India Halts Russian Oil Imports Amid US Pressure

    By Salman Khan | November 13, 2025

    India has suspended almost all crude oil imports from Russia after facing intensified United States pressure and growing concerns over Western sanctions. According to Bloomberg, India has not placed December orders for Russian crude, breaking its usual monthly practice of confirming purchases. The decision marks a significant policy shift as energy trade with Russia once…

    PPL secures award of eight new blocks, two as operator

    By Aftab Ahmed | November 13, 2025

    Pakistan Petroleum Limited (PPL) proudly announces that the company participated in competitive bidding for the award of blocks for hydrocarbon exploration which was held by the Government of Pakistan on October 31, 2025. PPL participated in eight offshore blocks and secured 100 percent success, with two as operators and six as Joint Venture (JV) partners….

    Qatar LNG diversion to boost local oil and gas output

    By Aftab Ahmed | November 13, 2025

    Pakistan’s plan to defer Qatar LNG cargoes is expected to lift local oil and gas production by up to 10%, easing curtailments and boosting earnings for exploration firms. Pakistan’s decision to divert or defer LNG cargoes from Qatar is expected to provide a major boost to domestic oil and gas exploration companies, easing curtailments that…

    Diesel Price to Rise Rs9.60 from Nov 16

    By Aftab Ahmed | November 13, 2025

    Petrol prices are expected to decline slightly while diesel, kerosene, and light diesel oil are projected to record sharp increases in the next fortnightly price revision effective November 16, 2025. According to projections, the ex-depot price of petrol (PMG) may fall by Rs1.96 per litre to Rs263.49, marking a 0.7% decrease, while high-speed diesel (HSD)…

    Task Force Okays Rs89bn OGDCL Payment

    By Aftab Ahmed | November 13, 2025

    The Task Force on Power has recommended to pay principle amount of Rs 89 billion to Oil and Gas Development Company Limited (OGDCL) by Uch power plants. CCPA has confirmed that CPPA has confirmed that as of end October 2025, 10 monthly installments have been paid. Read More: OGDCL Receives Rs7.7B Dues The Ministry of…

    ECC Approves To Put Rs22B Burden on Gas Consumers

    By Aftab Ahmed | November 13, 2025

    The government has decided to pass on Rs 22 billion burden on the consumers on account of RLNG supply to Power Plants. Power division had sought the approval of economic coordination committee (ECC) to issue a policy guideline under Section 21 of the OGRA Ordinance, 2002, enabling the OGRA to incorporate the Cabinet-approved adjustment of…

    Cnergyico’s SPM Welcomes Second US Crude Cargo

    By Aftab Ahmed | November 12, 2025

    The arrival of the second US crude oil cargo at Cnergyico’s Single Point Mooring (SPM) marks another milestone in Pakistan’s energy and industrial journey. Commissioned in 2012 with an investment of USD 120 million, the SPM was an ambitious project that faced skepticism from many industry observers, particularly within the public sector. Yet, through determination…

    Consumers Face Rs1.7tr Capacity Burden Amid New Package

    By Aftab Ahmed | November 11, 2025

    Consumers are set to pay Rs1.7 trillion in idle capacity payments as NEPRA and industries question the government’s complex new Incremental Power Package. Despite a revised agreement with Independent Power Producers (IPPs), Pakistani consumers are expected to bear Rs 1.7 trillion in capacity payments in 2026 to plants that have not produced a single unit…

    PPL Enhances Production Enhancement at Gambat South

    By Aftab Ahmed | November 11, 2025

    Pakistan Petroleum Limited (PPL) is pleased to announce enhancement in gas processing capacity at the Gas Processing Facility (GPF-II), located in Gambat South Block, District Sanghar, Sindh. The Company is the operator of the Gambat South Block with 65 percent working interest, along with joint venture partners Government Holdings (Private) Limited and Asia Resources Oil…

    NEPRA grants Rs0.48 per Unit Relief for Electricity Consumers

    By Aftab Ahmed | November 8, 2025

    The National Electric Power Regulatory Authority (NEPRA) has notified a fuel cost adjustment (FCA) relief of Rs0.4812 per kilowatt-hour for electricity consumed in September 2025, providing a moderate reduction in power bills to be reflected in November billing cycles. The decision follows the monthly petition submitted by the Central Power Purchasing Agency–Guarantee (CPPA-G). Read More:…