NEPRA reserves judgment over govt’s request for increased power surcharge Â
Power surcharge sought in FY24 to pay off inefficient power companies’ debt, cost of power theft
Govt gives another lifeline to PSO
Int'l default risk looms over state-owned fuel company as it faces difficulty in paying back debts
Russian sanctions shift oil price-making power to Asia from Europe
MOSCOW: Western sanctions on Russian and Iranian oil have channelled cheap fuel to Asia and in the process eroded a decades-long trend...
Crude oil prices slide $4 as collapse of Silicon Valley Bank spurs fears of crisis
HOUSTON: Oil prices fell $4 on Monday along with equities as the collapse of Silicon Valley Bank raised fears of a fresh financial...
FIA clears six names in Hascol scam. But on what grounds?
Re-investigation has given a clean chit to six persons including a close companion of Ishaq Dar.Â
Power consumers to pay additional Rs 14.24/unit
New surcharge will be added to consumer bills on account of deferred FCA
The PSO debt spiral continues
The latest financial reports published by the state owned oil giant have again raised concerns about the company’s financial health. The results...
India’s fuel demand hits 24-year high
India’s fuel demand hit its highest level in at least 24 years in February, data showed on Thursday, with industrial activity in...
Mari Petroleum successfully completes commissioning of facility in Daharki, Sindh
Plant beats pre-production gas estimation by producing 95 MSCFD gas to SNGPL
Power tariff for Karachi to be raised
ISLAMABAD: The Ministry of Energy (Power Division) decided to jack up the power tariff by Rs 4.76 per unit for K-Electric consumers...
Karachi Electric: Financial misstatements?
The name of the electric company has been making the rounds in several newspapers after a former board member wrote a letter to the Pakistan Stock Exchange (PSX) concerning Karachi electric. In response the company has initiated a case against the former for defamation
Sedative Electricity Reforms
The current electricity strategy pursued by the Government under the garb of reforms is not in the best interest of the sector....
Everyone aboard the solar express?
You would think that the announcement from any government anywhere in the world that they were installing 10,000 MW of solar energy...
Going the Thar route
After decades of policy shifts on the energy front, will Pakistan go towards domestic coal to avoid the bloodbaths of the spot markets?
Is a deregulated petroleum market the way to go ?
In a recent turn of events, sources have told Profit that the government is considering deregulating the petroleum, oil and lubricant market....