Govt urged to facilitate transportation of coal as demand increases

'Govt should provide a dedicated cargo rail track to connect Port Qasim with other cities, as it will minimise pollution and...

PESCO task forces remove 266 direct hooks, recover Rs3.02m 

DI KHAN: The task forces of Peshawar Electric Supply Company (PESCO) on Wednesday conducted raids in Bannu, Swat and Peshawar circles and recovered...

PLL invites bids for supply of six LNG cargos in May & June

Four LNG cargos will be supplied in May, while the remaining two are likely to be imported in June, said sources

FESCO catches 198 power pilferers, imposes Rs1.19m fine

FAISALABAD: Faisalabad Electric Supply Company (FESCO) has caught 198 power pilferers red-handed from its region during the first four days of the...

Kuwait sees risk of oil supply shortage in 2019 due to Venezuela

Hashem said OPEC+ actions should help re-balance the oil markets this year but he also warned of the impact of underinvestment in the oil industry which could cause a supply crunch by 2025

Oil prices edge up as market eyes tighter supply

International Brent crude oil futures were at $62.72 a barrel, also up 21 cents or 0.4 percent, after closing down 0.4 percent in the previous session

NEPRA approves 56 paisa per unit hike in power tariff

'Consumers will face a burden of approximately Rs4.2bn due to the increase' ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved Rs0.57...

Neelum-Jhelum Project starts power generation: WAPDA

'The project will supply 4.6bn units of inexpensive electricity to the national grid in 2019-20' A detailed inspection of Neelum-Jhelum power project has been...

Russian oil output down in January, misses global deal target

Rosneft, the world’s largest oil producer by output, reduced its production by 0.1 percent last month from December, while second-largest Russian oil producer Lukoil saw production cuts of 0.8 percent

PLL successfully arranges additional LNG cargoes for March and April

Four LNG cargoes will arrive here in Pakistan in March and five are scheduled for the month of April to meet the energy requirements

Asian LNG prices dive to nine-month low on supply surplus

Spot prices for March delivery to Asia this week fell to $7.00 per million British thermal units (mmBtu), down $1 from the previous week, lowest since April 6, trade sources said

Oil caught between trade talk hopes, weak China data

Oil futures received support from a broader financial market rally, which saw Asian shares hit four-month highs on Friday on hopes the United States and China could strike a trade deal

Essential documentation ongoing for timely execution of TAPI pipeline project

The TAPI Pipeline Company Limited (TPCL), the consortium leader, has expressed the desire to hold an inaugural ceremony in March 2019, in Pakistan, inviting the head of states of all four countries

Pakistan says curbing power sector debt, seeks energy investors

ISLAMABAD: Pakistan expects debt being built up within its troubled power sector to level off this year and start falling, its power minister...

Govt striving hard to generate indigenous, affordable electricity: minister

Omar Ayub says new energy policy will focus on generating at least 20pc electricity from renewable resources  ISLAMABAD: Power Division Minister Omar Ayub...