CCP approves two mergers ISLAMABAD: The Competition Commission of Pakistan (CCP) has given the green light to two mergers, paving the way for... Published 01 Oct, 2023 02:59am
Business & Finance Meeting with ministers sought: RLNG/gas supply and pricing need clarity: APTMA ISLAMABAD: While expressing concerns about the continuation of cross-subsidy, the All Pakistan Textile Mills... Published 29 Sep, 2023 06:24am
Print ‘Unholy’ pacts with IPPs must be reviewed: Senate panel ISLAMABAD: The Senate Standing Committee on Cabinet Secretariat recommended that there is an essential need to... Updated 28 Sep, 2023 10:08am
Markets SNGPL removes 233 more gas connections in Punjab, KP & Islamabad LAHORE: During the ongoing crackdown against gas pilferers, SNGPL continued raids in Punjab, Khyber Pakhtunkhwa and... Published 27 Sep, 2023 06:08am
Print Protected gas consumers: Rs500 per mmbtu gas tariff hike under study ISLAMABAD: The federal government has been considering a proposal for increasing Rs500 per mmbtu gas tariff for 60... Updated 26 Sep, 2023 11:17am
Markets Industrial surveillance: SSGC generates extra Rs5.5bn revenue KARACHI: SSGC’s Security Services and Counter Gas Theft Operations (SS&CGTO) Department is at the forefront of... Published 20 Sep, 2023 06:28am
Print Supply from Jhimpir Wind Farm to go down: KE seeks 60 MMCFD more gas to operate BQPS-II ISLAMABAD: K-Electric has sought an additional 60 MMCFD gas to operate its BQPS-II for 45 days on gas instead of... Updated 17 Sep, 2023 07:01pm
Print Summary seeking up to 50pc raise in gas sale prices re-submitted Interim Minister for Energy, Muhammad Ali says increase in gas rates ahead of winter was inevitable to contain the gas-sector circular debt Updated 15 Sep, 2023 10:07am
Markets SNGPL dismantles illegal gas network in Mardan during crackdown on power thieves ISLAMABAD: The Sui Northern Gas Pipeline Limited (SNGPL) has unearthed, on Thursday, an illegal gas network in... Published 15 Sep, 2023 06:31am
Markets SNGPL takes action against gas pilferers LAHORE: As part of the recently launched crackdown against gas pilferers, SNGPL’s regional teams conducted series... Published 13 Sep, 2023 06:17am
Print MoE advocates supply of RLNG to bulk consumers ISLAMABAD: Ministry of Energy (MoE) has proposed supply of Re-gasified Liquefied Natural Gas (RLNG) to bulk... Updated 13 Sep, 2023 09:07am
Markets Fossil fuel demand to peak this decade: IEA chief tells FT PARIS: World demand for oil, gas and coal is forecast to peak this decade for the first time as the use of cleaner... Published 12 Sep, 2023 02:13pm
Markets SNGPL taking ‘decisive action’ against gas pilferers ISLAMABAD: The Sui Northern Gas Pipeline Limited (SNGPL) Islamabad has been taking decisive action against gas... Published 07 Sep, 2023 06:21am
Markets US oil, gas output nears peak LONDON: US crude oil production increased again in June and is nearing the record high set before the pandemic, but... Published 05 Sep, 2023 06:22am
Markets Iraq to import gas from Turkmenistan to meet power needs BAGHDAD: Iraq will import gas from Turkmenistan under an initial agreement reached by the countries to meet part of... Published 28 Aug, 2023 06:27am
Opinion Rethinking natural gas allocation and pricing: Challenges and path to sustainable solutions The allocation and pricing of natural gas have been contentious issues in Pakistan, with the government historically... Updated 24 Aug, 2023 06:53am
Business & Finance China’s CNOOC posts 11.3pc fall in H1 profit BEIJING: Chinese national oil and gas company CNOOC Ltd on Thursday posted a 11.3% fall in first-half profit as ... Published 21 Aug, 2023 06:43am
Markets Sindh & Balochistan: Textile units hit hard by two days per week gas suspension: TMA KARACHI: Syed Usman Ali, Chairman South Circle of the Towel Manufacturers Association of Pakistan, has raised... Published 16 Aug, 2023 05:50am
Opinion Gas: No more window dressing, please Reportedly, the plan to reduce the gas circular debt has been shared with the IMF. It has two components – one is... Updated 15 Aug, 2023 06:57am
Markets Annual maintenance shutdown in gas field to affect SSGC’s supplies KARACHI: OGDCL has issued an ‘Annual Turnaround Plan 2023’ for its Kunnar-Pasakhi Deep (KPD) gas field whereby ... Published 11 Aug, 2023 05:17am
Markets Senate panel told: SSGC gas production shrinking sharply ISLAMABAD: The Senate Standing Committee on Petroleum was apprised on Wednesday that the gas production in Sui... Published 10 Aug, 2023 06:35am
Markets Egypt’s natural gas production declines and power cuts bite CAIRO: Egypt’s natural gas production fell to a three-year low in the first five months of 2023, figures from the... Published 08 Aug, 2023 07:12am
Print Execution of schemes: ECC approves Rs1.016bn TSG for Petroleum Division ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved Rs1.016 billion... Updated 03 Aug, 2023 09:16am
Markets Russia’s Jan-June gas output down MOSCOW: Russia’s natural gas production in the first half of the year fell by almost 10% to 330 billion cubic... Published 27 Jul, 2023 06:26am
Print Gas allocation policy: Industry seeks govt help to address ‘violation’ ISLAMABAD: Federal B, Area Association of Trade and Industry has sought the Finance Minister’s help to address the... Updated 09 Jul, 2023 04:16pm
Markets US oil, gas production set to turn down LONDON: US oil and gas production continued to trend higher through April – a delayed response to very high prices... Published 07 Jul, 2023 05:24am
Business & Finance OGDCL revives Jhal Magsi gas project ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), the leading exploration and production state-owned... Published 04 Jul, 2023 05:07am
Markets China keeps coal, gas-fired plants as backup for green power SINGAPORE: Record heat across Asia is putting its surging renewable power fleet to the test, highlighting the need... Published 25 Jun, 2023 02:57am
Print Govt to buy LNG from Azerbaijan ISLAMABAD: Pakistan on Wednesday approved a liquefied natural gas (LNG) purchase agreement framework with... Updated 15 Jun, 2023 09:07am
Markets US natgas falls on low demand NEW YORK: US natural gas futures fell about 3% on Friday on forecasts for less demand over the next two weeks than... Published 11 Jun, 2023 03:55am