South Asian countries like Pakistan and India face a potential gas and power crisis after Iran’s air strikes caused extensive… Read More
International Oil Isn’t At $100 Per Barrel— It’s At $155: JP Morgan
JP Morgan Global Commodities Research has warned that global oil reserve holders are hiding the true cost of crude, with… Read More
Power Plants Want Govt to Increase Electricity Rates for April 2026 Bills
Power companies have requested another increase of Rs. 1.64 per unit in electricity bills for April under the fuel cost… Read More
K-Electric Appoints Shaheryar Chishty as Acting Chairman
K-Electric (KE) has announced the appointment of Shaheryar Chishty to serve as acting chairman in the absence of Mark Skelton,… Read More
Russia Ready to Supply Discounted Oil to Pakistan If It Asks
Russia has offered to supply discounted oil to Pakistan, subject to a formal request from Islamabad, as global fuel markets… Read More
PM Shehbaz Orders Petroleum Minister to Fix Fuel Supply and Be Ready for Crisis
Prime Minister Shehbaz Sharif on Tuesday ordered the petroleum minister to urgently fix the country’s petrol and diesel supply chain… Read More
Govt Plans Fuel Subsidy for Motorcyclists, Rickshaw Drivers After Price Hike
The federal government is considering a subsidized fuel scheme for motorcyclists and rickshaw drivers to ease the impact of the… Read More
Pakistan-Bound Oil Tanker Narrowly Clears Hormuz Strait After Iran Strikes
An oil tanker carrying crude appears to have successfully passed through the Strait of Hormuz and is now heading toward… Read More
Pakistan Faces Huge Gas Crisis in April as Gulf War Disrupts LNG Supplies
Pakistan could face a complete gas shortage after April 14 if alternative supplies are not secured, officials told the Senate’s… Read More
Govt Prepares 10-Year Plan to Eliminate Rs. 3.4 Trillion Gas Circular Debt
The government has prepared a comprehensive plan to eliminate circular debt in the gas sector over the next ten years,… Read More
Global Diesel Prices Cross $140 Per Barrel, Highest Since 2022
International diesel prices have surged above $140 per barrel, approaching levels last seen during the energy shock triggered by the… Read More
Petrol Pumps Could Close Across Pakistan After Eid
The Petroleum Dealers Association has warned of a nationwide strike after Eid, saying petrol pumps across the country could shut… Read More
