Cabinet likely to approve nominations for PPL’s BoD election
ISLAMABAD: The federal cabinet is expected to approve nominations for election of directors to the board of Pakistan Petroleum Limited (PPL).
According to...
Oil refineries lament lack of inclusion in govt’s Euro-5 pricing formula
Oil refineries on Monday expressed reservations on the pricing formula for Euro-5 standard fuel and said that they were not consulted regarding...
Petro Division terms media reports regarding GIDC judgment as ‘misleading’
ISLAMABAD: The Petroleum Division on Saturday took note of misleading advertisements printed by some newspapers regarding the Supreme Court’s (SC) judgment in...
ECC delays decision on passing of fuel charge adjustments to consumers
ISLAMABAD: The Economic Coordination Committee (ECC) on Thursday failed to take a decision regarding the passing on of Fuel Charge Adjustments (FCA)...
Pakistan, Russia likely to decide fate of 1,100km North South Gas Pipeline next month
ISLAMABAD: Pakistan and Russia may take important decisions during the next month for the transportation of Regasified Liquefied Natural Gas (RLNG) from...
OGRA may carry out UFG audits to verify gas losses
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Tuesday said that it may carry out independent verification of gas losses through unaccounted...
CCPA for Rs0.86 per unit hike in power tariff
ISLAMABAD: Central Power Purchasing Agency (CPPA) on Tuesday on behalf of power distributing companies urged National Electric Power Regulatory Authority (NEPRA) to...
Hub Power Company signs MoU with govt’s IPPs negotiation committee
The Hub Power Company Limited (HUBC) on Monday notified the Pakistan Stock Exchange (PSX) that the company and a committee for negotiations...
Govt plans to revive PEPCO to bring DISCOs under centralised control
The federal government has decided to reactivate Pakistan Electric Power Company (PEPCO) in order to bring all the public sector power distribution...
Why negotiating with the IPPs won’t fix much. And what will
A look at the series of bad ideas that have plagued the government’s attempts to fix the energy grid, and how the government keeps digging itself into a bigger and bigger hole
Govt plans to adopt environment friendly fuel, might face resistance from refineries
The government is looking to upgrade fuel used in Pakistan to a more environment friendly Euro-5 standard in a bid to counter...
Pact with IPPs good step but forensic audit necessary to save industry: FPCCI
LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday termed the government’s recent agreement with the Independent Power Producers...
Omar Ayub vows to control circular debt, reduce power tariff
ISLAMABAD: Minister for Energy Omar Ayub Khan on Wednesday reiterated Pakistan Tehreek-e-Insaf (PTI) government’s resolve to curtail power sector circular debt and...
Asia to import record LPG in 2020 as pandemic boosts demand for protective gear, cooking
SINGAPORE: Asia will likely import record volumes of liquefied petroleum gas (LPG) in 2020 as firms snap up the fuel to make...
IESCO refutes report claiming Power Division’s involvement in company issues
ISLAMABAD: Islamabad Electric Supply Company (IESCO) on Monday refuted a report which claimed that the Power Division has been "trying to transfer...