CDWP set to take up heavy agenda of projects worth billions of rupees
ISLAMABAD: Central Development Working Party (CDWP) is all set to take up a heavy agenda on Monday to approve 31 key projects...
Prime minister hails Mari Petroleum
ISLAMABAD: Prime Minister Shahid Khakan Abbasi during his visit at the closing session of Annual Technical Conference (ATC) and Oil Show 2017...
ADB irrigation project in Jalalpur to increase food production in Punjab
ISLAMABAD: The Asian Development Bank’s (ADB) Board of Directors has approved a $ 275 million loan to help build a surface irrigation...
Russia remains biggest supplier of crude oil to China
BEIJING: Russia held its position as China’s top crude oil supplier for the eighth month in a row in October, customs data...
Unilever begins search for new CEO
LONDON: Consumer goods maker Unilever NVÂ has begun working with executive search firm Egon Zehnder International to help to identify a successor to...
US crude oil touches two-year highs, as supplies tighten
SINGAPORE: U.S. crude oil hit fresh two-year highs on Friday, as the shutdown of a major crude pipeline from Canada to the...
Local tyre manufacturers welcome rise in import duties
LAHORE: The imposition and increase of regulatory duties on various categories of tyres has been endorsed by the country’s leading tyre manufacturers.
The...
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...
Govt requests third extension for Dasu Dam deadline
LAHORE: The government has requested the World Bank for extending the 2,160 MW Dasu Dam deadline for the third time to utilise...
PM urges foreign firms to avail exploration opportunities in Pakistan
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Thursday urged the foreign companies to exploit the vast exploration opportunities in Pakistan as the...
Oil companies warn for halting operations to produce POL products
KARACHI: Almost all the oil refineries including Byco and Parco in Pakistan warned the government to stop production of Furnace Oil in...
Siemens Gamesa to supply 50 MW turbine generators for zephyr power
KARACHI: Â Siemens Gamesa will be supplying 25 units of G114 2.0 MW Wind Turbine Generators for Zephyr Power (Pvt.) Limited, which will...
NEPRA approves Rs 2.23 per unit cut in power tariff
ISLAMABAD: Good news for already burdened masses, National Electric Power Regulatory Authority (NEPRA) has approved Rs2.23 per unit reduction in the power...
United Auto joins fray, outlines plan to start car manufacturing in Pakistan
LAHORE: United Auto Industries has outlined plans to start car manufacturing in Pakistan and is the country’s second largest selling brand, an...
Electricity access to least developed countries could bring them out of poverty: UN report
BANGKOK: The world’s least developed countries need access to electricity if they are to break out of poverty, according to a U.N....