Court interventions and share price manipulation: What is going on at Tristar Power?

Complications and legal violations delay, and possibly avert, electricity producer Tri-Star Power Ltd’s potential acquisition by Turkish investors

Increase of Rs2.8 per unit for power consumers!

ISLAMABAD: The government has decided to impose an additional surcharge on power consumers in accordance with this the Ministry of Energy Power...

OGRA notifies Rs49 per Kg cut in LPG price for April

ISLAMABAD: In a notification issued by Oil and Gas Regulatory Authority (OGRA) the prices of Liquefied Petroleum Gas (LPG) have been reduced...

Post Office yet to clear Rs8.8b to power utilities

Intervention from PM Office in clearing dues owed to DISCOs and K-Electric by Pakistan Post Office

Power hike of Rs6 per unit likely on the horizon for KE consumers

Consumers of Karachi-Electric (KE), who are already struggling with inflation, may soon face higher bills due to a potential increase of Rs6...

17 Years no work, but another licence extension?

ISLAMABAD: Instead of revoking licence or imposing a penalty on the operator, who failed to drill a single well over the last...
RLNG plant

OGRA reduces RLNG price by up to 3.16% for March

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has notified a cut in the average sale price of Re-gasified Liquefied Natural Gas...

Why the govt’s petrol cross-subsidisation scheme is a logistical nightmare

Govt to introduce dual petrol rates; Affluent customers set to be charged Rs 100 more whilst low-income groups to be given Rs 100 discount 

Another electricity price hike by K-Electric

Customers of K-Electric (KE) are likely to face another power tariff hike by Rs 1.66 per unit on account of Fuel Charge...
Saudi Arabia-crude oil

Oil rebounds 1% as investors take stock of banking crisis

RIYADH: Oil prices rebounded by about one per cent on Friday after a meeting between Saudi Arabia and Russia calmed markets amid...

NEPRA reserves judgment over govt’s request for increased power surcharge  

Power surcharge sought in FY24 to pay off inefficient power companies’ debt, cost of power theft

Govt gives another lifeline to PSO

Int'l default risk looms over state-owned fuel company as it faces difficulty in paying back debts

Russian sanctions shift oil price-making power to Asia from Europe

MOSCOW: Western sanctions on Russian and Iranian oil have channelled cheap fuel to Asia and in the process eroded a decades-long trend...

Crude oil prices slide $4 as collapse of Silicon Valley Bank spurs fears of crisis

HOUSTON: Oil prices fell $4 on Monday along with equities as the collapse of Silicon Valley Bank raised fears of a fresh financial...

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