Bifurcation of MEPCO, LESCO and PESCO after decisions by respective BODs: Awais Laghari 

ISLAMABAD: Power Division Federal Minister Sardar Awais Ahmed Khan Laghari has directed that bifurcation of MEPCO, LESCO and PESCO must be decided by the...

Watershed management helped to raise Mangla’s life to 269 years

LAHORE: Pakistan Water and Power Development Authority (WAPDA) Chairman Lt Gen (R) Muzammil Hussain on Wednesday visited Mangla Watershed Management Project to...

Oil prices steady but questions raised over recent bull run

SINGAPORE:  Oil prices held steady on Thursday after falling late in the previous session, supported by ongoing supply cuts led by OPEC...

OCAC warns of legal action against Honda Pakistan

ISLAMABAD: Honda Pakistan on Wednesday was issued a warning by Oil Companies Advisory Council (OCAC) to take back its complaint about sale...

US envoy, minister discuss energy cooperation between Pak, US

ISLAMABAD: US Ambassador in Pakistan David Hale on Wednesday called on Power Division Federal Minister Sardar Awais Ahmed Khan Laghari here. During the...

Power Division Minister orders inquiry against Rs2.45bn loss by Jamshoro Power Company

ISLAMABAD: Taking serious notice of Rs 2.45 billion loss allegedly registered by the Jamshoro Power Company (777 MW Jamshoro Power Plant) in...

Oil Tankers and Contractors Association to go on strike from Nov 13

KARACHI: All Pakistan Oil Tankers Association (APOTA) Chairman Yousuf Shahwani has said that the countrywide strike will start from November 13. Yousuf Shahwani...

Market Daily: KSE100 gains 18.45 points as Sharif family is summoned by the court

LAHORE: The Pakistan Stock Exchange (PSX) ended around its open levels. The KSE 100 index jumped up 231.68 points to intraday high...

New oil, gas reserves discovered in Attock

ATTOCK: Pakistan Oilfields Limited has discovered new oil and gas reserves at TAL Block, increasing the hydrocarbon reserves of the country. POL has...

Senate sub-committee for judicious fund utilisation in gas producing districts

ISLAMABAD: Sub-Committee on the Senate Standing Committee on Energy Monday underlined the need for judicious utilisation of development funds in oil and...

Oil prices reach two-year highs, as markets tighten, Saudi crackdown

SINGAPORE: Oil prices hit their highest levels since July 2015 early on Monday as markets tightened, while Saudi Arabia’s crown prince cemented...

The cost of surplus power

Prime Minister Shahid Khaqan Abbasi recently said that the country would experience an electricity surplus in the region of 2,400-3,400 MW by...

Engro sets sight on early 2019 for start of new LNG terminal in Karachi

KARACHI: Pakistani conglomerate Engro Corp expects to complete building its second liquefied natural gas (LNG) terminal in early 2019, a senior company...

OCAC refutes Honda’s allegation, says fuel sold locally meets regulatory requirements

ISLAMABAD: Pakistan’s fuel suppliers said on Friday that gasoline sold locally meets regulatory requirements following a complaint filed by Honda Motor Co’s...

15 projects of alternative energy to be completed by Nov 2018: Sardar Awais

ISLAMABAD: Power Minister Sardar Awais Ahmed Khan Leghari on Friday said 15 projects of alternative energy will be completed by November 2018,...