Pakistan will renegotiate its 10-year liquefied natural gas (LNG) agreement with Qatar next year for more favorable terms. The current… Read More
Pakistan Unlikely to Meet $60 Billion Export Target: PBC
Pakistan is unlikely to achieve the coalition government’s 3-year $60 billion export target due to recently doubled gas prices for… Read More
Renewable Projects, $2B Investment Plans for KHI: KE Receives AA/A1+ Rating
KE’s strong financial standing has been reaffirmed by VIS Credit Rating Company, which has maintained its AA/A1+ rating and has… Read More
Ghani Chemical, Mari Energies and OGDC Ink Gas Supply Agreement
Ghani Chemical Industries Limited (PSX: GCIL), Mari Energies Limited (formerly Mari Petroleum Company Limited) and Oil and Gas Development Company… Read More
Govt Likely to Cut Electricity Price By Up to Rs. 10 Per Unit
The federal government will likely announce a big cut in electricity tariffs as Power Distribution Companies (Discos) seek a negative… Read More
Sui Southern Posts Profit of Rs. 6.5 Billion for H1 FY23
Sui Southern Gas Company Limited (SSGC) has announced a consolidated profit after tax of Rs. 6.5 billion in the first… Read More
OCAC Warns of Looming Fuel Shortage As Tanker Ban Disrupts Supply
Lahore faces the risk of a fuel shortage as restrictions on oil tankers disrupt fuel deliveries to over 400 petrol… Read More
Govt is Considering New System for Solar Users as Financial Impact Rises to Rs. 103 Billion
Net metering has placed a financial strain of Rs. 103 billion on Pakistan’s grid consumers, leading the government to consider… Read More
Nestlé Pakistan Takes Another Step Forward in Renewable Energy: Inaugurates Biomass Boiler Plant in Kabirwala, Punjab
Nestlé inaugurated a biomass boiler at its Kabirwala Factory, advancing its PKR 2 billion commitment to renewable energy and sustainability… Read More
Attock Petroleum’s Profit Drops 34% in First Half of FY25 to Rs. 5.12 Billion
Attock Petroleum Limited (PSX: APL) announced the financial result for 1HFY25, whereby the company has posted a net profit of… Read More
PM Orders Power Division to Slash Electricity Tariff by Rs. 7 Per Unit
Prime Minister Shehbaz Sharif has ordered the Power Division to reduce electricity tariffs by Rs. 7 per unit for all… Read More
Govt is Giving Free Electricity Worth Billions to Serving and Retired Employees
The Power Division is in favor of free electricity to employees of government-owned power sector entities. It claims it is… Read More
