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

Nepra approves revised uniform tariff for FY 2025-26 amid industry concerns

New tariff set at Rs 31.59/kWh, a reduction from Rs 32.73/kWh; concerns raised over impact of tariff changes on industries and continued reliance on government relief

How do petrol pumps make money?

After all of the hullabaloo surrounding the increase in margins, how does the petrol pump business model even work?

Power demand shrinks 3.6% in FY25 due to tariff hike, weak industry

Electricity consumption in Pakistan declined by 3.6 percent during the first nine months of the ongoing fiscal year, reflecting the impact of...

Why did the Pakistani govt increase fuel prices, despite a drop in global oil price?

Recent fuel price hikes have left many scratching their heads as global pressures settle down

Petrol, diesel prices slashed by Rs2 for April 2018

ISLAMABAD: The government on Saturday announced a reduction in prices of petrol and diesel by Rs2.07 and Rs2.00 per litre, respectively, for...

Pakistan’s mystery billionaire

“He’s the Howard Hughes of Pakistan. Nobody ever sees him. You’re the first ones (among journalists) who are going to witness him...

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

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

NEPRA report highlights power sector crisis, urgent reforms essential

Inefficiencies in generation, transmission, and governance cited as key challenges.

KP launches Rs20bn solar project to provide 130,000 households with free energy

32,500 households to receive free solar panels, batteries, fans, and lights in first phase by selecting through electronic balloting; priority given to vulnerable groups

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

KP loses Rs583 million per day due to electricity theft and technical inefficiencies, report reveals

PESCO report shows province lost Rs193.4 billion in 11 months, with Bannu facing the highest losses at 73.86%; Losses attributed to political interference, lack of cooperation from local authorities, and outdated infrastructure

Hydel electricity generation increased by 20pc in FY20 to highest ever level, says Asad Umar

ISLAMABAD: Minister for Planning, Development and Special Initiatives Asad Umar said on Sunday that Water and Power Development Authority (WAPDA) produced the...

Shell is exiting Pakistan. What does it mean and what could the transaction look like?  

Oil giant has been wanting to quit Pakistan for years. But what makes the country such a difficult market and how will the transaction play out in a forex strapped nation?Â