The Oil and Gas Development Company (OGDC) has said that curtailment of gas due to surplus LNG has resulted in an accumulated loss of Rs 43 billion during the financial year 2025. In a corporate briefing, OGDCL management noted that gas curtailment from SNGPL driven by excess RLNG has resulted in an estimated revenue loss…
ISLAMABAD: Pakistan’s largest oil refinery Cnergyico has finalized a deal for a second crude oil cargo. Vice Chairman Usama Qureshi told NewzTodadays that a deal was finalized on Wednesday to import a second US crude oil. He further said that Vitol will deliver a US crude oil cargo carrying 1 million barrels of West Texas…
Sui Southern Gas Company Limited (SSGC) has disconnected 2050 illegal gas connections in Karachi. Moreover, the company has filed an FIR against 6 culprits. In an intensive anti-gas theft joint crackdown in Karachi’s Shah Latif Town, Malir, SSGC’s CGTO, along with Distribution East, Customer Relations Department (CRD,) and SSGC Police have disconnected 2,050 illegal gas…
Prime Minister is likely to witness a signing ceremony of a Rs 1.25 trillion financing deal with a consortium of 18 banks to end circular debt on Wednesday. Prime Minister Shehbaz Sharif is currently visiting New York, but he will be witnessing the signing ceremony virtually. The power division has been beating a drum to…
Muttahida Qaumi Movement (MQM) Pakistan has taken legal action against the National Electric Power Regulatory Authority (NEPRA) for approving a tariff mechanism that allows K-Electric to recover theft-related losses and unpaid bills from consumers. In its petition to the Sindh High Court, MQM argued that NEPRA’s July 18 order unfairly shifts Rs74 billion worth of…
The consumers have not received new gas connections despite paying around Rs 1.5 billion to Sui Northern Gas Pipeline Limited (SNGPL). At present, there are 3.2 million applications pending with SNGPL. Out of it, around 240,000 applicants had paid the fee, while 4000 had paid an urgent fee of Rs 25000. But due to the…
The power sector circular debt has jumped by Rs 47 billion during July 2025, primarily driven by power distribution companies (DISCOs) underperformance. The poor performance of Discos led to a loss of Rs 87 billion on account of low recovery and losses against Rs 42 billion during the same period last year. Power sector circular…
Sobia Sultan If you live in Karachi and missed your monthly electricity bill. Now you scrambling for a quick solution. Instead of waiting for a physical copy, the best way is to generate a KE duplicate bill online. With just a few clicks, you can instantly check, download, and even pay your K-Electric bill while…
Vienna / Islamabad: Pakistan is working on Atoms4Food to utilize nuclear technology to improve food security and expand access to nuclear medicine for cancer care. Chairman Pakistan Atomic Energy Commission and Director General (DG) International Atomic Energy Agency (IAEA) have discussed cooperation in Atoms4Food to apply nuclear technology to improve crop yields and medicines. The…
Lahore: Federal Minister for Energy & Petroleum Ali Pervez Malik, along with Secretary Petroleum, MD Sui Northern Gas Mr. Amer Tufail, and DMD Operations Mr. Saqib Arbab, visited the Jalalpur Pirwala Motorway breach point on Saturday. On this occasion, directions were issued to urgently complete the emergency bypass line in order to ensure an uninterrupted…