Pakistan Petroleum Limited (PSX: PPL) today announced a big increase in hydrocarbon production and committed to the country’s energy security… Read More
Pumps in Punjab, Islamabad Likely to Run Out of Fuel [Updated]
Pump stations in Punjab, Islamabad and Rawalpindi are likely to run out of fuel and cause a shortage in the… Read More
SNGPL Assures Continuous Gas Supply During Winter Peak Hours
Every effort is being undertaken to resolve the issues faced by consumers on a priority basis. Read More: {PERMALINK}… Read More
OCAC Urges Govt to Increase OMC Margins By Rs. 4.78 Per Litre
The Oil Companies Advisory Council (OCAC) has pressed the Petroleum Division to increase the margins of oil marketing companies (OMCs)… Read More
Exploration Companies Incur Over Rs. 50 Billion in Losses
Exploration and Production (E&P) companies in Pakistan have incurred over Rs. 50 billion in losses between 2021 and 2024 due… Read More
Business Consortium Withdraws Offer to Buy 69% Stake in Engro Powergen
A consortium of business entities has withdrawn its public announcement of intention (PAI) to acquire a 68.89 percent stake in… Read More
Price of Petrol, Diesel Likely to Go Up By Rs. 45 Per Liter After New IMF Demand
The price of MS Petrol, High-Speed Diesel (HSD), kerosene oil, and light diesel oil (LDO) will likely spike by Rs.… Read More
IESCO Cuts Power For WASA Due to Rs. 1 Billion Debt
The Islamabad Electric Supply Company (IESCO) has cut off the electricity supply to the Water and Sanitation Agency (WASA) headquarters… Read More
Govt Planning to Massively Reduce Net Metering Rate
The federal government is planning to reduce the solar net metering rate to Rs. 7.5-11 per unit from the current… Read More
SNGPL Posts Rs. 10.7 Billion Profit for 9 Months of FY24
Sui Northern Gas Pipelines Limited (SNGPL) has announced its financial results for the nine months ended March 31, 2024 (9MFY24),… Read More
OGDCL Partners with Schlumberger to Unlock Sindh’s Tight Gas Resources
OGDCL is making significant strides in the development of the country’s unconventional hydrocarbon resources in line with the Govt of… Read More
Electricity Distribution Companies Incur Rs. 239 Billion Loss in 3 Months
Electricity distribution companies (DISCOs) reported a Rs. 239 billion loss during the first three months of the fiscal year 2024-25,… Read More
