Markets OGDCL successfully completes Khewari Project Oil & Gas Development Company Limited (OGDCL), one of Pakistan’s leading exploration and production state-owned... Published 22 Nov, 2023 03:15pm
Markets Pakistan Refinery inks license agreements with Honeywell UOP, Axens Says partnership marks significant milestone in journey towards refinery modernization Published 21 Nov, 2023 01:42pm
Markets Pakistan’s power generation cost declines over 8% in October At a time of rising electricity bills, the cost of power generation in Pakistan saw a decline of over 8% in October... Updated 21 Nov, 2023 09:46pm
Markets Pakistan seeks LNG cargo for January The tender will close on November 24, while the delivery window is January 8-9 Updated 20 Nov, 2023 10:21pm
Markets PPL discovers hydrocarbon reserves in Sindh Pakistan Petroleum Limited (PPL), a key supplier of natural gas in the country, has discovered hydrocarbon reserves... Published 20 Nov, 2023 11:19am
Markets Asian Development Bank approves $250mn for power transmission network ADB says Power Transmission Strengthening Project will help reinforce stability of national grid Updated 17 Nov, 2023 08:49pm
Markets MARI commences gas production from appraisal well in Sindh Mari Petroleum Company Limited (MARI), one of the country’s largest, one of Pakistan’s largest energy and... Published 13 Nov, 2023 03:15pm
Pakistan Govt focusing on alternative energy resources: caretaker info minister Caretaker Minister for Information and Broadcasting Murtaza Solangi has said that the government is focusing on... Updated 12 Nov, 2023 10:42pm
Technology Mobile operators in Pakistan may levy ‘SIM Disowning Charge’ from January 1 Cellular mobile operators in Pakistan may levy a disowning charge on SIMs having less than a six-month retention... Updated 10 Nov, 2023 10:50pm
Business & Finance Hascol’s losses mount to Rs13.1bn in 9MCY23 Despite higher net sales and gross profit, Hascol Petroleum Limited sustained a massive loss after tax (LAT) to the... Published 10 Nov, 2023 04:20pm
Markets POL sales plunge 24% YoY amid high prices, economic distress Sale of total petroleum products clocked in at 1.26 million tons in October Updated 02 Nov, 2023 05:11pm
Markets New gas tariff to be effective from November 1: clarifies PD The Petroleum Division (PD) on Wednesday rejected media reports that suggested the higher gas tariff was with effect... Updated 01 Nov, 2023 10:58pm
Opinion Net zero and Pakistan’s energy system: no more business as usual Net Zero is an international agreement for climate action that aims to achieve a balanced state of greenhouse gases... Updated 30 Oct, 2023 06:07am
Print From Libor to SOFR: DFIs anxiously waiting for transition 10 Development Finance Institutions wait for transition from USD London Interbank Offer Rate to Secured Over Night Financing Rate in Pakistani energy sector Updated 23 Oct, 2023 10:11am
Markets PSO’s profit up nearly 1074% in 1QFY24 amid higher sales Pakistan State Oil Company Limited’s (PSO) profit-after-tax (PAT) witnessed an exponential increase of nearly 1074%,... Updated 20 Oct, 2023 10:05pm
Markets Pakistan’s cost of power generation declines over 25% in September Amid rising electricity bills, the cost of power generation in Pakistan registered a significant decline of over 25%... Updated 20 Oct, 2023 09:59pm
Markets Pakistan seeks deal to import up to 1mn tons of Russian oil per year: TASS MOSCOW: Mohammad Ali, Pakistan’s caretaker energy minister, said on Thursday that Islamabad was considering signing... Updated 12 Oct, 2023 10:43pm
Opinion Caretakers and a trembling economy Elections are the backbone of a strong democratic process. Free and fair elections and a smooth transfer of power... Published 03 Sep, 2023 02:59am
Markets OGDCL registers remarkable achievement at Siab-1 in Kohat ISLAMABAD: The Oil & Gas Development Company Limited (OGDCL) on Wednesday announced a remarkable achievement in... Published 31 Aug, 2023 06:00am
Markets OGDCL’s KP well sees major boost in production Oil & Gas Development Company Limited (OGDCL), the country’s largest hydrocarbon exploration firm, has achieved... Updated 30 Aug, 2023 07:43pm