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...
CPPA approaches Nepra to approve tariff refund of Rs1.71 for July
Islamabad: Central Power Purchasing Agency (CPPA) on Thursday submitted an application for tariff refund of Rs1.71 for July 2017 to National Electric...
CNG sector set to be waived off 50pc payment owed under GIDC
Islamabad: The Gas Infrastructure Development Cess (GIDC) Act 2015 is planned to undergo some revisions by the incumbent government, which would allow...
87pc of work completed on Tarbela 4th extension power project
Islamabad: Around 87 per cent work has been completed on the Tarbela 4th Extension Power Project so far and its Unit 17...
Polish company to drill 14 exploration wells for hydrocarbon reserves
Islamabad: A Polish oil and gas company, PGNiG, would drill 14 exploration wells in hydrocarbon potential areas during the current year.
"The company...
Delay in commercial operations of three LNG power plants
ISLAMABAD: Three under-construction 3600 MW LNG-fired power plants face troubles as they are still on the trial runs that could lead to...
Govt keen to double LNG imports by signing agreements with Algeria and Nigeria
Islamabad: With the growing energy demands, the current government seems determined to sign agreements with big African LNG exporters Nigeria and Algeria.
The...
Petroleum production grew by 3.39pc during FY 2016-17
Islamabad: Petroleum production grew by 3.39 percent during 11 months of last fiscal year from July to May as compared to same...
Oil prices claw up slightly amidst reported fall in US crude stocks
Singapore: Oil prices edged up on Thursday, clawing back some ground after losses in the previous session.
Traders said the market was range-bound...