A bid from Prax, and interest from Aramco; what’s going on with Shell?Â
Shell looks to be sold to a foreign buyer and, for all intents and purposes, it should
Pakistan, China to sign addendum on ML-1 railway project
ISLAMABAD: Pakistan and China will sign an addendum on ML-1 during the upcoming Belt and Road Forum to be held on October...
WB’s South Asia Rep for Energy Meets with Federal Minister of Privatisation
ISLAMABAD: The South Asia Practice Manager for Energy at the World Bank, Simon Stolp and his team met with Fawad Hasan Fawad,...
Unlicensed Konnect Gas allegedly involved in unlawful sale of unprocessed gas to CNG stations since 2020
ISLAMABAD: Without getting gas sale license from Oil and Gas Regulatory Authority (OGRA), an unlicensed gas company has allegedly been involved in...
Is petrochemical set to be Pakistan’s next industry to watch?Â
Pakistan is on the precipice of its first ever petrochemical policyÂ
Sundays possible price reduction raise fears of inventory losses for OMCsÂ
With the fortnightly price update on the horizon, OMCs have resorted to giving discounts for petrol and diesel Â
CCoE likely to end free electricity facility for WAPDA, DISCOs, GENCOs, NTDC, PITC officers
ISLAMABAD: The federal government has decided to end free electricity facility for the officers of the electricity companies and the Cabinet Committee...
MPCL discovers new gas reserves in Ghotki Sindh
ISLAMABAD: Mari Petroleum Company Limited (MPCL) has discovered new gas reserves in Ghotki-Sindh which will initially yield 1.11 million cubic feet of...
K-Electric pins massive net loss of Rs 30.9bn in 2023 to macroeconomic hurdles
ISLAMABAD: K-Electric (KE) has reported a staggering net loss of Rs 30.9 billion during the financial year (FY) 2023 which is a...
Oil continues to tumble after previous session’s slide
Oil prices fell by more than $1 on Thursday, extending the previous session's sharp losses as an uncertain demand outlook overshadowed any...
 Pakistan buys first LNG spot cargo since 2022 Â
PLL has bought a cargo from Vitol for $15.97/mmbtuÂ
How soaring prices, low agri demand, and import constraints set OMC sales back by three years
September's sales collapsed by â…“ to put them at the industry’s lowest since March 2020Â
Mixed quarter for the cement industry comes to an end
ISLAMABAD: According to data released by the All Pakistan Cement Manufacturers Association, the cement dispatches for the month of September have declined...
NEPRA hikes power tariff by Rs 3.28 per unit
ISLAMABAD: Giving another shock to the already burdened power consumers, National Electric Power Regulatory Authority (NEPRA) has approved an increase in the...
CCP approves two mergers; allows takeover of LNG terminal operators
ISLAMABAD: In a move to solve the lack of investment in Pakistan's energy sector, the Competition Commission of Pakistan (CCP) has given...