price differential claims and exchange rate loss
NEPRA postpones hike in power tariff, seeks explanation from CCPA
ISLAMABAD:Â The National Electric Power Regulatory Authority (NEPRA) has postponed the proposed Rs2.97 per unit hike in power tariff till next Tuesday and...
US envoy stresses more mutual cooperation in renewable energy
ISLAMABAD: US Principal Deputy Assistant Secretary of State for South and Central Asian Affairs Alice Wells Tuesday stressed the need for increasing...
Govt mulls deregulating LNG sector to facilitate textile industry
'Import of LNG at competitive rates will help textile millers rationalise their production costs'
India’s Reliance takes over ExxonMobil as world’s second most valuable energy companyÂ
BENGALURU: India’s Reliance Industries has taken over from America’s largest energy company ExxonMobil as the world’s second most valuable energy company after...
Chinese company seeks generation licence for 700 MW coal power plant
Datang Pakistan Karachi Power Generation (Pvt) Limited (DPKPG) a subsidiary of China Datang Corporation has submitted an application to National Electric Power...
Govt considers setting up mobile power plants
The government is considering setting up short term mobile power plants since the delay in the  ongoing power projects has attracted criticism...
Rs99.5b worth of oil/gas tapped by OGDCL, MOL Pakistan in last 17 years
Islamabad: The Oil and Gas Development Company Limited (OGDCL) and MOL Pakistan have produced crude oil and natural gas worth Rs99.538 billion...
Arif Habib Corporation to establish 330-megawatt coal power plant in Thar
Karachi: Arib Habib Corporation Chairman, Arif Habib announced on Tuesday at the Karachi Press Club that his company will be establishing a...
Oil prices decline after registering 20pc rise in third quarter
Tokyo: Oil prices fell on Monday, pausing for breath after posting gains of as much as 20 percent in the third quarter,...
Exxon Mobil’s exit to jeopardise Pakistan’s LNG plans
ISLAMABAD/LONDON: Exxon Mobil has pulled out of a major project in Pakistan, in a potential blow to plans to boost imports of...
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...