Government in the process of re-doing the capping plan under a commitment with the lending agencies.
Gas exploration companies will remain unaffected by Baker Hughes' exit, but oil exploration companies will suffer.
Only 15 out of 228 SROs were issued with the approval of the ECC or for implementation of ECC decisions.
ECC of the Cabinet is expected to allow marketing of the petrol with an estimated price increase of Rs2.75 per litre.
The growth in Asia and the Pacific’s developing economies for 2016 and 2017 will remain solid, the ADB report says.
The achievement of new structural benchmarks would make Pakistan eligible for a small $103m tranche.
ISLAMABAD: The government plans to revise consumer tariff for natural gas and electricity this month to allow...
Pakistan to move international court of arbitration, Khwaja Asif says in a tweet.
The CCOP decisions indicated a serious move to revive privatisation programme which had been stalled for months.
Minister questions veracity of Met Office forecasts; provinces told to prepare for urban flooding
PSM is already on “zero production heat mode” since its gas supply was drastically cut.
Nepra does not find any legal, financial or procedural ground to allow the recovery by the distribution companies.
There is no uniform law that prescribes standardisation and predictability in choosing arbitral framework
Water level in the reservoir has crossed the 1,511 feet mark a week ahead of the target date: official.
Pakistan’s contingent liabilities increased 10.5pc to Rs663bn by the end of March 2016.
The decision is taken to bring uniformity among projects built under the power policies of 2002 and 2012.
The signing will lead to further development, financing, construction and subsequently operation of the project.
Ogra recommends an increase of 3pc in the price of petrol, 5.2pc in HSD, 4.85pc in HOBC and 19.93pc in kerosene.
The decision is aimed at facilitating setting up of 3,600MW plants in the public sector.
Nepra has admitted for second review on a request to enhance the cost of the project by 55pc to Rs65bn.