ECC approves grant of production lease to United Energy Pakistan Beta
Petroleum division is taking measures on a fast track basis where various exploration and development activities are underway
Load shedding expected to increase in coming months
LAHORE: Well placed sources in the Lahore Electric Supply Company (LESCO) have claimed that the city will face increased power outages in...
IPP’s warn of impending power crisis due to forex shortfallÂ
The country’s power sector is on the brink of crisis with payments worth $710 million due
NEPRA makes electricity more expensive
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has increased the price of electricity by 46 paise per unit under the quarterly...
Russia starts fuel exports to Iran by rail
MOSCOW:Â Russiastarted fuel exports to Iran by rail this year for the first time after traditional buyers shunned trade with Moscow, according to...
Court interventions and share price manipulation: What is going on at Tristar Power?
Complications and legal violations delay, and possibly avert, electricity producer Tri-Star Power Ltd’s potential acquisition by Turkish investors
Increase of Rs2.8 per unit for power consumers!
ISLAMABAD: The government has decided to impose an additional surcharge on power consumers in accordance with this the Ministry of Energy Power...
OGRA notifies Rs49 per Kg cut in LPG price for April
ISLAMABAD: In a notification issued by Oil and Gas Regulatory Authority (OGRA) the prices of Liquefied Petroleum Gas (LPG) have been reduced...
Post Office yet to clear Rs8.8b to power utilities
Intervention from PM Office in clearing dues owed to DISCOs and K-Electric by Pakistan Post Office
Power hike of Rs6 per unit likely on the horizon for KE consumers
Consumers of Karachi-Electric (KE), who are already struggling with inflation, may soon face higher bills due to a potential increase of Rs6...
17 Years no work, but another licence extension?
ISLAMABAD: Instead of revoking licence or imposing a penalty on the operator, who failed to drill a single well over the last...
OGRA reduces RLNG price by up to 3.16% for March
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has notified a cut in the average sale price of Re-gasified Liquefied Natural Gas...
Why the govt’s petrol cross-subsidisation scheme is a logistical nightmare
Govt to introduce dual petrol rates; Affluent customers set to be charged Rs 100 more whilst low-income groups to be given Rs 100 discountÂ
Another electricity price hike by K-Electric
Customers of K-Electric (KE) are likely to face another power tariff hike by Rs 1.66 per unit on account of Fuel Charge...
Oil rebounds 1% as investors take stock of banking crisis
RIYADH: Oil prices rebounded by about one per cent on Friday after a meeting between Saudi Arabia and Russia calmed markets amid...