Jahangir Siddiqui “pre-qualified” to acquire 100pc stake in Quaid-e-Azam Solar Power
LAHORE: A bourse filing Wednesday by Jahangir Siddiqui and Co (Ltd) disclosed it has been pre-qualified by the Punjab Privatization Board (PPB)...
WB approves $825mn loan to support power transmission, health, education
ISLAMABAD: The World Bank (WB) on Monday approved an $825 million funding for Pakistan to bolster its electricity transmission and distribution network,...
CCI meeting convened to address energy grievances of provinces
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi convened an extraordinary meeting of Council for Common Interests (CCI) for addressing provinces concerns over ‘non-implementation’...
Oil refineries “frozen”, as government’s ill-planning causes headaches
KARACHI: Unabating operational crisis being faced by oil refineries across the country sees no end, as governments inefficiency, ill-planning and recent poor...
North-South pipeline set to receive financial backing from China’s Silk Road Fund
ISLAMABAD: Russia beset by sanctions, struggles to implement $2 billion North-South gas pipeline in Pakistan, a benefactor in shape of Shanghai-based Silk...
Oil prices touch $64 a barrel, as North Sea pipeline issues continue
NEW YORK: Oil edged up toward $64 a barrel on Tuesday, helped by a North Sea pipeline outage, OPEC-led supply cuts and...
Jalal Sikandar made Secretary Petroleum Division
ISLAMABAD: Mohammad Jalal Sikandar Sultan, a BS 22 officer of Pakistan Administrative Service, has assumed the charge of the post of Secretary...
Oil prices remain unchanged, as markets remain stagnant
SINGAPORE: Oil markets were stable on Monday, hovering around Friday’s levels as a lack of conclusive market indicators prevented prices from swinging...
Pakistan LNG Terminal, MD Azam Soofi reportedly sacked
ISLAMABAD: Pakistan LNG Terminal Limited (PLTL), Managing Director Azam Soofi has been reportedly dismissed from his post on December 15th, by the...
Thar coal cheapest option in the energy supply chain: FPCCI
ISLAMABAD: The Businessmen Panel of the FPCCI on Saturday said Thar coal remains cheapest option for power generation in the energy supply...
Coal’s share to jump to 24 pc in the energy mix: FPCCI
ISLAMABAD: The Businessmen Panel of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Saturday said commercial production of electricity...
Govt agrees to clearly defined roles for CCI, CCOE
ISLAMABAD: The roles of federal forums Energy, Economic Committees of the Cabinet and Council of Common Interests (CCI) will have clearly defined...
PSO’s receivables balloon to over Rs300 billion
ISLAMABAD: Pakistan State Oil’s financial woes continue as its receivables are said to have swelled over Rs300 billion.
The state-owned oil marketing giant is...
E&P companies eyeing to tap deposits of oil & gas in KP
ISLAMABAD: Oil and gas Exploration and Production (E&P) companies have intensified their drilling activities to tap recoverable reserves of around Trillion Cubic...
Pakistan’s LNG imports will keep rising, fuel demand to halve by 2020: Report
LAHORE: S&P Global Platts survey of several companies has revealed Pakistan’s rising LNG imports will contribute to fuel demand halving by 2020,...