Huawei already producing 5G base stations without US parts: CEO

HONG KONG: Huawei Technologies Co Ltd's founder and CEO Ren Zhengfei said on Thursday the company is already producing 5G base stations...

Country producing 4500 MW surplus electricity: Power Division Minister

DG KHAN: Power Division Minister Sardar Awais Ahmed Khan Leghari on Sunday said that the incumbent government has overcome the load-shedding issue and...

Market Daily: KSE 100 settles at 43539.60 points, up 176.39

LAHORE: In a narrowly traded session, bulls came out as winners. The Pakistan Stock Exchange (PSX) saw no excitement from investors at...

LNG giant Petronas eying Pakistan, Indian and Bangladeshi markets

Kuala Lumpur: Malaysian state energy company Petroliam Nasional Berhad expects the global liquefied natural gas (LNG) market to remain oversupplied until as...

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...

Oil prices rise amid Saudi tensions, but demand outlook drags

Brent crude had risen 98 cents, or 1.22 percent, to 81.41 a barrel by 0124 GMT, on track for its biggest daily gain since Oct. 9

Telecom attracts 1.5m new users in three months

ISLAMABAD: The subscriber base of cellular mobile operators has recorded a reasonable growth as they attracted around 1.5 million new customers to their...

CCI likely to approve gas supply to localities around gas fields

The Council of Common Interests (CCI) is likely to approve the much-awaited supply of gas to the localities/villages falling within a five...

KP, Punjab protest over delays in signing of power-purchase agreements

Islamabad: Punjab and Khyber-Pakhtunkhwa have voiced their protest over the non-signing of power purchase agreements (PPA), as both provinces are supplying electricity...

Aramco makes relatively little from foreign refining

LONDON: Documents from Saudi Aramco show that the world’s largest oil firm earns only a limited proportion of its profit from foreign...

Oil prices edge up, but set for weekly loss on stock build, trade row

For the week, U.S. crude was down 3.5 percent, while Brent was 1.1 percent lower, putting both on track for a second consecutive weekly decline

PM chairs meeting on net hydel profits; issue amicably resolved

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi chaired a high-level meeting on the issue of net hydel profits here at the PM’s Office...

CPEC to further enhance growing Pak-Iran relations

ISLAMABAD: The Ambassador of Pakistan to Iran Asif Durrani has said that the successful completion of China-Pakistan Economic Corridor (CPEC) would further...

First unit of Neelum Jhelum Hydropower Project likely to start generation by Feb 2018

ISLAMABAD The strategically important Neelum Jhelum Hydropower Project (NJHP) is fast heading towards its completion and is scheduled to start electricity generation with...

Perturbed PM seeks energy ministry’s report on prevalent gas crisis

ISLAMABAD: Taking notice of the prevalent gas crisis, Prime Minister Imran Khan has sought a report from the Ministry of Energy which...