Saudi Aramco reports lower Q2 revenues, forecasts higher oil demand in second half of 2025

Despite a dip in crude prices, Aramco anticipates stronger demand in the second half, supported by higher output and refining performance

Electricity price in Pakistan to rise by 25% over next 8 years, says power division forecast

Average tariff expected to hit Rs29.70/unit by 2034 due to currency devaluation, impacting industrial competitiveness and consumer costs; shift towards cleaner energy sources may help reduce price pressures

Cabinet Committee on Energy directs power division to cut open access notice, review 800MW wheeling cap annually

Government shortens open access switch timeline, orders yearly review of 800MW wheeling cap to boost power market liberalization

FBR grants powers to IRS and provincial officers for cigarette seizures

New regulations enable officers to seize cigarettes without valid or fake stamps nationwide

Sindh sets new minimum wage at Rs40,000, boosts rates for skilled workers

New wage structure effective July 1 applies to all establishments; Rs192 per hour fixed for daily wagers

From textile seth to freelancer: the evolution of Bilal Fibres

The mill shut down a long time ago, but the sponsors of Bilal Fibres now want to move into the kind of services business that has recently taken off in Pakistan

Electricity generation finally stabilizing after two years of declines

Government policy may finally be encouraging more use of grid electricity by industrial users

Govt set to launch direct electricity sale system for commercial, industrial consumers

800 MW of electricity to be sold through competitive bidding in first phase; commercial and industrial consumers to be eligible to purchase at least 1 MW

Petroleum Division concerned over reduced RLNG off-take by power plants, warns of system risks

SNGPL reports power plants used only 327 MMFCD of RLNG on July 16, 2025, with monthly average consumption at 501 MMFCD, below the required 600 MMFCD

Denmark to launch three-year energy cooperation program with Pakistan

New initiative, backed by Danish Energy Agency, to focus on energy efficiency, renewable integration, and sector planning

JS to consolidate energy investment vehicles

Move could signal a commitment to consolidate disparate energy initiatives under one roof

Attock Refinery: cash-rich, policy-ready and poised for a once-in-a-generation upgrade

The fortress balance sheet gives the company a distinct advantage in pursuing the kind of capital expenditures that have eluded some of its competitors

Dewan Cement adds solar power to its energy mix

Company joins loud chorus of Pakistani industrial entities looking to set up their own solar energy generation capabilities

Pakistan’s power generation up by 2% YoY in June 2025 due to higher demand

June's power generation rise attributed to higher demand, lower tariffs, and increased grid consumption; cost of generation decreased by 9% YoY to PKR 7.87/KWh, staying below benchmark

Pakistan earns $17.88 billion from textile exports in FY2025

Knitwear, garments, and bedwear drive textile exports growth by 7.39%, but cotton products decline amid challenges in innovation and market diversification