China interested in joining TAPI pipeline project – Pakistan official
ISLAMABAD: China is exploring building a spur from Pakistan’s territory once the multi-country TAPI natural gas pipeline project begins operating, a Pakistani official...
Energy ministry rejects claims of discovering oil reserves larger than Kuwait’s: sourcesÂ
ISLAMABAD: The Energy ministry has negated caretaker foreign minister’s tall claim of discovering huge oil reserves reportedly bigger than Kuwait's in Pakistan...
Ogra awards licence for refinery in KP
ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has awarded a licence to Khyber Refinery (Pvt) Ltd to set up a new...
Power sector default surges to close in on Rs1 trillion
ISLAMABAD: Receivables from electricity consumers have continued to pile up and the figure has swelled to Rs896 billion – a long-standing problem that...
Minor oil and gas discovery in Kohat, declares OGDCL
ISLAMABAD:Â The Oil and Gas Development Company Limited (OGDCL) has reported a minor discovery of oil and gas deposits in the Kohat district...
SNGPL encashes Rs14b bank guarantee to avoid default: sources
ISLAMABAD:Â Sui Northern Gas Pipelines Limited (SNGPL) has encashed a Rs14 billion worth bank guarantee (standby letter of credit) to avoid a possible...
With Qatar in forefront, new wave of mega LNG projects gains momentum
LONDON: A new race to build multi-billion dollar liquefied natural gas (LNG) plants is gaining momentum after a long hiatus in investments...
Make discos more efficient, asked the incoming PTI government
ISLAMABAD:Â The incoming government of Pakistan Tehreek-e-Insaf (PTI) will have to take tough decisions in order to make power distribution companies more efficient...
Pakistani companies get equal share in CPEC: report
ISLAMABAD: Since the beginning of the massive China-Pakistan Economic Corridor
(CPEC) project, there has been occasional criticism, including some complaints that projects under...
Bureaucracy still seeking reasons behind bulging circular debt
ISLAMABAD: The Senate Special Committee on Circular Debt was informed Monday that a delay in filing of tariff petitions by the power distribution companies...
Govt raises inspection fee for LPG installations
New rules devised by the Department of Explosives of the Ministry of Industries and Production (MoIP) has seen the hiring of its own third-party inspectors aside those Oil and Gas Regulatory Authority (Ogra) has
E&P companies to drill 90 wells in current fiscal year
ISLAMABAD: During the current fiscal year, oil and gas Exploration and Production (E&P) companies are to drill 90 wells in different areas...
Oil edges lower as supply concerns return
Brent crude futures were down 17 cents, or 0.2 percent at $73.28 a barrel by 0232 GMT, after rising 1.5 percent on Thursday.
PTI govt to start construction of TAPI pipeline
The government-owned Inter-State Gas Systems is responsible for executing all oil and gas pipeline projects
Consumer prices for LPG raised by Rs7 per kg
ISLAMABAD: According to notifications issued by the Oil and Gas Regulatory Authority (OGRA), the consumer price for LPG has increased by Rs7...