Pakistan starts receiving Saudi crude oil on deferred payment

KARACHI: Pakistan has started receiving crude oil on deferred payment from Saudi Arabia. In this regard two ships carrying 116,276 metric ton crude oil arrived at Karachi port on Saturday. Read more »

Engro starts commercial operation of 660MW coal-fired power project

KARACHI: Engro Powergen Thar (Private) Limited on Wednesday started commercial operation of its 660 Megawatts Coal-Fired power generation complex at Thar Block-II, District Tharparkar, Sindh. Read more »

FBR issues uniform 17pc sales tax rates for petroleum products

ISLAMABAD: Federal Board of Revenue (FBR) on Sunday issued uniformed sales tax rates for petroleum products effective from July 01, 2019. Read more »

New petroleum policy to offer incentives to foreign E&P companies: Imran Khan

ISLAMABAD: Prime Minister Imran Khan has said that the government is working on a new petroleum policy, which will offer incentives to foreign exploration and production (E&P) companies. Read more »