National Refinery extends suspension of production activities
The National Refinery Limited on Friday announced that it had decided to continue with the temporary shutdown of production until the situation...
Chinese LED street lamps to light up economic zone in Islamabad
BEIJING:Recently, LED street lamps produced by Sichuan Sunfor Light Co, Ltd, a leading Chinese enterprise in the lighting industry, were officially delivered...
Oil prices fall sharply as top producers hold key talks
Oil prices fell sharply Friday as top producers attempted to finalise a crucial agreement on output cuts in a bid to counter...
Oil-producing nations seek global deal to stabilise market
MOSCOW: Oil-producing countries including those of the OPEC cartel and Russia are trying to strike a global deal to pump less crude...
Dasu, Mohmand dams to be completed in 2024, says WAPDA chairman
ISLAMABAD: Water and Power Development Authority (WAPDA) Chairman Lt Gen (retired) Muzammil Hussain on Thursday said Dasu and Mohmand dams would be...
ECC defers fuel adjustments in electricity bills till June 2020
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved the deferment of monthly and quarterly fuel adjustments in electricity...
OPEC, allies to consider output cut after price crash
Top crude producers will hold a crucial teleconference on Thursday to discuss a possible cut in output after a collapse in demand...
Oil rallies as deal takes shape before key meeting
Oil prices extended gains Thursday after Russia signalled it was ready to cut output before a key producers' meeting aimed at boosting...
World’s biggest oil producers at odds ahead of talks on major cuts
DUBAI/LONDON: The world’s top crude oil producers Saudi Arabia, Russia and the United States remained at odds on Wednesday over how to...
Oil rebounds as hopes grow for output cut deal
Oil prices rebounded Wednesday as traders jockey for position ahead of a key producers' meeting this week aimed at cutting output to...
G20 energy ministers to hold video conference on Friday
Energy ministers from the Group of 20 major economies will convene an extraordinary meeting by video conference on Friday “to ensure energy...
Oil prices rebound on hopes for output cut deal
Oil prices rebounded Tuesday on fresh hopes an OPEC-led meeting this week will reach an agreement to reduce oversupply and shore up...
OPEC and allies likely to cut production if US joins cuts: sources
The group of oil producers known as OPEC+, including Saudi Arabia and Russia, are likely to agree to cut production at a...
Oil prices fall as doubts grow over output cut deal
Oil prices fell sharply Monday after a meeting to discuss output cuts between OPEC and its allies was delayed, dimming hopes of...
China prepares to close ‘oil deal of life time’ in Iraq
ISLAMABAD: Over the past week or so, the industrial economy across China as a whole is back working and operating at levels...