Price hike: Petrol price up Rs3.56 per litre

ISLAMABAD: Following OGRA’s recommendations, the government here on Wednesday announced another price hike in the price of petrol by Rs3.56 per litre...

PTEA urges govt to remove major obstacles in export growth

FAISALABAD: The Pakistan Textile Exporters Association (PTEA) has urged the government to immediately remove obstacles affecting export growth. An extreme cash flow...

Oil prices decline, on back of weak Chinese, Japanese industrial data

TOKYO: Oil prices fell on Wednesday as weak Chinese and Japanese industrial data triggered concerns of an economic slowdown that could lower...

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...