Iraq plans $53bn project with ExxonMobil, PetroChina
BAGHDAD: Iraq is planning a $53 billion mega project with global energy giants ExxonMobil and PetroChina to use seawater from the Persian...
PEECA sheds light on importance of energy conservation
Punjab Energy Efficiency and Conservation Agency (PEECA), in collaboration with Pakistan Green Building Council, held a workshop on 'Energy Conservation Building Codes'...
‘Govt to overcome circular debt by Dec 2020’
ISLAMABAD: Prime Minister Imran Khan on Monday chaired a high-level meeting wherein he was apprised that the government had set a target...
No electricity load shedding for domestic consumers during sehar, iftar, tarveeh timings
ISLAMABAD: Domestic consumers will be exempt from electricity load shedding during sehar, iftar, tarveeh timings during the upcoming holy month of Ramzan.
The Pakistan Electric...
FBR releases notification for hike in petroleum products
ISLAMABAD: The Federal Board of Revenue (FBR) on Sunday released the notification for an increase in prices of petroleum products. The recent hike, which...
OGDCL scraps contract worth $5.6mn awarded to a Chinese company
ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) has scrapped a $5.6 million worth contract for hiring of rigs which was awarded...
New chairman has straightforward plans for OGDCL
'The only way forward is to keep drilling new wells, keep experimenting'
ISLAMABAD:Â Dr Qamar Javaid Sharif, the newly-appointed board chairman of the...
Report on Kekra-I offshore drilling within 3-4 weeks, Senate told
ISLAMABAD:Â Energy Minister Omar Ayub Khan said on Friday that the report on any discovery of energy reserves at Kekra-I offshore drilling site...
Qatar agrees to supply LNG to Pakistan on low rates: sources
'The new LNG supply agreements will help Pakistan save approximately $2.5bn in 10 years'
ISLAMABAD:Â The government has convinced Qatar to supply 400...
Power companies disclose defaulters as arrears rise above Rs300bn
LAHORE:Â The outstanding amount of electricity bills in the country has reached over Rs300 billion, as the electricity distribution companies have displayed names...
‘Use of oil as weapon by nations threatens Opec’
Any country using oil as a weapon could cause the collapse of oil producer group Opec, Iran’s Oil Minister Bijan Zanganeh said on Wednesday.
Defaulters owe Rs244.8bn to electric companies, majority being connections to tube wells
Energy defaulters owe a total of Rs244.79 billion as 10 major electricity distribution companies have published names of 45,914 defaulters.
Iran to continue oil exports despite US ban
Fars news agency reported that 70,000 barrels were sold at $60.68 a barrel. Iran does not reveal the identity of private buyers on the energy exchange because they might be targeted by US penalties.
Petrol prices remain unchanged, at least for now
In its summary, OGRA had suggested Rs14.37 per litre increase in petrol prices, Rs4.89 per litre increase in diesel prices, Rs7.46 per litre in kerosene oil and Rs6.40 per litre hike in Light diesel prices.
‘Rs51bn recovered from power sector in four months’
ISLAMABAD:Â Power Division Minister Omer Ayub Khan said on Tuesday that recovery in the power sector has witnessed an overall increase of Rs51...