Global oil prices stay mixed amidst report of rise in US crude stockpiles
Tokyo: Oil prices were mixed on Wednesday, dampened by reports of rising U.S. crude stockpiles but retaining some of the gains made...
Trafigura planning to open second LNG import terminal in Pakistan
London: Commodities trader Trafigura said it plans to open a further liquefied natural gas (LNG) import terminal in Pakistan as traders move...
Proposed break-up of SSGC and SNGPL unprofitable says: KPMG
Islamabad: The proposed break-up of SSGC and SNGPL into five public distribution companies has been opposed by independent consultants KPMG Taseer Hadi...
Private sector set to invest $120m for building 4th LNG terminal at Port Qasim
Karachi: A local newspaper has reported that leading business houses from the private sector are planning to invest $120m for building a...
Govt likely to regulate LPG price within two weeks
ISLAMABAD
The government is set to impose a levy on Liquefied Petroleum Gas (LPG) sector in a bid to collect Rs 2 billion...
Successful effort underway to address the energy crisis: Sartaj Aziz
ISLAMABAD
Deputy Chairman Sartaj Aziz said that Pakistan has been suffering from a multi-dimensional energy crisis in the past decade. Power shortages coupled...
Attock Refinery profits surge up by 84.92pc for FY 2016-17
Karachi: In a notification sent to the bourse on Monday, Attock Refinery Limited (ARL) reported its results for the financial year ended...
Attock Petroleum reports 38.24pc increase in profits for FY 2016-17
Karachi: In a notification sent to the bourse on Monday, Attock Petroleum Limited (APL) reported its financial results for the year ended...
Oil prices inch upwards as Saudi’s consider extending supply cuts
Tokyo: Oil prices edged up on Monday after the Saudi oil minister discussed possibly extending a pact to cut global oil supplies...
Renewed beginnings
The 2013 National Power Policy was basically two-pronged: eliminate an average power shortfall of 5,000MW and make sure it’s done with tangible...
SNGPL, SSGC could be broken into five public distribution companies
Islamabad: The government is planning to break-up Sui Northern Gas Pipeline Limited (SNGPL) and Sui Southern Gas Company (SSGC) into five public...
SSGC strikes hard on gas thieves to reduce losses
Karachi: Sui Southern Gas Company Limited (SSGC) has started a clampdown on those involved in gas theft under purview of ‘The Gas...
Reon launches 1 MW Solar project at Service Shoe Industries
Karachi: Reon Energy Limited today announced its latest project at Service Industries Limited (SIL). The 1000 kW solar energy system will provide...
Will Aramco’s IPO be a profit dream for investors?
London: When oil giant Saudi Aramco discloses its financials for the first-time next year, it must either surprise investors with world record...
Global oil prices inch upwards in wake of Saudi supply cut
Singapore:Â Oil markets were mixed on Friday, with Brent crude supported by expectations that Saudi Arabia could cut its October supplies, while U.S....