Pakistan’s refinery production increased 12.6% month-on-month in September 2025 to 822,000 tons. This is driven by higher diesel output, though year-on-year production declined 4.1%, according to data compiled by Arif Habib Limited. The latest “Refinery Upliftment” report showed that High-Speed Diesel (HSD) was the key growth driver. It surged 33.1% from August to 477,000 tons.Refineries…
Islamabad — The National Energy Efficiency and Conservation Authority (NEECA) convened the latest edition of its Conservation Conversations series on “Smarter Buildings, Smarter Energy” at the National Incubation Center, Islamabad. The dialogue brought together policymakers, architects, engineers, urban planners, and private-sector innovators to discuss how Pakistan can make its buildings more energy-efficient through smarter cooling,…
Global oil prices stabilized Friday after Israel and Hamas had agreed to a U.S.-brokered ceasefire which has been seen as the first step toward ending the Gaza war. Oil prices witnessed a little changed in early Asian trade on Friday after losing over 1% in the previous session. The market’s war risk premium faded following…
The National Electric Power Regulatory Authority (NEPRA), has imposed Rs25 million fine on K-Electric Limited (KE) over nationwide power breakdown of January 23, 2023. KE is alleged for a failure to perform system restoration duties and comply with grid operation standards following the nationwide power breakdown of January 23, 2023. In an order issued on…
Saudi Investor Prince Mansour Bin Mohammed Al Saud has Signed a landmark deal to acquire majority Stake in K-Electric after Chinese firm had annulled its plan. Earlier, Shanghai Electric Power has scrapped its long-delayed plan to acquire K-Electric. The Chinese power had termed Pakistan’s regulatory bottlenecks and shifting business environment as key hurdles in the…
Mangla Dam, the biggest reservoir in terms of water storage in Pakistan, today filled to its maximum conservation level of 1242 feet above mean sea level. As much as 7.277 MAF of useable water is available in the reservoir. With this development, all three reservoirs i.e. Tarbela, Mangla and Chashma are filled to their maximum…
MD Sui Northern Amer Tufail on Wednesday said that Sui Northern Gas Pipeline Limited (SNGPL) has targeted 0.3 million gas connections this year. He said that the Prime Minister Shehbaz Sharif has removed a ban on domestic gas connections. This year’s target is 300,000 gas connections and the company will provide 600,000 domestic gas connections next…
As per statement given by spokesperson IESCO The Chief Commissioner FBR Large Tax Payer Mr. Zafar Iqbal along with senior officers visited IESCO Head Office on October 07,2025. He meets with IESCO Chief Executive Officer Engineer Ch. Khalid Mahmood and IESCO Finance Directorate Head. Mr. Zafar Iqbal said that IESCO role is very vital regarding…
The Lahore Electric Supply Company (LESCO) has introduced a new policy to resolve the shortage of single-phase meters, which disrupted connections and operations in recent weeks. Under this arrangement, consumers can now purchase single-phase AMI smart meters directly from LESCO-approved manufacturers through a proper No Objection Certificate system. LESCO will issue NOCs to eligible consumers,…
HUB Power has outlined plans to build a Single Point Mooring (SPM) on the Hub coast to import POL products for Pakistan State Oil (PSO). It also plans to set up aluminium production in Karachi to expand its business. In a meeting, CEO Kamran Kamal and CFO Muhammad Saqib said that the leadership has outlined…