Price increase sought by oil refineries for jet fuel being provided to armed forces

Islamabad: A local newspaper has reported that oil refineries are seeking a price increase in jet fuel being provided to various segments...

Parliamentary panel on energy directs Ministry of Energy and Nepra to resolve deadlock

Islamabad: A local newspaper has reported that proposed changes in Regulation of Generation, Transmission and Distribution of Electric Power Bill 2017 has...

SEMC to face water extraction difficulties at Thar coal mining site

Islamabad: After reaching 90 metres depth at Thar coal mining site, the Sindh Engro Coal Mining Company (SECMC) encountered first water aquifer, which...

Power production rose 14pc on year-on-year basis

Karachi: A local newspaper has reported a rise of 14pc in power production during July reaching 12,396.63 gigawatt-hour (GWh) from 10,991.82 GWh...

Oil and gas sector contributed Rs1 trillion in revenues to national exchequer during 2016-17

Islamabad: A local newspaper has reported that the oil and gas sector was the major contributor to national exchequer by contributing over...

4,000MW electricity to be added in system, loadshedding to end in Nov: Abid

ISLAMABAD Minister of State for Power Chaudhry Abid Sher Ali Thursday said the country had achieved the highest-ever power generation of 20,000 megawatts...

Country’s energy sector to emerge as key factor in elections run-up: ADB

LAHORE The energy sector is again emerging a key factor in the political landscape of Pakistan in the run-up to its national elections...

Balochistan govt considering out of court settlement proposal for Reko Diq

Islamabad: An out of court settlement for the Reko Diq copper and gold mining project has been proposed to the Balochistan government...

PSX suffered worst monthly decline since May 2010

Karachi: The Pakistan Stock Exchange (PSX) endured its worst month of trading in seven years as continuing political and economic uncertainty plagued...

Oil markets turbulent in wake of North Korea nuclear test

Singapore: Oil markets were volatile on Monday, with US crude rising on production shutdowns while international Brent was pulled down by a...

KAPCO’s 660MW coal power project shelved

LAHORE The Kot Addu Power Company’s (KAPCO) 660MW coal power project has been put on hold, after a shift in government’s stance toward...

Red tape holding ministry of energy’s take off

Islamabad: The Ministry of Energy has failed to take off due to its failure to remove irritants in the functioning of power...

Puma Energy acquires 51pc stake in Pakistani OMC Admore

Karachi:Puma Energy Limited, whose largest shareholder is commodities trader Trafigura has inked an agreement with Admore Gas Private Limited to acquire 51pc...

Oil and gas sector to be focus of attention in today’s ECC meeting

Islamabad: The first meeting of the reconstituted Economic Coordination Committee (ECC) has been called on Tuesday, by the PM Shahid Khaqan Abbasi. The...

Prices for petroleum products may remain unchanged for September

Islamabad: The government has decided to maintain the same rates of petroleum products in the forthcoming month of September. Credible sources disclosed that...