Money

Winter relief: Historic electricity package of Rs26.7/unit approved

Initiative expected to support domestic, commercial, industrial consumers with varying levels of relief 2 days ago

Mari Petroleum shows strong growth as SIFC prioritizes energy sector

Company's reserves extend to 17 years amid policy improvements and sustainable measures 4 days ago

Electricity prices expected to decrease

CPPA submits application to NEPRA seeking reduction in electricity prices for October 5 days ago

Oil heads for weekly loss as Chinese demand continues to underperform

Gasoline stocks fall by 4.4 million barrels last week to lowest since November 2022 6 days ago

Anti-power theft drive recovers over Rs132 bln since September

More than 87,000 electricity thieves apprehended in nationwide crackdown 1 week ago

This is how much petrol price may increase from Nov 16!

Price adjustments proposed based on current tax rates, with exchange rate effects reportedly kept zero 1 week ago

Gas production from Dera Bugti well begins with 5MMSCFD

Well producing 5MMSCFD, output successfully integrated into Uch Gas Processing Plant 1 week ago

Pakistan decides to direct imported LNG to domestic use

Providing LNG to domestic consumers will require investment of Rs163bn 1 week ago

Oil falls as US storm threat abates, China stimulus disappoints

Brent crude futures dropped 31 cents, or 0.4% 1 week ago

Oil prices fall as Hurricane Rafael expected to start weakening

For the week, Brent is set to gain 3.1% while WTI is set to rise 4.1% 1 week ago

Govt's anti-power theft drive yields Rs130 bln in recoveries

Over 86,000 power thieves arrested in nationwide crackdown since September 2023 1 week ago

Pakistan's oil refineries set for major upgrade under SIFC direction

Billion-dollar hydrocracker unit investment planned to convert furnace oil into premium fuels 1 week ago

Oil prices fall on stronger dollar as polls start closing in US election

U.S. stock futures and the dollar pushed higher in Asia on Wednesday 2 weeks ago

NEPRA announces 40 paisa per unit increase in K-Electric prices

Adjustment comes as part of monthly fuel cost adjustment for August 2 weeks ago

Oil gains more than $1 after OPEC+ delays output hike

Market braces for a week that spans US presidential election and a key meeting in China 2 weeks ago

Oil prices edge up, US plan to refill reserve offers support

Brent crude futures climbed 44 cents, or 0.6%, to $71.86 a barrel 3 weeks ago

Oil slumps more than 4% after Iran downplays Israeli strikes

Both Brent, U.S. West Texas Intermediate crude futures hit their lowest levels since October 3 weeks ago

NEPRA increases electricity price for Karachi

Additional charges will be recovered from consumers in December 2024 bills 3 weeks ago

Govt withdraws subsidies on electricity, gas to curb circular debt

Plan formulated to raise gas tariffs by February 15, 2025 1 month ago

Petrol price in Pakistan may go up from Oct 16

Preliminary working paper prepared by petroleum industry, shared with Ogra 1 month ago

Petrol prices likely to increase by Rs2.75 per litre

OGRA prepares proposals aimed at increasing profits of oil companies and petrol pumps 1 month ago

Political consensus, implementation of IMF program stressed in Pakistan

Bank describes energy sector as 'serious threat' to Pakistan's economy 1 month ago

Federal cabinet ends contracts with 5 IPPs to reduce electricity costs

Move expected to save consumers Rs60bn annually, reduce Rs411bn burden on national treasury 1 month ago

Oil edges up on Middle East conflict, supply outlook limits gains

Investors weigh conflict, potential disruption in crude flows against amply-supplied global market 1 month ago

Electricity prices set to increase for Karachi consumers

K-Electric submits request with NEPRA for fuel price adjustment for August 1 month ago

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