Explainer: How did the government cut diesel by Rs30?
Did we just forgo an opportunity to alleviate some of PSO's problems with receivables?
Fauji Fertilizer’s four-week power outage likely to impact Urea production
KARACHI: Fauji Fertilizer Bin Qasim Limited (FFBL) announced a power outage that is expected to last for over four weeks. In a...
Oil prices climb as recession fears begin to fade
Oil prices rose on Monday as fears of a recession in the US, which drove prices down for three straight weeks for...
Exclusive: India considering allowing foreign investment in nuclear power
India is considering overturning a ban on foreign investment in its nuclear power industry and allowing greater participation by domestic private firms,...
OMCs seek reduction in minimum tax to counter falling margins
Oil marketing companies (OMCs) are reportedly seeking a revision to the Income Tax Ordinance 2001 to reduce the burden of taxation on...
Stung by smuggling, Attock Refinery reducing capacity to 25pc for five days
The refinery disclosed the information to the Pakistan Stock Exchange (PSX) and investors early on Thursday morning.Â
Dar rejects news about OGRA’s petrol-price reduction recommendation
ISLAMABAD: Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Tuesday rejected reports that the Oil and Gas Regulatory Authority (OGRA)...
‘Govt to build multibillion-dollar refinery to meet energy needs’
Pakistan's Minister of State for Petroleum, Musadik Malik, on Friday announced the government's plan to build a new refinery to meet the...
ECC approves grant of production lease to United Energy Pakistan Beta
Petroleum division is taking measures on a fast track basis where various exploration and development activities are underway
Competition heats up in soda ash manufacturing industry
Sapphire Textile Mills Ltd.’s wholly owned subsidiary Sapphire Chemicals (Pvt.) Ltd. announces plans to establish soda ash manufacturing facility
Load shedding expected to increase in coming months
LAHORE: Well placed sources in the Lahore Electric Supply Company (LESCO) have claimed that the city will face increased power outages in...
Big industry output contracts by 11.59% in February
LSM output dips 5.56% YoY during July-February
PESSI recovers Rs9.62b from defaulting industrial units
LAHORE: The Punjab Employees Social Security Institution (PESSI) has recovered a record amount of arrears worth Rs9.62 billion from defaulting industrial units...
IPP’s warn of impending power crisis due to forex shortfallÂ
The country’s power sector is on the brink of crisis with payments worth $710 million due
After PTC, Philip Morris also shows concerns over smuggling, sale of illicit cigarettesÂ
ISLAMABAD: The Pakistani tobacco industry is facing major challenges as the sale of illicit cigarettes has spiked following a massive increase in...