Pakistan among top five recipients of PPI investment from World Bank
ISLAMABAD: Pakistan has entered the list of five largest recipients of Private Participation in Infrastructure (PPI) investment of World Bank by receiving...
Oil prices inch upwards due to signs of tightening supplies
SINGAPORE: Oil prices edged up on Friday, supported by signs of tightening supply and demand fundamentals, although a warning about excessive China...
Fee payment row impedes start of operations at second LNG terminal
ISLAMABAD: As fee payment row rages on between Fatima Fertilizer and Sui Southern Gas Company (SSGC), Pakistan LNG Terminal Limited is mulling...
Over-billing, wrong meter reading not tolerable, strict action required: Leghari
ISLAMABAD: Power Division Federal Minister Sardar Awais Ahmed Khan Laghari has said that over-billing, fake billing and wrong meter reading are not...
Oil prices steady as tensions in Middle East continue
Singapore: Oil prices were stable on Thursday, supported by ongoing OPEC-led supply cuts, tensions in the Middle East and lower U.S. production...
ICAP accords PSO number 1 rank in its list of top 100 companies
Karachi: Institute of Chartered Accounts of Pakistan (ICAP) has selected Pakistan State Oil (PSO) as the number one company in its top...
Water filling in Neelum-Jhelum hydropower project’s reservoir commences
Islamabad: The strategically important 969 MW-Neelum Jhelum Hydropower Project (NJHP) achieved a major milestone on Tuesday as water filling has been started in the...
China offers to buy 5pc equity stake in Saudi Aramco
Beijing: China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi...
Asian shares rise after Wall Street hits new highs
Tokyo: Asian stocks rose Tuesday after Wall Street’s major indexes hit new highs as China prepared to open a key political meeting.
KEEPING...
Opec compliance rate with output cut pledge stands at 86pc, says: IEA
Seoul: The Organization of Petroleum Exporting Countries (OPEC) has a compliance rate with their output cut pledges of about 86 percent, Fatih...
Oil prices stick to October high as Iraq tensions flare-up
Singapore: Oil prices clung to this month’s high on Tuesday after Iraqi forces seized the oil-rich city of Kirkuk from largely autonomous...
Oil Tanker Association threatens strike on October 23rd if demands not met
Islamabad: Another oil-tanker strike is in the offing, as an association of oil tankers threatened to go on strike from October 23rd.
According...
WAPDA prepares to upgrade Dargai hydropower project
ISLAMABAD: Water and Power Development Authority prepared a scheme for rehabilitation and up-gradation of Dargai hydropower project at an estimated cost of...
Satpara dam project to be handed over to G-B Government
ISLAMABAD: Satpara Dam project would be handed over to the government of Gilgit-Baltistan within six months as per framework decided by WAPDA...
Oil prices climb due to Iran sanction threats
Singapore: Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq, while...