POWER

Massive increase in gas price approved

OGRA approves increase of 8.71% in gas prices for SNGPL, 25.78% hike for SSGCL 3 days ago

New oil and gas reserves discovered in Lakki Marwat

Initial production is expected to yield 2.114 million cubic feet of gas, 74 barrels of crude oil per day 1 week ago

Oil prices ease, but geopolitical risk and China policy stance check losses

Brent crude futures were down 13 cents, or about 0.2%, at $72.01 per barrel 1 week ago

Pakistani tractors arrive in Tanzania, marking new trade milestone

First shipment reaches East African market through strategic partnership 1 week ago

China-Pakistan business conference highlights economic collaboration

Shandong, Pakistani businesses discuss potential trade, technology partnerships 2 weeks ago

Nepra decreases electricity prices by Rs1.14 per unit

Special winter package approved for electricity consumers from December to February 2 weeks ago

Punjab to provide 100,000 free solar panels from today

Distribution of solar systems will be conducted through computerised lottery system 2 weeks ago

Key global natural gas prices set to keep rising into 2025

Active restocking of rapidly-declining gas inventories in Europe, Asia should also spur strong demand 2 weeks ago

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 2 weeks ago

K-Electric tariff reduced by 18 paisas

Reduction will reflect in consumers' December bills 2 weeks ago

K-Electric tariff likely to rise to Rs47 per unit

K-Electric proposes significant increase in multi-year tariff 2 weeks ago

Sindh discovers huge oil, gas reserves in record time

Well likely to produce 12.4MMSCFD gas, approx 196 barrels of crude oil per day 3 weeks ago

Oil prices edge up amid Middle East tensions and OPEC+ meeting dely

Renewed ceasefire concerns in Israel-Hezbollah conflict, uncertainty over OPEC+ output 3 weeks ago

Oil prices steady amid Israel-Hezbollah ceasefire and OPEC+ meeting anticipation

Crude benchmarks stabilize as markets weigh geopolitical developments, U.S. inventory changes 3 weeks ago

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 3 weeks ago

Punjab to convert all old motorcycles into electric bikes

Transport secretary says govt will pay half of conversion cost for motorcycle owners 4 weeks ago

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

Initiative expected to support domestic, commercial, industrial consumers with varying levels of relief 1 month ago

Mari Petroleum shows strong growth as SIFC prioritizes energy sector

Company's reserves extend to 17 years amid policy improvements and sustainable measures 1 month ago

Electricity prices expected to decrease

CPPA submits application to NEPRA seeking reduction in electricity prices for October 1 month 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 1 month ago

Anti-power theft drive recovers over Rs132 bln since September

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

Gas production from Dera Bugti well begins with 5MMSCFD

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

Pakistan decides to direct imported LNG to domestic use

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

Oil falls as US storm threat abates, China stimulus disappoints

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

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