Govt to recover additional Rs75bn annually from fuel consumers
Petrol and diesel to become at least Rs4 costlier; refineries, OMCs, and dealers to benefit
TIP urges PM to investigate alleged share transfer violations by SPUD and FHL
Watchdog claims controlling stakes were transferred without government approval, firms deny any breach
OGDCL secures rights to seven new petroleum exploration blocks
Petroleum Division communicated the provisional award of new exploration blocks to OGDCL, PPL, POL, Mari Energies, GHPL, TPOC, and Prime Global EnergiesÂ
Pakistan Petroleum Limited awarded two new blocks for hydrocarbon exploration
Government allocates Kalat South and Ziarat North to PPL joint ventures with industry partners
Petroleum prices expected to drop for next fortnight
Petrol price likely to decline by Rs3.5, HSD to go down by Rs7 per litre due to downtrend in international market and easing import premiumÂ
ECC raises concerns over DISCOs’ failure to meet loss reduction targets
Committee demands stronger measures to reduce power distribution losses after an unsatisfactory performance by newly reconstituted boards of DISCOs
SSGC swings to Rs. 8.29 billion profit in FY24, up 1,092% YoY
Gas utility rebounds from last year's loss, stock price rises by over 7%, auditor flags doubtful receivables as key risk
Karachi residents to get PKR 3.64/unit relief in May bills
NEPRA notifies relief of PKR 3.64 per unit for K-E consumers under February 2025 FCA
Mari Energies announces gas discovery at Soho-1 Well in Sindh
Company reports a significant gas discovery at Soho-1 well in the Sujawal Block, with gas flowing at impressive rates.
CPPA-G projects reduction in power purchase price by Rs 0.30 to Rs 2.25 per unit for FY 2025-26
Price reduction forecast based on varying scenarios of demand, fuel prices, and exchange rates
Punjab clears pilot program for 1,100 e-taxis
Solar-powered charging stations to be set up for 1,100 e-taxis
Govt plans nationwide switch to energy-efficient DC fans
Initiative aims to save 5,000 MW of electricity annually
Govt proposes reconstitution of LNG import committee after seven years of stalled consensus
Petroleum Division seeks to revive efforts to address LNG import issues and resolve Sindh's concerns
OPEC+ poised to approve another oil output hike for June amid weak price environment
Supply increases come as Saudi Arabia signals unwillingness to extend deeper cuts; Brent falls to $61.29 per barrel
Nepra transfers transmission licence from NTDC to new Independent System and Market Operator
Move represents a pivotal step towards establishing a competitive private power market in the country