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Petrol, HSD prices increased

PAR Feb 1, 2017 0

The government has increased the prices of petrol and high speed diesel (HSD) by Rs 2.25 and Rs 2.26 per litre respectively. Federal Finance Minister...

Shell offloads $4.7 billion of energy assets after BG deal

PAR Feb 1, 2017 0

Royal Dutch Shell has sold North Sea and Thai energy assets for $4.7 billion (3.7 billion euros) to become leaner and reduce debt after buying rival B...

CNG sector should deposit GIDC into exchequer: Khaqan

PAR Feb 1, 2017 0

Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi has said that the government has no power to waive any tax and the CNG secto...

US natural gas futures fall on warmer weather

PAR Feb 1, 2017 0

US natural gas futures on Monday fell to their lowest level in over a week on forecasts for temperatures to moderate over the next two weeks and remai...

2400 megawatts to be added to national grid by September

PAR Feb 1, 2017 0

Three LNG-based power plants in public sector would add 2400MW to the national grid by September this year, it has been learnt. Sources said here on T...

ARL's profit after tax surges

PAR Jan 28, 2017 0

The profit after tax of Attock Refinery Limited (ARL) has increased to Rs 1,510.688 million in the quarter ended in December 31, 2016 as compared to R...

NRL posts Rs 2.062 billion PAT

PAR Jan 28, 2017 0

National Refinery Limited (NRL) has posted Rs 2.062 billion as profit after tax for the quarter ended December 31, 2016 as compared to Rs 2.478 billio...

Oil and gas exploration Notices served to 17 inactive licence holders

PAR Jan 28, 2017 0

The Ministry of Petroleum and Natural Resources (MoP&NR) has initiated its drive against non-performing oil and gas exploration and production (E&...

Oil, gas E&P companies: Ministry tightens noose around non-performing licence holders

PAR Jan 27, 2017 0

Ministry of Petroleum and Natural Resources has tightened the noose around the oil and gas Exploration and Production (E&P) companies, holding non...

Agreements signed to set up 1650 MW coal power plants

PAR Jan 25, 2017 0

The government Wednesday signed four agreements to set up two coal based power plants of 1650 MW in Hub and Thar under China Pakistan Economic Corrido...

Extensive oil, gas exploration activities begin in Fata

PAR Jan 25, 2017 0

In a bid to achieve self-sufficiency in the energy sector, the government has started extensive oil and gas exploration activities in different parts...

Lieutenant General Ishfaq Nadeem made MD/CEO Mari Petroleum

PAR Jan 24, 2017 0

Lieutenant General Ishfaq Nadeem Ahmed HI (M) has been appointed as MD/CEO of Mari Petroleum Company with effect from 26 January 2017. Lieutenant Gene...

Coal transportation will begin by month's end

PAR Jan 24, 2017 0

Pakistan Railways (PR) will start a train service to transport coal from Port Qasim Karachi to Sahiwal coal fired power plant by the last week of Janu...

MoP&NR mulling appointing its officers in OGRA

PAR Jan 23, 2017 0

The Ministry of Petroleum and Natural Resources (MoP&NR) is considering appointing two of its senior most officers on vacant positions of Member O...

UNIDO's Cleantech to help face challenges of energy and environment

PAR Jan 23, 2017 0

The UNIDO has introduced the Global Cleantech Innovation Programme (GCIP) for Pakistan with the collaboration of Global Environment Facility (GEF) for...