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ICC upholds Pakistan's jurisdiction in oil dispute

Court rules Frontier Holdings Limited must bear arbitration costs, set at $250,000

Energy sector circular debt reaches Rs4.7tr

ISLAMABAD: Pakistan’s energy sector is grappling with a formidable challenge as the circular debt has skyrocketed to a staggering Rs4.7 trillion, with capacity payments to Independent Power.

Petroleum concession deals, exploration licences signed

ISLAMABAD: Petroleum Concession Agreements (PCAs) and Exploration Licences (ELs) over block no Kotra East (2867-8),.

Govt awards 8 new blocks to step up E&P activities

Govt executes concession agreements with E&P firms

ISLAMABAD: The government executed the Petroleum Concession Agreements and Exploration Licences on Wednesday for eight blocks with Pakistani Exploration and Production companies committed to.