Energy
Pakistan Announces Offshore Bid Round 2025 Results
The government had announced the result of offshore bidding round 2025 to boost to boost offshore petroleum exploration in Pakistan. Among the bidders several companies had…
Energy
Energy
Hub Power Profit Falls 39% in 1QFY26
Earnings decline on base plant termination; Rs5 dividend declared as cash reserves hit record Rs51bn. Hub Power Company Limited (PSX: HUBC) reported earnings of Rs11.6 billion…
Energy
Petrol Prices May Go Up
ISLAMABAD: Petrol Prices in Pakistan are set to go up from October 16 in line with fluctuation in global market prices. Federal government is likely to…
Energy
OGDC Reports Strong Q1, Announces Rs3.50 Dividend
The Board of Directors of Oil & Gas Development Company Limited (OGDC), in its meeting held on Wednesday, October 29, 2025, in Islamabad, announced the financial…
Energy
PPL Profit Drops 15% in 1QFY26
Pakistan Petroleum Limited (PPL) reported a 15% year-on-year decline in profit for the first quarter of FY26, with earnings falling to Rs20.08 billion (EPS: Rs7.38), as…
Energy
Nepra Comes Under Fire over KE Tariff Revisions
The National Electric Power Regulatory Authority (Nepra) came under public scrutiny on Wednesday after questions were raised regarding its recent tariff adjustments for K-Electric (KE), which…
Energy
SSGC cracks down on gas theft, removes 950 illegal connections
Sui Southern Gas Company (SSGC) has intensified its anti-gas theft operations across Sindh and Balochistan, disconnecting around 950 illegal connections in Karachi and surrounding regions as…
Energy
Cnergyico Receives Pakistan’s First US Crude Oil Cargo
In a milestone for Pakistan’s energy sector, Cnergyico has received the country’s first shipment of crude oil from the United States, marking a new chapter in…
Energy
NEPRA Fines Three Power Firms Rs140 Million Over Inefficiency
The National Electric Power Regulatory Authority (NEPRA) has imposed heavy fines totaling Rs140 million on three state-owned electricity distribution companies. The penalties were announced following an…
Energy
PSO profit surges 136% in 1QFY26
Higher retail margins and lower finance costs offset inventory volatility Pakistan State Oil (PSO) reported earnings per share of Rs20 for the first quarter of FY26,…
