ISLAMABAD (92 News) – The Economic Coordination Committee (ECC) approved an Rs1.50 per unit increase in the power rate. However, the increase will not be applicable on the consumers using units up to 300 units. However, the increase has been linked to approval from the federal cabinet. On the other hand, the ECC postponed the … Read More
KARACHI (92 News) – The CNG stations across Sindh, including Karachi, will remain closed on Monday. According to the reports, the decision was taken by the gas load management. CNG stations will remain close from 8am Monday for 24 hours across Sindh including Karachi. The gas supply to CNG stations will remain closed from 8:00am … Read More
ZIARAT (92 News) – Three people were killed when a gas cylinder exploded in a vehicle at Kharwari Baba, a tourist resort, in Ziarat on Friday. The victims have been identified as Shabbir Abbas, Zainul Abideen and Khadija. Several people were injured and shifted to hospital for treatment. Balochistan Chief Minister Jam Kamal has expressed … Read More
ISLAMABAD (92 News) – No reservoir of oil and gas was found from the sea after drilling, revealed sources. They said that the testing process had been completed after the drilling. “No reservoir of oil and gas could be found from sea,” they disclosed. The sources said that Prime Minister Imran Khan had been informed … Read More
ISLAMABAD (92 News) – The opposition on Saturday rejected the increase in the gas price. Senator Sherry Rehman said that the Oil and Gas Regulatory Authority (Ogra) had recommended a 45 percent increase in the prices of gas. “The decision will burden the masses with an additional amount of Rs175 billion,” she said. Sherry Rehman … Read More
ISLAMABAD (92 News) – The International Monetary Fund (IMF) has demanded the more strict conditions for the bailout package as the IMF emphasized to impose tax on agriculture. According to the sources, the IMF also did not accept the finance team of Pakistan and expressed Adviser to Prime Minister Shaikh Abdul Hafeez negative views about … Read More
ISLAMABAD (92 News) – Prime Minister Imran Khan has said that the debt would increase if the petrol price was not raised. Speaking at the 23rd Foundation Day of the PTI, he said that they had received deficit of Rs19 billion in the current account. “The PPP, the PML-N had not left the canals of … Read More
KARACHI (92 News) – The inflation rate surged 7.19% in January 2019 According to Bureau of Statistics, the annual inflation rate in Pakistan has climbed one percent in January 2019 as compared to December 2018.Increased prices of gas and other items also caused surge in the inflation. As per statistics, the fares of public … Read More
ISLAMABAD (92 News) – Former prime minister Shahid Khaqan Abbasi said that the government has totally failed during five months. Addressing a press conference on Saturday, he said that people are without electricity and gas as there was no crisis of the commodities. “I am responsible for bringing LNG in the country. The NAB should … Read More
ISLAMABAD (92 News) – Prime Minister’s Special Assistant on Media Iftikhkar Durrani said the cabinet approved the Economic Coordination Committee’s decision of exporting 1.1 million tons sugar. The federal cabinet meeting was held under the chair of Prime Minister Imran Kahn. Speaking on the occasion, Iftikhar said subsidy of 25.5 billion rupees on gas to … Read More
ZIARAT (92 News) – Three miners died due to suffocation after the coal mine was filled with poisonous gas on Sunday. The bodies have been recovered. Two miners fell unconscious and were shifted to hospital. All the miners belonged to Zhob.
LAHORE (92 News) – The Economic Coordination Committee (ECC) has approved an Rs 17 billion package for the Pakistan International Airlines. During a meeting presided over by Finance Minister Asad Umar on Monday, the ECC ordered that extra gas to 22 companies in November, December and January. The meeting directed the provinces to improve the … Read More
LONDON (Reuters) – British utility Centrica said on Monday it has made a multi-million pound investment in an Israeli start-up that develops software for electric vehicle charging solutions. Israeli company Driivz has developed a cloud-based EV charging operating system that helps power network operators, car manufacturers and utilities manage charging and account billing, Centrica said. … Read More
BERLIN (Reuters) – German industrial gases group Linde said it and US rival Praxair may need to sell more assets than anticipated to secure antitrust approval for their planned $87 billion tie-up, which could scupper the deal. The planned combination in an all-shares merger, agreed in principle in December 2016, would create a global leader … Read More
QUETTA (92 News) – Huge reserves of natural gas were recovered in Jandran, Kohlu on Wednesday. The reserves are three-time bigger than Sui’s. Sources said that reserves could fulfill the country’s needs for 50 years. They said that the country will have no need to import gas.