OGDC awarded eight offshore exploration blocks

    By Aftab Ahmed | November 13, 2025

    Oil & Gas Development Company Limited (OGDC) has secured provisional rights to eight offshore blocks across the Indus and Makran basins as part of Pakistan’s October 2025 bid round. OGDC has been granted provisional exploration rights for eight offshore hydrocarbon blocks under the Directorate General of Petroleum Concessions’ October 2025 bid round, the company disclosed…

    PPL secures award of eight new blocks, two as operator

    By Aftab Ahmed | November 13, 2025

    Pakistan Petroleum Limited (PPL) proudly announces that the company participated in competitive bidding for the award of blocks for hydrocarbon exploration which was held by the Government of Pakistan on October 31, 2025. PPL participated in eight offshore blocks and secured 100 percent success, with two as operators and six as Joint Venture (JV) partners….

    Qatar LNG diversion to boost local oil and gas output

    By Aftab Ahmed | November 13, 2025

    Pakistan’s plan to defer Qatar LNG cargoes is expected to lift local oil and gas production by up to 10%, easing curtailments and boosting earnings for exploration firms. Pakistan’s decision to divert or defer LNG cargoes from Qatar is expected to provide a major boost to domestic oil and gas exploration companies, easing curtailments that…

    Diesel Price to Rise Rs9.60 from Nov 16

    By Aftab Ahmed | November 13, 2025

    Petrol prices are expected to decline slightly while diesel, kerosene, and light diesel oil are projected to record sharp increases in the next fortnightly price revision effective November 16, 2025. According to projections, the ex-depot price of petrol (PMG) may fall by Rs1.96 per litre to Rs263.49, marking a 0.7% decrease, while high-speed diesel (HSD)…

    Task Force Okays Rs89bn OGDCL Payment

    By Aftab Ahmed | November 13, 2025

    The Task Force on Power has recommended to pay principle amount of Rs 89 billion to Oil and Gas Development Company Limited (OGDCL) by Uch power plants. CCPA has confirmed that CPPA has confirmed that as of end October 2025, 10 monthly installments have been paid. Read More: OGDCL Receives Rs7.7B Dues The Ministry of…

    ECC Approves To Put Rs22B Burden on Gas Consumers

    By Aftab Ahmed | November 13, 2025

    The government has decided to pass on Rs 22 billion burden on the consumers on account of RLNG supply to Power Plants. Power division had sought the approval of economic coordination committee (ECC) to issue a policy guideline under Section 21 of the OGRA Ordinance, 2002, enabling the OGRA to incorporate the Cabinet-approved adjustment of…

    Govt To Identify Sites for New Deep Sea Ports

    By Aftab Ahmed | November 13, 2025

    Maritime minister Junaid Anwar Chaudhry has formed committee to identify sites for new deep-sea ports Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has constituted a high-level, multi-agency committee to identify potential sites for the establishment of new deep-sea ports along Pakistan’s extensive coastline, a move aimed at preparing the country for the next…

    Silver Prices Increased By Rs 228 per Tola

    By Aftab Ahmed | November 13, 2025

    Silver prices in Pakistan made massive increase of Rs 228 per tola in line with hike in global market, The local rate for 24-karat silver was up Rs228 to Rs5,662 per tola. The 10 grams of silver prices were stood at Rs4,854, registering an increase of Rs196. International silver prices edged higher to $54 per…

    Gold Price Jumps Rs8,300 per Tola

    By Aftab Ahmed | November 13, 2025

    Pakistan’s gold prices surged sharply on Thursday, in line with hike in global market. Gold prices in Pakistan climbed to Rs443,062 per tola for 24-karat gold, up Rs8,300, according to the All Pakistan Sarafa Gems and Jewellers Association. The 10-gram 24-karat rate rose by Rs7,116 to Rs379,854, while 22-karat gold reached Rs348,212 per 10 grams,…

    PCB Confirms Revised Tri-Nation Series Schedule

    By Aftab Ahmed | November 13, 2025

    The Pakistan Cricket Board (PCB) has confirmed the revised schedule for the upcoming tri-nation T20I series featuring hosts Pakistan, Sri Lanka, and Zimbabwe. The tournament will begin on 18 November, with all matches to be played at the Rawalpindi Cricket Stadium. According to the PCB, the opening match will feature Pakistan taking on Zimbabwe. Each…