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

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