Car assemblers facing technical problems due to substandard fuel: PAMA
ISLAMABAD: Honda’s complain regarding substandard fuel being provided by OMC’s has opened a hornet’s nest, as it has led to a creation...
Endeavours to boost installed power capacity, generation bearing fruits
ISLAMABAD: The endeavours made during last four years have helped in boosting installed capacity of electricity in the country through various sources,...
OGRA to suspend license of OMCs based on Honda’s complaint
ISLAMABAD: The Oil and Gas Regulation Authority (OGRA) has received a report from the committee probing sale of adulterated petrol.
It was earlier...
Govt all set to launch media campaign for public to adopt solar energy
ISLAMABAD: Sensing the likely failure in getting rid of the load-shedding, the government is now all set to launch a media campaign...
PM chairs meeting on net hydel profits; issue amicably resolved
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi chaired a high-level meeting on the issue of net hydel profits here at the PM’s Office...
HUBCO signs agreement with PPIB for 330 MW coal project in Thar block
KARACHI: Hub Power Company Limited (HUBCO), the largest independent power producer in Pakistan, has signed the implementation agreement for its one 330...
Vitol Dubai acquires 1.26m shares of Hascol for Rs126m
LAHORE: One of the world’s biggest independent oil trading entities, UAE-based Vitol Dubai Limited has purchased 1.26m shares of Hascol Petroleum Limited...
US set to become leader in crude and gas production, says: IEA
LONDON: Oil will continue growing as a source of energy for over two decades, with the U.S. set to become the undisputed...
Failure to lift furnace oil could cost PSO millions of dollars
ISLAMABAD: The government’s ban on furnace oil-based power plants has created a financial nightmare for Pakistan State Oil as it faces payments...
Diamer-Bhasha dam gets excluded from CPEC
ISLAMABAD: China’s demand of ownership rights and other strict conditions for Diamer-Bhasha dam has forced Pakistan to exclude this project from China-Pakistan...
Ex-Finance minister refused to release funds for Naulong Dam
ISLAMABAD: Ex-chairman Water and Power Development Authority (WAPDA) Shakil Durrani on Tuesday urged the Public Accounts Committee (PAC) to call former finance...
Oil prices fall after IEA casts uncertainty over demand outlook
SINGAPORE: Oil prices tumbled on Wednesday, continuing Tuesday’s slide after the International Energy Agency cast doubts over the past months’ narrative of...
Pakistan looking towards partnerships with foreign companies in energy sector
KARACHI: Petroleum Division Minister Jam Kamal Khan has said the country has significant consumption of energy, with its GDP growth anticipated at...
PM chairs ECC meeting regarding taxation, refinancing, guarantees
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi chaired the meeting of Economic Coordination Committee of the Cabinet at PM Office today.
The meeting approved...
Tarbela 4th extension project to be commissioned in Feb: WAPDA Chairman
LAHORE: The long-awaited Tarbela 4th Extension Hydropower Project will be commissioned in February 2018 with its first unit going into operation, while...