Byco refinery starting supply to market from August
Karachi: In a notification sent to the bourse on Monday, Byco Petroleum Pakistan Limited has announced that it will be restarting production...
Oil prices rise to two-month high
Singapore:Â Oil prices hit a two-month high on Monday, lifted by a tightening U.S. crude market and the threat of sanctions against OPEC-member...
Punjab to set up another 1200MW gas-based power plant
Lahore: The Punjab government has decided to setup a new gas power plant with 1,200 megawatts production capacity to meet energy needs of...
PPIB has received investment worth $9.4b
Islamabad: The Private Power and Infrastructure Board (PPIB) has attracted around $ 9.4 billion investment so far.
Official sources told APP, the PPIB...
Ogra recommends price cut of Rs3.67 in price of petrol for August
Islamabad: As the frenzy surrounding Panamagate fades after the removal of the Prime Minister Nawaz Sharif, Oil and Gas Regulatory Authority (OGRA)...
First unit of Neelum Jhelum Hydropower Project likely to start generation by Feb 2018
ISLAMABAD
The strategically important Neelum Jhelum Hydropower Project (NJHP) is fast heading towards its completion and is scheduled to start electricity generation with...
Balloki power plant’s 9HA gas turbine successfully completes its first fire-test
Lahore: The 9HA gas turbine installed for the Balloki Power Plant in Patoki has successfully completed its first fire test as reported...
Government pledges guarantees of Rs175b for construction of third LNG pipeline
Islamabad: The government has pledged to provide guarantees worth Rs175b for building a third Liquefied Natural Gas (LNG) pipeline for provision of...
Nepra penalizes Lesco and Hesco for prolonged power outages
Islamabad: Lahore Electric Supply Company (LESCO) and Hyderabad Electric Supply Company (HESCO) on Thursday were fined Rs9m by the National Electric Power...
Oil tankers association calls off strike after successful negotiations with OGRA
Karachi: A formal announcement was made on Wednesday by All Oil Tankers Owners Association (APOTOA) of ending its strike after successful talks...
Govt mulling salary increase for Ogra chief and its members
Islamabad: The government has instructed the Finance ministry to carry out a study comparing salary packages of different regulators with those being...
OGRA unable to reach agreement with Oil Tankers Association
Karachi: Negotiation between oil tanker owners and the government has failed as both parties failed to reach an agreement. Earlier on Tuesday, queues...
Nepra approves reduction in power tariff of Rs 2.23 per unit
Islamabad: National Electric Power and Regulatory Authority (NEPRA) today approved a power tariff reduction of Rs2.23 per unit for June on account...
PSO makes payment for its short-term borrowings
Karachi: State owned oil giant, Pakistan State Oil (PSO) on Monday said it had disbursed payments for its short-term borrowings on account...
Domestic oil production rises by 3pc
Karachi: A research study from Topline Securities on Monday revealed that Pakistan’s oil production had recorded a 3pc increase during 2016-17 rising...