Tight Gas Policy 2024 eyes increased investment in Pakistan’s energy sector The federal government, in its bid to facilitate investment by the oil and gas industry in unconventional... Updated 01 Feb, 2024 05:51pm
Markets KSE-100 loses steam amid late selling, closes marginally higher Profit-taking erased earlier gains at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 closed with an... Updated 31 Jan, 2024 09:42pm
Print Gas from new discoveries: SNGPL opposes giving half share to ‘third party players’ ISLAMABAD; Sui Northern Gas Pipeline Company Limited (SNGPL) has opposed allocation of 50 per cent indigenous gas... Updated 29 Jan, 2024 09:37am
Business & Finance PRL says plans to double refining capacity within 5 years KARACHI: Pakistan Refinery Limited (PRL) revealed a plan on Friday to double its capacity to 100,000 barrels per day... Updated 26 Jan, 2024 10:42pm
Print PM urges Al-Jomaih Group to invest in alternative energy ISLAMABAD: The government welcomes Saudi investment in Pakistan’s energy sector, stated Caretaker Prime Minister... Updated 26 Jan, 2024 09:36am
Markets Govt executes petroleum concession agreement, exploration licences with E&Ps Petroleum Division says minimum investment to be carried out by E&P companies will be over $33.3 million in 3 years Updated 24 Jan, 2024 07:07pm
BR Research Circular debt settlement plan The circular debt settlement plan of Rs1,268 billion developed by the Ministry of Energy (MoE) is making rounds in... Published 24 Jan, 2024 07:53am
Markets KSE-100 extends gains as bullish trend continues after mixed start Experts say buying driven amid commencement of corporate result season Updated 23 Jan, 2024 09:36pm
Business & Finance SIFC clears proposal: APTMA urges govt to expedite power tariff cut process ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has asked the government to expedite process to slash... Published 23 Jan, 2024 05:14am
Markets APTMA calls for urgent removal of power tariff cross-subsidy The All Pakistan Textile Mills Association (APTMA), which represents the largest industrial sector of Pakistan, has... Updated 22 Jan, 2024 08:25pm
Markets Oil and gas sector drives PSX after dull session Buying interest comes after reports that Pakistan is expected to resolve its circular debt of energy sector crisis Updated 22 Jan, 2024 10:55pm
Print Power tariff: Timely adjustments critical to energy sector viability: IMF ISLAMABAD: Timely adjustments in electricity tariff are critical to restore energy sector viability while... Updated 21 Jan, 2024 10:11pm
Opinion The rampant energy theft Pak-Arab Refinery Company (PARCO) reported this week an incident of oil theft that purportedly took place at a... Updated 20 Jan, 2024 05:56am
Markets Mari Petroleum successfully drills another appraisal well in Sindh Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has successfully... Updated 19 Jan, 2024 10:51pm
Print Energy sector: Circular debt jumps to over Rs5.725trn Minister for Power and Petroleum prepares an innovative plan to reduce circular debt of energy sector Updated 19 Jan, 2024 10:03am
Opinion Coal power plants: early retirement? Recently, a conference was held in Islamabad on the proposal of “Early Retirement of Coal Power Plants”. Those... Published 18 Jan, 2024 05:54am
Opinion IMF projections The good news is that the IMF Executive Board has completed the First Review of the Stand-By Arrangement for ... Updated 16 Jan, 2024 06:12am
Print Red Sea trade disruption hits energy sector QatarEnergy holds back at least four gas tankers from the Red Sea Updated 16 Jan, 2024 10:03am
Print Focus on cooperation with Russia: Work begins on 13th 5-year energy plan ISLAMABAD: Ministry of Planning, Development and Special Initiatives (M/o PD&SI) has commenced working on... Updated 16 Jan, 2024 09:41am
Pakistan Three SNGPL officers promoted ISLAMABAD: The SNGPL’S Board of Directors in its 618th meeting has approved promotion of three officers of higher... Published 14 Jan, 2024 03:13am
Print 9-cent tariff: Govt yet to cross several bridges? Issues of rationalization of tariff and circular debt stock reduction were recently discussed at a meeting of the Apex Committee of Special Investment Facilitation Council (SIFC) Updated 13 Jan, 2024 05:01pm
Markets KSE-100 closes over 1% higher as rate cut talks heat up Expectations of cut in key policy rate, developments on oil/gas front boost sentiment However, SBP has yet to issue advance calendar on schedule of monetary policy committee meetings Updated 11 Jan, 2024 10:17pm
Markets ICMA webinar reveals comprehensive plans aimed at revolutionising energy sector KARACHI: In a recent live webinar organized by the Institute of Cost and Management Accountants of Pakistan (ICMA),... Published 11 Jan, 2024 06:15am
Print Discos likely to be put under army’s microscope The Federal Cabinet is all set to approve establishment of Performance Management Units (PMUs) in five high loss-making power Distribution Companies Updated 09 Jan, 2024 10:15am
Markets TSX flat as energy gains offset declines in miners OTTAWA: Canada’s resource-heavy main stock index was little changed on the final trading day of the year, as... Published 01 Jan, 2024 05:40am
Opinion Obituary Wasim Zuberi: a gentleman extraordinary departs On 15th December 2023 in Islamabad, the family of Wasim Zuberi lost their lovable patriarch, the petroleum sector... Published 30 Dec, 2023 06:28am
Opinion Energy use in region: comparisons odious Energy is pivotal for growth, yet Pakistan’s situation is grim. Despite possessing abundant resources, its energy... Published 25 Dec, 2023 05:42am
Editorials K-Electric: a clear-cut success story EDITORIAL: The government has come to its senses at long last and settled its disputes with K-Electric (KE) Ltd, the... Published 21 Dec, 2023 03:54am
Pakistan LUMS Energy Institute launches report on energy- efficient buildings LAHORE: In a milestone event, the LUMS Energy Institute (LEI), a research and capacity building centre with a focus... Published 18 Dec, 2023 06:42am
Opinion Energy sector – ‘a nightmare’ Caretaker Prime Minister Anwaar-ul-Haq Kakar in a statement this week has described the energy sector as “a... Published 16 Dec, 2023 05:49am
Pakistan’s pharma sector can increase exports to $3bn in five years, but it ‘needs policy, govt support’