PM expected to request Qatar for supplying LNG on deferred payment

The PM is likely to request a concessional loan similar to the one provided by the United Arab Emirates and Saudi Arabia to bolster the country’s dwindling foreign exchange reserves

US sanctions over Iran oil will ‘intensify Mideast turmoil’: China

BEIJING: China warned on Tuesday that the US decision to impose sanctions on buyers of Iranian oil will "intensify turmoil" in the...

OGRA issues 98 permits to streamline LPG supply  

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has issued around 98 different permits to streamline matters related to the Liquefied Petroleum...

Cabinet likely to freeze electricity tariff till June 2020

ISLAMABAD: The federal cabinet is likely to grant an approval to an action plan devised by the Power Division to keep the...
Petrol pumps

Government initiates inquiry against oil companies

ISLAMABAD: The federal government has initiated an inquiry against Oil Marketing Companies (OMCs) that will ascertain their alleged involvement in the current...

Ahead of Elections 2018, govt approves issuance of new gas connections

The incumbent government is all set to initiate new gas supply schemes in constituencies of its key politicians in an attempt to...

LCCI demands shifting of industrial connections to old Sui gas

The Lahore Chamber of Commerce and Industry (LCCI) has demanded that  Sui Northern Gas Pipeline Limited (SNGPL) shift back the industrial connections from...

OGDCL pondering acquisition of exploration & production company abroad

Karachi: Oil and Gas Development Company (OGDC) is pondering on acquiring an exploration and production company in Africa or the Middle East...

OGDC discovers new gas reserves in Sukkur

Karachi: In a notification sent to the bourse on Friday, Oil and Gas Development Company (OGDC) announced that it had discovered gas...

OGDCL profits disappoint as increase of 6.3pc reported for FY 2016-17

Karachi: In a notification sent to the bourse on Friday, Oil and Gas Development Company Ltd announced its results for the financial...

Govt imposes Rs 4,669 per ton levy on locally-produced LPG

ISLAMABAD: Apparently to benefit the importers at the cost of people using LPG as fuel, the government has notified imposition of petroleum...

Pakistan rejects Trafigura, Gunvor LNG shipments

LONDON: Pakistan LNG Ltd has decided against awarding in a tender three liquefied natural gas (LNG) cargoes due to be delivered by...

Loadshedding could rise, as power crisis expected to worsen

ISLAMABAD: The governments promise of ending power outages seems farce as reduction in gas supply caused power plants generating 3,000MW of electricity...

Ogra recommends Rs4.06 per litre hike in petrol prices for January

ISLAMABAD: Oil and Gas Regulator Authority (OGRA) has forwarded summary to the government for raising prices of petroleum products from five to...

Industries of Sindh, Baluchistan to be provided RLNG soon: SSGC Chairman

KARACHI: The industries of Sindh and Balochistan would soon be provided with RNLG, said Chairman SSGC Lt. Gen.(rtd) Javed Ashraf on Wednesday. This...