Gas outages in winters: ECC considering severing gas supply to four fertilizer plants
Islamabad: Consumers this winter could hope for improved natural gas supply this winter season, as the Economic Coordination Committee (ECC) mulls at...
LNG giant Petronas eying Pakistan, Indian and Bangladeshi markets
Kuala Lumpur: Malaysian state energy company Petroliam Nasional Berhad expects the global liquefied natural gas (LNG) market to remain oversupplied until as...
SSGC to supply natural gas to over 137 villages in Balochistan and Sindh
Islamabad: Sui Southern Gas Company Limited (SSGCL) will supply natural gas to over 137 villages of Sindh and Balochistan provinces during the...
Import of crude, petrol, jet fuel witnesses increase during July 2017
ISLAMABAD
Import of crude oil, petrol and jet fuel have witnessed an upward trend while the import of furnace oil and diesel has...
Tax Directory 2016: HBL, MCB top tax payers list
Islamabad: The tax directory prepared by the Federal Board of Revenue for 2016 and released by the Finance Minister Ishaq Dar on...
Petroleum ministry approaches ECC to help resolve Uch field wellhead gas price dispute
Islamabad: The dispute over the wellhead gas price of Uch field continues between Ministry of Petroleum and Oil and Gas Regulatory Authority...
PM calls for timely completion of hydro-electric power projects
Islamabad: Prime Minister Shahid Khaqan Abbasi directed on Friday the recently created Ministry of Water Resources to focus on ongoing development projects...
OGRA invites complaints regarding irregularities in service
PESHAWAR
The Oil and Gas Regulatory Authority (OGRA) has urged the consumers of Khyber Pakhtunkhwa province to lodge their complaints at its regional...
Retiring circular debt: Govt to obtain Rs55b loan from commercial banks
Islamabad: The government will be borrowing an additional Rs55b from commercial banks to pay off the outstanding dues of IPPs and Pakistan...
Iran, Turkey, Russia ink oil cooperation agreement
TEHRAN
A tripartite oil partnership and investment agreement were signed in Moscow between Iran, Turkey and Russia.
The three-party oil deal was sealed between...
K-Electric gets approval for setting up a 900MW R-LNG power plant at Bin Qasim
Karachi: In a notification sent to the bourse on Thursday, K-Electric (KEL) announced that in a board meeting held on August 9th,...
PM directs power and finance ministry to formulate strategy for reducing circular debt
Islamabad: The relevant stakeholders in the power industry on Wednesday were directed by PM Shahid Khaqan Abbasi to investigation the reasons for...
Kapco shows intent to acquire 17.36pc shares of Hubco
Karachi: In a notification sent to the bourse, Kot Addu Power Company (KAPCO) has shown its intent to acquire 14.9pc (172,582,000) ordinary...
PSO pondering Rs40b investment to expand market share
Karachi: According to Taurus Securities, Pakistan State Oil (PSO) the state-owned conglomerate is considering investing up to Rs40b for revamping its storage...
Russian company agrees to setup oil refinery in KP
Islamabad: A memorandum of understanding (MOU) Â was signed between Russian consortium of investors which includes Inter-Rao Engineering and Himmash Apparat will be...