Regulatory action looms against OMCs as govt targets fuel hoarding

ISLAMABAD: A fuel crisis may be looming in the country with reports coming in that the retail outlets of a number of...

The gymnastics behind Pakistan’s possible first private LNG cargo import 

Pakistan might be returning to the spot market after over a year

Some government employees are enjoying free electricity. Should they continue to do so?

Where there’s smoke, there’s fire. However, not all fires need a fire extinguisher

Power Division starts crackdown against corrupt officials to prevent electricity theft

ISLAMABAD: Power Division has launched a comprehensive operation to root out the corrupt officers of power distribution companies (DISCOs) who allegedly aided...

Gas tariff to be increased on IMF demand

ISLAMABAD: After the approval of relief to electricity consumption, the International Monetary Fund (IMF) demanded Pakistani government a significant 45-50 percent rise...

NEPRA notifies Rs1.46 per unit hike under FCA of July

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has issued a notification of Rs 1.46 per unit hike in the power tariff hike...

Senate committee on power asks to review agreements with IPPs to resolve energy crisis

ISLAMABAD: Senate Committee on Power on Tuesday said that the only resolution to this country wide energy crisis is to make efforts...

Petrol, diesel sales remain robust across July and August despite public outcry

Both soar year-on-year whilst furnace oil takes pounding 

Future of fuel prices bleak as global crude peaks for 2023 

In under 24 hours of petroleum prices being revised, Pakistan has woken up to a roaring global crude market

LPG prices follow petrol and electricity, Rs39 per kg increased

ISLAMABAD: A new shock has been transmitted to the already burdened masses by increasing the prices of Liquefied Petroleum Gas (LPG) by...

KP’S Local Government Department utilised 7% development funds in two months

PESHAWAR: The Khyber Pakhtunkhwa (KP) Local Government Department has utilised only 7% of the development funds allocated to it, in the past...

Shell to sell home energy business in UK, Germany to Octopus Energy

Shell (SHEL.L) said on Friday it would sell its home energy business in the UK and Germany to British energy supplier Octopus Energy...

Russia faces domestic fuel crunch, braces for more shortages

Russia, one of the world's biggest oil producers, has faced shortages of fuel crucial for gathering the harvest in some parts of...

Amid public outcry, electricity rates expected to surge by Rs1.58 per unit under FCA of July

NEPRA official said that the Sahiwal coal based plants had imported coal when prices were high at $400 per ton.

Oil rises on US stockpile draw and hurricane jitters

Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the U.S., the world's biggest...