Circular debt stands at Rs755 billion
The ministry’s secretary, while giving a briefing to the committee, said presently the country’s installed capacity for electricity production was 33,836 megawatts (MW), while the derated capacity was about 31,000MW
Plunge in oil prices threatens Iraq’s postwar recovery
Brent crude oil, used to price international purchases, briefly rose above $85 a barrel in October but has since plummeted to less than $55 — a nightmare for a country like Iraq that derives 95 percent of its revenue from oil exports
CPHGC achieves first synchronisation with national grid
KARACHI:Â China Power Hub Generation Company (CPHGC) achieved yet another milestone when the unit 1 of the 2x660MW coal-fired power project successfully synchronized...
SNGPL asked to address low gas pressure issue
ISLAMABAD:Â Petroleum and Natural Resources Minister Ghulam Sarwar Khan on Monday directed Sui Northern Gas Pipeline Limited (SNGPL) Rawalpindi Regional Manager M Zahoor...
OGRA decides to end years’ old controversy with Sui gas companies
‘It is up to the companies to improve their performances and become sustainable as they cannot expect to be bailed out...
PM directs authorities to finalise renewable energy policy by Jan 2019
ISLAMABAD: Prime Minister Imran Khan on Wednesday chaired a meeting of the Cabinet Committee on Energy at the PM’s Office.
The prime minister was...
Govt to implement energy policy by May 2019, IMF told
ISLAMABAD:Â The Pakistan Tehreek-e-Insaf (PTI) government is set to implement a comprehensive energy policy covering all elements of the energy supply chain, demand...
Russia’s energy minister sees oil prices stabilizing in first-half 2019
Novak also said there were no proposals for an extraordinary meeting with OPEC, and he attributed the fall in oil prices to macroeconomic factors
Power Division to share PPA details with CCoE
The details will include the financial ramifications of operating certain power plants out of the order of merit because of system constraints
No load shedding on Christmas, directs PM
ISLAMABAD:Â On the special directions of Prime Minister Imran Khan, the Power Division has issued orders to electricity distribution companies (DISCOs) to restrict...
SSGC facing 115mmcfd gas shortfall, Senate told
Committee expresses concern, says depriving Sindh, which is producing around 70pc the country's total natural gas, from its due share is not...
Markets far from merry as stock losses extend into seventh day
MSCI’s world equity index, which tracks shares in 47 countries, was 0.15 percent lower on the day and down almost 7 percent in the past seven sessions — its worst stretch of daily losses since January 2016
SEP resubmits offer to acquire 66.4% stake in K-Electric
On December 21st, as per regulations, Shanghai Electric withdrew its offer due to lapse in the prescribed time period for making a public announcement of the offer
Oil dips on oversupply concerns ahead of Christmas holidays
International benchmark Brent crude futures fell 27 cents, or 0.5 percent, to $53.55 a barrel at 0106 GMT
Lower Asia temperatures and charter rates nudge LNG prices higher
India and Europe drove the LNG demand this week