EconomyPakistan
Pakistan – Russia sign joint oil and gas drilling project
ISLAMABAD: Khyber Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) has signed a joint collaboration agreement with Eriell Oilfield Services B.V.,...
EconomyPakistan
969 MW Neelum-Jhelum Hydropower project opening announced
LAHORE: The 969MW Neelum-Jhelum Hydropower Project is fast heading towards completion, as dry testing of electro-mechanical equipment installed at the power...
EconomyPakistan
Petroleum Prices raised in Pakistan
ISLAMABAD – The federal government on Saturday approved an increase in the prices of petroleum products. According to a notification,...
EconomyPakistan
Pakistan to build water reservoirs over Indus river with China s help
The China-Pakistan Economic Corridor (CPEC) initiative has entered a new fruitful era, according to Pakistan’s Minister for Interior and Minister...
EconomyPakistan
Pakistan Railways privatise four major Trains
LAHORE – Pakistan Railways has outsourced the commercial management of four trains under public private partnership to private sector parties....
EconomyPakistan
CPEC: 1263 MW LNG fueled power plant in Jhang to be setup
LAHORE – An agreement has been signed with a Chinese company in Lahore on Friday to set up a 1263 MW LNG-fueled power plant in Jhang....
EconomyPakistan
OGRA recommends an increase of upto Rs 19 in oil prices
ISLAMABAD – Oil and Gas Regulatory Authority OGRA has recommended an increase of Rs 19 in the Kerosene oil prices...
EconomyPakistan
Pakistani Rupee devaluation fear stirs panic, foreign currency accounts witness dollars pile up
KARACHI: Fearing a devaluation of the rupee, Pakistanis have started piling up dollars in their foreign currency accounts. This has...
EconomyPakistan
China s Shanghai Electric Power to take over K-Electric as last hurdle removed
KARACHI – Defence Ministry had given security clearance to Shanghai Electric Power (SEP) for the acquisition of K-Electric. SEP received...