PPRA board grants exemption to PNSC for procurement of two secondhand vessels
ISLAMABAD: Public Procurement Regulatory Authority (PPRA) board has granted exemption from applicability of PPRA rules to Pakistan National Shipping Corporation (PNSC) for...
Let there be crude; Pakistan, China ink petroleum sector agreement
The agreement is set to increase PRL’s refining capacity from 50,000 bpd to 100,000 bpd
Senate panel summons NTDC board
ISLAMABAD: Senate Standing Committee on Power has decided to summon the Board of National Transmission and Despatch Company (NTDC) in the next...
Govt deprives masses from full relief in petroleum prices by increasing taxes, margin on petrol, diesel
ISLAMABAD: The caretaker government while deciding the prices of petroleum products for second half of October 2023 has deprived the already burdened...
A bid from Prax, and interest from Aramco; what’s going on with Shell?Â
Shell looks to be sold to a foreign buyer and, for all intents and purposes, it should
Unlicensed Konnect Gas allegedly involved in unlawful sale of unprocessed gas to CNG stations since 2020
ISLAMABAD: Without getting gas sale license from Oil and Gas Regulatory Authority (OGRA), an unlicensed gas company has allegedly been involved in...
Is petrochemical set to be Pakistan’s next industry to watch?Â
Pakistan is on the precipice of its first ever petrochemical policyÂ
Sundays possible price reduction raise fears of inventory losses for OMCsÂ
With the fortnightly price update on the horizon, OMCs have resorted to giving discounts for petrol and diesel Â
CCoE likely to end free electricity facility for WAPDA, DISCOs, GENCOs, NTDC, PITC officers
ISLAMABAD: The federal government has decided to end free electricity facility for the officers of the electricity companies and the Cabinet Committee...
MPCL discovers new gas reserves in Ghotki Sindh
ISLAMABAD: Mari Petroleum Company Limited (MPCL) has discovered new gas reserves in Ghotki-Sindh which will initially yield 1.11 million cubic feet of...
K-Electric pins massive net loss of Rs 30.9bn in 2023 to macroeconomic hurdles
ISLAMABAD: K-Electric (KE) has reported a staggering net loss of Rs 30.9 billion during the financial year (FY) 2023 which is a...
Oil continues to tumble after previous session’s slide
Oil prices fell by more than $1 on Thursday, extending the previous session's sharp losses as an uncertain demand outlook overshadowed any...
 Pakistan buys first LNG spot cargo since 2022 Â
PLL has bought a cargo from Vitol for $15.97/mmbtuÂ
How soaring prices, low agri demand, and import constraints set OMC sales back by three years
September's sales collapsed by â…“ to put them at the industry’s lowest since March 2020Â
NEPRA hikes power tariff by Rs 3.28 per unit
ISLAMABAD: Giving another shock to the already burdened power consumers, National Electric Power Regulatory Authority (NEPRA) has approved an increase in the...