Pakistan’s Oil Marketing Companies (OMCs) sales reached 1.21 million tons in August 2024. This represents a 14 percent YoY decrease,… Read More
OCAC Criticizes OGRA for Irresponsibly Approving More Diesel Imports Despite High Stock Level
The Oil Companies Advisory Council (OCAC) has criticized the Oil and Gas Regulatory Authority (OGRA) for repeatedly approving additional imports… Read More
Govt Increases LPG Prices for September
The Oil and Gas Regulatory Authority (OGRA) has increased the price of indigenous liquefied petroleum gas (LPG) by Rs. 6.99… Read More
This is the Most Ideal Solar Panel Size for Maximum Electricity Production
As Pakistan races towards its goal of generating 60 percent of its energy from clean and renewable sources by 2030,… Read More
Govt Again Slashes Price of Petrol and Diesel
For the second time this month, the federal government announced a reduction in the prices of petroleum products on Saturday.… Read More
OGDC Discovers Gas and Condensate in Sindh
The Joint Venture of Sinjhoro Block comprising Oil & Gas Development Company Limited (PSX: OGDC), Orient Petroleum (19 percent) &… Read More
Refineries in Danger Due to Surplus Fuel Stocks and Poor Import Policies
The oil industry has strongly protested to the Oil and Gas Regulatory Authority (OGRA) over a surge in oil stocks,… Read More
PSO Continues to Dominate Energy Market, Reports Rs. 15.9 Billion Profit in FY24
Pakistan State Oil (PSO), the nation’s largest energy company, showcased impressive financial performance and strategic prowess in a challenging market.… Read More
Hub Power Company Posts Rs. 75 Billion Profit for FY24
The Hub Power Company Limited (HUBC) announced its FY24 financial result today where the company posted consolidated earnings of Rs.… Read More
HUBCO Subsidiary Enters Joint Venture With Ark Metals For Mining Projects in Pakistan
Hub Power Holdings Limited (HPHL), a wholly-owned subsidiary of The Hub Power Company Limited (PSX: HUBC), has entered into a… Read More
DISCOs Seek Power Tariff Hike for Recovery of Rs. 47 Billion in Electricity Bills
Power distribution companies (DISCOs) have requested the National Electric Power Regulatory Authority (NEPRA) to increase the power tariff for recovery… Read More
Petrol, Diesel Prices Likely to Fall Next Week
MS petrol and High-Speed Diesel (HSD) prices are expected to fall next week due to a decline in international oil… Read More
