EETPL signs LSA with SSGC for additional gas
KARACHI: Engro Elengy Terminal Private Limited (EETPL) signed an LNG Supply Agreement (LSA) with Sui Southern Gas Company (SSGC) for the provision...
Oil prices decline, as US crude output soars
SINGAPORE: Oil prices fell on Tuesday, extending losses from the previous session, as the inexorable rise in U.S. crude output weighed on...
Oil prices rise, as exports plunge from Venezuela
U.S. crude oil production hit another record last week at 10.8 million barrels per day (bpd). That’s a 28 percent gain in two years, or an average 2.3 percent growth rate per month since mid-2016
Petroleum Ministry recovers payments of Rs4.7b from exploration companies
Islamabad: The Ministry of Petroleum and Natural Resources has recovered outstanding payments amounting to Rs 4.7 billion from different oil and gas...
Cabinet Committee on Energy agrees on amendments related to power tariff
ISLAMABAD: The Cabinet Committee on Energy on Tuesday decided to introduce suitable amendments in the existing policy framework to address various issues...
Oil prices dip 2 percent as US-China trade blows over tariffs
NEW YORK: Oil prices fell about 2 percent on Friday after U.S. President Donald Trump threatened new tariffs on China, reigniting fears...
Sindh energy dept resolves to address investor concerns on wind energy projects
KARACHI:Â The Sindh government has held out the firm assurance that it could do its best to resolve, in the shortest possible time,...
Oil prices fall, as US trade war with China rattles markets
SINGAPORE: Oil prices dipped on Tuesday, easing after strong gains in the previous session when hopes that trade disputes between the United...
Asian shares open firm, oil down as Syria fallout seen limited
SYDNEY: Share markets started firmer in Asia on Monday amid relief U.S.-led strikes on Syria looked like being a one-off event that...
Oil prices rise, as tensions in Middle East may lead to supply disruptions
SINGAPORE: Oil prices rose on Tuesday, pushed up by concerns that tensions in the Middle East could lead to supply disruptions.
Hopes that...
Oil prices stable, but remain below three-year highs
SINGAPORE: Oil prices were stable on Wednesday but were below the more than three-year highs reached the previous session as rising U.S....
Oil prices decline, on back of weak Chinese, Japanese industrial data
TOKYO: Oil prices fell on Wednesday as weak Chinese and Japanese industrial data triggered concerns of an economic slowdown that could lower...
OGDCL, MOL Group sign MoU on strategic cooperation
ISLAMABAD
The Oil and Gas Development Company Limited (OGDCL) and MOL Group have announced forming a strategic cooperation initiative for evaluating future potential...
Turkmenistan set to secure funding for TAPI gas pipeline
The Central Asian nation is building the Tapi pipeline to diversify its gas exports, which have mostly gone to China
Rift among IPPs puts agreement with govt in jeopardy
The relations of independent power producers (IPPs) have hit a new low due to serious contentions over the recent agreement signed with...