Oil prices remain unchanged, as markets remain stagnant
SINGAPORE: Oil markets were stable on Monday, hovering around Friday’s levels as a lack of conclusive market indicators prevented prices from swinging...
Pakistan LNG Terminal, MD Azam Soofi reportedly sacked
ISLAMABAD: Pakistan LNG Terminal Limited (PLTL), Managing Director Azam Soofi has been reportedly dismissed from his post on December 15th, by the...
Thar coal cheapest option in the energy supply chain: FPCCI
ISLAMABAD: The Businessmen Panel of the FPCCI on Saturday said Thar coal remains cheapest option for power generation in the energy supply...
Coal’s share to jump to 24 pc in the energy mix: FPCCI
ISLAMABAD: The Businessmen Panel of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Saturday said commercial production of electricity...
Govt agrees to clearly defined roles for CCI, CCOE
ISLAMABAD: The roles of federal forums Energy, Economic Committees of the Cabinet and Council of Common Interests (CCI) will have clearly defined...
PSO’s receivables balloon to over Rs300 billion
ISLAMABAD: Pakistan State Oil’s financial woes continue as its receivables are said to have swelled over Rs300 billion.
The state-owned oil marketing giant is...
E&P companies eyeing to tap deposits of oil & gas in KP
ISLAMABAD: Oil and gas Exploration and Production (E&P) companies have intensified their drilling activities to tap recoverable reserves of around Trillion Cubic...
Pakistan’s LNG imports will keep rising, fuel demand to halve by 2020: Report
LAHORE: S&P Global Platts survey of several companies has revealed Pakistan’s rising LNG imports will contribute to fuel demand halving by 2020,...
Oil prices firm, as increasing US output emerges for 2018
SINGAPORE: Oil markets were stable on Friday as the Forties pipeline outage in the North Sea and the ongoing OPEC-led production cuts...
Progas challenges ICSID court decision in Pakistan’s favour
ISLAMABAD: A court decision in London which came in favour of Pakistan has been challenged by Progas Pakistan shareholders.
Progas Pakistan which is...
Economic pundits see no end to Pakistan’s economic slide
ISLAMABAD: Pakistan's economy has been on a steady downward slide with no end in sight, some experts say, with the currency dropping,...
Price of petroleum products less in Pakistan as compared to neighbouring countries
ISLAMABAD: Petroleum Minister Jam Kamal on Thursday informed the National Assembly that prices of petroleum products are less in Pakistan as compared...
PGPL to try flowing gas through 2nd LNG terminal today
ISLAMABAD: Pakistan GasPort, the country’s second liquefied natural gas (LNG) import terminal, plans to try injecting gas back into the facility’s onshore...
EETPL, SSGC sign agreement for additional LNG supply
KARACHI: Sui Southern Gas Company (SSGCL) and Engro Elengy Terminal Private Limited (EETPL) entered into an agreement for procurement of additional 200mmcfd...
Managing Director, PLTL criticized for penalizing PGPL
ISLAMABAD: Delays in procurement and earlier commissioning of second Liquefied Natural Gas terminal built by Pakistan GasPort Limited (PGPL), which resulted in...