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: 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: 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: 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: 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 network  ISLAMABAD: 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

MD bars ‘disputed’ private directors from entering PECO premises

IGP asked to stop private directors from instigating labourers against the govt-appointed senior management ISLAMABAD: Differences between the private board directors and government-appointed...

High oil prices hurt consumers, dent fuel demand: IEA chief

Major emerging Asian economies such as India and Indonesia have been hit hard this year by rising crude oil prices, which despite falls this month are up by around 15 percent since the start of 2018

Oil industry seeks deferment on manganese phase out plan for domestic refineries

The committee requested the government to suspend its order of May 24th, 2018 to decrease manganese content in petrol to 40 milligrams per litre by March 1st, 2019 rather by November 1st of this year