Does KAPCO have life beyond its PPA expiration? Some analysts think so
The company’s ability to generate electricity from LNG imports may position it well relative to other IPPs in the sector
Balochistan not cooperating over finalization of Rs86b discount in electricity bills
The power division in writing informed the ECC that the Balochistan government had not offered any comments despite constant reminders
China offers to include Bhasha Dam project under CPEC
Islamabad: The National Assembly Standing Committee on Planning, Development and Reform was informed on Monday that China had offered Pakistan to bring...
Two new power plants to add 1650 MW to national grid
The government signed four agreements on Wednesday to set up two coal-based power plants of a total of 1650 MWs in Hub...
Oil prices jump after top producers agree output cuts
Oil prices jumped more than three percent Monday after top producers agreed to cut output to shore up energy markets battered by...
Induction of new power plants, electricity generation cost jacks up to 24pc
LAHORE: The average electricity generation cost has been swelled up to 24 per cent following the induction of new plants, a high-level...
Industry sources accuse PBIT exacting extra fee for handling coal at Port Qasim
According to market officials, the industry had been distressed and the high fee had increased problems for it as well as the exporters
From zero to hero: Physical oil rally might be short-lived
LONDON: From Kazakhstan to the North Sea and the US, physical crude has jumped in value in recent days, but the rally...
OGRA to suspend license of OMCs based on Honda’s complaint
ISLAMABAD: The Oil and Gas Regulation Authority (OGRA) has received a report from the committee probing sale of adulterated petrol.
It was earlier...
Dar reiterates government’s determination to resolve energy issue
Islamabad
Finance Minister Senator Mohammad Ishaq Dar, Monday, while chairing a high level meeting regarding energy-related matters, reiterated the government’s determination to resolve...
Aramco eyes setting up petrochemical plant in Texas
HOUSTON: Saudi Arabia’s national oil company Saudi Aramco on Saturday is expected to disclose initial steps toward a multibillion-dollar chemical plant in...
LNG prices rise in Asia as heatwave grips Japan
Spot prices for September LNG-AS delivery in Asia were assessed at $9.75 per million British thermal units (Btu), up 25 cents from the previous week
Oil gains as govts pledge support amid coronavirus chaos
Oil prices rose on Friday as governments around the world pledged a huge injection of funds and other measures to limit the...
‘Govt to build multibillion-dollar refinery to meet energy needs’
Pakistan's Minister of State for Petroleum, Musadik Malik, on Friday announced the government's plan to build a new refinery to meet the...
Petroleum Division rescues Sui Southern MD from dismissalÂ
Questions abound about Shamshad Akhtar’s role as Chairperson SSGC after Petroleum Division clips SSGC Boards’ wings to stop removal of MDÂ