By NewzTodays Editorial Team | January 20, 2026

UK has indicated a support of up to $0.4 million to enhance capacity building of the Geological Survey of Pakistan (GSP). Federal Minister for Petroleum, Ali Pervaiz Malik, held a meeting with the British High Commissioner to Pakistan,  Jane Marriott, to discuss enhanced bilateral cooperation in the oil and gas as well as minerals sectors….

By Aftab Ahmed | January 20, 2026

Oil and Gas Development Company Limited (OGDC), the operator of the Nashpa Exploration License, on Tuesday announced another major oil and gas discovery at its exploratory well Baragzai X-01 (Slant), located in Kohat district of Khyber Pakhtunkhwa. The discovery has been made over the Samana Suk and Shinawari formations. The well tested positive during Cased…

By Aftab Ahmed | January 19, 2026

As part of a comprehensive reforms agenda, the Government has launched a nationwide digitalization drive targeting petrol pumps and the broader petroleum supply chain to curb smuggling, prevent illegal sales, and safeguard the interests of authorized dealers. The core objective of these reforms is to integrate the entire petroleum value chain, from imports and refineries…

By Aftab Ahmed | January 16, 2026

The Oil and Gas Regulatory Authority has slashed prices of re-gasified liquefied natural gas prices up to 5.3 percent effective January 1, 2026. The revised tariffs apply to the consumers of both transmission and distribution segments of the two state-owned gas utilities. The Ogra took a decision in line with federal government policy guidelines. According…

By Aftab Ahmed | January 15, 2026

Energy sector reforms are showing measurable results, with electricity distribution losses and circular debt reduced during the last fiscal year, according to official government documents. Electricity distribution companies, or DISCOs, recorded losses of Rs397 billion, which is Rs242 billion lower than the Rs649 billion ceiling set by the International Monetary Fund. Officials attribute the reduction…

By Aftab Ahmed | January 15, 2026

Oil Companies Advisory Council (OCAC) has expressed serious concerns over the regulator’s failure to implement the government’s decision to raise margins of oil companies and called for full recovery of investment on digitization. In a letter to the Chairman OGRA, OCAC stated that it wishes to place on record the industry’s serious concern regarding the…

By Aftab Ahmed | January 15, 2026

Chairman Pakistan Economic Policy and Business Development (EPBD) Think Tank and former caretaker Federal Minister for Commerce, Industry and Production Gohar Ejaz has termed the growing cross-subsidy burden on industrial consumers a “death warrant” for Pakistan’s industry, cautioning that persistently high energy prices are eroding competitiveness, forcing consumers off the grid and undermining exports. In…

By Aftab Ahmed | January 15, 2026

Federal Minister for Petroleum Ali Pervaiz Malik chaired a meeting today with senior officials of Sui Northern Gas Pipelines Limited (SNGPL), Sui Southern Gas Company (SSGC), and the Oil and Gas Regulatory Authority (OGRA) to review the gas supply situation amid increased demand due to severe cold weather. Taking serious notice of the gas supply…

By Aftab Ahmed | January 14, 2026

The industrial cross-subsidy burden has been reduced from Rs. 225 billion (Rs. 8.9 /unit) in March 2024, when the current Government took charge, to currently at Rs 102 billion (Rs. 4.02 per /unit), which represents substantial reduction of Rs. 123 billion. Industrial tariff (including tax) declined from Rs. 62.99 (Mar-2024) to Rs. 46.31 (Dec-2025), while…