Money

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 month 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 month 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 month 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 1 month ago

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

Adjustment comes as part of monthly fuel cost adjustment for August 1 month 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 1 month 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 1 month 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 1 month ago

NEPRA increases electricity price for Karachi

Additional charges will be recovered from consumers in December 2024 bills 1 month ago

Govt withdraws subsidies on electricity, gas to curb circular debt

Plan formulated to raise gas tariffs by February 15, 2025 2 months ago

Petrol price in Pakistan may go up from Oct 16

Preliminary working paper prepared by petroleum industry, shared with Ogra 2 months ago

Petrol prices likely to increase by Rs2.75 per litre

OGRA prepares proposals aimed at increasing profits of oil companies and petrol pumps 2 months ago

Political consensus, implementation of IMF program stressed in Pakistan

Bank describes energy sector as 'serious threat' to Pakistan's economy 2 months 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 2 months 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 2 months ago

Electricity prices set to increase for Karachi consumers

K-Electric submits request with NEPRA for fuel price adjustment for August 2 months ago

Minister highlights need for reforms and green energy projects

Owais Leghari says government taking important steps to enhance electricity sector’s efficiency 2 months ago

NEPRA likely to reduce power tariff

Reduction could result in a collective relief of over Rs 7 billion for consumers 2 months ago

Pakistan's groundwater levels fall rapidly by over 5%

Punjab experiences significant reduction, 22.84% of region completely deprived of groundwater 3 months ago

SSGC revamps aging gas pipelines in North Nazimabad, North Karachi

New project promises improved gas pressure and reduced leakage 3 months ago

Pakistanis increasingly shift to net metering as electricity costs rise

As more people turn to solar energy, there's been increase in challenges for national grid consumers 3 months ago

Check out the latest market rates of solar panels

Solar energy sector in Pakistan offers consumers way to mitigate impact of rising electricity costs 3 months ago

Govt plans Rs487bn subsidy for power sector

Under a plan, significant portion of subsidy earmarked for various consumer categories for targeted support 3 months ago

Pakistan's oil and gas reserves increase in fiscal year 2024

SIFC facilitation boosts exploration and production sector 3 months ago

OGRA reduces RLNG prices for September 2024

Outlines new rates for both SNGPL and SSGC 3 months ago

POWER