Shell profits soar to four-year high
The world’s second-largest listed oil and gas company saw its cash generation from operations rise by nearly 60 percent to $12.1 billion, as deep cost savings in recent years filtered through
FATA has attracted Rs3.5b investment from oil & gas companies in last one year
Oil and Gas Development Corporation Limited (OGDCL), Al-Haj Enterprises Pvt Ltd, BGP (Pakistan), Xian Senshe, Geofysika Krakow and MOL (Pakistan) have established base camps in different agencies in erstwhile FATA
APTMA seeks $5b credit line from China for new investments and joint ventures
Pakistani textile export constitutes a meagre 3% of China's textile and clothing imports of $268 billion
Legit manufacturers demand govt to restrict sale of illicit cigarettes
Most of these illicit cigarettes having approximately 35% market share are produced in Azad Kashmir and Khyber-Pakhtunkhwa claimed the stakeholders
France invited to utilise rich energy resources of Pakistan
ISLAMABAD: Power Minister Omar Ayub Khan said on Wednesday that Pakistan has emerged as an important energy market with tremendous opportunities available...
Telecom attracts 1.5m new users in three months
ISLAMABAD:Â The subscriber base of cellular mobile operators has recorded a reasonable growth as they attracted around 1.5 million new customers to their...
APTMA demands withdrawal of SSGCL’s three-month gas closure notice
KARACHI:Â All Pakistan Textile Mills Association Sindh-Balochistan Chairman Zahid Mazhar has urged the prime minister and the petroleum minister to issue instructions to...
KE says will approach NEPRA for review of fine
KARACHI:Â Responding to the imposition on fine by National Electric Power Regulatory Authority (NEPRA), K-Electric has clarified in a statement that it was...
Pakistan says court lacks authority to impose $846m award over Karkey project
The tribunal initially ordered Pakistan to pay $501 million, however, due to nonpayment and accumulation of interest, the total has grown to nearly $846 million
UAE urged to explore Pakistan’s energy sector
ISLAMABAD:Â Planning, Development and Reform Minister Makhdum Khusro Bakhtiar has invited the UAE to benefit from the energy sector of Pakistan, which offered...
NEPRA imposes Rs2 million fine on K-Electric
NEPRA observes people were electrocuted due to K-Electric's poor maintenance of distribution networkÂ
ISLAMABAD:Â The National Electric Power Regulatory Authority (NEPRA) has imposed...
Oil prices rise for first time in three days, but trade war drags
Both crude benchmarks have fallen about $10 a barrel from four-year highs reached in the first week of October and are on track to post their worst monthly performance since July 2016
Govt rejects demand to extend manganese phase out plan for oil refineries
On Tuesday, the government called for the manganese phase-out plan to be implemented strictly and directed refineries to decrease its manganese content to 24 milligrams per litre of petrol within two days
Decrease in off-net call rates for CMOs still remains unimplemented
Initially, PTA had come forth to offer an MTR rate of Rs0.80 per minute starting December 1st, 2017 to November 30th, 2018 and Rs0.70 per minute from December 2018
OGDC suggests disputable candidates for managing director post
OGDC’s board has commenced the process for the appointment of new managing director and suggested names of officials who were working in its contracting entities