Qatargas agrees on 22-year LNG supply deal with China
The Qatari state-owned company will supply LNG from the Qatargas 2 project - a venture between Qatar Petroleum, Exxon Mobil Corp and Total - to receiving terminals across China, with the first cargo to be delivered this month
OGDCL makes oil & gas discovery at Chanda oilfield in Kohat
The block is operated by OGDC with 72 percent stake along with 17.5 percent and 10.5 percent stake of GHPL and ZPCL respectively
Third-party investors to be extended invites for becoming part of CPEC
Gwadar would be converted into a trans-shipment hub and a centre for industrialization with a special concentration on industrial units being offered incentives that could produce a high rate of return
Oil climbs as U.S. drilling stalls, Washington sanctions against Iran loom
Brent crude futures climbed 50 cents, or 0.65 percent, to $77.33 a barrel
Circular debt parked in PHPL surged 454pc to Rs582 billion since 2008
The shortfall in bill collection by distribution companies since 2013-14 has been projected at Rs434 billion
Over $600 million saved in LNG supply deal signed with Qatar: Report
The negotiations with Qatar stalled after the latter refused to decrease the offer price for LNG and Pakistan used that to its benefit by approaching the open market in late 2015 to publicly seek 120 cargoes in two huge tenders
Sindh Bank and Summit Bank are merging. Who is the real buyer?
Allegations of money laundering and illicit payoffs continue to haunt this transaction, suggesting there may be more than a simple bank merger going on
Hong Kong-based investment bank returns to Pakistan’s capital markets. But why?
CLSA, a subsidiary of a Chinese state-owned company CITIC, has acquired a stake in Bank Alfalah’s securities trading arm Alfalah Securities
That unmistakable Shezan touch
Not the most highbrow or fashionable of either the bakeries or restaurants, Shezan has the kind of consistency and reliability that makes it stand out and rub shoulders with the best of the best in business
PPL discovers fresh oil deposits in Punjab
Pakistan Petroleum Limited (PPL) has announced the discovery of oil deposits in an exploratory well in Talagang, Chakwal district.
The discovery was made...
Exports of transport services rise by 5.74pc to $977.470mn
ISLAMABAD: The transport services by Pakistan in other countries increased by 5.74 per cent during the financial year 2017-18 compared to last...
United Motors launches ‘Bravo’, priced Rs850,000
Will the United's Bravo be the perfect replacement for the outgoing Mehran?
Pak, China agree to ensure 3rd-country participation in CPEC
ISLAMABAD: Realigning the goals of the China-Pakistan Economic Corridor (CPEC), Pakistan has introduced new targets of socio-economic and regional development under this...
Intellectual Property Organisation Pakistan all set to change image after past failuresÂ
ISLAMABAD: With the ongoing developments brought about by the China Pakistan Economic Corridor (CPEC), the registration of new companies and intellectual property...
Turkmenistan seeks South Asian markets after power plant boost
Central Asian states are jockeying to supply electricity to potentially promising markets in Afghanistan and Pakistan