Uniform cost criteria to be applicable for consumers living within 5km vicinity of gas fields

Islamabad: Natural gas consumers living within 5km vicinity of gas fields in all four provinces will be subjected to a uniform costing...

PAC directs investigation into appointment of ex-MD Nandipur power project

Islamabad: Public Accounts Committee (PAC) on Thursday decided to investigate a Punjab government officer responsible for managing the operations of the cash-bleeding...

FBR wants to work with business community to increase country’s tax base

Islamabad: Federal Board of Revenue (FBR) Chairman Tariq Mahmood Pasha said on Wednesday that the FBR wanted to engage the business community...

Maple Leaf Cement’s 40MW coal-fired power plant starts production

Lahore: In a notification sent to the bourse on Thursday, Maple Leaf Cement Factory Limited announced the commencement of operations of its 40MW coal-fired...

Oil prices fall slightly as US fuel inventories rise

Singapore: Oil prices eased on Thursday as U.S. fuel inventories rose despite efforts by OPEC to cut production and tighten the market. U.S....

KP, Punjab protest over delays in signing of power-purchase agreements

Islamabad: Punjab and Khyber-Pakhtunkhwa have voiced their protest over the non-signing of power purchase agreements (PPA), as both provinces are supplying electricity...

Power tariff hike: Nepra expected to announce up to Rs2 per unit increase for Discos

Islamabad: National Electric Power Regulatory Authority (NEPRA) is shortly expected to announce a tariff increase of up to Rs2 for ex-Wapda distribution...

Global oil prices inch upwards for third straight day, as 2018 outlook looks unpredictable

Singapore: Oil prices edged up on Wednesday, rising for a third day, on signs that markets are gradually tightening after years of...

Marred by conflicts, GHPL MD’s tenure ends without release of 3 years’ salary

Islamabad: Government Holdings Private Limited (GHPL) outgoing managing director has completed his three-year tenure without getting his dues due to dispute over...

NEPRA fixes K-Electric multi-year tariff at Rs12.77 per unit

Islamabad: Much to the chagrin of K-Electric, National Electric Power and Regulatory Authority (NEPRA) on Tuesday announced to raise the multi-year tariff...

Two years delay in approval of FRR by OGRA causes billion rupees loss to national exchequer

ISLAMABAD: Two year delay in the approval of final revenue requirements of (FRR) of gas utility (SNGPL) from Oil and Gas Regulatory...

Overbilling to be declared a crime under new law: NA informed

ISLAMABAD: Responding to a calling attention in the National Assembly on Tuesday the Power Minister Sardar Awais Ahmad Khan Leghari said that...

Ashar Haleem becomes central chairman of APCNGA

ISLAMABAD: Noted businessman of the energy sector Ashar Haleem Qureshi has been elected unopposed as chairman of the All Pakistan CNG Association...

Pakistan looking into the sun

Pakistan entered the realms of solar power generation as late as in the year 2012, a very delayed development for a country...

Oil prices inch upwards on news of Saudi restraining its output

Singapore: Oil prices edged up on Monday, after a 2 percent slide on Friday, on expectations that Saudi Arabia would continue to...