Govt to divest 18.3 pc stake in MPCL after JV partners refuse to settle on approved price

The government has taken the decision to divest its 18.3pc stake in Mari Petroleum Company Limited (MPCL) after two joint venture partners...

Thar power project awarded to Chinese company

China Machinery and Engineering Corporation (CMEC) have been accorded the engineering, procurement and construction contract of the 330-megawatt power project in Thar,...

ECNEC approves infrastructure projects before election year

The Executive Committee of the National Economic Council (ECNEC) on Wednesday approved multi-billion rupees worth of mega projects in the transport and...

Warsak Power Station consultancy contract awarded to Dolsar

Contract of consultancy services worth Rs 868m was awarded on Tuesday by the Water and Power Development Authority (WAPDA) to  a joint...

Tariff increase of 88pc sought by WAPDA for hydel profits payment to Punjab & KP

A tariff increase of more than 88pc is being requested by the Water and Power Development Authority (WAPDA) in order to pay...

Pakistan likely to issue investment bonds to settle soaring circular debt

The Government is likely to settle the mounting circular debt through issuance of bonds with maturity of three to five years, an...

8 mega projects to generate 10,000 MW of electricity underway

The Water and Power Development Authority (WAPDA) has expedited work on 8 mega projects with a combined power generation capacity of more...

SNGPL cut 18,735 gas connections over non-payment of Rs 894m

The Sui Northern Gas Pipe Line (SNGPL) has severed gas connections of almost 18,735 consumers in first three months of the calendar...

Govt freezes gas prices for domestic consumers

While speaking at the Lahore Chamber of Commerce & Industry, Oil & Gas Regulatory Authority (OGRA) Chairperson Uzma Adil Khan stated that...

SSGC to build 370km pipeline from Karachi to Sawan

New plans have been outlined by state-owned gas utilities to install new pipelines which will allow for shipment of higher volumes of imported gas...

Ministry plans on bolstering RLNG supply to power plants

A secure payment plan is being sought for the supply of liquefied natural gas (LNG) to power plants that were not designated...

Premier Oil to sell off Pakistan operations for $65.6m

Premier Oil plc has signed a sale purchase agreement with Al-Haj Energy Ltd for the sale of Premier Oil Pakistan Holdings BV,...

NAB asked to investigate oil & gas theft in Karak

As all attempts to curb the practice of crude oil theft from installations of MOL oil and gas exploration company in Karak...

Govt initiated various power projects to overcome energy crises, says Talal Chaudhary

PML-N leader, Talal Chaudhary has said on Tuesday the incumbent government has initiated a number of power projects to overcome the energy...

Gas crisis likely to persist for the next 13 years: Ogra

The Oil and Gas Regulatory Authority (Ogra) has predicted that the gas crisis is likely to persist for the next 13 years,...