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...
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
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...
World’s biggest oil producers at odds ahead of talks on major cuts
DUBAI/LONDON: The world’s top crude oil producers Saudi Arabia, Russia and the United States remained at odds on Wednesday over how to...
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...
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...
CCoE may authorize a committee to engage with power plants for reduction in tariff of sugar mills
The move is part of the caretaker govt's concerted efforts to address escalating electricity prices.
CPPA seeks Rs1.86 per unit hike in electricity tariff
ISLAMABAD:Â The Central Power Purchasing Agency (CPPA) has sought Rs1.86 per unit hike in the power tariff under the head monthly fuel price...
Pakistan among top five recipients of PPI investment from World Bank
ISLAMABAD: Pakistan has entered the list of five largest recipients of Private Participation in Infrastructure (PPI) investment of World Bank by receiving...
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...
Ogra recommends Rs4.06 per litre hike in petrol prices for January
ISLAMABAD: Oil and Gas Regulator Authority (OGRA) has forwarded summary to the government for raising prices of petroleum products from five to...
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...
Recoveries from power consumers reach 94.4pc: Economic survey 2016-17
Pakistan’s installed capacity of power generation reached 25,100 megawatts in financial year 2016-17 in comparison to 22,900 MW a year ago. This...
Disco’s recoveries fall, as circular debt crosses Rs750 billion
ISLAMABAD: The Power Ministry on Monday acknowledged on Monday circular debt has crossed over Rs750 billion due to decrease in recoveries in...
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