Dar gives go-ahead to Rs 5.6b power project

Finance Minister Ishaq Dar has given the go-ahead to a Rs 5.6 billion power sector project aimed at converting existing 220kV substations...

Technology giants Microsoft, Google and Amazon lead stock rally

NEW YORK: Some of the biggest companies in the world had their best day in years Friday as Microsoft and Alphabet soared...

Prime minister hails Mari Petroleum

ISLAMABAD: Prime Minister Shahid Khakan Abbasi during his visit at the closing session of Annual Technical Conference (ATC) and Oil Show 2017...

Oil slides towards weekly loss on excess supply worries

LONDON: Oil prices fell for a sixth day on Friday, and were on track for their biggest weekly loss in 10 months, as...

Government directs OMCs to prioritise sale of domestic petrol

The federal government in a bid to minimise loss of foreign exchange and misuse of inland freight equalisation margin (IFEM) has directed...

Exxon Mobil struggles in wake of major investment write-down

HOUSTON: Exxon Mobil Corp’s $200 million write-down last month on abandoned ventures in Russia - once its next big frontier - points...

Oil prices fall, as US trade war with China rattles markets

SINGAPORE: Oil prices dipped on Tuesday, easing after strong gains in the previous session when hopes that trade disputes between the United...

Asian shares open firm, oil down as Syria fallout seen limited

SYDNEY: Share markets started firmer in Asia on Monday amid relief U.S.-led strikes on Syria looked like being a one-off event that...

Oil prices edge up amid uncertainty over fallout from Iran sanctions

The most-active Brent crude futures contract, for December, had risen 18 cents, or 0.22 percent, to $81.56 per barrel by 0126 GMT. That was close to a four-year high of $82.55 struck on Tuesday

KSE-100 index posts 7.8% YoY increase in profit for nine months of 2018

Profitability of KSE-100 index increased by 0.8% YoY during the third quarter of 2018

PGP still interested in establishing Pakistan’s third LNG terminal

The AG chairman declared the terminal will be commissioned in the 1st quarter of 2020

Asian shares fall on poor Chinese economic data

Japan’s Nikkei 225 index slid 1.7 percent to 21,439.16 and the Kospi in South Korea lost 1.2 percent to 2,070.70

Cumulative output of Port Qasim power plant exceeds 7.5 billion kWH

The tariff of Port Qasim power plant is below the average tariff level in Pakistan

Chinese Consul General inaugurates LPG terminal in Gwadar

QUETTA: Chinese Consul General in Karachi Li Bijiann inaugurated the first liquefied petroleum gas (LPG) Terminal in the port city of Gwadar the...

Patrind hydro-power plant gets connected to national grid: NTDC

Lahore: The National Transmission and Despatch Company Limited (NTDC) on Tuesday said that one unit of the Patrind hydro-power plant has started...