Second LNG terminal set to commence operations by November 24th
ISLAMABAD: Preparations are complete for the opening of Pakistan’s 2nd Liquefied Natural Gas (LNG) terminal at Port Qasim as Pakistan LNG Terminals...
Wind power has 1.23pc share of energy mix in Pakistan
ISLAMABAD: Wind power now constitutes 1.23pc share of Pakistan’s energy mix and increased 0.46 percentage points by September 2017.
Alternative Energy Development Board...
IPPs seek PM Abbasi’s help to avert financial crunch
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi has been approached by Independent Power Producers (IPPs) to resolve a deadlock that resulted in the...
Oil prices claw up, but register first weekly decline in six weeks
NEW YORK: Oil rebounded more than 2 percent on Friday after falling for five straight session as a major U.S. crude pipeline...
Non-performing CEOs to be replaced if targets not met
ISLAMABAD: Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari has directed that non-performing chief executive officers of the distribution companies...
FIA starts enquiry into Mari Petroleum scam
ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) government has allegedly caused gigantic loss worth Rs 600 billion to the national exchequer through changing the...
Sindh all set to produce over 1,000 MW clean power by 2018
KARACHI: Sindh is all set to produce over 1,000 megawatts of renewable energy just on the basis of wind power by the...
Khawaja Asif worries over the initiation of inquiries, ban on recruitment by Leghari
ISLAMABAD: Foreign Affairs Minister Khawaja Muhammad Asif is to some extent worried over the instant initiation of inquiries and imposition of ban...
LNG import project consortium dissolved
LONDON: A consortium behind a liquefied natural gas (LNG) import project in Pakistan, including oil giant ExxonMobil, France’s Total and Qatar Petroleum,...
SSGCL to lay 567km pipelines for gasification of 137 villages of Sindh, Balochistan
ISLAMABAD: Sui Southern Gas Company Limited (SSGCL) will lay 567-kilometre pipelines for gasification of 137 villages of Sindh and Balochistan provinces at...
Displeasure, warning, show cause notices to CEOs of DISCOs
ISLAMABAD: Perturbed over noncompliance of directions regarding accurate meter reading and consumer billing, Power Division Federal Minister Sardar Awais Ahmed Khan Laghari...
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...
Oil prices steady as OPEC expected to extend production cuts
SINGAPORE: Oil markets were stable on Thursday as rising U.S. crude production and inventories were countered by expectations that OPEC will extend...
KPOGCL CFO takes back allegations and leaves job
PESHAWAR: In a bizarre twist, Khyber-Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) Chief Financial Officer left his job and the city last...
Pakistan seeks price reduction in gas tariff of TAPI pipeline
ISLAMABAD: The government is seeking reduction in gas prices from Turkmenistan by linking it with Brent Crude Oil rates under a revised...