Pakistan’s liquefied petroleum gas industry has urged the government to raise its official margin to Rs. 72,800 per metric ton… Read More
Govt Increases Petroleum Prices
The Government of Pakistan has kept the price of petrol unchanged but increased the per litre rate of high-speed diesel… Read More
OGDC Begins Production at New Pasakhi-14 Well in Hyderabad
Oil & Gas Development Limited (PSX: OGDC) has started producing 1,100 barrels of oil per day from its new development… Read More
Govt Likely to Reduce Petrol Price Within Days
The federal government is expected to reduce the per-litre price of MS petrol in this week’s petroleum price update for… Read More
International Oil Prices Down 4% As Top Exporters Plan to Pause Production
Oil prices fell on Wednesday, with Brent crude falling near $60 per barrel (~4 percent) before rebounding back to $62… Read More
PPL Reports Big Increase in Gas Processing Capacity in Sindh’s Sanghar District
Pakistan Petroleum Limited (PPL) has enhanced gas processing capacity at its Gambat South Gas Processing Facility (GPF-II) in Sanghar, Sindh,… Read More
ECC Okays Payment Settlement With OGDC, SNGPL, Nuclear Power Plants
The Economic Coordination Committee (ECC) of the federal cabinet has approved key reforms to rationalize tariffs and streamline payments within… Read More
ECC Approves Rs. 659.6 Billion Guarantee to Clear Overdue Payments to IPPs
The Economic Coordination Committee (ECC) on Thursday approved a government guarantee worth Rs. 659.646 billion to address the circular debt… Read More
Reon Energy Hosts “Powering Telecom Networks: Energy Finance Forum” to Promote Sustainable Energy in Pakistan’s Telecom Sector
Reon Energy successfully hosted the “Powering Telecom Networks: Energy Finance Forum” at the Marriott Hotel, Islamabad, bringing together key figures… Read More
Power Division Blames Nature for Circular Debt Spike in Q1 FY26
The Power Division clarified on Wednesday that the Rs. 79 billion increase in circular debt during the first quarter of… Read More
Govt Cancels Costly IPP Contracts Worth Rs. 3.6 Trillion
The government has saved Rs. 3,600 billion by canceling and reviewing independent power producer (IPP) contracts that had long burdened… Read More
Pakistan Cancels Huge LNG Order From Italy Amid Worsening Crisis
Pakistan has cancelled 21 liquefied natural gas (LNG) cargoes from Italy’s Eni under a long-term contract as a huge gas… Read More
