MS petrol and High-Speed Diesel (HSD) prices are expected to fall next week due to international oil prices recently plummeting… Read More
NEPRA Orders Uninterrupted Power Supply During Exams
The National Electric Power Regulatory Authority (NEPRA) has ordered all power distribution companies to guarantee “uninterrupted” power supply during the… Read More
Solar Panel Prices in Pakistan Suddenly Drop by Half
Solar panel prices in Pakistan have suddenly dropped to Rs. 37 per Watt, more than half compared to Rs. 80… Read More
Govt Wants to Delay Refinery Upgrade Plan By 6 Months
The Petroleum Division wants to delay the deadline for signing the Pakistan Oil Refining Policy by six months as some… Read More
Shell Pakistan Announces Profit for Q1 2024
The Board of Directors of Shell Pakistan Limited (SPL) announced the first quarter results for the company. The company posted… Read More
Circular Debt: Burden of Payments to Power Companies Spikes to Rs. 1.8 Trillion
The burden of payments to Independent Power Producers (IPPs) has spiked to Rs. 1,800 billion, Finance Ministry sources told ProPakistani.… Read More
Govt to Slowly Allow Pump Owners to Set Their Own Petrol Prices
The federal government plans to deregulate petroleum prices gradually and only after taking all dealers and Oil Marketing Companies (OMCs)… Read More
OGDC, PPL Witness Improvement in Recoveries From Customers
Oil and Gas exploration companies were among the top affected companies of the recent spikes in gas rates. However, post… Read More
Power Cement Inks Agreement With Solar Company to Build 9.6 MW Wind Power Plant
Power Cement Limited (PSX: POWER) has signed a term sheet with Burj Solar (Private) Limited (Burj Solar) for the development… Read More
Petroleum Sales Drop to Lowest Level in 6 Months
Petroleum products sales in April 2024 settled at 1.10 million tons, showcasing a decline of 6 percent YoY. According to… Read More
Sui Gas Removes Over 5,000 Illegal Connections in Karachi
In a major development, Sui Southern Gas Company Limited (SSGCL) has successfully uncovered a large-scale gas theft operation in Karachi.… Read More
Pakistan Losing Rs. 227 Billion Per Year Due to Smuggled Iranian Oil
Pakistan is losing Rs. 227 billion annual tax revenue as 10 million liters of Iranian petrol and diesel enter Pakistan per… Read More
