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...
Local LPG production touched 1.918m tons in last three years
Islamabad: Local production of Liquefied Petroleum Gas (LPG) remained over 1.918 million metric tons (mmt), imports 0.840 mmt, sales 2.559 mmt during...
Nepra approves reduction in power tariff of Rs1.70 per unit for July
Islamabad: National Electric Power and Regulatory Authority (NEPRA) on Wednesday approved a tariff refund of Rs1.70 in electricity rates due to fuel...
Govt pondering to lay oil pipeline in light of tanker strikes
Islamabad: The continuing threats of strikes by the Oil Tankers Association, has made the government reconsider its plans and the Economic Coordination...
CNG sector hopeful of resurgence says: APCNGA
Islamabad: The All Pakistan Compressed Natural Gas Association (APCNGA) expressed confidence on Tuesday in a strong revival of the CNG sector on...
AGP audit report reveals Rs1.32t financial misappropriation in power sector
Islamabad: Rs1.32t worth of financial misappropriation, irregularities, recoveries and overpayments have been said to be found by the auditor-general of Pakistan (AGP)...
PQA earns approx $91mn through LNG operations
ISLAMABAD
The Port Qasim Authority (PQA) has earned revenue of approximately $ 91 million from LNG operations since the inception of first LNG...
Oil tankers association strike called off amidst reassurances from Sindh Governor
Karachi: The All Pakistan Oil Tankers Association (APOTA) has called off its plan to hold a strike which was due to start...
Trafigura to acquire 51pc stake in Pakistani oil marketing company, Admore
Lahore: Geneva based Swiss oil trading company Trafigura has shown an interest in acquiring Pakistani oil marketing company Admore for $40m.
Trafigura is...
Sinopec may be awarded oil and LNG supply contract
Islamabad: Sinopec, one of China’s largest energy conglomerate could be assigned multi-billion-dollar oil import and LNG supply contracts on a government-to-government approval...
Neelum-Jhelum, Tarbela hydro projects likely to start working by early 2018
ISLAMABAD: Two hydel power projects, 969 MW Neelum-Jhelum Hydel Power Project (NJHP) and 1,410 MW Tarbela 4th Extension project, of total 2379Â MW...