The United Arab Emirates (UAE) will invest $5 billion in an oil refinery project in Pakistan by the end of the year, Arab News reported on Friday. In an interview with the publication, UAE Ambassador

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Asia's naphtha crack rose for a fifth straight session to touch a nine-month high of $66.40 a tonne on Wednesday, supported by strong demand for spot cargoes following attacks on Saudi oil facilities on September

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US natural gas futures inched higher on Wednesday as declining production provided some support, but prices held near a one month low on forecasts for the weather to moderate over the next two weeks, keeping

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US crude futures were slightly lower on Thursday, drawing some support from the stock market after earlier touching nearly two-month lows on weak economic data. US crude settled at $52.45 a barrel, down 19 cents.

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The Lahore Electric Supply Company (LESCO) management is allegedly trying to protect a XEN by not suspending him after his name appeared in an FIR against corruption charges. It is learnt that LESCO management is

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The contribution of hydel power by the Pakistan Water and Power Development Authority (WAPDA) to the National Grid during first quarter of fiscal year 2019-20 surged to a historic level, as it provided 15.20 billion

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Thousands of Wapda workers all over the country observed 'protest day' on Thursday under the aegis of All Pakistan Wapda Hydro Electric Workers Union CBA by holding rallies and protest march against the proposed privatization

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Federal Minister of Power Omer Ayub Khan while blaming the previous government's wrong policies for the recent hike in electricity prices said that it will not affect seventy-five percent domestic consumers. Addressing a news conference

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US natural gas futures dropped to one month low on Tuesday, weighed down by record production and forecasts for the weather to moderate over the next two weeks. Gas futures for November delivery on the

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Russian President Vladimir Putin on Wednesday said Denmark as a "small country" faces pressure to block the controversial Nord Stream 2 gas pipeline but it will be built on another route if necessary. The pipeline

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