WAPDA decides to divert water supply to Satpara Dam
ISLAMABAD: With the Satpara Dam unutilised for years, the Water and Power Development Authority (WAPDA) has taken a decision to fill the dam...
Caretaker govt fails in recommending gas prices proposed by OGRA
ISLAMABAD: Two state-owned gas utilities, SNGPL and SSGCL are facing with severe financial constraints while the caretaker government has so far not...
Govt to further burden power consumers under IMF programme
--Govt to introduce 'new surcharges' in a bid to reduce circular debt
--NEPRA Act will be amended to eliminate delays in tariff adjustments
ISLAMABAD:...
Oil prices climb as U.S. threatens sanctions against Venezuela
International Brent crude oil futures were at $61.89 a barrel at 0246 GMT, 80 cents, or 1.3 percent, above their last close
Plunge in oil prices threatens Iraq’s postwar recovery
Brent crude oil, used to price international purchases, briefly rose above $85 a barrel in October but has since plummeted to less than $55 — a nightmare for a country like Iraq that derives 95 percent of its revenue from oil exports
FIA arrests more accused in IESCO billing fraud probe
ISLAMABAD: The Federal Investigation Agency's Anticorruption Circle (Islamabad) has arrested three more accused in the Islamabad Electric Supply Company (IESCO) billing fraud...
Oil producers to cooperate beyond 2018: Saudi Arabia
MUSCAT: Global oil producers are in agreement that they should continue cooperating on production after their deal on supply cuts expires at the...
Oil prices fall 1.5 percent on OPEC’s deal to raise output
Brent crude futures were at $74.22 per barrel at 0455 GMT, down 1.8 percent from their last close
LNG prices slide as demand retreats in Japan, China, South Korea
LNG spot prices for September delivery in Asia were assessed at $9.50 per million British thermal units (Btu), down 50 cents from the previous week
Energy Minister, Turkmenistan ambassador discuss progress of TAPI
Both sides express resolve to continue engagement on the gas project
Govt decides to re-levy three surcharges on power consumers
ISLAMABAD: The government in line of recommendations made by the International Monetary Fund (IMF) has decided to re-enact three surcharges on power...
CCOE directs to expedite finalisation of renewable energy policy
A meeting of the Cabinet Committee on Energy was held in Islamabad with Minister for Planning, Development and Special Initiatives Asad Umar...
Shahbaz Sharif approves “Khadim-e-Punjab Ujala Programme”
Punjab Chief Minister Muhammad Shahbaz Sharif has approved the “Khadim-e-Punjab Ujala Programme” under which ten thousand schools will be shifted to solar energy...
NEPRA approves Rs1.56 per unit hike in power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved Rs1.56 per unit increase in the power price on account of fuel...
Lack of LNG import causes Rs12bn loss to Pakistan in six months
Sources say influential furnace oil lobby has been holding sway over the entire power division