NEPRA approves 57 paisa per unit hike in power tariff
‘Electricity price has increased because power plants were not supplied LNG from 6th to 30th Dec 2018’
ISLAMABAD:Â The National Electric Power Regulatory...
Oil prices fall as economic growth worries spread
International Brent crude oil futures were at $62.26 per barrel at 0410 GMT, down 48 cents, or 0.8 percent, from their previous close
PM expected to request Qatar for supplying LNG on deferred payment
The PM is likely to request a concessional loan similar to the one provided by the United Arab Emirates and Saudi Arabia to bolster the country’s dwindling foreign exchange reserves
IUCN, EU to invest €14m in Balochistan for water conservation
ISLAMABAD: The International Union for Conservation of Nature (IUCN) and European Union would invest €14 million euros in Balochistan for water conservation.
European...
Govt to install 100,000 digital metres next month
Minister directs distribution companies to prepare and implement a three-month plan for feeder-wise anti-theft operationÂ
Federal Power Division Minister Omar Ayub Khan...
Iran says Japan has started process of importing Iranian oil
Iranian oil accounted for 5.3 percent of Japan’s total crude imports in 2018
Oil firms as China’s slowdown not as steep as some expected
International Brent crude oil futures were at $62.83 per barrel at 0259, up 13 cents, or 0.2 percent, from their last close
PSO faces severe financial crunch, as Rs200 billion bond issuance delayed
State-owned Pakistan International Airlines (PIA) owes Rs48 billion to PSO and the federal government on account of price differential claims and exchange rate loss
‘Expert’ group expected to lead state-owned PSM’s revival
ISLAMABAD: Although Pakistan Steel Mills' (PSM) Board has yet to give the approval for the formation of an expert group of private...
World Bank terms progress on Dasu Dam project slower than anticipated
According to WB, land acquisition has only reached 742 acres, out of 1,987 acres needed for the construction areas and is slated to be finished by June 2022
Ikram Sehgal appointed as K-Electric chairman
He is also a regular columnist in the print media since 1987 and also a member of international organizations like the prestigious World Economic Forum (WEF), International Organization for Migration (IOM)
Asian LNG prices slip, but plant outages limit losses
Spot prices for March delivery to Asia LNG this week slipped to $8.20 per million British thermal units (mmBtu), down 10 cents from the previous week, trade sources said
Oil up 1 percent on OPEC cuts, hopes of easing Sino-U.S. trade tensions
International Brent crude oil futures were up 66 cents, or 1.1 percent, at $61.84 per barrel
Oil import bill grows by around 15% to $7.6 billion in July-December FY18-19
According to PBS data, imports from approximately all of the categories leaving agricultural and petroleum groups contracted in the first half of current FY18-19
‘Pakistanis spent 515 hours without electricity in FY2016-17’
NEPRA report says as many as I65 incidents of power outages occurred during the period with a financial impact of Rs2.5m per incident
ISLAMABAD:Â The...