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
Pakistan, Russia agree to set up steel mill in Karachi
New initiative aims to enhance bilateral relations and foster collaboration in the steel industry
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
Textile exporters call for tariff revision to address industrial electricity billing discrepancies
Pakistan Textile Exporters Association seeks a more efficient tariff structure to incentivise higher-voltage connections and reduce system inefficiencies
SBP injects Rs 13.1 trillion into market through OMOs
Central bank conducts market operations to manage liquidity and maintain stability
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
129 large industrial units in Khyber Pakhtunkhwa face closure due to financial challenges
Of 218 large industrial units, 129 are struggling with financial difficulties, while 991 small units remain operational across the province
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