Govt to hold new round of bidding for petroleum exploration blocks
ISLAMABAD: The government under immense pressure from provinces has finally decided to hold a fresh round of bidding for petroleum exploration blocks...
Gasport, FBR locked in dispute over Rs1.5 billion custom duty payment
ISLAMABAD: The second LNG gas terminal which has been a bone of contention and controversy since its inauguration last month is now...
New SME policy to provide Rs6 billion for solar, hydro, wind energy projects
KARACHI: The government has made Rs6 billion available at a subsidized rate of 6 percent for renewable energy projects for hydro, solar,...
WAPDA introduces revised daily wages, contingent based appointment policy
ISLAMABAD: The Pakistan Muslim League-Nawaz government has approved the revision in the daily wages and contingent based appointment policy for Water and...
Blockchain empowers energy markets, as adoption widens
SINGAPORE: Â Energy startups have been using blockchain to power electricity sharing in microgrid trials from Texas to Tasmania for a year or...
Government accepts provinces demand to share oil and gas data
ISLAMABAD: The government according to sources has acceded to Khyber Pakhtunkhwa’s demand of providing it access to real-time oil and gas production...
IRSA to cut water supply to provinces from December 25Â
ISLAMABAD: Electricity load shedding might increase amid chilling weather as the Indus River System Authority (IRSA) has decided in consultation with the...
IRSA to close canals from Dec 26 to Jan 30 for de-silting
ISLAMABAD: The Indus River System Authority (IRSA) has decided in consultation with the provinces to close the canals for annual maintenance and...
PetroChina to acquire storage facilities, petrol pumps in Pakistan
BEIJING: PetroChina’s oil and gas trading arm aims to buy petrol stations and fuel storage facilities, setting up business in Pakistan, West Africa,...
OGRA forwards final proposal for freight charges revision to APPCCA
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) Thursday finalized and forwarded its proposal to All Pakistan PSO Cartage Contractors Association (APPCCA) about...
Gas consumers to bear extra cost of new gas supply schemes
ISLAMABAD: The federal government’s proposal to provinces of bearing cost of new gas supply projects near gas fields has been rejected outright,...
Refineries mull furnace oil exports, to restart production
LAHORE: Pakistan’s decision to move to Liquefied Natural Gas in place of furnace oil for fuel generation purposes has created a conundrum...
Oil prices remain unchanged, as North Sea pipeline expected to restart operations by January
NEW YORK: Oil prices were little changed on Thursday, erasing earlier losses after the operator of Britain’s Forties pipeline in the North...
Pak-Russia big energy deal likely very soon
ISLAMABAD: Pakistan and Russia are close to formally signing bilateral agreements within days for the supply of gas and construction of two...
PM to inaugurate PAPCO’s White Oil Pipeline Mogas project
ISLAMABAD: Honorable Prime Minister of Pakistan Shahid Khaqan Abbasi will be the chief guest at the groundbreaking ceremony of White Oil Pipeline...