IPPs payables reach Rs191b, may shut down their power plants

Islamabad The IPPs Advisory Council (IPPAC) has claimed that till May 15th the figure of payables has reached Rs191b and if the payment...

Crude oil production stands at 24.2 mbl in nine months

Pakistan’s domestic crude oil production stood at 24.2 million barrels (mbl) in first three quarters of the current fiscal year as compared...

Cabinet Committee on Energy urges no power outages during Ramazan

Islamabad The Cabinet Committee on Energy (CCE) chaired by Prime Minister Muhammad Nawaz Sharif on Tuesday unanimously approved no power shutdowns on account of...

Dar reiterates government’s determination to resolve energy issue

Islamabad Finance Minister Senator Mohammad Ishaq Dar, Monday, while chairing a high level meeting regarding energy-related matters, reiterated the government’s determination to resolve...

Bhikki power plant not operational since twenty days

Islamabad The Prime Minister Nawaz Sharif will preside over a special meeting of the Cabinet Committee on Energy (CCE) today in which it...

Mari Petroleum makes new gas discovery in Sindh

Islamabad Mari Petroleum Company Limited (MPCL) has made a new gas discovery in its exploratory well Aqeeq-1 drilled in its Sujawal Block, located...

Oil sales record 12pc increase annually

Oil sales have increased 12pc on an annual basis to reach 23.8m tons. Since the last three years, oil sales had averaged...

WWF-Pakistan and SNGPL sign MoU to provide cheap, green fuel source

ISLAMABAD World Wide Fund for Nature-Pakistan (WWF-Pakistan) and Sui Northern Gas Pipelines Limited (SNGPL) signed a MoU to provide alternate means of energy...

Power Ministry presents fudged figures of power situation

Electricity shortfall currently stands between 6,000MW to 8,000MW ISLAMABAD: Contrary to the claims of the water and power ministry regarding electricity demand...

Rs1.96 per unit refund will be provided to electricity consumers this month: NEPRA

A Rs1.96 per unit refund has been ordered to be provided to customers this month said National Electric Power Regulatory Authority (NEPRA)...

Gov’t focused on resolving energy issue on top priority: Dar

On Thursday, the Minister for Finance, Muhammad Ishaq Dar said the government was focused on resolving the issue of energy on a...

MENA Energy issues clarification on its dispute with Hascol Petroleum

MENA Energy DMCC (MENA), headquartered in Dubai, UAE, has responded to its position on the oil trading dispute between it and Hascol...

Early harvest energy projects under CPEC to be completed by 2018

China reaffirmed that most of the early harvest energy projects being built under the China-Pakistan Economic Corridor (CPEC) framework would be completed...

Small traders warn of electricity bill payment boycott in Karachi

The small traders of Karachi have warned to boycott payment of electricity bills if persisting load-shedding in the city is not stopped....

PSO receivables touch all time high of Rs300b

As Pakistan State Oil’s receivables cross Rs300b, it has been learnt that the Ministry of Finance is gearing up to release Rs45b...