Shell is exiting Pakistan. What does it mean and what could the transaction look like? Â
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?Â
SECP disposes proceedings against K-Electric, imposes fine on CEO and directors
KARACHI: Securities and Exchange Commission of Pakistan (SECP) on Friday said it had disposed of proceedings initiated against the CEO and board of...
Saudi Arabia to announce slight rise in oil, gas reserves after audit – source
For almost 30 years - despite rising production, large swings in oil prices and improved technology - Riyadh has annually reported the same number for reserves at around 261 billion barrels, according to a statistical review by BP
Prime Minister to personally head Cabinet Committee on Energy
In the absence of the prime minister, the Minister for Petroleum will chair the meetings of the CCoE
KAPCO shows interest in equity stake of Tenaga Generasi
Investment in 49.5 MW wind power project shows KAPCO's priority of investing in renewable energy
Clean energy production among top govt priorities: PM
ISLAMABAD: Prime Minister Imran Khan said on Tuesday that an increase in the production of clean energy was among top government’s priorities.
“Production...
Market Daily: KSE 100 sheds 4.52pc, highest weekly loss in 2018
KSE 100 closed at 41,624 points (-4.52 per cent WoW), highest weekly loss of 2018 amidst depleting foreign reserves and rising political noise ahead of general election 2018.
FIA clears six names in Hascol scam. But on what grounds?
Re-investigation has given a clean chit to six persons including a close companion of Ishaq Dar.Â
Seven Pakistani entities added to US export control list
The United States has added seven Pakistani companies to a list of foreign entities that are subject to stringent export control measures,...
A brief history: The rot in our DISCOs
Something is seriously wrong with how power distribution works in this country and the DISCOs are at the heart of it
Maple Leaf to boost WHR plant capacity to 25MW
LAHORE: The Maple Leaf Cement Factory Limited (MLCF) announced the opening of a letter of credit (LC) related to the expansion of...
As Afghanistan slashes coal prices again, can cement and power companies profit?Â
Royalties slashed by Rs 1,060 per ton, and customs duties slashed by Rs 4,400 per tonÂ
Petrol, diesel prices estimated to go down by Rs 13/litre during second half of December
ISLAMABAD: Per litre price of petrol is estimated to go down by Rs 13.10 and high-speed diesel (HSD) is expected to witness...
Attention industrialists, domestic users, these are your new gas pricesÂ
The interim government has pulled the trigger and hiked gas prices
Govt takes steps to reduce circular debt, pays off Rs142bn to IPPs
ISLAMABAD: In a momentous move to lower the stock of circular debt, the government has successfully cleared pending dues amounting to Rs.142...