ISLAMABAD-The Islamabad High Court (IHC) on Tuesday rejected a plea seeking stay orders on actions against an oil company in fuel crisis scandal and sought comments from respondents on the petition.Chief Justice Athar Minallah conducted hearing on a petition file by an oil company challenging the ...

ISLAMABAD-:Speaker National Assembly Asad Qaiser on Tuesday directed the Minister for Petroleum to submit report regarding the shortage of petroleum products in the country.Junaid Akbar, member National Assembly while highlighting the issue said that people of his area were facing shortage of ...

*ISLAMABAD - **World’s largest oil and gas giant makes entry into Pakistan.* *The Energas consortium in Pakistan is planning to make the country’s largest liquefied natural gas terminal operational by 2021 to meet the growing demand for gas, the Bloomberg reported link Friday.* The ...

ISLAMABAD: Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan on Monday announced reshuffle in the federal cabinet. The special assistant took to twitter saying govt has decided to appoint former finance minister Asad Umar as federal minister for planning ...

ISLAMABAD - Some officials in the Ministry of Petroleum and its subsidiaries are trying their best to create hurdles for the North-South Gas Pipeline project, says a report from a local news website. These officials have raised unnecessary objections on TMK, a Russian company that has a good ...

ISLAMABAD - The government has increased the price of petrol by Re1 per litre and that of high-speed diesel by 27-paisa per litre for the month of November, according to a notification issued by the Ministry of Finance. However, the price of light diesel has been decreased by Rs6.56 while that of ...

ISLAMABAD: Answers to NAB’s questionnaire by former finance minister Miftah Ismail, who is the next target of NAB after the arrest of Shahid Khaqan Abbasi in LNG Terminal case, were like casting pearls before swine as the Bureau’s subsequent actions proved that it could not understand ...

*ISLAMABAD: Petroleum Division (PD) of the Energy Ministry on Sunday said the results of four-month offshore drilling at Indus G-Block called Kekra-I, some 230-km off the Karachi coast, had shown good quality hydrocarbon reservoir but unfortunately these were water wet.* “After the well ...

ISLAMABAD - The drilling activities in Indus G-Block called Kekra-1 near Karachi coast has been completed, which had been in process since last four months. A consortium of four major oil exploration companies has finished the drilling activities near the coast. The companies dug the Kekra-1 well ...

Economic Coordination Committee of the Cabinet has directed Utility Stores Corporation to expedite the procurement of essential food items to provide timely relief to the people in holy month of Ramazan.     The meeting of the ECC was held in Islamabad today (Wednesday) with ...