Petrol prices up by Rs4.26, Diesel by Rs6.55

Accordingly, after the hike, petrol would be sold at Rs91.96 per litre, HSD at Rs105.31, SKO at Rs84.34 and LDO at 74.99. These prices would be effective from June 12 till June 30, 2018.

Shell is exiting Pakistan. What does it mean and what could the transaction look like?  

Oil giant has been wanting to quit Pakistan for years. But what makes the country such a difficult market and how will the transaction play out in a forex strapped nation? 

Does KAPCO have life beyond its PPA expiration? Some analysts think so

The company’s ability to generate electricity from LNG imports may position it well relative to other IPPs in the sector

Major changes in the offing at K-Electric 

New owners announce that they have filed to dissolve the holding company that owns KE. 

PSX saw three IPOs in 2017, five in pipeline for 2018

LAHORE: As the year end looms, Pakistan Stock Exchange has had its fair share of achievements and heartbreaks, but a Topline Security...

Pakistan’s largest refinery project contract awarded to TechnipFMC

The project will be managed and operated by a wholly-owned subsidiary, PARCO Coastal Refinery Limited (PCRL).

NESPAK-led JV wins Diamer Bhasha Dam’s consultancy contract

Lahore: A National Engineering Services Pakistan (NESPAK)-led joint venture has won the consultancy contract of Diamer Bhasha Dam Project through competitive bidding.  The...

$497m Thar coal project achieves financial close

Another Thar coal-based power generation project achieved financial close during a ceremony held at the Private Power and Infrastructure Board (PPIB). According to...

OGDCL to fuel Pakistan’s energy needs with new gas and oil production

OGDCL's Bettani field prepares to deliver energy boost to Pakistan

LPG price reduced by Rs39 per kg

ISLAMABAD: After petroleum products, the Oil and Gas Regulatory Authority (OGRA) has notified a decrease in the price of locally produced Liquefied...

Qatar agrees to supply LNG to Pakistan on low rates: sources

'The new LNG supply agreements will help Pakistan save approximately $2.5bn in 10 years' ISLAMABAD: The government has convinced Qatar to supply 400...

Country’s oil import bill surges by 30.43pc to $12.928bn

KARACHI: Pakistan’s oil import bill rose nearly 30.43 per cent year-on-year to $12.928 billion in July-May 2017-18 owing to an increase in...

Showroom of Pakistan’s first electric car company inaugurated in Lahore

LAHORE: Pakistan in collaboration with China recently introduced the first-ever electric car company, Topsun Motors, in Lahore. Punjab Minister for Housing, Urban Development...

How did HUBCO earn its highest ever profit? 

Higher incomes from associated companies, a faltering Rs, and having your Thar based power plants come online make for a nice bottom line 

Saudi Aramco acquires 40% stake in Gas & Oil Pakistan Ltd. (GO) but why?

Deal to bring much-needed FDI into Pakistan, but what is in it for Saudi Aramco?