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...

Saudis ready to swing oil market into deficit

MOSCOW: Saudi Arabia is undergoing a truly seismic shift in its economy, politics, and society, all thanks to the oil price crash...

ICCI calls for reducing power losses to save industry from load shedding

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has called upon the government to take urgent measures for reducing power sector...

Khawaja Asif meets Gazprom chairman, agree to enhance cooperation

ISLAMABAD: Foreign Minister Khawaja Muhammad Asif met Gazprom Chairman Alexey Miller in Saint Petersburg, on Thursday, during his official visit to the...