Energy
Govt Raises Petrol, Diesel Prices by Rs55
The government on Friday made a massive increase in petrol and diesel prices by Rs55 per litre each amid tension in the gulf region effective from…
Energy
Energy
When Will Pakistan Resume LNG Imports from Qatar?
Pakistan may take weeks or even months to restore LNG supplies from Qatar after QatarEnergy declared force majeure on exports following disruptions at its Ras Laffan…
Energy
Pakistan, India and China Rush to Oil-Producing Countries
Pakistan approaches Saudi Arabia and UAE for fuel supplies as shortages emerge and global buyers shift to Russian crude. Pakistan is rushing to Middle Eastern countries…
Energy
Petroleum Ministry Seeks CPP Grid Shift Data
Government seeks power sector data to prepare IMF case on captive power levy. Minister for Petroleum and Natural Resources Ali Pervaiz Malik has approached Power Minister…
Energy
Senate Sub Body Reviews Legal Framework for Petroleum Boards
The sub body of senate panel has sought detailed briefing on PSO, PPL and PARCOThe Sub-Committee of the Senate Standing Committee on Petroleum met at Parliament…
Energy
Govt Warns Strict Action Against Oil Hoarding
Islamabad: The Government has assured the public that the country currently holds sufficient stocks of petroleum products to meet national demand and there is no need…
Energy
Oil Rises as Hormuz Disruption Tightens Supply
Brent climbs above $83 as US-Iran conflict disrupts Gulf oil flows and stalls shipping through the Strait of Hormuz. Oil prices climbed on Thursday as escalating…
Energy
IPP Tax Ruling Sparks Alarm in Power Sector
Independent Power Producers warn that a tribunal’s reinterpretation of tax exemptions on capacity payments could increase electricity tariffs and expose Pakistan’s power sector to new financial…
Energy
SBP Governor Warns Oil Prices May Hit $100 Per Barrel
The governor state bank on Wednesday warned that oil prices could reach $100 barrel per day due to the recent war in the Gulf region. The…
Energy
Trump orders DFC backing for Gulf shipping
US President Donald Trump says US will insure maritime trade and escort tankers through Strait of Hormuz to secure global energy flows. Former US President Donald…
