power-sector

Pakistan’s industry paying double power costs of US,,

ISLAMABAD: Pakistan’s industrial sector is paying almost double the electricity prices compared to China, India...
Oil prices

Oil eases in choppy trading on U.S. tariffs, OPEC+ plans

HOUSTON: Oil prices eased slightly in choppy trade on Thursday with Brent still below $70...
oil price

Oil down on OPEC+ output increase, tariffs start and US

LONDON: Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a...
Saudi Aramco profits

Saudi Aramco profits down 12.39 percent in 2024: statement

RIYADH: Saudi Aramco’s net profits dropped 12.39 percent to $106.25 billion in 2024, the world’s...

December 19, 2024

Energy and Economy Forum Highlights Key Energy Sector Challenges

The forum remains committed to proposing actionable solutions for a more robust energy sector, the meeting resolved.

October 28, 2024

Foreign Service Personnel Briefed on Economy at FPCCI

SVP FPCCI also briefed on FPCCI’s Vision 2030; with $100 billion exports as the primary objective.

August 8, 2024

Glencore Retains Coal Business After Shareholder Consultation

ZURICH: Swiss commodities giant Glencore has decided to retain its coal business after consulting shareholders who see the fossil fuel as a significant cash generator.

August 2, 2024

High Capacity Payments Threaten Economy: APTMA

Mazhar attributed the high industrial electricity tariffs to massive capacity payments to IPPs, many of which operate below 30% capacity.