SNGPL clarifies qualified report by auditor
Editor's note: SNGPL has sent this clarification on the news below:
"It is clarified that this news has commented but did not...
Oil prices inch upwards due to signs of tightening supplies
SINGAPORE: Oil prices edged up on Friday, supported by signs of tightening supply and demand fundamentals, although a warning about excessive China...
Oil rebounds above $14 after massive sell-off
US oil prices rebounded above $14 a barrel Wednesday, a day after a sell-off sparked by a major fund selling its short-term...
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...
CMEC acquires 10 percent stake in Hubco’s subsidiary TEL for $3.93 million
The coal-fired power project is expected to commercial operation date by March 31st, 2021. Hubco presently produces 1,601MW via its three power plants in Narowal, Hub and Azad Kashmir
Bahrain discovers biggest oil field in its history
DUBAI:Â Bahrain on Sunday announced it has discovered the largest oil and gas field in the history of the small kingdom, which unlike...
CCI meeting convened to address energy grievances of provinces
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi convened an extraordinary meeting of Council for Common Interests (CCI) for addressing provinces concerns over ‘non-implementation’...
PSO, Power China in negotiations to setup a $8 billion refinery
KARACHI: The country’s leading oil marketing company Pakistan State Oil (PSO) is in negotiations with Power China to enter into a partnership...
Daniyal Aziz: PSM privatisation to continue, liabilities to be settled
ISLAMABAD: Federal Minister for Privatisation Daniyal Aziz chaired a high-level meeting with the officials of Sui Southern Gas Company Limited (SSGCL), National...
Govt to set up 24 electric vehicle charging stations across country, says Omar Ayub
ISLAMABAD: Federal Minister for Energy Omar Ayub Khan on Wednesday said that the government is taking steps to control environmental pollution and that...
Govt finalises strategy to install smart meters, ABC cables to control power theft
ISLAMABAD:Â The Pakistan Tehreek-e-Insaf (PTI) government has decided to install smart electricity meters and new aerial bundles cables (ABC) across the country in...
Circular debt in power sector touches Rs573 billion
Joint secretary disclosed the government was extending a subsidy of Rs52.2 billion to Azad Jammu and Kashmir, Rs14.2 billion to the Federally Administered Tribal Areas (Fata), Rs31.4 billion to the industrial sector and was providing 650 megawatts of electricity to K-Electric
Wapda, Chinese firm sign Mangla Dam refurbishment contract
LAHORE: The Pakistan Water and Power Development Authority (WAPDA) Monday awarded a kay project worth Rs1.68 billion to China’s CMAC Engineering Company...
8 mega projects to generate 10,000 MW of electricity underway
The Water and Power Development Authority (WAPDA) has expedited work on 8 mega projects with a combined power generation capacity of more...
Omar Ayub assures domestic consumers of uninterrupted gas supply
PINDI BHATTIAN: Energy Minister Omar Ayub Khan has said that the government will ensure uninterrupted gas supply to domestic consumers during the...