PPIB MD removal to be deliberated upon in next BOD meeting
ISLAMABAD: Private Power and Infrastructure Board (PPIB) board of directors are set to deliberate upon whether to remove the current Managing Director,...
Petrol, diesel prices expected to go up by Rs3.56 & Rs6.99 per litre
ISLAMABAD: Petrol prices are expected to be jacked up by over Rs3.56 per litre, as diesel prices will also see a hike...
Iran seeks $1.2 billion damages for shelving of IP gas pipeline
ISLAMABAD: Pakistan now faces another international arbitration case as Iran threatened to take the country to The Hague for unilaterally shelving the...
US to assist Pakistan in establishment of Renewable Energy Institute and formulation of energy policy
ISLAMABAD: The United States will explore ways and means to assist the Power Division in the establishment of Pakistan’s First Renewable Energy...
Awais Leghari directs DISCOs to clear backlog, implement application tracking by March 15
ISLAMABAD: Federal Minister for Power Division Sardar Awais Ahmed Khan Legahri has directed distribution companies (DISCOs) CEOs to clear the backlog of...
SSGC continues operation to curb gas theft, multiple perpetrators caught
KARACHI: There has been no let-up in Sui Southern Gas Company’s (SSGC’s) drive against the menace of gas theft as it shuts...
Oil prices consolidate gains, on signs of stronger demand
TOKYO: Oil prices extended gains on Tuesday, supported by signs of stronger demand, robust production curbs led by OPEC and a slight...
CCI offers provinces to take full control of electricity, gas generation
ISLAMABAD: The provinces during a meeting of the Council of Common Interests (CCI) on Monday have been offered to take full control...
Ex-QESCO chief barred from becoming Nepra member
ISLAMABAD: The appointment of a member of the National Electric Power Regulatory Authority (NEPRA) has been delayed due to allegations of power...
Over 150 companies submit bids for Sheikhpura-Peshawar oil pipeline
ISLAMABAD: The Sheikhpura-Peshawar oil gas pipeline received a heartening response with over 150 entities buying tender documents to take part in the...
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...
Japan Power proceeds “ex-parte” against Siemen Pakistan’s petition
LAHORE: A bourse notification filed Monday by Japan Power Generation Limited revealed has proceeded ex-parte against Siemen Pakistan Engineering Co. Limited’s petition...
Govt approves scheme to offer one million additional gas connections before elections
ISLAMABAD: As countdown to election starts, the PML-N government has accelerated the drive of offering one million additional gas connections for domestic...
Oil prices hover around two-week-highs
TOKYO: Oil prices held little changed near two-week highs early on Monday, supported by comments from Saudi Arabia that it would continue...
Rs10911.278mn released for petroleum sector in eight months under PSDP
ISLAMABAD:The government has released Rs10911.278 million for the Petroleum and Natural Resources Division under the Public Sector Development Programme (PSDP 2017-18) during...