Asian stock markets down, following declines on Wall Street
HONG KONG: Asian shares sank Friday, following declines on Wall Street after a proposed delay to U.S. tax cut plan dented investor...
LNG to be supplied to company’s franchise areas soon: SSGC
KARACHI: SSGC Acting MD Amin Rajput has said that LNG is the fuel of the future and its availability is indispensable to...
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...
Japan Power proceeds “ex-parte” against Siemen Pakistan’s petition
LAHORE: A bourse notification filed Monday by Japan Power Generation Limited revealed has proceeded ex-parte against Siemen Pakistan Engineering Co. Limited’s petition...
The cost of non-renewable energy and missed opportunities– K-Electric’s failure to deploy renewable energy is expensive
K-Electric could have saved over $200 million had it adopted renewable energy in its generation fleet
Thai delegation invited to explore Pakistan’s energy sector
ISLAMABAD: Federal Minister for Power and Petroleum Omar Ayub Khan on Monday said the government was offering investment opportunities worth $80 billion...
OGRA recommends Rs 13.60/liter hike in Kerosene oil price
The Oil and Gas Regulatory Authority (OGRA) has worked out hike up to Rs 13.60 per litre in the price of Kerosene...
Solar energy adoption could save Pakistan around 6,000MW of electricity
LAHORE: Promotion of solar energy can save up to 6,000 megawatts of electricity of the national grid, besides reducing load from the power distribution system.
Institute of...
PetroChina to acquire storage facilities, petrol pumps in Pakistan
BEIJING: PetroChina’s oil and gas trading arm aims to buy petrol stations and fuel storage facilities, setting up business in Pakistan, West Africa,...
Relief to consumers: Gas utilities asked to rationalise revenue requirements
ISLAMABAD: The Petroleum Division of the Ministry of Energy has advised the state-owned gas companies (SNGPL and SSGCL) to rationalise revenue requirements,...
KP govt set to complete seven hydel power projects by year-end
The projects are being constructed in Mansehra, Shangla, Swat, Lower Dir, Chitral and Kurram districts
Govt set to impose additional surcharges on power consumers
Cabinet okays introduction of ordinance to further amend NEPRA Act
Govt to surpass 2.4pc growth target, says finance adviser
Hafeez Shaikh says govt expects to generate Rs800bn in non-tax revenues
Says overall CAD reduced by 73pc due to considerable increase...
China, Belt and Road countries’ trade volume amounted to $1.1 trillion last year
BEIJING: Last year, trade volume between China and countries along the Belt and Road amounted to $1.1 trillion, up 14.8 per cent...
The govt is looking to hand DISCOs over to the army. It isn’t the first time.
HESCO set to be first of five DISCOs to be handed to Army and Power Division led management units