Consumers can save Rs6.5 billion annually if Sindh withdraws LNG cess: CCP
Sindh government charges development cess at a rate of 1.15% on all LNG imports since it has not interpreted LNG as a petroleum product
Oil dips on swelling U.S. stocks, but expected OPEC supply cut stems losses
Front-month Brent crude oil futures were at $63.28 per barrel, down 20 cents, or 0.3 percent, from their last close
‘Govt to establish small energy units to meet demand’
ISLAMABAD: Power Division Minister Omar Ayub Khan on Tuesday said the government was focusing on power generation, transmission and establishment of small energy...
NEPRA determines tariff for 50MW wind power project
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has determined the reference generation tariff of 50MW wind power project and intimated the determination...
Oil prices climb amid expected OPEC cut, but markets remain wary
Front-month Brent crude oil futures were at $67.29 per barrel at 0259 GMT, up 53 cents, or 0.8 percent, from their last close
Govt mulls decreasing electricity, gas distribution deficit
ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government is mulling to decrease the widening deficit of electricity and gas distribution in a bid to control...
Six DISCOs tasked to recover additional Rs83.2bn from consumers
Minister directs CEOs of distribution companies to eliminate electricity theft and take strict action against culprits without fear or favour
ISLAMABAD: With a...
Pakistan involved in various projects to meet energy needs
TAPI project will cost an estimated $7-9 billion and will transfer 90 million cubic metres of gas per day to these countries
Tajikistan launches giant dam to end power shortage
Surplus energy will be sold to neighbours such as Afghanistan, Pakistan and Uzbekistan.
Oil rises on expected OPEC cuts, but surging U.S. supply drags
OPEC’s de-facto leader Saudi Arabia wants the cartel and its allies to cut output by about 1.4 million barrels per day (bpd), around 1.5 percent of global supply, sources said this week
Existing LNG terminals established without conducting study on safety hazards: Report
The ECC was informed that the terminals were established on the main PQA channel in violation of the authority’s recommendation, which contributed to congestion on all anchorages
Pakistan goes against the grain with coal power spree
Environmental concerns about Pakistan's coal spree go beyond the villages of Thar. The UN has warned that the country risks an “absolute” water shortage by 2025, and activists have warned about the impact of such industries on increasingly scarce water supplies
GNL set to launch Renault trucks in Pakistan
GNL will be responsible for the import, distribution and after-sales service of the three new ranges and also the CKD assembly at its manufacturing site located at Port Qasim, Karachi by the end of next year
Oil prices resume decline on oversupply worries
Since early October, oil prices have lost around a quarter of their value as supply soars just as demand is expected to slow down along with an economic downturn
PSO receivables balloon to Rs345 billion
According to PSO, receivables include Rs268.5 billion from the power sector, Rs43.9 billion from Pakistan International Airlines (PIA) and government and Rs32.6 billion from the Sui Northern Gas Pipeline Limited (SNGPL)