ISLAMABAD: Power distribution companies allegedly overbilled consumers by Rs47 billion to conceal electricity theft, inefficiencies and line losses, audit officials…
Energy Sector
Global oil prices climbed above $95 per barrel on Wednesday as renewed tensions between the United States and Iran rattled…
Security incident raises fresh concerns over global energy supplies and shipping LONDON: Global oil prices rose on Tuesday after reports…
LESCO has launched a high-level inquiry after alleged financial irregularities involving pension funds reportedly caused a loss of Rs684 million.…
Proposed memorandum includes studies on oil field development and transport options beyond the Strait of Hormuz BAGHDAD: Chevron is expected…
Prime minister outlines strategy to boost domestic gas production and strengthen energy security BAGHDAD: Iraq is seeking expanded cooperation with…
PetroChina Wins Tender ISLAMABAD: Pakistan has purchased another spot liquefied natural gas (LNG) cargo for July after Pakistan LNG Limited…
Pakistan’s electricity consumers may soon face another increase in power costs after the National Electric Power Regulatory Authority (NEPRA) approved…