MS petrol and High-Speed Diesel (HSD) prices are expected to see their prices change on Sunday. The federal government is… Read More
InfraZamin Pakistan and Saudi Pak Co Sign PKR 1.28 Billion Renewable Energy Deal with Acumen Energy for 11.5 Years
InfraZamin Pakistan, Saudi Pak Industrial and Agricultural Investment Co Ltd. signed a landmark transaction to provide an 11.5-year Distributed Solar… Read More
OGDC Finds More Gas and Condensate in KP
Oil & Gas Development Company Limited (PSX: OGDC) has made a gas and condensate discovery in the Samanasuk formation, an… Read More
Govt to Increase Freight Margin on Petrol, Diesel by Rs. 2.5 Per Liter
The federal government has decided to temporarily raise the inland freight equalization margin (IFEM) by Rs. 2.5 per liter on… Read More
NEPRA Conducts Public Hearing on K-Electric’s Rs. 68 Billion Write-Off Claims
The National Electric Power Regulatory Authority (NEPRA) today concluded its hearing on annual claims between FY17 and FY23 of unrecoverable… Read More
OGDC-Led JV Wins Bid for 49% Stake in Exploratory Block Located in KP
A Joint Venture (JV) led by Oil and Gas Development Company Limited (PSX: OGDC) has won the bid for a… Read More
Electricity Companies Lose Rs. 661 Billion in FY24 Due to Non-Recovery of Bills, Distribution Failures
Electricity distribution companies (DISCOs) suffered massive financial losses exceeding Rs. 661 billion in the fiscal year 2023-24, according to a… Read More
OGRA Allows Cnergyico Pakistan to Export Surplus 40,000 Metric Tons of Furnace Oil
The Oil and Gas Regulatory Authority (OGRA) has authorized Cnergyico Pakistan Limited (CPL) to export 40,000 metric tons (MT) of… Read More
PLL Delays Decision on SNGPL Request to Buy More LNG in January 2025
The Board of Pakistan LNG Limited (PLL) convened on Sunday to discuss whether to purchase an additional LNG cargo from… Read More
Govt and 17 IPPs Reach Agreement on Hybrid ‘Take and Pay’ Model
The federal government’s task force on energy and 17 Independent Power Producers (IPPs) under the 1994 and 2002 power policies… Read More
Nishat Chunian Power Ltd Approves Amendments in IPP Contracts With Govt
The Board of Directors of Nishat Chunian Power Limited (PSX: NCPL) in their emergent meeting held on December 04, 2024,… Read More
Pakistan Agrees to Import Russian Crude Oil on a Discount
Pakistan has agreed to import Russian crude oil at a discounted rate from January 2025 onward after receiving offer during… Read More
