ECC likely to approve 15pc to 125pc price hike for 262 life-saving medicines today

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday is likely to grant its approval to increase Maximum Retail Prices...

Another power tariff hike by Rs3.53 per unit under FCA of October on the cards

ISLAMABAD: Power Distribution Companies (DISCOs) except K-Electric in a bid to give another shock to the already burdened power consumers has sought...

What in the world is a fuel charge adjustment and why is it swelling your bill? 

The CPPA has requested the highest fuel charge adjustment for 2023 for December’s electricity bill 
PRL

PRL inks agreements with Honeywell UOP, Axens to double refining capacity

The Refinery Expansion and Upgrade Project (REUP) aims to double PRL's capacity from 50,000 to 100000 barrels per day and transition from hydro skimming to EURO V-compliant fuels

Deceptive Marketing’: CCP’s battle with Mezan Beverages’ Sting-lookalike Storm continues

ISLAMABAD: Mezan Beverages (Private) Limited, a prominent player in the beverages industry, has been entangled in a legal battle with the Competition...

After making record profits, what is Towellers planning on doing? 

After making massive profits worth billions of rupees two years in a row, Towellers Limited has announced it will use its reserves...

Oil prices slip on US crude build and China demand worries

Oil prices edged lower on Thursday, extending losses from the previous session as signals of higher supply from the United States met...

Implementation of tobacco harm reduction strategies advocated in Pakistan

ISLAMABAD: Traditional tobacco control measures have reached a plateau, prompting the call for a shift towards more effective and globally accepted 'tobacco...

NEPRA delays decision on transferring above Rs 22bn burden to all power consumers

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Tuesday reserved its decision on shifting a burden exceeding Rs 22 billion to...

The legality of the fixed charges in the current gas price hike 

There’s one item in the gas bill that’s led to the debate as to whether or not it can be levied

Petrol price estimated to witness Rs 3.18/litre hike, diesel to go down by Rs 8.30/litre in Nov

ISLAMABAD: Per litre price of petrol is estimated to go up by Rs 3.18 and high-speed diesel (HSD) is expected to witness...

Are we headed for a January gas-crisis?  

The missing January cargo translates into a deficit of approximately 100 million cubic feet per day
Iqbal Z Ahmed

Pakistan’s gas king, Iqbal Z Ahmed has been arrested in Hyderabad

An accountability court has refused to extend his bail in a case that dates back to 2013 

ECC raises sovereign guarantee ceiling for PSO by Rs100bn

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has given its approval to extend the sovereign guarantee in favour of Pakistan...

DGPC Warns Action Against SEPL for Supplying Gas to Unlicensed Konnect Gas

ISLAMABAD: The Director General Petroleum Concession (DGPC) has issued a stern warning to Spud Energy Pty Limited (SEPL) over its alleged involvement...