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...
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 discountÂ
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...
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 Â
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
Power consumers to pay additional Rs 14.24/unit
New surcharge will be added to consumer bills on account of deferred FCA
The PSO debt spiral continues
The latest financial reports published by the state owned oil giant have again raised concerns about the company’s financial health. The results...
India’s fuel demand hits 24-year high
India’s fuel demand hit its highest level in at least 24 years in February, data showed on Thursday, with industrial activity in...
Mari Petroleum successfully completes commissioning of facility in Daharki, Sindh
Plant beats pre-production gas estimation by producing 95 MSCFD gas to SNGPL