Karachiites likely to face Rs 1.72/unit hike
ISLAMABAD: The electricity consumers of K-Electric are likely to face power tariff hike of Rs 1.72 per unit as the National Electric...
Gasoline consumption went up during FY 2016-17
Islamabad: Gasoline consumption went up during last financial year 2016-17, according to a senior finance ministry official reported a local newspaper.
The official attributed...
FIA probes unauthorised imports, operational anomalies in LPG sector
Inquiry initiated after the SIFC requested a thorough investigation based on complaints from individuals in LPG businessÂ
KPOGCL CFO takes back allegations and leaves job
PESHAWAR: In a bizarre twist, Khyber-Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) Chief Financial Officer left his job and the city last...
Riyadh to support TAPI gas pipeline project
ASHGABAT: Saudi Arabia has expressed support for the Ashgabat-initiated project on construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) transnational gas pipeline.
This was announced at...
Oil slips away from 2019 highs as surging US supply undermines OPEC cuts
OPEC-member and top crude exporter Saudi Arabia is expected to reduce shipments of light crude oil to Asia in March as part of the effort to tighten markets
Senate approves setting up of tribunal to challenge Nepra decisions
ISLAMABAD: A key legal change has been approved by a senate body to clip the powers wielded by National Electric Power and...
Oil prices extend gains on expected OPEC-led supply cuts
International Brent crude oil futures were up 40 cents, or 0.7 percent, at $62.09 per barrel
OGDCL, MOL Group sign MoU on strategic cooperation
ISLAMABAD
The Oil and Gas Development Company Limited (OGDCL) and MOL Group have announced forming a strategic cooperation initiative for evaluating future potential...
Oil drops as OPEC makes supply cut dependent on Russian support
Oil producers have been hit by a 30 percent plunge in crude prices since October as supply surges just as the demand outlook weakens amid a global economic slowdown
Gaslight at the end of PSX tunnel
The week ending on October 14 had been precarious for the PSX and investors as political tensions gave the market a good...
Sufficient POL stocks available for next 15 days: Petro Division
ISLAMABAD: There is sufficient stock of the petroleum products available in the country for next 15 days, a spokesman of the Petroleum...
NEPRA hikes power tariff by 10 paisa per unit
ISLAMABAD:Â The National Electric Power Regulatory Authority (NEPRA) on Wednesday allowed an increase of 10 paise per unit in the power tariff for...
Loan size for Rabi crops being raised to Rs30,000 under E-credit scheme
Minister was told in the meeting that under E-credit scheme interest-free loans of Rs 453,682 had been provided during last four seasons while loans of 32.027 percent were being provided during the ongoing season
Parliamentary panel dismisses KP industry’s claim of gas overbilling
ISLAMABAD: A parliamentary panel dismissed Khyber-Pakhtunkhwa industries claim of overbilling after Sui Northern Gas Pipeline’s (SNGPL), managing director promised to resolve the...