Category Archives: Oil, Gas and Power

International Power selling its total shareholding of 17.4% in Hub Power Company Hubco

Karachi: International Power Monday announced it has entered into two separate sets of sale and purchase agreements in connection with …

International Power enters into SPA with Dawood Group, Allied Bank to sell its entire holding of 201mn shares

ISLAMABAD: National Power International Holding BV (International Power), the major shareholder of Hubco (17.44% holding) has entered into share sale …

Pakistan plans to import 500 mmcfd Liquefied Natural Gas from Qatar

ISLAMABAD: The National Assembly was informed Thursday that Minister for Petroleum and Natural Dr. Asim Hussain has said Pakistan plans …

Fate of 551 CNG pumps hangs in balance

ISLAMABAD: The Ministry of Petroleum and All Pakistan CNG Association (APCNGA) on Monday failed to reach any decision over the …

LPG price increase by Rs 5,353 to record high of Rs 118,429 per ton

KARACHI: Liquefied Petroleum Gas (LPG) price was on Saturday raised by Rs 5,353 to record high of Rs 118,429 per …

European Union to financially support Munda Dam, establish micro hydro projects

ISLAMABAD: Ambassador of Head of European Union EU Delegation to Pakistan, H.E. LarsGunnar WEIGMARK on Thursday called on the Federal …