Pakistan State Oil (PSO) has asked Chinese petrochemical firm Sinopec to build a refinery and petrochemical complex in Pakistan in… Read More
Fauji Fertilizer Bin Qasim Announces Huge Increase in Urea Prices After Govt’s Gas Bomb
Fauji Fertilizer Bin Qasim Ltd (PSX: FFBL) has increased urea prices by Rs. 1,350 per bag. According to JS Global,… Read More
Power Generation Continues to Fall While Fuel Cost Increases By 23% in January 2024
Power generation in the country went down by 2 percent YoY to 8,313 gigawatts per hour (GWh) in January 2024,… Read More
Engro Fertilizers Welcomes Gas Tariff Revision As A Step in Right Direction
Engro Fertilizers Limited (PSX: EFERT) has welcomed how the government has taken a bold first step by removing the subsidy… Read More
Govt’s 2nd Consecutive Gas Bomb – Pakistanis Need to Step Up
The caretakers last week raised gas prices once again to woo the International Monetary Fund (IMF). Previous gas bombs were… Read More
OGDC Discovers More Gas in Sindh
The Oil and Gas Development Company Limited (PSX: OGDC) has made a significant gas-condensate discovery from its exploration efforts at… Read More
Hub Power Company Ltd to Acquire 9.5% Shares of Sindh Engro Coal Mining Company
The Hub Power Company Limited (PSX: HUBC) has entered into a definitive agreement for the acquisition of 9.5 percent shares… Read More
Mari Petroleum Discovers Gas in Balochistan
Mari Petroleum Company Limited (MPCL) has made a gas discovery at Maiwand X-1 ST-1 exploration well drilled in Block 28,… Read More
Global LNG Demand to Grow Beyond 2040, Fueled by China’s Industry and Asia’s Economic Development
Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as industrial coal-to-gas… Read More
PSO Posts Rs. 7.8 Billion Profit in First Half of FY24
Pakistan State Oil Company Limited (PSO) announced its financial result for 1HFY24 posting a profit after tax (PAT) of Rs.… Read More
Hub Power Company Posts 44% Profit Growth in First Half of FY24
The Hub Power Company Limited (HUBC) announced its 2QFY24 financial result today where the company posted a profit after tax… Read More
Islamabad Faces Water Supply Challenges Amid Khanpur Dam Canal Cleaning
The annual cleaning of the Khanpur Dam canal has prompted a significant reduction in water supply to Islamabad, posing challenges… Read More
