KP demands Rs1,000 per barrel royalty on oil from centre
PESHAWAR: The Khyber Pakhtunkhwa (KP) government on Thursday demanded the federal government to pay Rs1,000 per barrel royalty on oil being extracted...
CCI directs petroleum ministry to explore possibility of provincial input in OGRA
ISLAMABAD: The Council of Common Interests (CCI) on Thursday directed the Ministry of Petroleum and Natural Resources to explore the possibility of...
Oil prices pull back from five-month highs as rising product stocks weigh
LONDON: Oil prices slipped off five-month highs on Thursday as bearish sentiment about fuel demand undermined support from a weak dollar and...
Petroleum Division aligns strategy to achieve self-sufficiency in oil, gas
ISLAMABAD: The Petroleum Division has aligned its strategy to achieve self-sufficiency in the oil and gas sector by introducing radical measures and...
KP govt incurring Rs5bn annual losses from Ranial Power Project
PESHAWAR: Due to the unavailability of transmission lines, the Ranial Power Project is causing an annual loss of Rs5 billion to Khyber...
SMEDA increases R&D activities to further SME development in PakistanÂ
LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) has increased its Research and Development (R&D) activities aimed at planning the development of...
Cement offtake jumps 41pc to 4.97m tonnes in July
Offtake from the southern region touched an all-time high in July, as total despatches surged 63pc YoY to 1.31m tonnes
Work on 330MW Thar Block-2 power plant in full swing, says Asim Bajwa
Special Assistant to the Prime Minister on Information and Broadcasting Asim Saleem Bajwa on Friday said that the work on the 330...
OGRA notifies increase in LPG prices
The price of locally produced LPG rises Rs18.48 per 11.8kg cylinder
LHC suspends PFA ban on ghee production
LAHORE: The Lahore High Court suspended operation of a notification issued by the Punjab Food Authority (PFA), which envisaged a ban on...
Chinese funding increases coal-fired power generation in Pakistan to record high
While other countries move away from coal-fired power due its negative environmental impact, Chinese funding has increased power generated through coal in...
‘Knowledge economy practices necessary for Pakistan, higher opportunities for tech savvy people’
ISLAMABAD: Development Communications Network (Devcom-Pakistan) organized a webinar titled ‘Industrial Outlook in the New Normal - Risks and Challenges for Pakistan’ on...
MOIT&T urges SBP to make regulations more favourable
ISLAMABAD: The Ministry of Information Technology and Telecommunications (MOIT&T) along with the Pakistan Software Export Board (PSEB), and in conjunction with the...
Govt-owned shares in OGDCL to be divested by 10pc to attract international investment
ISLAMABAD: The Privatisation Commission undertook a proposal of divestment of 10 percent shares of the Oil and Gas Development Company Ltd (OGDCL)...
Sugar reform committee asks FBR to reconcile data with provinces, CCP to curb cartelisation
ISLAMABAD: The sugar sector reform committee has directed the Federal Board of Revenue (FBR) to reconcile sugar stock data with the provinces...