Govt likely to regulate LPG price within two weeks

ISLAMABAD The government is set to impose a levy on Liquefied Petroleum Gas (LPG) sector in a bid to collect Rs 2 billion...

Successful effort underway to address the energy crisis: Sartaj Aziz

ISLAMABAD Deputy Chairman Sartaj Aziz said that Pakistan has been suffering from a multi-dimensional energy crisis in the past decade. Power shortages coupled...

Attock Refinery profits surge up by 84.92pc for FY 2016-17

Karachi: In a notification sent to the bourse on Monday, Attock Refinery Limited (ARL) reported its results for the financial year ended...

Attock Petroleum reports 38.24pc increase in profits for FY 2016-17

Karachi: In a notification sent to the bourse on Monday, Attock Petroleum Limited (APL) reported its financial results for the year ended...

Oil prices inch upwards as Saudi’s consider extending supply cuts

Tokyo: Oil prices edged up on Monday after the Saudi oil minister discussed possibly extending a pact to cut global oil supplies...

Renewed beginnings

The 2013 National Power Policy was basically two-pronged: eliminate an average power shortfall of 5,000MW and make sure it’s done with tangible...

SNGPL, SSGC could be broken into five public distribution companies

Islamabad: The government is planning to break-up Sui Northern Gas Pipeline Limited (SNGPL) and Sui Southern Gas Company (SSGC) into five public...

SSGC strikes hard on gas thieves to reduce losses

Karachi: Sui Southern Gas Company Limited (SSGC) has started a clampdown on those involved in gas theft under purview of ‘The Gas...

Reon launches 1 MW Solar project at Service Shoe Industries

Karachi: Reon Energy Limited today announced its latest project at Service Industries Limited (SIL). The 1000 kW solar energy system will provide...

Will Aramco’s IPO be a profit dream for investors?

London: When oil giant Saudi Aramco discloses its financials for the first-time next year, it must either surprise investors with world record...

Global oil prices inch upwards in wake of Saudi supply cut

Singapore: Oil markets were mixed on Friday, with Brent crude supported by expectations that Saudi Arabia could cut its October supplies, while U.S....

Price increase sought by oil refineries for jet fuel being provided to armed forces

Islamabad: A local newspaper has reported that oil refineries are seeking a price increase in jet fuel being provided to various segments...

Parliamentary panel on energy directs Ministry of Energy and Nepra to resolve deadlock

Islamabad: A local newspaper has reported that proposed changes in Regulation of Generation, Transmission and Distribution of Electric Power Bill 2017 has...

SEMC to face water extraction difficulties at Thar coal mining site

Islamabad: After reaching 90 metres depth at Thar coal mining site, the Sindh Engro Coal Mining Company (SECMC) encountered first water aquifer, which...

Power production rose 14pc on year-on-year basis

Karachi: A local newspaper has reported a rise of 14pc in power production during July reaching 12,396.63 gigawatt-hour (GWh) from 10,991.82 GWh...