Oil falls as virus infections rise, eyes on EU recovery plan

LONDON: Oil prices fell on Monday as coronavirus cases increased in many countries across the globe, but investors remained cautiously optimistic about...

SSGC to supply gas to localities within 5km of gas fields 

ISLAMABAD: The Sui Southern Gas Company (SSGC) would gasify localities and villages falling within a five kilometre (km) radius of gas producing...

DG Audit takes notice of land lease agreement with Shazain Bugti, brothers

ISLAMABAD: The Auditor General of Pakistan has taken notice of alleged land lease agreement of Oil and Gas Development Company Limited (OGDCL)...

PM postpones decision to increase power tariff for K-Electric consumers

ECC had earlier approved Rs2.79 per unit hike in K-Electric's tariff

KE chief says crisis could have been averted if govt had approved 700MW plant in 2016

KARACHI: K-Electric’s Chief Executive Moonis Alvi on Wednesday said that if the government had approved a new 700MW power plant back in 2016,...

SNGPL seeks federal govt’s help as gas crisis worsens in Punjab 

ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) has sought federal government's help to resolve the ongoing gas crisis in Punjab, as...
RLNG plant

OGRA notifies hike in RLNG prices

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Wednesday increased prices of Regasified Liquefied Natural Gas (RLNG) on networks of Sui...

OGRA slashes gas rates by up to 6pc

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Tuesday reduced the price up to 6 per cent for consumers. According to a notification...

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

Oil dips on demand fears as OPEC+ considers output increase

LONDON: Oil prices fell on Tuesday on worries that new restrictions to stem surging US and Asian coronavirus cases could threaten a...

Cheques issued by OGDC to Shazain Bugti, brothers bounce

OGDCL managing director refuses to issue Rs770m to the Bugti family for Uch gas field

SNGPL board elects Roohi Raees as chairperson

ISLAMABAD: The Board of Directors of Sui Northern Gas Pipelines Limited (SNGPL) on Monday, elected Roohi Raees Khan as SNGPL Board of...

K-Electric says committed to serving Karachi, seeks govt’s support

K-Electric has expressed gratitude to Sindh Governor Imran Ismail, Planning and Development Minister Asad Umar and Special Assistant to Prime Minister Shahzad...

Does KAPCO have life beyond its PPA expiration? Some analysts think so

The company’s ability to generate electricity from LNG imports may position it well relative to other IPPs in the sector

KE chief says company ‘cannot be blamed’ for Karachi load shedding

'PSO had received permission to import oil for KE power plants after considerable delay'