The Central Power Purchasing Agency (CPPA) on behalf of Ex-WAPDA Distribution Companies (XWDISCOs) has requested an increase of Rs. 4.99… Read More
Pakistan Likely to Allow Chinese IPPs to Declare Force Majeure During Coal Shortage
Pakistan could allow Chinese coal power plants to declare periods of coal shortage as Other Force Majeure Events (OFME). This… Read More
PM Appoints Awais Leghari As Power Minister
Prime Minister Shehbaz Sharif has appointed Awais Leghari as the new Federal Minister for Power. “The Prime Minister, in terms… Read More
Shell Pakistan Launches Shell Lubricant Solutions to Meet Industrial Needs as an End-to-End Lubricant Solutions Supplier
Shell, the leading global supplier of finished lubricants for 17 consecutive years, has launched Shell Lubricant Solutions in Pakistan. The… Read More
Production of Petroleum Products up Nearly 7% in 8 Months of FY24
Petroleum products production witnessed an increase of 6.78 percent during July-January 2023-24 as its indices went up to 95.38 from… Read More
Hubco Denies False Claims of Making Any Payment to Indian Political Parties
The Hub Power Company Limited (PSX: HUBC or Hubco) has denied false claims coming out of India that it made… Read More
Will Directly Subsidize Fertilizers to Support Farmers: Energy Minister
Energy Minister Dr. Musadik Malik said the government will directly subsidize fertilizers to support farmers instead of going through preferred… Read More
IMF Demands Pakistan to End Cheap Gas Supply to Fertilizer Companies
The International Monetary Fund (IMF) Mission has expressed concerns over Pakistan’s supply of cheap gas to fertilizer plants and has… Read More
Govt Unlikely to Share Any Good News on Petrol Price Tomorrow
The federal government is likely to keep petroleum prices unchanged during the holy month of Ramadan. The exchange rate has… Read More
OGRA Takes Notice of High LPG Prices Despite Sufficient Stock
The Oil and Gas Regulatory Authority (OGRA) has taken notice of the market reports regarding a surge in LPG prices… Read More
Sui Southern Posts Rs. 9.3 Billion Loss in First Half of FY23
Sui Southern Gas Company Limited (SSGC) has announced a consolidated loss after tax of Rs. 9.31 billion in the half-year… Read More
Govt Tells Gas Companies to Secure Bank Financing For LNG Imports
The government has instructed Sui Northern Gas Company Limited (SNGPL) and Sui Southern Gas Company (SSGC) to secure necessary financing… Read More