Ogra reports increase in the international oil prices in July which required to be passed on to the consumers.
The govt issued instructions to PPIB not to extend expiring LoIs and LoSs for existing proposals or issue new ones.
Nandipur plant is running at a capacity of about 230MW against its actual capacity of 425MW, Nepra told.
The oil industry is already in courts against annual fees and taxes imposed by Ogra on OMCs and refineries.
ECC also approves $27.2m remittance to create jobs for Pakistanis in UAE.
The three provinces accuse the centre of violating their right to have control over gas they produce.
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.