Pakistan buys first LNG spot cargo since 2022  

PLL has bought a cargo from Vitol for $15.97/mmbtu 

How soaring prices, low agri demand, and import constraints set OMC sales back by three years

September's sales collapsed by ⅓ to put them at the industry’s lowest since March 2020 

NEPRA hikes power tariff by Rs 3.28 per unit

ISLAMABAD: Giving another shock to the already burdened power consumers, National Electric Power Regulatory Authority (NEPRA) has approved an increase in the...

CCP approves two mergers; allows takeover of LNG terminal operators

ISLAMABAD: In a move to solve the lack of investment in Pakistan's energy sector, the Competition Commission of Pakistan (CCP) has given...

How did HUBCO earn its highest ever profit? 

Higher incomes from associated companies, a faltering Rs, and having your Thar based power plants come online make for a nice bottom line 

OGRA jacks up LPG price by Rs 21 per KG for October

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased the price of Liquefied Petroleum Gas (LPG) by Rs 21 per Kilogram...

NEPRA approves upto Rs 4.45 per unit hike in power tariff for KE consumers

ISLAMABAD: Karachiites should get ready to bear a jolt in the form of significant increase in power tariff as National Electric Power...

NEPRA reserves decision on Rs 1.83 per unit hike in electricity tariff under FCA of August

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has reserved its decision on Rs 1.83 per unit increase in the power tariff on...

Power Division anticipates a recovery of around Rs 150bn within 3-4 months

ISLAMABAD: Power Division has so far recovered appropriately Rs.10 billion during its campaign against electricity theft and recovery from power defaulters, while...

Pakistan is set to supply fuel to ships. How did we get here? 

Production set to ramp up from initial 2,000 mt to 10,000-12,000 mt in next six months 

Gas sector’s circular debt reaches Rs 2900bn 

ISLAMABAD: Country’s gas sector is facing a loss of Rs 1 billion per day while its annual loss is Rs 350 billion...

High energy prices burn steel industry

Energy tariff increases to trigger significant steel price hike

Coal power plants allegedly exploiting imported coal prices

These coal-based power plants had committed to use coal containing 6000 calorific values (CVs) but they had been importing coal with 4500 to 5500 CVs

Employees of WAPDA, DISCOs and others to continue getting free electricity 

Across six DISCOs, the benefits in terms of just electricity units given to retired employees stand at an average of Rs 664mn per year from 2017 to 2025.

Govt to provide gas subsidy to low-income houses of Balochistan for the winter season

With the IMF review around the corner, and an imminent price hike, the government will be treading a fine line with cash handouts