Pakistan is ready to negotiate the re-profiling of $15.4 billion power sector debt under the China-Pakistan Economic Corridor (CPEC). This… Read More
PM Okays Independent Market for Electricity Production and Sale in Pakistan
The Cabinet Committee on Energy (CCoE) has approved the creation of an Independent System and Market Operator (ISMO) for electricity… Read More
Saudi Oil Company Successfully Buys Stake in Shell Pakistan
Wafi Energy Holding Limited has successfully concluded the purchase of an 11.29 percent stake in Shell Pakistan Limited (SPL), manager… Read More
SNGPL Awards Rs. 2.74 Billion Pipeline Contract to Crescent Steel
Sui Northern Gas Company Limited (PSX: SNGP) has awarded a contract to Crescent Steel and Allied Products Limited (PSX: CSAP)… Read More
Pakistan to Discuss $11.7 Billion Refinery Projects With Saudi Investors This Week
Pakistan will push forward two major refinery projects during the Saudi delegation’s visit from October 9-11. Pakistan State Oil (PSO)… Read More
China’s Solar Sector Faces Early 2024 Hurdles, Yet Industry Leaders Adapt with Strategic Innovations
The first quarter half of 2024 has proven to be a critical period for China’s solar industry according to financial… Read More
PSO Seeks Freedom From Govt to Compete Against International Oil Companies
Pakistan State Oil (PSO) wants more freedom from the federal government to compete against international oil marketing companies (OMCs) that… Read More
Ex-Minister Shares Plan to Reduce Electricity Price by Rs. 14 Per Unit
Ex-federal minister Dr. Gohar Ejaz on Monday shared a plan to reduce electricity prices by Rs. 14 per unit. He… Read More
Dutch Energy Storage Company Wants to Invest in LNG Import Terminals in Pakistan
Abu Dhabi-backed energy storage firm VTTI BV is exploring potential investments in LNG import terminals in Asian countries including Pakistan,… Read More
PPL Subsidiary Agrees Exploration and Production Contract With Iraqi Oil Company
The subsidiary of Pakistan Petroleum Limited (PSX: PPL) PPL Asia E&P B.V. (PPL Asia), has reached a mutually favorable settlement… Read More
Five IPPs Decide to Terminate Their Contracts With Govt
Five Independent Power Producers (IPPs) have reached an agreement to terminate their Power Purchase Agreements (PPAs). These IPPs will cease… Read More
Minister of State for Finance Promises Relief in Electricity Prices for Textile Industry
Minister of State for Finance Ali Pervaiz Malik assured All Pakistan Textile Mills Association of giving some relief in terms… Read More
