Monday, January 12, 2026

Mari’s production expansion to boost fertilizer sector

A steadier supply of domestic gas will allow the sector to have more consistent production schedules than has been the case historically

Mari Energies secures government approval for gas supply to three fertiliser plants

Approved gas allocations include 104 MMscfd for FFC (Port Qasim), 68 MMscfd for Fatimafert, and 50 MMscfd for Agritech

Pakistan’s refinery crisis is a six billion dollar gamble on energy security

When good intentions meet fiscal reality, everything is not guaranteed to go right

Global coal demand hit record high this year but is set to decline by 2030, IEA says

Renewables, nuclear, and gas set to challenge coal dominance by 2030; India's coal use drops, US sees rise, China leads global consumption

SNGP to install 300,000 LNG connections this year

The gas utility struggles with declining domestic production and reduced demand from its power sector customers

Pakistan clears LNG diversion plan for 2026, allowing Qatar and ENI to reroute 35 cargoes

Government approves long-delayed annual delivery plan as declining gas demand prompts cargo diversions, cost savings and restored supply of cheaper local gas

What happened to Hascol at the Sindh High Court?

A recent mistake by the execution branch of the Sindh High Court has brought the case of a debt owed by Hascol to MENA Energy back into the limelight. The details raise more questions than answers

Two major Hubco-backed Thar coal power projects now online

The power plants will likely yield significant cash flows for the company, but may put additional pressure on the already oversupplied electricity grid

Cynergico swings to losses, presses ahead with refinery investment

The vertically integrated oil and gas company is breaking up into constituent components

Shell’s exit helps boost reported profits at Wafi Energy

The former Shell subsidiary is now Saudi owned, continues to invest in growth, despite secular headwinds facing oil as a fuel for vehicular energy needs

Slowly, PSO’s cash flow position is improving

The company has been able to pay down its dollar-denominated debt, and expects a decline in receivables following government efforts to resolve circular debt

NEPRA trims K-Electric’s tariffs on lower cost assessments

The publicly listed utility is expected to take a hit to even historical earnings as the regulator assess its cost structure to have been lower than previously expected

Is it time to retire Pakistan’s idle coal giants?

A bold financial blueprint could transform Pakistan's coal power plans into renewable energy assets, while protecting Chinese investors

KE’s power struggle comes to an end with Saudis on top and SIFC backing

After months of legal wrangling, the government has brokered a truce in K-Electric’s ownership saga, with Sheheryar Chishty ceding control to Saudi investors, ending one of Pakistan’s most convoluted corporate standoffs

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