Stakeholders holding gas marketing licenses from the Oil and Gas Regulatory Authority have raised concerns over the bidding framework for… Read More
Govt to Meet Oil Industry as OCAC Warns of Rs. 104 Billion Losses
The federal government will meet executives of oil refineries and oil marketing companies on Tuesday after the Oil Companies Advisory… Read More
US Lifts Sanctions on Iran Oil After Almost 8 Years, Anyone Can Buy
The United States has issued a temporary general license allowing the production, delivery and sale of Iranian-origin crude oil, petrochemical… Read More
Oil Prices Likely to Fall Below $70 First Time in Almost 2 Years
International oil prices are likely to fall under $70 per barrel for the first time in almost two years. Before… Read More
Govt Has No Idea How Much Solar Power Pakistan Is Actually Making: Study
Pakistan’s electricity sector is facing a big data gap in rooftop solar adoption. The actual installed solar capacity is nearly… Read More
7th Large Ship Full of LNG From Qatar Reaches Pakistan
Pakistan secured its seventh liquefied natural gas cargo on Monday since tensions escalated in the Middle East following the Iran-US… Read More
Govt Cuts Petrol Levy by Rs. 40 Per Liter, Raises Diesel Levy
Government has significantly reduced the petroleum development levy on petrol while increasing the levy on high speed diesel, lowering the… Read More
Govt Now Very Close to Sell FESCO
The Privatization Commission Board on Friday approved a restructuring plan for Faisalabad Electric Supply Company (FESCO), moving one of Pakistan’s… Read More
Govt Announces Massive Rs. 74 per Litre Decrease in Petrol Price
The federal government has announced another but much bigger reduction in petroleum product prices on 19th June, sources shared with… Read More
Govt Set to Reward Public With Quick Relief in Petrol Prices Soon
The government has constituted a high-level committee to develop a weekly pricing mechanism for petroleum products as it seeks to… Read More
Govt Extends Long-Term Terminal Operations Agreement for Engro Vopak
The Port Qasim Authority (PQA) has renewed the Implementation Agreement with Engro Vopak Terminal Limited (EVTL) to operate Pakistan’s integrated… Read More
Solar Energy for Businesses in Pakistan: Why This Summer Is the Time to Act
Every June, Pakistan enters what has become an annual cycle of energy stress. Temperatures exceed 40°C, air conditioners push electricity… Read More
