NA body defers meeting to decide power tariff hike
LAHORE: The National Assembly’s Standing Committee on Commerce deferred on Thursday a meeting, earlier scheduled to be held tomorrow (Friday) in Islamabad...
Oil continues to tumble after previous session’s slide
Oil prices fell by more than $1 on Thursday, extending the previous session's sharp losses as an uncertain demand outlook overshadowed any...
Oil dips on swelling U.S. stocks, but expected OPEC supply cut stems losses
Front-month Brent crude oil futures were at $63.28 per barrel, down 20 cents, or 0.3 percent, from their last close
Asian shares edge higher with Fed meeting in focus
Japan’s Nikkei 225 index added 0.8 percent to 21,536.85 and the Kospi in South Korea gained 0.3 percent to 2,074.51
Oil rises on expected OPEC cuts, but surging U.S. supply drags
OPEC’s de-facto leader Saudi Arabia wants the cartel and its allies to cut output by about 1.4 million barrels per day (bpd), around 1.5 percent of global supply, sources said this week
Govt should take steps to control surge in power outages, demands ICCI
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) Acting President, Muhammad Naveed Malik has called upon the government to take urgent measures...
Power tariff scaled up by Rs1.25 per unit
ISLAMABAD:Â The National Electric Power Regularity Authority (NEPRA) has given the approval to increase power tariff by Rs1.25Â per unit.
This approval of the...
ECNEC approves over Rs211bn power, social sector projects
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) Friday approved worth Rs 211.691 billion development projects including Rs 43.99 billion...
Sindh CM demands representation on board of K-Electric, SSGC
KARACHI: In wake of the power crisis afflicting Karachi, the Sindh government on Friday said it was looking to get representation on...
Syria war, OPEC compliance propping up oil price: IEA
PARIS: Fears of fresh escalation in Syria’s war coupled with compliance with a pledge by the OPEC cartel and Russia to limit...
Russia remains biggest supplier of crude oil to China
BEIJING: Russia held its position as China’s top crude oil supplier for the eighth month in a row in October, customs data...
Oil prices decline, as US crude output soars
SINGAPORE: Oil prices fell on Tuesday, extending losses from the previous session, as the inexorable rise in U.S. crude output weighed on...
Oil prices mixed but expected output increase drags
The spread between Brent and WTI crude stands at around $8.7 a barrel, the widest since March 2015 due to the depressed price of U.S. crude compared to Brent
Electricity access to least developed countries could bring them out of poverty: UN report
BANGKOK: The world’s least developed countries need access to electricity if they are to break out of poverty, according to a U.N....
Energy imports surge 23.7 percent on back of oil price rises, rupee devaluation
Imports of petroleum crude surged 66 percent in dollar-denomination and 29 percent in volumetric termsto $4.22 billion and 10.40 million tons, said PBS