Chinese investments in OBOR energy projects fell 28 percent in 2017: Report

LAHORE: Data outed by Boston University’s Global Development Policy Center revealed Chinese investments in One Belt, One Road (OBOR) energy projects fell...

Artificial Intelligence can help power utilities increase their efficiency

FRANKFURT: Utilities can increase their efficiency by using more artificial intelligence (AI) technology, such as software to predict demand swings in the...

SNGPL to lay 38 km pipeline for boosting gas supply to Hayatabad industrial estate

ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) will start construction work on the 38-kilometer Darra Adamkhel to Hayatabad pipeline during the current...

Guddu power plant set to be converted into AGP technology

LAHORE: Guddu combined-cycle power plant is all geared up to be upgraded to Advance Gas Path (AGP) technology which would massively reduce...

Unbundling of Sui gas companies hits snags

ISLAMABAD: The proposed unbundling of Sui gas companies appears to have hit snags, as it seems the gas sector reforms would be...

Oil prices jump, as U.S drilling activity falls

SINGAPORE: Oil markets climbed on Monday on the back of a drop in the number of U.S. rigs drilling for more production...

Rs7 billion investment expected from OMCs for establishment of storage infrastructure

KARACHI: An estimated Rs7 billion investment is expected over the next three years from upcoming oil marketing companies (OMCs) for establishment of...

Construction of petrochemical park at Gawadar starts

ISLAMABAD: Balochistan government and Chinese consortium signed a Memorandum of Understanding (MoU) for another CPEC project of construction of Petro-Chemical Park at...

Macron pledges 700 million euros for new solar projects in developing countries

NEW DELHI: French President Emmanuel Macron on Sunday pledged hundreds of millions of dollars for solar projects in developing countries, as world...

LCCI for measures to control power sector’s circular debt

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) Saturday expressed concerns over increased circular debt in the power sector and feared dire...

Balochistan govt working to meet energy requirements

ISLAMABAD: Balochistan government has taken effective steps to meet energy requirements in remote areas of the province. An official of Provincial Energy Department...

PM inaugurates 1410MW hydropower project at Tarbela

TARBELA: Prime Minister Shahid Khaqan Abbasi on Saturday inaugurated 1410 MW Tarbela 4th extension hydropower project. Azad Jammu and Kashmir President Sardar Masood Khan,...

Lab tests reveal use of chemicals to increase petrol quality

LAHORE: According to lab tests conducted my Hydrocarbon Development Institute of Pakistan (HDIP) and Oil and Gas Regulatory Authority (OGRA), importers and...

Govt decides to continue with power surcharges

  LAHORE: The federal government on Friday, decided to carry on with electricity surcharge of Rs2.35 per unit for all electricity consumers, reported a...

Pak businesses should get benefits from special economic zones under CPEC: Chinese Ambassador

ISLAMABAD: Ambassador of China to Pakistan, Yao Jing has said that the business community of Pakistan should get benefits from special economic...