We deliver timely news, in-depth analysis, and data-driven insights on Pakistan’s economy, energy, finance, technology, and markets.
By Aftab Ahmed | December 5, 2025
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By Salman Khan | December 4, 2025
Oil industry has opposed the newly enforced deadlines from Ogra for nationwide digital monitoring of thousands of storage tanks and petrol pumps. Industry groups said the aggressive timeline and an estimated Rs55–60 billion cost cannot be met without a workable recovery mechanism. Both the Advisory Council and the Oil Marketing Association of the Oil Companies…
By Aftab Ahmed | December 4, 2025
Federal Minister for Power, Sardar Awais Ahmed Khan Leghari, proposed on Thursday that Pakistan and Central Asian countries work closely to develop a CASA Energy Market, modelled on the European Energy Grid, to enable all nations in the region to fully harness their renewable and conventional energy potential. Read More: The Minister presented this proposal…
By Aftab Ahmed | December 4, 2025
Oil and Gas Development Company Limited (OGDCL) has received Rs 82 billion due to settlement of invoices from different clients. OGDC settlement of invoices have significantly improved due to policy and administrative interventions by the Government.Task Force Okays Rs89bn OGDCL Payment Petroleum Division had taken measures for timely payments by Sui Company. Sources said that…
By Aftab Ahmed | December 4, 2025
Pakistan and Qatar have reached a deal to divert 24 LNG cargoes in 2026 due to low demand of gas in Pakistan following a formula of net proceeds differential (NPD). Under this formula, Pakistan will have to bear the loss if the Qatar sells LNG Cargoes in open market below the contract cost. Read More:…
By Aftab Ahmed | December 3, 2025
Talks between Petroleum Division and oil industry over installing Auto Tank Gauging (ATG) system at petrol pumps ended in deadlock on Wednesday. The government wants to install ATG at all petroleum pumps to monitor sale of petroleum products. The oil industry says that it is feasible in phased manner. Petroleum division says that it would…
By Aftab Ahmed | December 3, 2025
Due to the natural depletion of indigenous gas reservoirs on annual basis, SSGC has been experiencing gas shortages in its system. Since FY 2017–18 the gas supplies have been reduced by 55% (1192 MMSCFD in FY-2017-18 to current 660 MMSCFD) in SSGC’s allocated gas fields and subsequently 535 MMCFD of gas depletion has been observed…
By Salman Khan | December 3, 2025
Pakistan State Oil (PSO), the nation’s leading energy company, is successfully implementing Safety Starts Young, a nationwide road-safety education program designed to empower school-going children with essential knowledge for staying safe on the roads. The initiative has been widely appreciated by teachers, parents, and school administrations for its engaging, interactive approach. The company launched this…
By Salman Khan | December 2, 2025
Pakistan and Turkey on Tuesday finalised a series of gas and mining agreements expected to attract more than $300 million in investment, mainly for offshore exploration activities. Officials said the estimated investment reflects the financial commitment required to develop the newly awarded blocks. During his visit to Pakistan, Turkish Energy Minister Alparslan Bayraktar said Turkey…
By Salman Khan | December 2, 2025
Pakistan is looking forward to the participation of experienced and reputable international private-sector investors in the bidding for the privatization of its Power Distribution Companies (DISCOs). In this regard, the participation of Türkiye’s companies, with their vast experience, is considered very important. This was stated by Federal Minister for Power, Sardar Awais Ahmed Khan Leghari,…