Oil and gas sector contributed Rs1 trillion in revenues to national exchequer during 2016-17
Islamabad: A local newspaper has reported that the oil and gas sector was the major contributor to national exchequer by contributing over...
4,000MW electricity to be added in system, loadshedding to end in Nov: Abid
ISLAMABAD
Minister of State for Power Chaudhry Abid Sher Ali Thursday said the country had achieved the highest-ever power generation of 20,000 megawatts...
Country’s energy sector to emerge as key factor in elections run-up: ADB
LAHORE
The energy sector is again emerging a key factor in the political landscape of Pakistan in the run-up to its national elections...
Balochistan govt considering out of court settlement proposal for Reko Diq
Islamabad: An out of court settlement for the Reko Diq copper and gold mining project has been proposed to the Balochistan government...
PSX suffered worst monthly decline since May 2010
Karachi: The Pakistan Stock Exchange (PSX) endured its worst month of trading in seven years as continuing political and economic uncertainty plagued...
Oil markets turbulent in wake of North Korea nuclear test
Singapore: Oil markets were volatile on Monday, with US crude rising on production shutdowns while international Brent was pulled down by a...
KAPCO’s 660MW coal power project shelved
LAHORE
The Kot Addu Power Company’s (KAPCO) 660MW coal power project has been put on hold, after a shift in government’s stance toward...
Red tape holding ministry of energy’s take off
Islamabad: The Ministry of Energy has failed to take off due to its failure to remove irritants in the functioning of power...
Puma Energy acquires 51pc stake in Pakistani OMC Admore
Karachi:Puma Energy Limited, whose largest shareholder is commodities trader Trafigura has inked an agreement with Admore Gas Private Limited to acquire 51pc...
Oil and gas sector to be focus of attention in today’s ECC meeting
Islamabad: The first meeting of the reconstituted Economic Coordination Committee (ECC) has been called on Tuesday, by the PM Shahid Khaqan Abbasi.
The...
Prices for petroleum products may remain unchanged for September
Islamabad: The government has decided to maintain the same rates of petroleum products in the forthcoming month of September.
Credible sources disclosed that...
ADB smart meter project hits snags
Islamabad: The $400m smart meter project championed by Asian Development Bank (ADB) has hit snags, as the scheme is said to be...
Pakistan may import POL, LNG from Maldives once IGA gets signed
Islamabad: Energy ministry sources have revealed that once Pakistan and Maldives sign an Inter-Governmental Agreement (IGA), it is expected that Pakistan will...
KP govt floats proposal for getting exploration rights without bidding
Islamabad: Khyber-Pakhtunkhwa (KP) government has floated an idea for getting petroleum exploration rights which would be granted to provincial energy companies for...
PPL spent Rs6.322b under CSR in last six years
Islamabad: Pakistan Petroleum Limited (PPL) has spent around Rs 6.322 billion under Corporate Social Responsibility (CSR) obligation in different oil and gas...