The federal government has yet to decide on increasing gas tariffs for Captive Power Plants (CPPs), Finance Ministry sources told… Read More
Shell Pakistan Rebrands as Wafi Energy Pakistan Following Acquisition
Shell Pakistan Limited has officially been renamed Wafi Energy Pakistan Limited after the completion of its acquisition by Wafi Energy… Read More
Circular Debt Rises By Rs. 600 Billion Per Year Due to DISCOs’ Inefficiencies
Electricity distribution companies (DISCOs) are adding over Rs. 600 billion annually to the country’s circular debt, which now stands at… Read More
OGRA Notifies New RLNG Prices for January 2025
The Oil and Gas Regulatory Authority (OGRA) has notified a drop of up to 1.9 percent in Regassified Liquified Natural… Read More
PPL and Its Partners Begin Gas Production At Takri-1 Exploratory Well in Sindh
A joint venture comprising Pakistan Petroleum Limited (PSX: PPL), United Energy Pakistan Limited (UEPL), and Asia Resources Oil Limited (AROL)… Read More
Koto Hydropower Project to Begin Power Generation This Year
The construction of Koto hydropower project in the Lower Dir district of Khyber Pakhtunkhwa has entered the final stage. After… Read More
OGDC Appoints Ahmed Hayat Lak As Managing Director, CEO
The Oil & Gas Development Company Limited (PSX: OGDC) has appointed Ahmed Hayat Lak as the chief executive officer of… Read More
Fixed Charges in Electricity Bills Used to Finance Rs. 2 Trillion Capacity Charges: NEPRA
The National Electric Power Regulatory Authority (NEPRA) has clarified that the imposition of fixed charges on electricity bills is for… Read More
PRL Secures Rs. 3.15 Billion Loan Facility from PSO
The Board of Directors of Pakistan Refinery Limited (PSX: PRL) has approved the acquisition of a loan facility amounting to… Read More
OCAC Urges Govt to Discuss With Private Refineries on How to Deregulate Petrol, Diesel Prices
The oil sector in Pakistan has urged the government to include private refineries and oil marketing companies (OMCs) in deregulating… Read More
PPL Subsidiary Agrees $6 Million Deal With Iraqi Oil Company for Exploratory Well
A subsidiary of Pakistan Petroleum Limited (PSX: PPL) has received $6 million from Iraq’s Midland Oil Company in relation to… Read More
NEPRA Issues Generation Licenses to 8 Power Companies Despite Surplus Capacity
Despite suffering from surplus power generation capacity, the National Electric Power Regulatory Authority (NEPRA) issued generation licenses to eight companies… Read More
