SAPM warns of strict action against gas thieves
Special Assistant to Prime Minister on
Petroleum Nadeem Babar said on Thursday said that the authorities have started taking
strict action against gas thieves...
Loadshedding could rise, as power crisis expected to worsen
ISLAMABAD: The governments promise of ending power outages seems farce as reduction in gas supply caused power plants generating 3,000MW of electricity...
Saad Rafique calls for public-private partnership to revive PR
Federal Minister for Railways Khawaja Saad Rafique has offered the private sector to run freight trains.He has asked the Lahore Chamber of...
Price hike: Petrol price up Rs3.56 per litre
ISLAMABAD: Following OGRA’s recommendations, the government here on Wednesday announced another price hike in the price of petrol by Rs3.56 per litre...
Govt mulls auctioning underutilised capacity of LNG terminals
ISLAMABAD: The government has been considering leaving Liquefied Natural Gas (LNG) imports to the private sector and planning to auction the underutilised...
Oil prices steady as focus turns to potential supply hike
Benchmark Brent crude oil was down 20 cents at $75.74 a barrel by 0750 GMT, after falling 80 cents on Thursday
Chairman OIC FPCC for increasing trade with Afghanistan
PESHAWAR: The Chairman Council of OIC Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Haji Naseem ur Rehman has said that...
Power ministry resorts to additional subsidy as circular debt mounts
With energy companies facing a looming default crisis and warning the government of invoking sovereign guarantees, the Ministry of Water and Power...
Govt urged to focus on youth for sustainable economic growth: ICCI
ISLAMABAD:Â Islamabad Chamber of Commerce and Industry's (ICCIs) President Sheikh Amir Waheed has called upon the government to focus on the development of...
Chinese firm to provide Rs15 billion loan to Gwadar port authority
KARACHI: China Communication Construction Company (CCCC) will be providing a Rs15billion interest-free loan to the Gwadar Port Authority (GPA) for the establishment...
Shell blames lower energy prices for profit squeeze
LONDON:Â Energy giant Royal Dutch Shell said Thursday its net profit was halved in the second quarter due to lower oil and gas...
Motorbikes production increase to1.209m units in 9 months
The production of Motorcycles and three-wheelers in the country increased to 1.209m units during first nine months of the the current fiscal year...
Sindh demands adequate representation on board of new split-up gas companies
ISLAMABAD: In a breakthrough of proposed splitting up of gas distribution companies, the Sindh government has given its conditional nod given provinces...
US, European buyers keen to invest in eco-friendly Pakistani textile
FRANKFURT: Global buyers especially US and Europeans are taking keen interest in eco-friendly Pakistan’s textile industry which became evident in the Heimtextil...
Federal govt to table budget on April 27: Miftah
ISLAMABAD: Advisor to Prime Minister on Finance, Miftah Ismail has said that the federal government would present the budget for the fiscal...