Fuel oil smuggling network rakes in $1bn for Iran and proxies
Operation exploits govt policy under which Iraq allocates fuel oil to asphalt plants at subsidised rates
POWER
K-Electric tariff reduced by 18 paisas
Reduction will reflect in consumers' December bills
K-Electric tariff likely to rise to Rs47 per unit
K-Electric proposes significant increase in multi-year tariff
Sindh discovers huge oil, gas reserves in record time
Well likely to produce 12.4MMSCFD gas, approx 196 barrels of crude oil per day
Oil prices edge up amid Middle East tensions and OPEC+ meeting dely
Renewed ceasefire concerns in Israel-Hezbollah conflict, uncertainty over OPEC+ output
Oil prices steady amid Israel-Hezbollah ceasefire and OPEC+ meeting anticipation
Crude benchmarks stabilize as markets weigh geopolitical developments, U.S. inventory changes
Oil prices dip after 6% weekly surge, geopolitical tensions keep market volatile
Geopolitical risks between Russia, Iran, and Western nations continue to weigh on global oil supply concerns
Punjab to convert all old motorcycles into electric bikes
Transport secretary says govt will pay half of conversion cost for motorcycle owners
Winter relief: Historic electricity package of Rs26.7/unit approved
Initiative expected to support domestic, commercial, industrial consumers with varying levels of relief
Mari Petroleum shows strong growth as SIFC prioritizes energy sector
Company's reserves extend to 17 years amid policy improvements and sustainable measures
Electricity prices expected to decrease
CPPA submits application to NEPRA seeking reduction in electricity prices for October
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
Anti-power theft drive recovers over Rs132 bln since September
More than 87,000 electricity thieves apprehended in nationwide crackdown
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
Gas production from Dera Bugti well begins with 5MMSCFD
Well producing 5MMSCFD, output successfully integrated into Uch Gas Processing Plant
Pakistan decides to direct imported LNG to domestic use
Providing LNG to domestic consumers will require investment of Rs163bn
Oil falls as US storm threat abates, China stimulus disappoints
Brent crude futures dropped 31 cents, or 0.4%
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%
Govt's anti-power theft drive yields Rs130 bln in recoveries
Over 86,000 power thieves arrested in nationwide crackdown since September 2023
Pakistan's oil refineries set for major upgrade under SIFC direction
Billion-dollar hydrocracker unit investment planned to convert furnace oil into premium fuels
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
NEPRA announces 40 paisa per unit increase in K-Electric prices
Adjustment comes as part of monthly fuel cost adjustment for August
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
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
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
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