ICCI calls for reducing power losses to save industry from load shedding

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has called upon the government to take urgent measures for reducing power sector...

OGRA issues 20 licences for setting up LPG auto-refueling stations

The Oil and Gas Regulatory Authority (OGRA) has issued 20 licences for setting up LPG auto-refueling stations in different parts of the...

White House considering stiffer rules for imported cars

WASHINGTON: The Trump administration is considering ways to require imported automobiles to meet stricter environmental standards in order to protect US carmakers,...

Qatar mulls to increase LNG production amidst isolation by neighbours

Doha: The energy-rich Gulf nation of Qatar, facing further isolation from its neighbors amid an ongoing diplomatic rift, said Tuesday it plans...

Pakistan curbs fuel oil imports as power generation requirements ease

Pakistan State Oil (PSO) has reduced its fuel oil imports for power generation as monsoon rains have lowered the demand for electricity for cooling, contributing to a decline in fuel oil premiums from the multi-year highs reached last week.

Private expert hired to assess PSM land price

KARACHI: A private expert has been hired to assess the land price of Pakistan Steel Mills handed over to National Industrial Park...

PM directs petroleum ministry to address gas theft

LAHORE: Prime Minister Imran Khan today directed the Petroleum Division to chalk out a comprehensive plan for checking gas theft in the country...

Abolishing FTR will discourage construction industry: ABAD

  The Association of Builders and Developers of Pakistan (ABAD) has expressed concerned over the reported move of the Federal Bureau of Revenue...

$5bn investment lined up for development of Thar coal: Ahsan

ISLAMABAD: Minister for Planning, Development and Reforms Ahsan Iqbal on Monday informed the Senate that an investment of $ 5 billion had been lined...

Federal cabinet to decide subsidy for captive power plants tomorrow

ISLAMABAD: In an apparent bid to provide a subsidy to “influential” owners of captive power plants, the Petroleum Division, on the advice of the...

Consumers can save Rs6.5 billion annually if Sindh withdraws LNG cess: CCP

Sindh government charges development cess at a rate of 1.15% on all LNG imports since it has not interpreted LNG as a petroleum product

Govt to hold new round of bidding for petroleum exploration blocks

ISLAMABAD: The government under immense pressure from provinces has finally decided to hold a fresh round of bidding for petroleum exploration blocks...

Nepra levies Rs4 million fine on IESCO

Nepra stated IESCO failed to maintain the authorized voltage levels and supply electricity connections within the given time and orchestrated data regarding the number of interruptions, number of complaints and duration of interruptions

Pakistan says curbing power sector debt, seeks energy investors

ISLAMABAD: Pakistan expects debt being built up within its troubled power sector to level off this year and start falling, its power minister...

Finance Minister chairs NEC meeting to outline steps for FATF action plan

ISLAMABAD: Finance Minister, Dr Shamshad Akhtar chaired a meeting of the National Executive Committee (NEC) here on Thursday. NEC is a high-level body established to...