Discos seek Rs1.5/unit hike in consumer tariff
ISLAMABAD: The former Wapda distribution companies (Discos) have pleaded for Rs1.50 per unit, citing as reasons: increase in consumer tariff on account...
Exporters give thumbs up to unified gas slab
KARACHI: A near collective cheer went up from the exporter community as the details of the gas price adjustment rippled through their...
Wapda, Chinese firm sign Mangla Dam refurbishment contract
LAHORE: The Pakistan Water and Power Development Authority (WAPDA) Monday awarded a kay project worth Rs1.68 billion to China’s CMAC Engineering Company...
Iran gas exports fall 42%
ANKARA: Iran’s gas condensate exports fell nearly 42 percent to 4.1 million tonnes in the five months to Aug 22, Iranian semi-official...
Pakistan raises gas prices to trim subsidies amid budget woes
Sarwar said the move would help ease part of the 152 billion-rupee ($1.24 billion) deficit for state-owned SNGPL and SSGC
Scottish renewable energy company eyes strong foothold in Pakistan
LAHORE:Â There cannot be enough emphasis on the need to promote renewable energy as a sustainable solution to all the energy related problems...
Sahiwal Coal Power Plant fully meets standards set by WB, EU
SAHIWAL: Huaneng Shandong Ruyi (HSR) Energy Limited, responsible for operations of the Sahiwal coal-fired power plant on Friday claimed that the plant...
Oil prices claw back on supply concerns, but demand worries drag
Brent crude was up 8 cents, or 0.1 percent, at $78.26 a barrel by 0338 GMT, after falling 2 percent on Thursday. The global benchmark rose on Wednesday to its highest since May 22 at $80.13
Industry sources accuse PBIT exacting extra fee for handling coal at Port Qasim
According to market officials, the industry had been distressed and the high fee had increased problems for it as well as the exporters
Senate panel expresses annoyance over exorbitant rise in demurrage cost
The committee chairman pinpointed the demurrage costs paid by PSO had increased 10 times and had risen to $20.4 million in FY18 from $2.5 million in FY14, which needs to be reined in, he said
Petroleum Policy 2012 to be revised, new zone-1 (f) to be created for tapping hydrocarbon reserves
Under the Petroleum Policy 2012, an incentive package is available for onshore areas taking risk and investment requirements into consideration
In shift, Pakistani giant Engro to bet big on rising middle class
Engro has been a major beneficiary from Beijing’s Belt and Road Initiative splurge, working with Chinese firms on coal and power projects worth billions of dollars
Lakki Block concession to KP Oil PTI’s first exploration licence
36 concessions lying unexplored, pending security clearance
ISLAMABAD: The federal government on Wednesday awarded the licence to Khyber Pakhtunkhwa Oil & Gas Company...
Govt recommendations for tax exemptions, reductions on LPG rebuffed by retailers & wholesalers
This would result in the government suffering revenue losses to the tune of Rs6.7 billion if all the stakeholders reach a consensus over the recommendations put forth by SSGC
8 breakthrough energy projects approved for funding at Ignite Â
LAHORE:Â Ignite is a non-profit entity that has been rebooted from what was previously known as the National ICT R&D Fund. Owned by...