Sindh launches Pakistan’s largest biomethane projectÂ
Karachi-based plant to produce 23,000 cubic metres of biomethane gas daily
Nishat Chunian Power adopts ‘Hybrid Take and Pay’ model under revised agreement
Pakgen Power Limited also terminates Power Purchase Agreement
Engro Powergen signs agreement to implement Hybrid Take-and-Pay Model
Company secures PKR 8.04 billion settlement as part of revised power purchase agreement
Pakistan’s furnace oil exports surge 113% to record 189,000 tonnes in January
Total exports for 7MFY25 reach 895,000 tonnes, up 63% year-on-year as power sector phases out furnace oil usage
Pakistan Petroleum Limited secures 10-year lease extension for Sui Gas Field operations
Memorandum of Agreement signed with Balochistan govt for social welfare initiatives
Refineries urge Ogra to delay petrol, diesel imports amid sufficient stock levels
Industry calls for deferral as petrol reserves stand at 36 days, diesel at 39 days
Govt signs financial advisory deal for privatisation of three DISCOs
Advisory group will conduct due diligence, investor outreach, transaction structuring, and assist in the bidding processÂ
A 5% rise in petrol consumption indicates stability in consumer spending
The rise in diesel consumption may indicate an increase in commercial transportation and agricultural production
PM vows further electricity tariff cuts for households, industries
Power sector overhaul struggles with slow progress on privatisation, transmission upgrades, and tariff reforms
Pakistan to renegotiate LNG deal with Qatar for better pricing
Government seeks cost-effective energy as Sindh lawmakers demand fair gas distribution
OMC sales rise 8% in January as anti-smuggling measures boost demand
Petrol sales reach 625,000 MT, diesel at 600,000 MT; PSO’s market share drops to 42.8%
Ghani Chemical signs gas supply deal with Mari, OGDCL; plans processing facility in Balochistan
GCIL to get 3 MMSCFD gas from Maiwand-X1 discovery in Kohlu; anticipates over Rs3.5 billion in revenue annually
OGDCL commences production from Bettani-2 appraisal well in Khyber Pakhtunkhwa
Well produces 8.5 MMSCFD of gas and 610 barrels per day of oilÂ
Pakistan LNG Limited to divert two cargoes to international market
Decision follows reduced demand for RLNG in power generation sector
Mepco’s Rs119bn investment plan faces hurdles amid Rs41.8bn financial losses
Nepra questions feasibility as power utility struggles with bill recovery and high line losses