One more round of circular debt restructuring and why it still won’t fix the problem
The new instrument is an innovative structure to help ensure that the problem at least creates partial self-correcting mechanisms, but the government is still punting on the reforms needed for a permanent fix
Pakistan shifts away from LNG imports amid rising costs and energy strategy realignment: report
Petroleum Minister Ali Pervaiz Malik announces changes to energy strategy, highlighting a shift from LNG to local gas exploration in response to soaring prices and falling demand
Peshawar block set for revival as energy giants form joint venture
Hycarbex-American Energy, Mari Energies, and Fatima Petroleum team up; Minister Ali Pervaiz Malik pledges government’s full backing
Declining production hits PPL’s bottom line
Net income fell 19% due to a combination of falling production and falling prices
Zardari secures Shanghai Electric’s investment in Thar coal gasification project
President witnesses MoU signing for Pakistan’s first coal-to-fertiliser initiative during Shanghai visit
Shanghai Electric finally pulled the plug on K-Electric. What comes next?
The withdrawal of Shanghai Electric has been a foregone conclusion for at least two years now, but it still marks a dark moment in Pakistan’s business history
KP launches five-year plan to boost hydropower revenue and tackle energy challenges
Plan also outlines strategies for selling power from the province’s own resources and ongoing projects
Pakistan’s oil and gas sector posts significant growth in first half of 2025
Hydrocarbon stocks increase to 239.6mn barrels of oil and 19 tcf of gas by June 2025, driven by discoveries in Waziristan, Bettani, and Pindori; listed E&P firms added 2.4 million barrels of oil and 833.1 tcf of gas
Pakistan’s power generation costs down 14% YoY in July 2025
Cost of generation per kilowatt-hour (kWh) recorded Rs8.18 in July, a 14% decrease compared to the same month last year
ECC approves uniform application of Fuel Charges Adjustment across the country
KE consumers to face DISCOs’ fuel charge adjustments as ECC approves tariff rationalization
Flood affects 32 mini power stations in Khyber Pakhtunkhwa
Small hydro stations hit while major plants remain safe
Power companies report Rs11 billion decline in transmission and distribution losses in FY25
Power sector shows slight improvement in loss reduction, but recovery figures remain disputed by NEPRA
Saudi Aramco reports lower Q2 revenues, forecasts higher oil demand in second half of 2025
Despite a dip in crude prices, Aramco anticipates stronger demand in the second half, supported by higher output and refining performance
Electricity price in Pakistan to rise by 25% over next 8 years, says power division forecast
Average tariff expected to hit Rs29.70/unit by 2034 due to currency devaluation, impacting industrial competitiveness and consumer costs; shift towards cleaner energy sources may help reduce price pressures
Cabinet Committee on Energy directs power division to cut open access notice, review 800MW wheeling cap annually
Government shortens open access switch timeline, orders yearly review of 800MW wheeling cap to boost power market liberalization