Sindh decrying its gas usage by Punjab, threatens legal action
Islamabad: Sindh which is irked by Punjab’s usage of its produced gas is considering legal action by filing a complaint in the...
Nepra says power division is trying to limit its main role of tariff determination
Islamabad: National Electric and Power Regulatory Authority (NEPRA) launched a scathing attack on the power divisions effort to limit the regulators main...
Standing committee recommends change of nomenclature of PPIB
ISLAMABAD: Standing committee on Energy has recommended a change of nomenclature of Private Power Infrastructure Board (PPIB) to Pakistan Power Infrastructure Board...
Oil prices remain steady on back of record US crude oil exports
Singapore: Oil prices were stable on Thursday on expectations that Saudi Arabia and Russia would extend production cuts, although record U.S. exports...
Rising demand of fuel led to 3pc sales increase in September
Karachi: POL oil sales have gone up by 3pc to touch 2.16m tons during September this year due to rising demand of...
Overriding ban on imported fuel power plants, federal govt grants waiver to Punjab
Islamabad:Â The federal government has flouted its own ban of setting up power plants on imported fuel, as it has allowed Punjab to...
OGDCL, PSO to supply 30 million litre high speed diesel every year
ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), being the largest exploration and production company of Pakistan in public sector, has inked...
5,407 MW additional electricity being added in system: Abid
ISLAMABAD: Minister of State for Power Chaudhry Abid Sher Ali Wednesday said that around 5,407 megawatts (MW) additional electricity would be added...
Electricity Transmission system poses threats for zero load-shedding claims
LAHORE: Surprises await PML-N government for relying on unreliable and ineffective electricity transmission system that lacks a crucial ingredient required for energy...
NTDC suffers Rs400m loss due to suspicious bidding process
Lahore: The avoidance of open biddings for purchase of insulators by National Transmission and Despatch Company (NTDC) seems to have cost an...
Oil prices decline second day running due to oversupply worries
Tokyo: Oil prices fell on Tuesday, declining for a second day and sapping more strength from a third-quarter rally, amid signs that...
Provinces oppose Central govt’s way of pushing gas sector reforms
Islamabad: As provinces oppose gas sector reforms being pushed by the government, the coming of Shahid Khaqan Abbasi into the Prime Minister’s...
18.5% power tariff hike to disrupt market equilibrium: PIAF
LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) chairman Irfan Iqbal Sheikh has feared that the proposed hike in industrial and commercial power...
Minority shareholder demands NEPRA to review MYT determination for K-Electric
KARACHI:Â Since the issue of Multi Year Tariff (MYT) determination for KE dated March 20, 2017, by NEPRA, the market capitalisation of KE...
CPEC: Pakistan will have to pay China $100 billion for loans obtained by 2024
Islamabad: China-Pakistan Economic Corridor (CPEC) is not all bell and whistles, as Pakistan would be required to payback China $100 billion for...