Pakistan gets ready to woo Saudi crown prince
Saudi Arabia is reportedly preparing to sign a record investment package with Pakistan, including a $10 billion refinery and oil complex for the strategic Gwadar Port on the Arabian Sea
Oil prices slip, as US crude output rises
SINGAPORE: Oil prices fell on Monday, pulled down as the latest rise in the U.S. rig count pointed to a further increase...
Shell sees potential LNG supply shortage as global demand surges
LONDON: The global Liquefied Natural Gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29...
PM discusses tax exemptions, new LPG plants, gas prices in ECC meeting
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet here at Prime Minister’s...
Russia’s energy minister sees oil prices stabilizing in first-half 2019
Novak also said there were no proposals for an extraordinary meeting with OPEC, and he attributed the fall in oil prices to macroeconomic factors
PM chairs ECC meeting regarding taxation, refinancing, guarantees
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi chaired the meeting of Economic Coordination Committee of the Cabinet at PM Office today.
The meeting approved...
OGDCL profits disappoint as increase of 6.3pc reported for FY 2016-17
Karachi: In a notification sent to the bourse on Friday, Oil and Gas Development Company Ltd announced its results for the financial...
RLNG supply not feasible to fertilizer plants, facing liquidity crunch says, SNGPL
To avoid a liquidity crisis, SNGPL has requested the Ministry of Finance to release subsidy amount worth Rs1,332,184,376 against gas provided to both fertilizer plants from December 8th to December 31st, 2018 on an immediate basis
Petro Division terms media reports regarding GIDC judgment as ‘misleading’
ISLAMABAD: The Petroleum Division on Saturday took note of misleading advertisements printed by some newspapers regarding the Supreme Court’s (SC) judgment in...
‘Imposition of Rs80bn arrears unjustified’, exporters complain to NA body
-- Power Division asked to take up tariff issue with ECC
-- Textile millers to observe strike on Feb 10 if issues remain...
IMF raises concerns over Pakistan’s energy reform efforts
The International Monetary Fund (IMF) has expressed concerns over Pakistan's proposed energy sector reforms, stating they fail to tackle the fundamental issues,...
LPG prices not to be increased, says Sarwar
Ghulam Sarwar made a task force under Babar Nadeem, which would make recommendations on issues of oil refineries and would present the recommendations in next CCoE
Oil and gas exploration increases 79pc
Islamabad: Pakistan witnessed an increase of around 79 percent in oil and gas exploration activities in different potential areas during the last...
Fund dedicated to Diamer-Bhasha, Mohmand dam receives lukewarm response from overseas Pakistani’s
According to the latest update issued by the State Bank of Pakistan (SBP) on Wednesday, total collection from within Pakistan was recorded at Rs854.8 million
$497m Thar coal project achieves financial close
Another Thar coal-based power generation project achieved financial close during a ceremony held at the Private Power and Infrastructure Board (PPIB).
According to...