You Are Here: Home » Fuel and Energy
Enormous Power break down darkens Karachi
Enormous Power break down darkens karachi. Art by *abro* Enormous Power break down darkens Karachi. KARACHI: Almost the entire city was deprived of electricity on Wednesday evening after a power crisis of horrendous proportions hit power generation, transmission,...
International Oil Price hits year top above $71
VIENNA: International oil price touched a year-high Wednesday as it crossed over $71 a barrel. Benchmark crude for July delivery was up $1.35 at $71.36 a barrel by noon in European electronic trading on the New York Mercantile Exchange. According to...
Pakistan, Iran sign gas pipeline deal
Monday, May 25, 2009 TEHRAN: President Asif Ali Zardari and his Iranian counterpart, Dr Mahmoud Ahmadinejad, on Sunday signed an inter-governmental framework declaration to support within the framework of their respective laws and regulations the gas...
How much oil have we used?
Estimates of how much crude oil we have extracted from the planet vary wildly. Now, UK researchers have published a new estimate in the International Journal of Oil, Gas and Coal Technology that suggests we may have used more than we think. he idea that...
Oil retreats toward $54 a barrel
SINGAPORE (Reuters) – Oil edged down toward $54 a barrel on Tuesday as investors paused for breath after a four-day rally, when hopes of economic recovery sent the contract to its highest settlement for 2009 in the previous session. A series of...
Asian crude outlook
SINGAPORE: Remaining barrels of June Middle East crude could clear this week, while July Oman cargoes will start trading and June Oman OSP is likely to be calculated higher, traders said. Trading on the Asia-Pacific crude market for June cargoes is expected...
Pakistan may bring LNG and LPG from Turkmenistan
ISLAMABAD: Pakistan is likely to bring Liquefied Natural Gas (LNG) and Liquefied Petroleum Gas (LPG) from Turkmenistan to meet its energy requirements besides offering Turkmenistan a facility at Gwadar Port for processing gas and export to other markets...
PSO Management Board reviews unaudited financial report
KARACHI: The Board of Management of Pakistan State Oil reviewed the unaudited financial report for the nine months ended March 31, 2009. Sardar Yasin Malik, Chairman, Board of Management, PSO presided over the meeting. According to a press release issued...
KESC advertisements seen as sheer waste of money
KARACHI: Karachi Electric Supply Company (KESC), which is complaining about a lack of funds to purchase furnace oil for power generation and other expenditures, has extravagantly spent millions of rupees on advertisements with no visible improvement in...