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....
NEPRA’s CSR award ceremony comes under fire
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) Member Sindh Rafique Ahmad Shaikh on Wednesday raised serious objections over a Corporate Social Responsibility...
Cnergyico leaps ahead of Shell and Total to become largest private-sector fuel retailer
The acquisition of Puma Energy Pakistan means that they are now the second largest fuel retailer after state-owned PSO
NEPRA jacks up power prices by Rs4.3 per unit
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) announced on Thursday that it has allowed a Rs4.3 per unit increase in power...
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?
LNG 101: What is LNG, and how is it priced and traded?
n the first part of Profit’s LNG classes, we explain the basics of what LNG is and why it costs as much as it does