Sindh CNG pumps to remain closed throughout winter

All CNG pumps in Sindh will remain closed throughout the upcoming winter season, Sui Southern Gas (SSG) officials said on Thursday. According to...

Oil extend gains as traders weigh virus progress

Oil prices on Wednesday built on the previous day's surge, boosted by signs of easing in the coronavirus that is allowing some...

Exxon, Chevron profits surge as global oil prices rise

DALLAS: Buoyed by higher oil prices, profits are soaring at Exxon Mobil and Chevron. Exxon said Friday that it earned nearly $4 billion...

Yet another power tariff increase in the works

ISLAMABAD: After a respite of several months, electricity consumers are now bracing for another tariff increase on account of fuel cost adjustment for...

Pakistan imported 10 million tons LNG in last three years

LNG imports have resulted in savings of $3 billion to the national exchequer

Govt working to increase renewable energy share to 30% by 2030: Power Minister

Mr Khan briefed the Ambassador regarding initiation of smart meter projects in various distribution companies and invited the Chinese investors for manufacturing the same in Pakistan

SSGC assigned to construct Karachi-Nawabshah gas pipeline

Islamabad: Sui Southern Gas Company (SSGC) has been given the task of finishing the Karachi-Nawabshah gas pipeline by the government as the...

Could Custom Bonded Warehouses be the way to efficient petroleum imports? 

Petroleum division suggests custom bonded warehouses for foreign suppliers as a possible stop-gap solution to import woes. 

Oil tankers association strike called off amidst reassurances from Sindh Governor

Karachi: The All Pakistan Oil Tankers Association (APOTA) has called off its plan to hold a strike which was due to start...

Awais Leghari directs DISCOs to clear backlog, implement application tracking by March 15

ISLAMABAD: Federal Minister for Power Division Sardar Awais Ahmed Khan Legahri has directed distribution companies (DISCOs) CEOs to clear the backlog of...

K-Electric posts Rs10.4bn profit for FY17

The Board of Directors of K-Electric Limited has approved the company’s financial results for the year ended 30 June 2017, a private...

‘Saudi company likely to invest $4bn in Pakistan’s renewable energy sector’

ISLAMABAD: Power Division Minister Omar Ayub Khan on Monday informed the National Assembly (NA) that Saudi Arabian power producing company ACWA Power...

Iran says no OPEC member can take over its share of oil exports

Iran is the third-largest oil producer in the Organization of the Petroleum Exporting Countries after Saudi Arabia and Iraq

12,000 MW power added in system, 20,000 MW more in the offing: Miftah

ISLAMABAD: Advisor to Prime Minister on Finance Dr Miftah Ismail Friday said the present government of Pakistan Muslim League-N had added around...

KE’s drive against power theft an undeterrable one

In response to baseless allegations being leveled by some quarters, the K-Electric has re-iterated that it refutes any claims of over-billing, including...