NTDC installs 600MVA transformer at Yousafwala grid station 

MD says transformer installation will help improve power supply to MEPCO areas of Sahiwal, Chichawatni, Pakpattan, Arifwala, Kassowal, Vehari and Chishtian
SNGPL head office

SNGPL clarifies qualified report by auditor

Editor's note: SNGPL has sent this clarification on the news below: "It is clarified that this news has commented but did not...

Pakistan Tobacco Company’s profit increases 7.95pc to 7.6bn in six months

LAHORE: Pakistan Tobacco Company Limited (PAKT) on Friday released its financial results for the half year ended June 30, 2020 announcing that...

Asia LNG spot prices plummeted by 50pc from January to $2.5 per mmBTU in July: Fitch Solutions

Analyst believes low international prices are a brilliant opportunity for the Pakistani government nowadays to regain energy competitiveness, provide affordable electricity/gas & catalyze the decaying industrialization

OGRA removes bottlenecks in wellhead gas price notification

ISLAMABAD: In an apparent bid to promote indigenous gas production, the Oil and Gas Regulatory Authority (OGRA) has removed certain bottlenecks in...

NEPRA approves Rs4.26 hike in power rates for five months

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved an increase of Rs4.26 in the per-unit price of electricity for five...

Wilmar Agro raises stake to 30 per cent in Unity Foods

Previously, the Wilmar unit held 11.01pc stake in Unity Foods which it acquired in May 2019 equivalent to 59,905,187 shares of the company

Oil eases as high US oil stocks outweigh weak dollar

LONDON: Oil prices edged lower on Thursday as a weaker dollar, which usually boosts oil prices, was outweighed by concerns about rising...

PM stresses comprehensive planning to meet gas requirements

SAPM Nadeem Babar asked to hold consultations with energy experts to find a durable solution to gas-related matters

Sports goods’ exports drop 15pc in FY20

Pakistan's football exports fall from $160 million in FY19 to $144 million

Six OMCs granted permission to operate in 2018-19: OGRA report

ISLAMABAD: The annual report for Oil and Gas Regulatory Authority’s (OGRA) performance for the year 2018-19, was issued on Tuesday. According to the...

Covid-19: Big industry contracts over 24pc in May

ISLAMABAD: Due to the Covid-19 outbreak and exchange rate depreciation, the large-scale manufacturing (LSM) output declined by a record 24.8pc year-on-year in...

Cement exports surge 46.5pc in June

However, on a cumulative basis, Pakistan's cement exports fell 4.52pc to $259m in FY20

Covid-19: Pakistan to showcase garments at digital global expo

LAHORE: While international textile exhibitions have been cancelled due to countries imposing lockdowns to contain the spread of Covid-19, Pakistan Readymade Garments...

DGPC, exploration companies asked to accept findings of third-party consultants

ISLAMABAD: The Petroleum Division has taken a policy decision to make Director General Petroleum Concession (DGPC) and Exploration and Production (E&P) companies...