Gas tariff to be increased on IMF demand
ISLAMABAD: After the approval of relief to electricity consumption, the International Monetary Fund (IMF) demanded Pakistani government a significant 45-50 percent rise...
NEPRA notifies Rs1.46 per unit hike under FCA of July
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has issued a notification of Rs 1.46 per unit hike in the power tariff hike...
Senate committee on power asks to review agreements with IPPs to resolve energy crisis
ISLAMABAD: Senate Committee on Power on Tuesday said that the only resolution to this country wide energy crisis is to make efforts...
Petrol, diesel sales remain robust across July and August despite public outcry
Both soar year-on-year whilst furnace oil takes poundingÂ
Future of fuel prices bleak as global crude peaks for 2023Â
In under 24 hours of petroleum prices being revised, Pakistan has woken up to a roaring global crude market
LPG prices follow petrol and electricity, Rs39 per kg increased
ISLAMABAD: A new shock has been transmitted to the already burdened masses by increasing the prices of Liquefied Petroleum Gas (LPG) by...
KP’S Local Government Department utilised 7% development funds in two months
PESHAWAR: The Khyber Pakhtunkhwa (KP) Local Government Department has utilised only 7% of the development funds allocated to it, in the past...
Shell to sell home energy business in UK, Germany to Octopus Energy
Shell (SHEL.L)Â said on Friday it would sell its home energy business in the UK and Germany to British energy supplier Octopus Energy...
Russia faces domestic fuel crunch, braces for more shortages
Russia, one of the world's biggest oil producers, has faced shortages of fuel crucial for gathering the harvest in some parts of...
Amid public outcry, electricity rates expected to surge by Rs1.58 per unit under FCA of July
NEPRA official said that the Sahiwal coal based plants had imported coal when prices were high at $400 per ton.
Oil rises on US stockpile draw and hurricane jitters
Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the U.S., the world's biggest...
Fuel Price Forecast: Massive oil price hike estimated for first half of September
ISLAMABAD: Already burdened masses should get ready to bear a jolt in the form of massive oil price hike as per litre...
Mounting electricity prices strain Pakistani households, businesses: FPCCI President
In a press conference held in Lahore, Irfan Iqbal Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI),...
Senate Committee lambasts IPPs for Pakistan’s electricity woes
Senate Committee wants IPPs to face the heat as capacity payments in the current fiscal year rise to Rs 1.3 trillionÂ
Battle for K-Electric heats up
Statement comes following both parties having declared victory in the Cayman Grand Court’s ruling about K-Electric’s board of directorsÂ