Balakot people protest non-repair of faulty transformer of order on first Ramazan.

MANSEHRA, Scores of people on Wednesday took to streets in Balakot to protest power suspension in Mangal area because of a faulty transformer.
They threatened to block the Kaghan road indefinitely if the transformer was not changed or repaired within next 24 hours.
The protesters marched through...Balakot people protest non-repair of faulty transformer of order on first Ramazan.

Sindh Engro Coal Mining Company (SECMC) to build power plant Thar Coal

LAHORE, The Sindh Engro Coal Mining Company (SECMC) plans to build a 600MW power plant Thar Coal energy in three-and-a-half years.
It would later be expanded to 1200MW, yielding a power tariff of approximately 8 US cents per kWh.
The plan was discussed at a meeting of the board of directors of...Sindh Engro Coal Mining Company (SECMC) to build power plant Thar Coal

Peshawar Electric Supply Company (Pesco) conditionally restores power supply to Bannu

PESHAWAR, July 31: The Peshawar Electric Supply Company (Pesco) has conditionally restored power supply to people of Bannu.
A Pesco spokesman said on Wednesday that a jirga was held in Bannu wherein besides notables of Kaki, Mandan areas, the officials of district administration, police, Pesco...Peshawar Electric Supply Company (Pesco) conditionally restores power supply to Bannu

Haripur match factory sealed for gas theft Sui Northern Gas Pipelines Limited

ABBOTTABAD,  A joint team of Federal Investigation Agency and the Sui Northern Gas Pipelines Limited on Wednesday sealed a match factory in Haripur for gas theft, arrested its production manager and booked its owners.
Acting on a tip-off, FIA, Hazara assistant director Tariq Pervez, inspector...Haripur match factory sealed for gas theft Sui Northern Gas Pipelines Limited

Chinese firm to set up four energy projects tariff approval from Nepra

ISLAMABAD: A Chinese energy investment company has identified four energy projects in Pakistan for immediate investment, but informed the government that the start-up of these projects would depend on tariff approval from Nepra.
As a follow-up to the recent visit of Prime Minister Nawaz Sharif...Chinese firm to set up four energy projects tariff approval from Nepra

Investment in KP vast natural gas reserves sought Chief Minister Pervez Khattak

PESHAWAR,   Khyber Pakhtunkhwa Chief Minister Pervez Khattak has said the province has vast natural gas reserves which can be exploited to overcome the energy crisis in the country.
He said presently the province was producing about 400 million cubic feet gas per day but even then there was gas...Investment in KP vast natural gas reserves sought Chief Minister Pervez Khattak

Protestors storm Kohat grid station protesting against long hours load shedding and demanded Wapda and PESCO

KOHAT (APP): The angry protestors on Wednesday stormed a grid station in Kohat district and broke its main door, protesting against long hours load shedding and demanded Wapda and PESCO to immediate end the unscheduled load shedding in the district.
The local residents, who were protesting...Protestors storm Kohat grid station protesting against long hours load shedding and demanded Wapda and PESCO

Faisalabad Chamber of Commerce and Industry (FCCI) felicitates President-elect Mamnoon

FAISALABAD (INP): Faisalabad Chamber of Commerce and Industry (FCCI) felicitated Mamnoon Hussain for winning presidential election with leading majority.
The FCCI President Mian Zahid Aslam said Pakistan now had an elevated profile in the eyes of international community as a big step towards...Faisalabad Chamber of Commerce and Industry (FCCI) felicitates President-elect Mamnoon

management of Hyderabad Electric Supply Company HESCO to give connection in 24 hours

HYDERABAD (APP): The management of Hyderabad Electric Supply Company (HESCO) has established special counters in its all Operation Division Office to discourage power theft and for providing electricity connection to consumers within 24 hours.

management of Hyderabad Electric Supply Company HESCO to give connection in 24 hours

KWSB says chlorination of water continues samples from pumping stations to the latest lab for testing,

KARACHI (PPI): Karachi Water & Sewerage Board (KWSB) is mixing Chlorine as per standards in the water supply, whereas KW&SB field officers also send samples from pumping stations to the latest lab for testing, said KW&SB spokesperson.
Focal Person KW&SB is monitoring Chlorination...KWSB says chlorination of water continues samples from pumping stations to the latest lab for testing,

Thar coal to be given preference meeting of Council of Common Interests (CCI) regarding power policy

F.P. Report
KARACHI: Provincial Advisor to Finance Syed Murad Ali Shah has said that the suggestions which have been given by the Provinces in the meeting of Council of Common Interests (CCI) regarding power policy will remain the part of power policy.
This he said in a statement issued here on...Thar coal to be given preference meeting of Council of Common Interests (CCI) regarding power policy

People urged to get computerized driving license

LAHORE (APP): Chief Traffic Officer Lahore Sohail Chuadhry on Wednesday urged people to change their manual driving license and get computerized driving license as early as possible.
Separate booths have been set up for women, senior citizens and others to facilitate them. A facility of photo...People urged to get computerized driving license

Ameer, Jamaat e Islami, Pakistan, flays proposed raise in POL, Gas electricity prices

LAHORE (Online): Ameer, Jamaat e Islami, Pakistan, Syed Munawar Hasan, has strongly reacted to the proposed raise in the POL, gas and electricity prices terming it drone attack on the masses on the auspicious occasion of Eid.
In a statement, he said that mini budgets by the government every...Ameer, Jamaat e Islami, Pakistan, flays proposed raise in POL, Gas electricity prices

Federal Railways Minister Khawaja Saad Rafiq visits Pindi railways station unexpectedly

Islamabad (Online): Federal Railways Minister Khawaja Saad Rafiq has dodged the Railways officers by visiting Rawalpindi Railways Station suddenly instead of Chaklala Station.
He reached Rawalpindi Railways Station without any prior information and protocol. During his visit, he not only met the...Federal Railways Minister Khawaja Saad Rafiq visits Pindi railways station unexpectedly

Sue Northern Gas Pipe Line (SNGPL) disconnects illegal gas connections in Peshawar

F.P. Report
PESHAWAR: Sue Northern Gas Pipe Line (SNGPL) task force disconnected illegal gas connections of five factories in Karak and around 700 illegal connections of houses in Peshawar. SNGPL task forces raided on various areas of province and disconnected illegal gas connections of 79...Sue Northern Gas Pipe Line (SNGPL) disconnects illegal gas connections in Peshawar

KP?producing 400CF gas per day but still facing load shedding:?CM All Pakistan CNG Association interested to invest in energy sector

All Pakistan CNG Association interested to invest in energy sector
F.P. Report
PESHAWAR:?Chief Minister Khyber Pakhtunkhwa Pervez Khattak has said that there is abundance of natural gas reserves in Khyber Pakhtunkhwa which could be utilized to overcome the energy crisis in the country and to put...KP?producing 400CF gas per day but still facing load shedding:?CM All Pakistan CNG Association interested to invest in energy sector

price of diesel Petrol price jacked up to Rs2.73/litre from August 1,

ISLAMABAD: The prices of petroleum products have been raised by up to Rs4.99 per litre from August 1, 
According to Ministry of Finance, with an increase of Rs2.73 the retail price of petrol has now reached Rs104.50 per litre.
Analysts say it will adversely impact the poor masses as transport,...price of diesel Petrol price jacked up to Rs2.73/litre from August 1,

Pakistan ambassador meets Chairman NEC corporation may impart internships for young Pakistani software engineers

Pakistan ambassador meets Chairman NEC corporation
ISLAMABAD, Ambassador Farukh Amil along with Economic team of the Pakistan embassy visited NEC Corporation and held meeting with Chairman of the Board Kaoru Yano, and senior staff members of the Corporation here on Wednesday. The NEC...Pakistan ambassador meets Chairman NEC corporation may impart internships for young Pakistani software engineers

Republic of Turkey Abdullah Gul President phones Zardari congratulated him on successfully overseeing Presidential election

Turkish President phones Zardari
KARACHI, President of the Republic of Turkey Abdullah Gul Wednesday night called President Asif Ali Zardari and congratulated him on successfully overseeing Presidential election marking yet another milestone in the peaceful and democratic transition in the...Republic of Turkey Abdullah Gul President phones Zardari congratulated him on successfully overseeing Presidential election

Pakistan, US mull signing of Bilateral Investment Treaty (BIT)

Pak, US mull signing of BIT
ISLAMABAD, : The US ambassador, Richard Oslon and Chairman BOI, Mohammad Zubair Wednesday discussed the way forward for signing the Bilateral Investment Treaty (BIT) that has been pending since 2004.The US Ambassador called on the BoI Chairman and discussed various...Pakistan, US mull signing of Bilateral Investment Treaty (BIT)

Speaker National Assembly urges Qatar to invest in energy ,manufacturing sectors

ISLAMABAD, : Speaker National Assembly Sardar Ayaz Sadiq Wednesday urged the investors of Qatar to take advantage of up-coming business opportunities in Pakistan and invest in various sectors especially the energy and manufacturing sectors.He said this during a meeting with Sayyar Abdul Rehman...Speaker National Assembly urges Qatar to invest in energy ,manufacturing sectors

Nandipur project: capacity enhanced due to escalation in the original cost estimates.

The government has enhanced the capacity of the Nandipur power project from 425MW to 525MW by spending an additional amount of just Rs 2.5 billion on gas equipment, sources close to Minister for Planning and Development while defending accusations of kickbacks due to escalation in the original...Nandipur project: capacity enhanced due to escalation in the original cost estimates.

Quarterly performance of Sindh Engro Coal Mining Company discussed A Joint Venture between Government of Sindh and Engro Corporation

Board of Directors of Sindh Engro Coal Mining Co (A Joint Venture between Government of Sindh and Engro Corporation) met on July 24, under the Chairmanship of Zubair A Motiwala to discuss quarterly performance of the company and other matters.
The Board was informed that by adapting a phased...Quarterly performance of Sindh Engro Coal Mining Company discussed A Joint Venture between Government of Sindh and Engro Corporation

National Power Policy 2013-18 support the current and future energy Ministry of Water and Power of the Government of Pakistan

INTRODUCTION: The Ministry of Water and Power of the Government of Pakistan has developed an ambitious power policy to support the current and future energy needs of the country. This bold strategy will set Pakistan on a trajectory of rapid economic growth and social development....National Power Policy 2013-18 support the current and future energy Ministry of Water and Power of the Government of Pakistan

Peshawar Electric Supply Company (Pesco) restores power supply to Kaki area conditionally non payment of the electricity dues

Peshawar Electric Supply Company (Pesco) has restored power supply to Kaki area of Bannu temporarily and conditionally. Power supply to the area is made through 11 KV Mandan-I and Mandan-II feeders. These two feeders are severely overloaded due to excessive Kundas and non payment of the...Peshawar Electric Supply Company (Pesco) restores power supply to Kaki area conditionally non payment of the electricity dues

Khyber Pakhtunkhwa natural gas reserves can be utilised to overcome energy crisis: Khattak

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has said that there is abundance of natural gas reserves in Khyber Pakhtunkhwa which could be utilised to overcome the energy crisis in the country and put it on the path of progress and development.
Talking to a delegation of All Pakistan CNG...Khyber Pakhtunkhwa natural gas reserves can be utilised to overcome energy crisis: Khattak

Exploiting labourers: Oil and Gas Development Company (OGDCL) asked to cancel SP-5 field contract in Shakardara, Kohat

Elders and contractors of Shakardara area of district Kohat have demanded the Oil and Gas Development Company (OGDCL) to cancel the field SP-5 contract, and urged to conduct an inquiry into allegedly allotment of contract through illegal way. The authorities should take stern action against...Exploiting labourers: Oil and Gas Development Company (OGDCL) asked to cancel SP-5 field contract in Shakardara, Kohat

National Assembly Speaker urges Qatari businesspeople to make investment in energy sector meeting with Qatar Ambassador,

Speaker National Assembly Sardar Ayaz Sadiq said that Qatari investors should take advantage of the up-coming business opportunities in Pakistan and invest in various sectors especially energy and manufacturing sectors. The Speaker expressed these views in a meeting with Qatar Ambassador, Sayyar...National Assembly Speaker urges Qatari businesspeople to make investment in energy sector meeting with Qatar Ambassador,

POL prices increased up to Rs 4.99 per litre notified by the Oil and Gas Regulatory Authority (Ogra),

The government on Wednesday increased the prices of petroleum products ranging from Rs 2.73 to Rs 4.99 per litre, which was notified by the Oil and Gas Regulatory Authority (Ogra), effective from August 1 (Thursday). The regulatory body had sent a summary to the Ministry of Petroleum and...POL prices increased up to Rs 4.99 per litre notified by the Oil and Gas Regulatory Authority (Ogra),

Brent's premium to WTI steadies, US crude oil rises Positive US economic data offset a government report

The premium of Brent crude oil to US crude oil futures remained steady on Wednesday, while US oil prices rose on positive economic data and Brent was mostly flat as traders weighed supply dynamics. Positive US economic data offset a government report that showed stockpiles of crude oil had risen...Brent's premium to WTI steadies, US crude oil rises Positive US economic data offset a government report

BP, Total join Adriatic gas pipeline project: statement

Oil groups BP and Total and two other energy firms have taken stakes in a consortium which will build a trans-Adriatic gas pipeline seen as key to help Europe reduce its dependence on Russia. The so-called Trans Adriatic Pipeline (TAP) consortium announced Tuesday that BP of Britain, Total of...BP, Total join Adriatic gas pipeline project: statement

Govt asked to make long-term CNG policy for investors’ confidence All Pakistan CNG Association (APCNGA)

ISLAMABAD: The All Pakistan CNG Association (APCNGA) has underlined the need for the government to take solid measures for announcing a long-term policy regarding Compressed Natural Gas (CNG) to build the confidence among stakeholders.
Talking to APP, the association’s supreme council...Govt asked to make long-term CNG policy for investors’ confidence All Pakistan CNG Association (APCNGA)

Bisham residents cut power supply to protest loadshedding Peshawar Electric Supply Company (Pesco)

BISHAM: The members of Bisham Qaumi Jirga Tuesday disconnected power supply to the Bisham town and its adjoining areas in a protest against the continued power outages in the district.
Hundreds of protesters gathered at Bisham Bazaar Chowk, Konshai, Shang and Bar Killay and blocked the road for...Bisham residents cut power supply to protest loadshedding Peshawar Electric Supply Company (Pesco)

Peshawar Electric Supply Company (Pesco) offices in Bannu to remain closed for 3 days

BANNU: The leaders of the Pakistan Wapda Hydro Union Tuesday announced that the offices of the Peshawar Electric Supply Company (Pesco) would remain closed for three days.
The decision came at a meeting held with Malik Ghulam Ali in the chair. Gul Wali Khan, Divisional Chairman Pir Muhammad...Peshawar Electric Supply Company (Pesco) offices in Bannu to remain closed for 3 days

Pakistan Tehreek-e-Insaf (PTI) activists protest unannounced loadshedding and prolonged power cuts and demanded removal of Pesco

PESHAWAR: The activists of the Pakistan Tehreek-e-Insaf (PTI) from PK-4 on Tuesday staged a protest against unscheduled and prolonged power cuts and demanded removal of Pesco chief Tariq Sadozai.
Holding banners and placards, inscribed with slogans against the unscheduled and hours long power... Pakistan Tehreek-e-Insaf (PTI) activists protest unannounced loadshedding and prolonged power cuts and demanded removal of Pesco

LOCALITY WITHOUT POWER FOR THREE DAYS PAKPATTAN The City news

LOCALITY WITHOUT POWER FOR THREE DAYS: People of Islam Colony condemned Wapda for suspending electricity in their area. The area has been without power for the last three day. They demanded Wapda high-ups restore electricity.
LOCALITY WITHOUT POWER FOR THREE DAYS PAKPATTAN The City news

Economic corridor to connect Kashgar with Gwadar: Chinese Ambassador,

ISLAMABAD, Chinese Ambassador, Sun Weidong Monday said that the landmark agreement on the construction of an economic corridor stretched over a thousand Kilometer would connect Kashgar with Gwadar.The Chinese Ambassador called on Federal minister for Finance, Senator Muhammad Ishaq Dar here and...Economic corridor to connect Kashgar with Gwadar: Chinese Ambassador,

Newly elected President of Pakistan Mamnoon Hussain to work for strengthening democratic institutions, says Jaffar

ISLAMABAD, Newly elected President of Pakistan Mamnoon Hussain would strive for strengthening democratic institutions in the country, PML-N Senator Chaudhary Jaffar Iqbal said Tuesday.Talking to media he congratulated the newly elected President and hoped that during the tenure of Mamnoon the...Newly elected President of Pakistan Mamnoon Hussain to work for strengthening democratic institutions, says Jaffar

Conservationists excited by tiger population rise in Nepal

A wild tiger is seen inside the enclosure at Chitwan National Park after it was wounded in a fight with another tiger in Chitwan, about 170 km (106 miles) south of Kathmandu December 27, 2011.
Credit: Reuters/Navesh ChitrakarBy Gopal Sharma
KATHMANDU | Wed Jul 31, 2013 12:31pm EDT
KATHMANDU...Conservationists excited by tiger population rise in Nepal

BrightSource Energy Expands International Business with MoU for China’s Concentrating Solar Power Market

“The global market for CSP is expanding at a rapid pace and that is especially true in China,” said David Ramm, BrightSource Executive Chairman.With the hottest weather and highest power demand on record in Shanghai, BrightSource Energy, Inc., a leading concentrating solar thermal power...BrightSource Energy Expands International Business with MoU for China’s Concentrating Solar Power Market

U.S. storm team slightly lowers 2013 hurricane forecast to eight

Aug 2 (Reuters) – The 2013 Atlantic hurricane season will see above-average activity, but cooler ocean waters may make it harder for storms to form, a leading U.S. hurricane forecasting team said on Friday.
Forecasters at the Colorado State University slightly lowered their forecast for...U.S. storm team slightly lowers 2013 hurricane forecast to eight

U.S. STOCKS-Wall Street flat after disappointing jobs report

* U.S. unemployment rate falls, but payrolls disappoint* LinkedIn, AIG shares rise after results* Dell committee and buyout group announce agreement, shares up* Dow off 0.1 pct, S&P off 0.1 pct, Nasdaq up 0.1 pctBy Alison GriswoldNEW YORK, Aug 2 (Reuters) – Stocks on Wall Street were...U.S. STOCKS-Wall Street flat after disappointing jobs report

UPDATE 1-Libyan officals see progress towards ending oil protests

(Recasts, adds Petroleum Facilities Guard spokesman)TRIPOLI/LONDON Aug 2 (Reuters) – Libyan officials reported progress in efforts to defuse protests at oil facilities that have cut Libya’s oil exports to less than half of normal rates and one said an agreement could be reached as...UPDATE 1-Libyan officals see progress towards ending oil protests

Chief Minister Khyber Pakhtunkhwa vows to resolve energy issue, bring peace in KPK

ISLAMABAD, Chief Minister Khyber Pakhtunkhwa, Pervaiz Khattak has said that the government of Pakistan Tehreek-Insaf (PTI) was committed to resolve the issue of energy and bring peace in the province to revive economic activities in KPK. He said that top priority of the provincial government was...Chief Minister Khyber Pakhtunkhwa vows to resolve energy issue, bring peace in KPK

Asia's exports stutter, missing out on U.S. revival

HONG KONG Aug 5 (Reuters) – The U.S. economy may have stopped sneezing, but Asia’s exports are still laid up with a nasty cold.
Growth in exports from seven of East Asia’s biggest exporters – Japan, China, South Korea, Taiwan, Thailand, Hong Kong and Singapore –...Asia's exports stutter, missing out on U.S. revival

Yemen's main pipeline attacked, crude flow stops again

SANAA Aug 4 (Reuters) – Tribesmen blew up Yemen’s main oil export pipeline late on Saturday, halting the flow of crude, the state news agency reported on Sunday.
The pipeline started pumping crude oil again last week after repairs that took several days, following a similar attack by...Yemen's main pipeline attacked, crude flow stops again

Mexico rules out foul play in Pemex HQ blast, cites gas buildup

MEXICO CITY Aug 2 (Reuters) – A massive explosion that killed nearly 40 people in late January at state oil company Pemex’s Mexico City headquarters was caused by a gas buildup, Mexico’s attorney general’s office said on Friday, ruling out foul play.
A six-month...Mexico rules out foul play in Pemex HQ blast, cites gas buildup

COMMODITIES-Oil down as U.S. jobs data disappoints; gold, crops up

NEW YORK Aug 2 (Reuters) – Oil prices fell on Friday after weak U.S. job numbers disappointed investors, but crude still posted a weekly gain, and copper closed the day up modestly and notched its first weekly gain in three weeks.
The spot price of gold rose, sliding early and then...COMMODITIES-Oil down as U.S. jobs data disappoints; gold, crops up

Alaska oil tax referendum headed for tight vote in 2014

By Yereth RosenANCHORAGE | Fri Aug 2, 2013 5:53pm EDT ANCHORAGE Aug 2 (Reuters) – Activists hoping to overturn a sweeping tax break for Alaska oil producers have their work cut out for them, even after getting confirmation that they secured enough voter backing to put a referendum on the...Alaska oil tax referendum headed for tight vote in 2014

U.S. STOCKS-Dow, S&P 500 end at record for 2nd day despite tepid jobs data

* U.S. unemployment rate falls, but payrolls disappoint* LinkedIn, AIG shares rise after results* Dell committee and buyout group announce agreement, shares up* Dow up 0.2 pct, S&P up 0.2 pct, Nasdaq up 0.4 pctBy Caroline ValetkevitchNEW YORK, Aug 2 (Reuters) – The Dow industrials and...U.S. STOCKS-Dow, S&P 500 end at record for 2nd day despite tepid jobs data

Canada's Harper insists Keystone XL is important for jobs

OTTAWA Aug 2 (Reuters) – Canadian Prime Minister Stephen Harper contradicted on Friday U.S. President Barack Obama’s dismissal of the job-creation potential of the proposed Keystone XL pipeline, saying the project is important both for jobs and for energy security.
Asked about...Canada's Harper insists Keystone XL is important for jobs

China Power Investment Corp (CPI Group) to invest in four power projects:Chairman BOI

ISLAMABAD, Zhiyig Wang Vice President of China Power Investment Corp (CPI Group) along with 15 delegates called on Mohammad Zubair, Chairman Board of Investment (BOI) and discussed the opportunities in power sector.Chief Executive Sino Sindh Resources Pvt Ltd, Abdul Qayyum Chaudhry was also...China Power Investment Corp (CPI Group) to invest in four power projects:Chairman BOI

Ahsan vows to resolves energy,security issue for economic stability Federal Minister for Planning and Development Ahsan Iqbal

ISLAMABAD,Jul 30 (APP): Federal Minister for Planning and Development Ahsan Iqbal on Tuesday said that economy, energy and security issues will on top national agenda of the government to resolves with consensus of all political stakeholder of the country. He said that Pakistan Muslim...Ahsan vows to resolves energy,security issue for economic stability Federal Minister for Planning and Development Ahsan Iqbal

BP and Total and two other energy firms join Adriatic gas pipeline project: statement

PARIS: Oil groups BP and Total and two other energy firms have taken stakes in a consortium which will build a trans-Adriatic gas pipeline seen as key to help Europe reduce its dependence on Russia.
The so-called Trans Adriatic Pipeline (TAP) consortium announced Tuesday that BP of Britain,...BP and Total and two other energy firms join Adriatic gas pipeline project: statement

Oil spill compensation fund running out: British energy giant BP

LONDON: British energy giant BP admitted on Tuesday that its $20 billion (15 billion euro) fund to compensate victims of the 2010 US oil spill disaster has almost run out of cash.
The London-listed energy major made the announcement in its latest results statement, in which BP also revealed a...Oil spill compensation fund running out: British energy giant BP

Food items prices declined between February, June: World Bank in its latest report.

ISLAMABAD: The prices of internationally traded food commodities declined between February and June 2013, said World Bank in its latest report.
The report prepared by the Poverty Reduction and Equity Group at the World Bank, is aimed at drawing attention to trends in domestic food prices in low...Food items prices declined between February, June: World Bank in its latest report.

Power policy is important agenda as country faces power crisis: Sindh Chief Minister,

KARACHI: Sindh Chief Minister, Syed Qaim Ali Shah, has said that power policy is a very important agenda as the entire country faces electricity crisis.
He was chairing a high level meeting at the Chief Minister House here on Tuesday.
A strategy was discussed with regard to the July 31 meeting...Power policy is important agenda as country faces power crisis: Sindh Chief Minister,

JPMorgan in $410 million power trading settlement resolve US charges that it manipulated power prices in California and the Midwest

NEW YORK CITY: Banking giant JPMorgan Chase agreed to pay a $410 million settlement to resolve US charges that it manipulated power prices in California and the Midwest, the bank and regulators said Tuesday.
JPMorgan will pay a civil penalty of $285 million to the US Treasury and disgorge $125...JPMorgan in $410 million power trading settlement resolve US charges that it manipulated power prices in California and the Midwest

Shipping activity at Port Qasim Five ships carrying containers, cement, edible oil and furnace oil

KARACHI: Five ships carrying containers, cement, edible oil and furnace oil were berthed at Qasim International Containers Terminal, Multi Purpose Terminal Liquid Cargo Terminal and FOTCO Terminal respectively on Monday, 29th July.
Meanwhile three more ships carrying containers and edible oil...Shipping activity at Port Qasim Five ships carrying containers, cement, edible oil and furnace oil

The BMW i3 electric supermini goes on sale in November, with prices starting from £25,680.

The production version of the BMW i3 has been unveiled ahead of its November on-dale date.
BMW i3 world first electric car launched electrically powered


The supermini is the first car to be launched as part of BMW’s new “i” sub-brand and, to help ease the fears of potential...The BMW i3 electric supermini goes on sale in November, with prices starting from £25,680.

Development halted: Planning committee fails to meet deadline to review Public Sector Development Programme (PSDP)

The need for the review arose after the provincial governments noted that there were dozens of schemes in the programme added by the Planning Ministry that were not in line with their prioritie
ISLAMABAD: 
Public Sector Development Programme (PSDP)

The planning committee has failed to meet...Development halted: Planning committee fails to meet deadline to review Public Sector Development Programme (PSDP)

Khokrapar-Monabao border: World Bank asked to study trade promotion Karachi Chamber of Commerce and Industry (KCCI)

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has urged the World Bank Group on Trade and Transport Facilitation to undertake an assessment study on Khokrapar-Monabao border trade in an effort to start exchange of goods on the pattern of Wagah-Attari border Lahore.
Exchanging...Khokrapar-Monabao border: World Bank asked to study trade promotion Karachi Chamber of Commerce and Industry (KCCI)

Corporate results: Fauji Fertilizer Company (FFC) stumbles after steep run

Despite a decrease in profits, FFC has declared a hefty cash dividend of Rs3.75 per share for the quarter ended June 2013
KARACHI: 

Fauji Fertilizer Company (FFC) decrease in profits graph

Fauji Fertilizer Company (FFC) posted a profit of Rs9.5 billion for the half year period ended June 30...Corporate results: Fauji Fertilizer Company (FFC) stumbles after steep run