Govt agrees to IMF-led power reforms including tariff hikes, debt transfer to CPPA-G
Measures are aimed at stabilising the sector and ensuring debt sustainability
Pakistan’s local oil reserves rise 23% to 238 million barrels in 2024, gas reserves stable
New discoveries and increased production drive growth in oil reserves, while gas reserves show limited change
Car sales grow by 46% YoY in 9MFY25: report
The automotive market in Pakistan is bouncing back with impressive gains, driven by economic stability and rising consumer confidence.
NEPRA to hear tariff cut petitions from 11 IPPs on April 16
More IPPs agree to revised terms amid tariff relief push
PPL begins gas production from Pateji X-1 in Shah Bandar Block
Gas will be injected into SSGCL network, with production potential of up to 10 MMscfd
OGDCL to begin production in Abu Dhabi’s Offshore block by 2027
CEO announces diversification into minerals, including lithium and Barrick Gold partnership
Global oil price drop may result in Rs12 reduction in petrol rate in Pakistan
Final decision depends on govt’s ability to balance fiscal requirements
AI momentum builds in Pakistan, but experts urge smarter strategies
Buzz without backbone could undermine sustainable growth, say insiders
Danish firm launches mining training program for Pakistani engineers
FLSmidth partners with government to boost skills and sustainable development
Mari Energies announces fourth hydrocarbon discovery in Waziristan Block
New discovery in Lockhart Formation yields gas production of 70.3 MMSCFD and condensate output of 310 barrels per day
Pakistan to showcase estimated $6trn mineral wealth at PMIF25 forum
International investors to gather in Islamabad as Pakistan presents its mining potential and future plans for sector growth
Pakistan sets sights on $60bn export goal with focus on textile sector
Under the “Uraan Pakistan” plan, government emphasizes modernization, value addition, and export-friendly reforms
Petroleum sales surge 5% in March due to Ramazan and Eid
Intercity travel, coupled with general increased consumption led to volumetric increase in sales for fuel retailers
OPEC+ presses for output compliance amid price crash
Ministers push laggards to cut excess production as surprise supply hike sinks oil to 2021 lows
Rs1.34 trillion loan negotiations with banks in final stages, says energy minister
Awais Leghari confirms that once term sheets are submitted by banks, agreements will be finalised to reduce circular debt by Rs300-335 billion