Circular debt of power sector crosses Rs800b
Islamabad: Circular debt in the power sector has reached Rs800b according to Pakistan Electric Power Company (Pepco).
It was shared in a recent...
OGDC discovers new gas reserves in Sukkur
Karachi: In a notification sent to the bourse on Friday, Oil and Gas Development Company (OGDC) announced that it had discovered gas...
Hydel power projects to be completed on time says: KP govt
Peshawar: The Khyber-Pakhtunkhwa government has said that it is taking revolutionary steps to develop the energy sector.
A number of power projects with...
46 exploration licenses granted in last four years: Petroleum ministry
Islamabad: Ministry of Petroleum and Natural Resources has granted 46 exploration licences and 33 leases to achieve self-sufficiency in oil and gas...
CNG association calls for exemption of 35pc import duty on CNG cylinders
Islamabad: All Pakistan Compressed Natural Gas Association (APCNGA) Chairman Abdul Ghiyas Paracha Friday said the Association had requested the Ministry of Petroleum...
Engro in collaboration with Shell, Fatima plans constructing LNG terminal at Port Qasim
KARACHI
Engro Elengy Terminal Limited (EETL), in collaboration with Shell and Fatima Group, plans to construct another terminal at Port Qasim with a...
Chinese company bids for laying of CASA power transmission line
Islamabad: Only a single bid has been received for the laying of power transmission line under the Central Asia-South Asia (CASA)-1000 electricity...
LPG prices surge due to shortage
Karachi: Federation of Pakistan Chambers of Commerce and Industry Standing Committee LPG Chairman Irfan Khokhar said on Wednesday that liquefied petroleum gas...
PAEC says 8,800MW electricity to be generated from nuclear sources by 2030
Islamabad: Pakistan Atomic Energy Commission (PAEC) will generate some 8,800 MW electricity from nuclear sources by 2030.
Official sources Wednesday told APP, construction of...
Govt to spend Rs37.97m for appraisal of Badin’s coal deposits
Islamabad: The government will spend Rs37.977 million more for appraisal of huge coal reserves confirmed by the Geological Survey of Pakistan (GSP)...
Pakistan and India combined imported 8pc of global LNG supplies in 2016
Singapore: South Asia, long a backwater for energy markets, is emerging as a hotspot for liquefied natural gas (LNG), with Pakistan and...
Up gradation, expansion: refineries may not meet deadline again
LAHORE
Oil refineries in Pakistan may not complete their up gradation and expansion this time as well, despite being given additional 18 months...
Oil prices decline 1pc due to high OPEC output
Singapore: Oil prices fell by 1 percent on Wednesday, with rising U.S. fuel inventories pulling U.S. crude back below $50 per barrel,...
German companies express interest to invest in wind energy
Hyderabad: German companies have expressed keen interest in investing in wind power in Pakistan, aiming to assist the government in overcoming the...
LNG imports have saved Pakistan $1.7b
Lahore: The government gamble to import Liquefied Natural Gas (LNG) seems to have paid off as it has been assessed that the...