Business & Finance - Fuel and Energy

K-Electric holds 109th AGM FY2019

K-Electric holds 109th AGM FY2019

KARACHI: K-Electric (KE) held its 109th Annual General Meeting (AGM) FY 2019 here. With the on-going Covid-19 pandemic, the utility's AGM was hosted virtually for...

Tariff petitions: Nepra shelves public hearing

Tariff petitions: Nepra shelves public hearing

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Wednesday shelved scheduled public hearing of tariff petitions filed by Distribution Companies (Discos) for adjustment of...

CNG sector seeks cut in gas prices by 45 percent

CNG sector seeks cut in gas prices by 45 percent

ISLAMABAD: The CNG sector asked the Petroleum Division and the Oil and Gas Regulatory Authority (Ogra) to reduce the gas prices by 45 percent in...

POL products: Cut in prices leads to ‘synthetic shortage’ in Hyderabad

POL products: Cut in prices leads to ‘synthetic shortage’ in Hyderabad

HYDERABAD: The reduction in the prices of petroleum products has led to the 'synthetic scarcity' of the commodities at the filling stations in Hyderabad division...

US natural gas futures flat as LNG exports fall

US natural gas futures flat as LNG exports fall

NEW YORK: US natural gas futures were little changed on Tuesday as rising demand for the fuel from power generators to keep air conditioners humming...

Asia’s naphtha crack hits five-week high

Asia’s naphtha crack hits five-week high

SINGAPORE: Asia's naphtha crack hit a five-week high of $47.88 a tonne on Tuesday on expectations that demand for July-delivery cargoes would remain strong as...

Oil hovers below $40 as doubts emerge over next step on OPEC cuts

Oil hovers below $40 as doubts emerge over next step on OPEC cuts

NEW YORK: Oil pulled back slightly on Wednesday after briefly jumping above $40 a barrel, the highest since March, retreating as doubts emerged about the...

Masses facing artificial shortages of petrol, HSD across country

Masses facing artificial shortages of petrol, HSD across country

ISLAMABAD: General masses are facing artificial shortages of petrol and high-speed diesel (HSD) across the country after the government's decision to reduce ex-refinery price of...

Sell-off of 2 RLNG plants delayed: Power Division to sort out NPPMCL tariff issues on 6th

Sell-off of 2 RLNG plants delayed: Power Division to sort out NPPMCL tariff issues on 6th

ISLAMABAD: The Privatization Division has convened a meeting to sort out problems in tariff determination of the National Power Management Company Limited (NPPMCL) on June...

PSO clarification

PSO clarification

KARACHI: Pakistan State Oil (PSO) has repudiated the news circulating in some sections of the media fomenting speculations about shortage of fuel in the country.PSO...

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