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?Â
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 hikeÂ
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? Â
The missing January cargo translates into a deficit of approximately 100 million cubic feet per day
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 2013Â
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...
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...