Petrol price expected to decrease by Rs10, Diesel Price to surge for second half of July
ISLAMABAD: The government is expected to limit the relief provided to consumers by not fully reducing the price of petrol and potentially...
Pakistan’s electricity is now less import dependent. But this is why it is still not cheap
Cleaner, more domestic, but not (yet) cheaper: the state of Pakistani electricity
Excessive power generation capacity troubles once energy-starved Pakistan
After spending decades tackling power shortages, Pakistan is now faced with a new and unfamiliar problem of "excessive electricity generation capacity", Bloomberg...
The solar glut has come to Pakistan
As consumers embrace off-grid alternatives, the grid's sustainability comes into question
Energy ministry rejects claims of discovering oil reserves larger than Kuwait’s: sourcesÂ
ISLAMABAD: The Energy ministry has negated caretaker foreign minister’s tall claim of discovering huge oil reserves reportedly bigger than Kuwait's in Pakistan...
Petrol, diesel prices estimated to go down by Rs 13/litre during second half of December
ISLAMABAD: Per litre price of petrol is estimated to go down by Rs 13.10 and high-speed diesel (HSD) is expected to witness...
ECC forms special committee to resolve stalled K-Electric sale
With Abraaj teetering on the verge of bankruptcy, was Arif Naqvi's meeting with PM Imran Khan meant to extract a return favour for the investment made in PTI's election campaign of 2013, as alleged by his ex-wife Reham Khan
‘Mohmand Dam construction contract to CGGC-DESCON made on merit’
WAPDA chairman says int’l bidding for eligible firms was invited for procurement in accordance with PPRA and PEC provisions
ISLAMABAD:Â Water and Power...
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
Govt renegotiates Power Purchase Agreements with eight IPPs
Remaining deals are expected to be finalised in the next two weeks; deals aim to save billions for consumers
SNGPL proposes construction of North-South gas pipeline at $1 billion
ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) has been considering constructing the 1,100 kilometre (km)-long North-South Gas Pipeline (NSGP) at a...
Shanghai Electric mulls acquiring 66.4pc stake in K-Electric
KARACHI: K-Electric (KE) has received a fresh Public Announcement of Intention (PAI) from Shanghai Electric to acquire 66.4 per cent voting shares...
Circular debt is at Rs 2.31 trillion. What does it mean?
Figure represents an increase from the end of FY 2022, but a contraction from April 2023
Petrol prices up by Rs4.26, Diesel by Rs6.55
Accordingly, after the hike, petrol would be sold at Rs91.96 per litre, HSD at Rs105.31, SKO at Rs84.34 and LDO at 74.99. These prices would be effective from June 12 till June 30, 2018.
Major changes in the offing at K-ElectricÂ
New owners announce that they have filed to dissolve the holding company that owns KE.Â