KARACHI: The board of directors of Sitara Energy Limited (SEL) has approved the financial information of the company for the year ended June 30, 2011 on Thursday.
KARACHI: Kohinoor Energy Limited (KOHE) showed outstanding performance during the first quarter of financial year 2011 (1QFY11) as its profits surged by 137.26 percent year on year (YoY) to Rs 180.459 million as compared to Rs 76.061 million in the same period previous year, mentioned in a notice issued by the company to Karachi Stock exchange.
SINGAPORE: Oil fell by more than $1 on Monday as the dollar strengthened and investors shunned commodity risk because of Europe's deepening sovereign debt crisis, while economic gloom dampened the outlook for energy use.
SINGAPORE: Oil fell on Thursday as rising fuel stocks and falling demand in top consumer the United States reinforced fears that crumbling economic growth and Europe's debt crisis would dent energy use, while a stronger dollar pressured prices.
ISLAMABAD: Rising circular debt issues and ongoing power riots have brought Prime Minister Syed Yousuf Raza Gilani into action as he asked the inter-ministerial committee on energy to submit report in the special Cabinet meeting on October 12.
ISLAMABAD: The first Liquified Natural Gas (LNG) terminal project for the import of 400-500 million cubic feet (mmcf) LNG was signed here on Friday in order to overcome energy crisis in the country and to reduce growing dependence on expensive furnace oil.
ISLAMABAD: Identifying the investment opportunities in alternate energy, National Electric Power Regulatory Authority (Nepra) has approved upfront tariffs for wind power projects on Thursday.