Iranian crude exports fall further as Trump’s sanctions loom
The Islamic Republic has exported 1.33 million barrels per day so far in October to India, China, Turkey and the Middle East
First unit of Thar power plant likely to contribute 330MW by December 2018
According to details, so far 92 per cent of work on coal mining and 93 per cent work of power plant has been completed
Govt seeking amalgamation of two oil and gas regulators
The petroleum division has told Ogra to prepare a summary for the Council of Common Interests (CCI) requesting transfer of upstream oil and gas regulation to Ogra as a centralized regulator to take care of the whole oil and gas sector from exploration and production to its sale to consumers
Oil prices rise amid Saudi tensions, but demand outlook drags
Brent crude had risen 98 cents, or 1.22 percent, to 81.41 a barrel by 0124 GMT, on track for its biggest daily gain since Oct. 9
NEPRA approves tariff for 11.52MW solar power project
ISLAMABAD:Â The National Electric Power Regulatory Authority (NEPRA) has determined and approved Rs7.7863 per unit tariff for the first ten years, while Rs2.9824...
Ogra denies chairman being replaced
The Oil and Gas Regulatory Authority (Ogra) in a statement has denied its chairman Uzma Adil is being replaced.
Apropos to a news...
PEC asks govt to announce Diamer-Bhasha Dam public limited company
The PEC urged the government to float its shares on the stock market for public subscription, which would allow to raise funds for the Diamer-Bhasha dam
Oil prices rise, but still set for weekly fall amid equities rout
OPEC cut its forecast of global demand growth for oil next year for a third straight month, citing headwinds facing the broader economy from trade disputes and volatile emerging markets
Pakistan extended offer of $100 million open oil credit facility by Azerbaijan
The energy ministries from both the countries had reached an inter-governmental agreement in February 2017
Pakistan needs to generate 30pc power on renewable energy in 5-7 years: AEDB
KARACHI: Pakistan should set a target of generating at least 30 per cent of its electricity on the basis of renewable energy...
Oil slumps to two-week lows as markets fall, inventories climb
Brent lost 2.2 percent on Wednesday and on Oct 3rd it hit a four-year high of $86.74
Saudi Arabia to supply about four million barrels of extra oil to India in November: sources
India is Iran’s top oil client after China, though several refiners have indicated they will stop taking Iranian barrels because of the sanctions
ECC forms special committee to resolve stalled K-Electric sale
With Abraaj teetering on the verge of bankruptcy, was Arif Naqvi's meeting with PM Imran Khan meant to extract a return favour for the investment made in PTI's election campaign of 2013, as alleged by his ex-wife Reham Khan
Oil prices rise on signs that Iranian crude exports fall further
Iran’s crude exports fell further in the first week of October, according to tanker data and an industry source
Hascol Petroleum completes acquisition of Marshal Gas’s LPG plant for Rs175 million
In March last year, Hascol Petroleum in partnership with Vitol formed a new company called VAS LNG (Private) Limited that will deal with the activities relating to the LNG sector.