Cabinet approves TAPI joint implementation plan (JIP) to accelerate gas pipeline project
In a significant development, Pakistan's federal cabinet has granted approval for the Turkmenistan, Afghanistan, Pakistan, and India (TAPI) Gas Pipeline Project's Joint...
SNGPL starts gas supply from Wali Gas Field, easing energy crisis
In a significant development, gas supply from OGDCL's recently discovered Wali (Bettani) gas field in District Lakki Marwat, Khyber Pakhtunkhwa Province, has...
Govt maintains POL prices for next fortnight
The federal government has announced that the prices of petroleum products will remain unchanged for the next 15 days, according to a...
Pakistan secures deals for cheaper LNG imports from Azerbaijan, boosting energy supplies
Pakistan has received approval from the federal cabinet to procure liquefied natural gas (LNG) cargoes from Azerbaijan at discounted rates, as announced...
Shell is exiting Pakistan. What does it mean and what could the transaction look like? Â
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
France to provide €180m loan for NTDC projects in Sialkot, Arifwala, and Vehari
Loan will support NTDC in its transmission mandate to provide reliable and efficient power supply in major cities of Punjab
Petrol price estimated to decrease, diesel to surge for second half of June
Petrol price is estimated to decrease by Rs 1.87 per litre, high speed diesel (HSD) price might see a significant surge of...
700MW Azad Pattan hydropower project ready for construction: Energy China
Wang Huihua, Managing Director of China Energy Int’l Group’s Pakistan Branch, announced that the 700-megawatt Azad Pattan hydropower project, run by Energy...
Govt seeks power from Parliament to increase PDL beyond Rs50 per litre
Senate’s Standing Committee on Finance approves the increase in the monetary limit of foreign remittance to $100,000
Petroleum Division sets age limit for MD slot to try and doctor process
ISLAMABAD: The Ministry of Energy (Petroleum Division) is allegedly involved in favoritism in the recruitment process for the position of Managing Director/Chief...
NEPRA notifies power price hike by Rs1.61 per unit under FCA of April
Power consumers of all DISCOs except K-Electric would face additional burden as NEPRA has granted approval for power price hike.
Fossil fuel company net zero plans ‘largely meaningless,’ report says
The number of fossil fuel companies setting net-zero emissions targets has risen sharply over the past year, but most fail to address...
Powering ahead: Govt boosts subsidy allocation to address energy sector challenges in FY2023-24
The power sector has emerged as a major beneficiary, receiving a substantial portion of the subsidy allocation.Â
Oil extends losses as economic slowdown concerns return
Oil extended losses on Wednesday as concerns over global economic headwinds deepened, erasing the price gains booked after top crude exporter Saudi...
Oil falls as global economic backdrop outweighs Saudi output cut
Oil prices edged lower early on Tuesday, coming off gains made the previous day as concerns about the global economic backdrop outweighed...