We deliver timely news, in-depth analysis, and data-driven insights on Pakistan’s economy, energy, finance, technology, and markets.
By Salman Khan | November 18, 2025
Vitol, together with Pakistan’s largest oil refiner Cnergyico, has delivered the country’s largest single shipment of very low sulfur fuel. The shipment will allow vessels refueling in Pakistan to sail longer east-to-west routes without requiring additional stops at other ports. This development also strengthens Pakistan’s local supply of environmentally compliant marine fuel, meeting global shipping…
By Aftab Ahmed | November 18, 2025
Federal Minister for Petroleum, Ali Pervaiz Malik, was called on by H.E. Ms. Ina Lepel, the German Ambassador to Pakistan, at the Ministry of Energy. Ms. Janine Rohwer ,Political and Economic Counsellor was also in presence. The discussions centered on unlocking the vast potential for bilateral cooperation in Pakistan’s mining, minerals, and energy sectors. The…
By Aftab Ahmed | November 18, 2025
The Economic Coordination Committee (ECC) has approved PPL’s request for Assignment of Participating Interests in the Eastern Offshore Block-C, marking a significant milestone in Pakistan’s offshore exploration efforts. Under the approved arrangement, the Participating Interests in the block will be held by Turkish Petroleum Overseas Company (TPOC) at 25%, Pakistan Petroleum Limited (PPL) at 35%,…
By Aftab Ahmed | November 18, 2025
Experts at the 2nd International Oil & Gas Conference say Pakistan may tap major oil and gas volumes by using modern AI-driven exploration methods. At a conference held in Islamabad, industry experts asserted that Pakistan can unlock billions of barrels of oil-equivalent resources by adopting advanced AI-supported exploration. Read More: Task Force Okays Rs89bn OGDCL…
By Aftab Ahmed | November 17, 2025
Engineer Ch. Khalid Mahmood, Chief Executive Officer of IESCO, has said that Federal Government and Ministry of Energy vision is to promote Digitalization and transparency in the power sector of Pakistan and recently launched Apna Meter Apni Reading mobile application is a series of these initiatives. Read More: How to Check and Pay IESCO Bill…
By Salman Khan | November 17, 2025
Electricity distribution companies in Pakistan reduced their financial losses during the first quarter of FY2025, indicating improved sector performance overall. Power Division data shows losses from July to September fell to Rs171 billion, compared with Rs249 billion during last year. Officials attribute the decline to stricter oversight, stronger enforcement, and focused anti-theft operations across various…
By Aftab Ahmed | November 15, 2025
Federal government on Saturday revised petroleum product prices effective 16 November, raising high-speed diesel by Rs 6 per litre while motor spirit (petrol) remains steady. The Finance Division of Pakistan announced late on 15 November that the new pump-prices for the fortnight starting 16 November 2025 will see the price of high-speed diesel (HSD) raised…
By Aftab Ahmed | November 14, 2025
The government authorised Pakistan State Oil (PSO) to close a deal with Qatar Energy by 15 November 2025 to divert 24–29 liquefied natural-gas (LNG) cargoes in 2026 under a net-proceeds-differential (NPD) mechanism. Islamabad has given the green light for PSO to finalise talks with Qatar Energy to divert between 24 and 29 LNG cargoes in…
By Salman Khan | November 14, 2025
Oil & Gas Development Company Limited (OGDC) has commenced production of 1,100 barrels of oil per day (BPD) from its new development well, Pasakhi-14, located in the Hyderabad district of Sindh. The well is part of the Pasakhi & Pasakhi North Development & Production Lease (D&PL), where OGDC holds a 100 percent working interest. Using…
By Salman Khan | November 14, 2025
Pakistan is reportedly experiencing a nationwide diesel shortage, raising concerns among citizens ahead of potential petroleum price increases from November 16. Sources indicate oil companies have halted diesel supply in Islamabad, causing scarcity in several regions and creating significant pressure on local dealers. The Petroleum Dealers Association confirmed private oil firms have not supplied diesel…