Caretaker Govt set to auction 24 offshore oil and gas exploration blocks

ISLAMABAD: The caretaker government is all set to auction 24 offshore oil and gas exploration blocks on November 30, 2023, ostensibly in...

The govt wants your telco to finance your next smartphone if you can’t afford it. But how will it work?

Yes, the risks are high, but the key just might be the prospect of blocking all the defaulters’ SIMs across the networks, reasons Umar Saif; all the telcos still aren’t on board

Cement despatches decline by 5.78pc in October 2023

ISLAMABAD: Cement despatches in Pakistan faced a downturn in October 2023, declining by 5.78% on a year-on-year basis. Data released by the...

The govt wants your telco to finance your next smartphone if you can’t afford it. But how?

Ministry to share smartphone financing policy with stakeholders next week

Attention industrialists, domestic users, these are your new gas prices 

The interim government has pulled the trigger and hiked gas prices

No one interested in buying the Pakistan Steel Mills, senate told

ISLAMABAD – Pakistan Steel Mills (PSM), once the pride of the nation, is grappling with an uncertain future as it continues to...

Pakistan’s only aluminium can manufacturer is off to a flying start. Can they consolidate? 

The company has posted a profit of Rs 2.71 billion in 2022 — an increase of more than 72%. But what are the challenges they face as they look to charge ahead? 

36 leading Pakistani beauty and cosmetic companies to exhibit in Dubai

ISLAMABAD: Pakistan is set to make a significant mark in the global beauty and wellness industry as 36 prominent Pakistani companies gear...

OGRA restrains CNG stations from selling flare gas

ISLAMABAD: Ostensibly owing to quality and safety constraints, Oil and Gas Regulatory Authority (OGRA) has now restrained all the Compressed Natural Gas...

CCoE expected to cease free electricity facility today for WAPDA, DISCOs, GENCOs, NTDC, and PITC officers

ISLAMABAD: The Cabinet Committee on Energy (CCoE) scheduled to meet today (Thursday-26th October 2023) is likely to give an end to the...

Ministry of Commerce grants early kinnow export permission 

ISLAMABAD: Breaking free from old traditions, the Ministry of Commerce has issued a notification stating that kinnow exports will commence from November...
K-ELECTRIC

SIFC steps in to mediate K-Electric ownership kerfuffle 

The Minister for Energy (chair), Minister for Privatisation, and Minister for Law & Justice have been brought together to mediate and find a solution 

Norwegian hydro firm, GB govt sign agreement for investment in power sector

ISLAMABAD: Norwegian Hydro Company (NOR Hydro) and the Gilgit-Baltistan government have joined forces to pioneer sustainable energy production. A historic investment agreement...

PPRA board grants exemption to PNSC for procurement of two secondhand vessels

ISLAMABAD: Public Procurement Regulatory Authority (PPRA) board has granted exemption from applicability of PPRA rules to Pakistan National Shipping Corporation (PNSC) for...

Let there be crude; Pakistan, China ink petroleum sector agreement

The agreement is set to increase PRL’s refining capacity from 50,000 bpd to 100,000 bpd