Oil prices consolidate gains, on signs of stronger demand
TOKYO: Oil prices extended gains on Tuesday, supported by signs of stronger demand, robust production curbs led by OPEC and a slight...
CCI offers provinces to take full control of electricity, gas generation
ISLAMABAD: The provinces during a meeting of the Council of Common Interests (CCI) on Monday have been offered to take full control...
Ex-QESCO chief barred from becoming Nepra member
ISLAMABAD: The appointment of a member of the National Electric Power Regulatory Authority (NEPRA) has been delayed due to allegations of power...
Over 150 companies submit bids for Sheikhpura-Peshawar oil pipeline
ISLAMABAD: The Sheikhpura-Peshawar oil gas pipeline received a heartening response with over 150 entities buying tender documents to take part in the...
UBL sees no potential compliance irregularity
KARACHI: United Bank Limited (UBL) has limited its operations in New York, according to a research report issued by a brokerage on...
Shell sees potential LNG supply shortage as global demand surges
LONDON: The global Liquefied Natural Gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29...
Mughal Steel gets amendments to expansion plan approved
LAHORE: A bourse notification filed Monday by Mughal Iron and Steel Industries Limited (MISIL) revealed amendments to expansion plan have been approved...
Japan Power proceeds “ex-parte” against Siemen Pakistan’s petition
LAHORE: A bourse notification filed Monday by Japan Power Generation Limited revealed has proceeded ex-parte against Siemen Pakistan Engineering Co. Limited’s petition...
Govt approves scheme to offer one million additional gas connections before elections
ISLAMABAD: As countdown to election starts, the PML-N government has accelerated the drive of offering one million additional gas connections for domestic...
Income tax exemptions for inward remittances be limited to Rs10m annually: SBP
ISLAMABAD: A presentation by State Bank of Pakistan to Senate Standing Committee on Finance suggested income tax exemption available for inward remittances...
Coca Cola’s micro-finance grants empowered over 7,527 female entrepreneurs
ISLAMABAD: Coca-Cola Pakistan, one of the country’s leading beverage companies has disbursed over Rs71.4 million micro-finance grants in last eight years to...
Oil prices hover around two-week-highs
TOKYO: Oil prices held little changed near two-week highs early on Monday, supported by comments from Saudi Arabia that it would continue...
Modern technology key to future of agriculture: PARC chairman
LAHORE: “Modern technology has a pivotal role in the future of agriculture sector in Pakistan. However, a lack of awareness and proper understanding...
Rs10911.278mn released for petroleum sector in eight months under PSDP
ISLAMABAD:The government has released Rs10911.278 million for the Petroleum and Natural Resources Division under the Public Sector Development Programme (PSDP 2017-18) during...
Saudis ready to swing oil market into deficit
MOSCOW: Saudi Arabia is undergoing a truly seismic shift in its economy, politics, and society, all thanks to the oil price crash...