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...
MoC to launch first National Compliance Centre to facilitate businesses, exports
Move likely to help improve export opportunities for local businesses
NEPRA makes electricity more expensive
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has increased the price of electricity by 46 paise per unit under the quarterly...
Russia starts fuel exports to Iran by rail
MOSCOW:Â Russiastarted fuel exports to Iran by rail this year for the first time after traditional buyers shunned trade with Moscow, according to...
Court interventions and share price manipulation: What is going on at Tristar Power?
Complications and legal violations delay, and possibly avert, electricity producer Tri-Star Power Ltd’s potential acquisition by Turkish investors
Askari Securities gets green signal to amalgamate into Fauji Foundation’s securities company
The Sindh High Court sanctioned the scheme of arrangement for merger of Askari Securities Limited (ASL)Â into Foundation Securities Private Limited (FSL)