Govt urged to make proper use of oil & gas reserves in KP, FATA
The Islamabad Chamber of Small Traders (ICST) on Sunday said the government should make a proper use of the oil and gas and...
2485 MW of electricity to be added to national grid by mid 2018
Pakistan Water and Power Development Authority (Wapda) has notified that it will add 2,485 megawatts to the national grid after the finalisation...
Ahead of Elections 2018, govt approves issuance of new gas connections
The incumbent government is all set to initiate new gas supply schemes in constituencies of its key politicians in an attempt to...
Rs 6b approved to PSO to prevent default
The Ministry of Finance has approved payment of Rs6b to Pakistan State Oil (PSO) on an urgent basis to avoid an international...
GE to install 1,320 MW power plant in Balochistan
GE is supplying Northwest Electric Power Design Institute Co. Ltd. (NWEPDI) and Tianjin Electric Power Construction Company (TEPC) with two units each...
World Bank likely to give $200m loan for renewable energy project
The World Bank has initiated the process to approve a load of $200m for increasing the installed generation capacity of renewable energy...
Circular debt impacts fuel supply chain
The unending power sector circular debt has impacted the entire fuel supply chain in Pakistan, choking ports, refineries and down to railway...
Govt releases Rs 483m under PSDP against a total budget of Rs 800b
The federal government has released Rs 482.8b (60.4pc), including Rs122b foreign aid, for different development projects under the Public Sector Development Programme...
HUBCO offers upto 40 pc TEL stakes to FFC & CMEC
The Hub Power Company (HUBCO) has informed in a notice sent to the Pakistan Stock Exchange (PSX) that the company has decided...
Abraaj Group likely to miss deadline for K-Electric deal
The Abraaj Group is likely to miss the deadline for the $1.8 billion deal to sell off its stake in K-Electric sale...
OGRA has the discretion to cancel LPG producers’ licenses
The Oil and Gas Regulatory Authority (Ogra) has the discretion to cancel licenses of the gas producing companies, if they fail to...
LNG import likely to double by July 2017
Import of Liquefied Natural Gas (LNG) is likely to double to1200mmcfd by July 2017 from its current volume of 600 million cubic...
CNG prices likely to go down in Punjab
Ghiyas Abdullah Paracha, central chairman of the All Pakistan CNG Association (APCNGA) is reported to have said that CNG prices are likely...
CNG prices likely to drop in Punjab
Ghiyas Abdullah Paracha, central chairman of the All Pakistan CNG Association (APCNGA) is reported to have said that CNG prices are likely...
Oil production in Pak grows 11pc
 Pakistan’s oil production grew by 11 pc YoY to reach 96,553 barrels per day (bpd) of oil in Jan 2017, media sources...