OGDC sees significant boost in oil production at KPK well Oil and Gas Development Company Limited (OGDC) has registered a significant increase in oil production from Nashpa... Updated 17 May, 2024 04:46pm
Markets Amid high tariffs, Pakistan’s industrial base is ramping up transition to solar power Taking advantage of the natural resource at their disposal, industries in Pakistan are switching towards solar to... Updated 15 May, 2024 11:06pm
Markets ‘Cost-side reforms’: IMF says Pakistan needs to revisit terms of power purchase agreements Remarks come in staff report for the second and final review under $3-billion Stand-By Arrangement Updated 11 May, 2024 08:08pm
Markets Islamabad seeks Chinese assistance for completion of two hydropower projects Planning minister Ahsan Iqbal says government intends to revive original momentum of CPEC projects and remains committed to high-quality development Updated 10 May, 2024 08:28pm
Markets Govt’s balancing act: incentivise solar, but not too much? KARACHI: Pakistan’s government has once again been caught in a tight spot. It wants to promote renewable energy –... Updated 10 May, 2024 09:51am
Pakistan PSO proposes swapping debt for stake in public sector companies Everything will be done through competitive bidding and we will participate and if we win, the stakes will be offset against PSO’s receivables, says CEO Syed Muhammad Taha Updated 09 May, 2024 10:28pm
Business & Finance Pakistan giant Engro looks to go global, its main investor says Expansion plans include looking at telecoms infrastructure in countries in Middle East, North Africa, and Central Asia Updated 07 May, 2024 09:46pm
Markets Despite lower finance cost, National Refinery posts Rs2.87bn loss in 3QFY24 Despite higher revenues and lower finance cost, National Refinery Limited (NRL), the country’s only lube refinery,... Updated 25 Apr, 2024 09:06pm
Business & Finance Pakistan Refinery suffers Rs1.24bn loss in 3QFY24 Hit by lower revenue and high cost of sales, Pakistan Refinery Limited (PRL), a subsidiary of Pakistan State Oil... Updated 24 Apr, 2024 06:30pm
Markets PPL sees significant boost in oil & gas production Pakistan Petroleum Limited (PPL) has registered a significant increase in hydrocarbon production from its wells... Updated 22 Apr, 2024 04:06pm
BR Research Rising capacity payments: EVs to the rescue Pakistan energy sector has multifaced issues, and the sector has never been seen holistically, with power and... Published 17 Apr, 2024 06:16am
Markets Oil tanker 'mafia': PM Shehbaz again pushes for renewable energy generation Appreciates Punjab govt for taking steps to control power theft Updated 15 Apr, 2024 06:46pm
Markets OGDCL discovers tight gas reserves in Sindh Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production company, has... Updated 08 Apr, 2024 04:50pm
Pakistan PM Shehbaz says macroeconomic stability, growth priority of govt Prime Minister Shehbaz Sharif on Tuesday said his government’s top priority is to ensure macroeconomic stability and... Updated 26 Mar, 2024 06:32pm
Markets OGDCL discovers gas reserves in Khyber-Pakhtunkhwa Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P)... Updated 26 Mar, 2024 10:05pm
Markets Power sector woes: PM Shehbaz assigns tasks to ministries Wants them completed in 1-3 months Updated 25 Mar, 2024 10:23pm
Perspectives Iran-Pakistan gas pipeline: a case that deserves greater attention The first 80 kilometers of the Iran-Pakistan gas pipeline project have been approved for development inside... Published 22 Mar, 2024 01:07am
Markets YoY: Pakistan’s power generation cost jumps, generation dips in February Cost of power generation in Pakistan was up 9% while generation dipped 8% in February 2024. The cost in February... Updated 19 Mar, 2024 10:22pm
Markets SSGC incurs massive loss of Rs9.3bn in 6MFY23 After much delay, Sui Southern Gas Company (SSGC) made public its accounts for the first half of fiscal year 2022-23... Updated 11 Mar, 2024 10:54pm
Markets Cnergyico Pk anticipates investment of over $1bn in refinery upgradation Cnergyico Pk Limited, formerly known as Byco Petroleum Pakistan Limited, sees its anticipated investment at over $1... Updated 08 Mar, 2024 11:31pm
Opinion Rescuing Pakistan For over three decades, Pakistan’s energy sector has grappled with the persistent issue of circular debt, casting a... Updated 02 Mar, 2024 04:38am
Markets POL sales down 7% YoY amid higher prices, economic slowdown Sale of total petroleum products in Pakistan clocked in at 1.24 million tons in December, a decline of 7%... Updated 02 Jan, 2024 07:09pm
Markets Gas crisis continues: SSGC suspends supply to industries, CNG stations in Sindh Pakistan’s gas crisis continued to worsen as Sui Southern Gas Company Limited (SSGC) on Friday announced supply... Updated 29 Dec, 2023 06:37pm
Markets Attock Refinery resumes ‘normal operations’ as stock upliftment improves Attock Refinery Limited (ATRL), a subsidiary of Attock Oil Company Limited, said it has resumed “normal operations”... Updated 21 Dec, 2023 06:14pm
Markets Pakistan’s power generation cost jumps nearly 20% in November Increase in fuel cost witnessed mainly due to a decline in nuclear, wind and, solar-based generation, says one brokerage house Updated 20 Dec, 2023 05:00pm
Pakistan LUMS Energy Institute launches report on energy- efficient buildings LAHORE: In a milestone event, the LUMS Energy Institute (LEI), a research and capacity building centre with a focus... Published 18 Dec, 2023 06:42am
Markets LEI launches report on energy efficient buildings KARACHI: The LUMS Energy Institute (LEI), a research and capacity building centre with a focus on Pakistan energy... Published 16 Dec, 2023 05:49am
Markets Mari Petroleum successfully drills development well in Sindh Mari Petroleum Company Limited (MARI), one of the largest producers of natural gas in the country, has successfully... Updated 11 Dec, 2023 09:25pm
Markets Pakistan LNG awards tender to OQ Trading for Jan spot cargo delivery: report SINGAPORE: Pakistan LNG Limited (PLL) has awarded a tender to OQ Trading for a spot liquefied natural gas (LNG)... Published 27 Nov, 2023 03:06pm
Markets Pakistan LNG gets bids from OQ Trading, others for Jan import tender SINGAPORE: Pakistan LNG Ltd has received bids from OQ Trading, QatarEnergy Trading, Trafigura and Vitol for a cargo... Updated 24 Nov, 2023 10:40pm
