By NewzTodays Editorial Team | February 15, 2026

Court directs Petroleum Division and DGPC to conclude proceedings over alleged unauthorized change of control that may trigger revocation of petroleum rights. The Islamabad High Court has directed the Petroleum Division and the Directorate General of Petroleum Concessions to immediately proceed under law against Frontier Holdings Limited and Spud Energy Pty Ltd over an alleged…

By Aftab Ahmed | February 14, 2026

Projected fuel price revisions show increases of up to Rs7.05 per liter across key petroleum products effective February 16, 2026. Ex-Refinery Prices are set to increase from February 16, 2026. The projected revisions show higher rates across all major fuels. The adjustments apply to PMG, HSD, Kero, and LDO. The data reflects comparisons with prices…

By Aftab Ahmed | February 13, 2026

Adeeb Ahmad takes interim charge as K-Electric CEO amid boardroom tensions and investor concerns, replacing Syed Moonis Alvi as the utility begins search for a permanent head. The board of K-Electric has appointed Adeeb Ahmad as chief executive officer on an interim basis, following the departure of Syed Moonis Alvi, according to sources familiar with…

By Aftab Ahmed | February 13, 2026

Regulator issues show cause notices to Jura Energy, Frontier Holdings and Spud Energy after court clears proceedings under petroleum rules. The Directorate General of Petroleum Concessions (DGPC) has initiated regulatory proceedings against three exploration firms for alleged violations of petroleum rules, the National Assembly was told on Thursday. Parliamentary Secretary for Energy Mian Khan Bugti…

By Aftab Ahmed | February 13, 2026

Pakistan Petroleum Limited posts Rs20.3bn quarterly profit, hit by weaker output and oil prices, while announcing Rs2 per share dividend. Pakistan Petroleum Limited reported a 26% year-on-year decline in second-quarter profit as lower hydrocarbon production and weaker global oil prices weighed on earnings. The state-owned explorer posted net income of Rs20.3bn for 2QFY26, translating into…

By Aftab Ahmed | February 13, 2026

The Lahore Electric Supply Company (LESCO) has finalised special arrangements to provide uninterrupted electricity to residents during Sehri and Iftari hours throughout the holy month of Ramadan. Speaking at the Lahore Press Club, LESCO Chief Engineer Ramzan Butt confirmed that all necessary measures have been completed to ensure a consistent power supply for consumers during…

By Aftab Ahmed | February 12, 2026

Prime Minister Shehbaz Sharif has launched the “Roshan Pankha, Roshan Pakistan” programme to replace 10 million old and inefficient fans with energy-saving models across the country to reduce electricity consumption. The government says the initiative could help consumers save up to Rs 12,000 per fan in electricity costs, offering relief to households struggling with rising…

By Aftab Ahmed | February 11, 2026

National Electric Power Regulatory Authority has notified to impose fixed charge of up to Rs 350/month on domestic consumers-including protected one- using up to 300 units. These charges have been increased 100% in the existing charges for those using 301 to 600 units. The total fixed charges have been levied from Rs200/kW/ month to Rs.675/kW/month….

By Aftab Ahmed | February 11, 2026

The govt has projected to collect an additional Rs132 billion annually from the power consumers on account of fixed charges on various domestic category of consumers however, the net impact on the cross subsidy will be Rs101 billion as the govt has reduced the tariff by up to 1.53 per unit for CY2026. On Tuesday,…

By Aftab Ahmed | February 9, 2026

National Electric Power Regulatory Authority (NEPRA) has ended the exchange of electricity units under solar net metering, replacing it with net billing, a major shift for renewable energy consumers. The new Prosumer Regulations, 2026, limit buyback rates, reducing the existing Rs 25.9 per unit for exported solar electricity potentially to Rs 11 per unit under…