Polish company to drill 14 exploration wells for hydrocarbon reserves
Islamabad: A Polish oil and gas company, PGNiG, would drill 14 exploration wells in hydrocarbon potential areas during the current year.
"The company...
Delay in commercial operations of three LNG power plants
ISLAMABAD: Three under-construction 3600 MW LNG-fired power plants face troubles as they are still on the trial runs that could lead to...
DIGIMARK’17 dissects Pakistan’s digital industry
--Gurus, novices get together to debate on increasing digitisation, efficiency
LAHORE: Sixth Annual International Digital Conference, DIGIMARK’17, took place at a local...
Private banks refuse to reschedule loans sick textile units’ revival
ISLAMABAD: Turning down the request on the part of textile exporters, private banks have refused to reschedule loans for the revival of...
Pakistan to target UAE as major poultry exporter
ISLAMABAD: Pakistan has decided to boost exports of poultry and poultry products to the United Arab Emirate (UAE). The government is targeting...
SCO’s request to operate telecom services across the country rejected
Islamabad: Special Communication Organization (SCO), which manages and operates telecom services in the areas of Gilgit-Baltistan and Azad Jammu Kashmir request of...
Govt keen to double LNG imports by signing agreements with Algeria and Nigeria
Islamabad: With the growing energy demands, the current government seems determined to sign agreements with big African LNG exporters Nigeria and Algeria.
The...
Petroleum production grew by 3.39pc during FY 2016-17
Islamabad: Petroleum production grew by 3.39 percent during 11 months of last fiscal year from July to May as compared to same...
Delay in Sindh Agricultural Strategy may put off Rs18bn loan disbursement
LAHORE
The Sindh government could not be able to develop the Sindh Agricultural Development Strategy Framework despite wasting four years spending of Rs...
Four Pakistani companies to take part in Heimtextil Russia 2017
KARACHI
Four Pakistani companies to participate in Heimtextil Russia 2017, starting from September 20-22 this year, under the Trade Development Authority of Pakistan...
Bank Alfalah posts PBT of Rs8.47bn, EPS of Rs3.04
KARACHI
The Board of Directors of Bank Alfalah Limited approved the bank’s half yearly, unaudited financial statements, for the period ended June 30,...
BOP announces financial results for Jan-June 2017
A meeting of the Board of Directors of the Bank of Punjab was held on August 16, 2017 to consider and approve...
Oil prices claw up slightly amidst reported fall in US crude stocks
Singapore: Oil prices edged up on Thursday, clawing back some ground after losses in the previous session.
Traders said the market was range-bound...
Oil tankers association again threatens strike if demands not met
Karachi: All Pakistan Oil Tankers Association has once again threatened a strike in regards to stoppage of oil supplies in case if...
Chinese to invest $4b in setting up petrochemical complex in Sindh or Balochistan
Karachi: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Zubair M. Tufail on Wednesday announced that a Chinese proposal to...