Pakistan to become energy sufficient soon: Omar Ayub Khan
ISLAMABAD: ‘One of the most important countries in the One Belt One Road (OBOR) project is Pakistan. The Karakoram Highway that connects...
FDI jumps to 15.6pc, adding $262.5 mn from last year
KARACHI: Foreign Direct Investment (FDI) in the first eight months of 2017-18 amounted to $1.94 billion, up 15.6 per cent or $262.5...
Pakistan extended offer of $100 million open oil credit facility by Azerbaijan
The energy ministries from both the countries had reached an inter-governmental agreement in February 2017
Govt proposes carbon tax on petroleum amid IMF push for uniform VAT
In efforts to comply with IMF recommendations, Pakistan explores significant tax reforms, including a universal VAT and enhanced petroleum levies
Nepra discards review motions filed against CPPs upfront tariff
ISLAMABAD: Review motions filed against upfront tariff for gas-fired Captive Power Plants (CPPs) has been discarded by National Electric Power Regulatory Authority...
FPCCI seeks competitive energy rates for all industrial sectorsÂ
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), opposing the Economic Coordination Committee’s (ECC) decision of raising power tariff for...
Govt to pass on FCA relief to domestic, agricultural power consumers
Power Division seeks Nepra’s approval to reverse policy barring FCA benefits for domestic and agricultural consumers using up to 300 units
Govt working to enhance GDP, exports: Miftah
ISLAMABAD: Advisor to the Prime Minister on Finance Miftah Ismail has said that the government is working to enhance gross domestic product...
NEPRA makes electricity expensive for Karachiites
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) while accepting the request of power division has increased the price of electricity by...
KP demands Rs1,000 per barrel royalty on oil from centre
PESHAWAR: The Khyber Pakhtunkhwa (KP) government on Thursday demanded the federal government to pay Rs1,000 per barrel royalty on oil being extracted...
ECC allows OMCs to charge masses with Rs48 crore under custom duties
ISLAMABAD:Â The Economic Coordination Committee (ECC) of the cabinet has granted the approval to Oil Marketing Companies (OMCs) to charge the masses with...
Oil prices inch upwards ahead of key OPEC meeting
Seoul: Oil prices edged higher on Friday as the market waited to see whether major oil producers would extend supply cuts beyond...
Investors meet PM, discuss setting up LNG terminal
ISLAMABAD: A consortium of private investors called on Prime Minister Shahid Khaqan Abbasi at Prime Minister’s Office on Friday and discussed a...
Government overcomes energy sector issues to boost economy, GDP growth rate: Miftah
ISLAMABAD:Â Advisor to the Prime Minister (PM) on Economic Affairs, Miftah Ismail has said that the present government has taken steps to bring...
Saudi Aramco shakes hands with Pakistan’s SOEs to open Pakistan’s largest refinery
After months of delay and negotiations, the Saudi investment gets confirmed. But what is the deal?