PM directs for rationalisation of LPG price
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Thursday directed Ministry of Petroleum to take effective measures, in consultation with all stakeholders, for...
Standing committee recommends change of nomenclature of PPIB
ISLAMABAD: Standing committee on Energy has recommended a change of nomenclature of Private Power Infrastructure Board (PPIB) to Pakistan Power Infrastructure Board...
ADB projects decline in GDP, as trade deficit continues to worsen
ISLAMABAD: According to a new Asian Development Bank (ADB) report, Pakistan’s economy is projected to maintain strong growth in fiscal year (FY) 2018...
China’s economic growth cools to 6.3pc: AFP poll
The world's second largest economy expanded by 6.3 per cent in the January to March period, the poll of 13 economists found...
OMC’s and refineries refuse to pay fee in absence of formal notification
ISLAMABAD: The dispute between the Oil and Gas Regulatory Authority (OGRA) and oil industry has intensified after the latter refused to pay...
OPEC says determined to avoid an ‘energy crisis’
TEHRAN:Â OPEC is determined to avoid a global "energy crisis" as some of its members are facing international sanctions and others struggling with...
LPGAP calls for consistent pricing policy, facilitation of local maunfacturers
LAHORE:Â The Liquefied Petroleum Gas Association of Pakistan (LPGAP) on Wednesday demanded from concerned authorities to formulate a consistent policy regarding pricing of...
Market Daily: PSX rallies up as rupee devalues
LAHORE: The KSE 100 index extended its rally from Tuesday’s session on the back of the depreciated rupee after the central bank...
Oil prices jump after top producers agree output cuts
Oil prices jumped more than three percent Monday after top producers agreed to cut output to shore up energy markets battered by...
Market Daily: Equity market registers another day of gains, rising by 472 pts
LAHORE: For a change, market bulls stepped up their game in Wednesday’s session and took inspiration from a buoyant close yesterday to...
PM for early completion of Pakistan-Turkmenistan energy projects
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi, on Monday, reiterated Pakistan’s interest in the early completion of energy projects with Turkmenistan and appreciated the...
Punjab government gives go ahead for Rs22bn agriculture programme despite expired contracts
LAHORE: Punjab government has given go-ahead for the Rs 22.813 billion Punjab Irrigated Agriculture Productivity Programme, despite the expiry of contracts for...
Caretaker Energy Minister battles for DISCOs, rejects NEPRA report on DISCOs over billing irregularities
ISLAMABAD: Caretaker Federal Minister for Energy, Muhammad Ali, has taken a staunch stance in support of the allegedly corrupt power distribution companies...
PSO ceases fuel oil imports citing drop in domestic demand
ISLAMABAD: Pakistan State Oil (PSO) has suspended imports of fuel oil after an abrupt drop in domestic demand as the country turns...
Neelum-Jhelum, Tarbela hydro projects likely to start working by early 2018
ISLAMABAD: Two hydel power projects, 969 MW Neelum-Jhelum Hydel Power Project (NJHP) and 1,410 MW Tarbela 4th Extension project, of total 2379Â MW...