OMAP Protests Sindh Cess Deduction Without Price Adjustment

    By Aftab Ahmed | October 18, 2025

    Oil marketing firms warn 1.85% cess will disrupt fuel supply if not integrated into official pricing. “We express our sincere appreciation for the Ministry of Energy (Petroleum Division)’s continued efforts toward maintaining stability and regulatory balance within the petroleum sector,” Tariq Wazir Ali Chairman OMAP said adding that however, through this letter, we wish to…

    E&P Sector Earnings to Drop 8% in 1QFY26

    By Aftab Ahmed | October 17, 2025

    Topline report attributes decline to weaker hydrocarbon output, lower crude prices, and higher taxes. Topline has expected that oil and gas exploration companies are expected to face 8% YoY decline in earnings in 1QFY26, primarily due to a decline in hydrocarbon production and oil prices. Oil production during the quarter averaged 62.2k bpd, down 5%…

    Government Raises White Oil Pipeline Share to 60% for Petrol Transport

    By Aftab Ahmed | October 17, 2025

    Petroleum Division asked Oil and Gas Regulatory Authority (OGRA) to issue directives for enhancing upcountry fuel supply via pipeline from October 1, 2025. It is aimed at improving efficiency and reduce road congestion. Earlier, tankers mafia have been controlling supply of petrol and after enhancing share of petrol supply through pipeline will help shifting oil…

    OMAP Slams OGRA for Harassment and Overreach in Deregulated Sector

    By Aftab Ahmed | October 16, 2025

    Islamabad: The Oil Marketing Association of Pakistan (OMAP) has accused the Oil and Gas Regulatory Authority (OGRA) of harassing the petroleum industry by intruding into deregulated sectors while failing to perform effectively in its actual regulatory areas. In a strong statement, OMAP criticized OGRA’s “unwarranted interference” in the solvent trade — a deregulated segment —…

    Chishty is Not KE Shareholder and Can’t Sell Shares: Aljomaih Power

    By Aftab Ahmed | October 16, 2025

    Aljomaih Power Ltd, shareholder of K-Electric has said that Chishty does not have shares in KE and therefore, can not sell it. In a communication sent to K-Electric, Shan A. Ashary Director has termed the signing of deal between Chishty and Saudi Investors as tactic to gain popularity and just a photo session. Read More:…

    Petrol Prices Declined By Rs 5.66 Per Litre

    By NewzTodays Editorial Team | October 16, 2025

    Petrol prices in Pakistan have witnessed a decline of Rs 5.66 per litre effective from October 16,2025. Calculate Diesel and Petrol Prices The government has reduced the price of high speed diesel by Rs 1.39 per litre, kerosene oil Rs 3.26 per litre and light diesel oil Rs 2.74 per litre. The petrol prices in…

    SSGC Disconnects 600 illegal Connections

    By NewzTodays Editorial Team | October 15, 2025

    The Sui Southern Gas Company Ltd., has been fighting the menace known as gas theft in its franchise areas of Sindh and Balochistan. The Security Services and Counter Gas Theft Operations (SS&CGTO), along with the Customer Relationship Department (CRD) and Recovery Department, has been carrying out surveys, and raiding theft infested colonies, to curb the…

    OGRA Raises RLNG Prices Up to 2% for October 2025

    By NewzTodays Editorial Team | October 15, 2025

    The Oil and Gas Regulatory Authority (OGRA) has raised the prices of Regasified Liquefied Natural Gas (RLNG) for consumers of both Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL), effective from October 1, 2025. The regulator has increased the prices of RLNG in line with a marginal rise in global…

    Mari Energies Acquires 20% Stake in Offshore Indus-C Block

    By Aftab Ahmed | October 15, 2025

    Mari Energies partners with Turkish Petroleum Overseas Company to explore Pakistan’s underdeveloped offshore reserves in a move seen as a breakthrough for bilateral energy cooperation. In a notice to Pakistan Stock Exchange, Mari Energies has informed that it has entered into a farm-out agreement to acquire a 20% working interest in Eastern Offshore Indus-C Block…

    Farmers Get 7-Day Relief on Electricity Bill Payments

    By Salman Khan | October 14, 2025

    The Faisalabad Electric Supply Company has introduced a relief initiative for agricultural consumers to help reduce their financial difficulties during the current peak farming season. According to company officials, nearly fifty three thousand agricultural consumers can now extend the due date of their electricity bills by seven days. This extension will give farmers extra time…