Energy
Indian refiners boost Russian oil amid supply strain
Indian refiners secured 60 million barrels of Russian crude for April as Middle East conflict disrupts supply chains and exposes deeper vulnerabilities in global energy and…
Energy
Energy
Optional Multi Tariff ToU Mechanism for Industrial Consumers
Under Special initiative by the Federal Minister for (Power Division Sardar Awais Ahmed Khan Leghari, the Division is considering introduction of a new optional tariff mechanism…
Energy
OGRA plans quota fuel system with subsidies
Government moves to launch app-based fuel quota system with subsidies for two- and three-wheelers amid supply concerns. The Oil and Gas Regulatory Authority on Tuesday reviewed…
Energy
Oil prices seen up Rs30 Per Litre
Pakistan oil prices are expected to rise by around Rs30 per litre in the next review, while the government weighs targeted relief measures and tighter monitoring…
Energy
Australia Feels Heat of Gulf War, Shuts Barossa LNG Plant
Santos shuts Barossa LNG and Darwin plant, tightening global gas supply amid Middle East disruptions and recent outages in Qatar and UAE exports. Australian oil and…
Energy
Nepra Approves Wheeling Auction Process
Pakistan’s power regulator NEPRA has approved the country’s first-ever wheeling auction process, clearing the way for competitive electricity trading under the new market regime and declaring…
Energy
OGDC Commences Oil Production from Pasakhi-13
The well is producing 460 barrels of oil per day, showcasing advanced horizontal drilling and boosting domestic energy output Oil and Gas Development Company Limited (OGDC)…
Energy
China Green Stocks surge on Middle East war
Chinese renewable and EV stocks rally as Middle East conflict disrupts oil and gas supply, boosting global demand expectations for clean energy. Shares of Chinese battery…
Energy
China refiners weigh Iran crude on US waiver
US sanctions relief may shift China’s oil buying patterns amid rising prices and supply concerns.China’s largest state-controlled refiners are assessing whether to resume purchases of Iranian…
Energy
Govt Freezes Oil Prices for a Week
Prime Minister Shehbaz Sharif rejected a major proposed increase in petroleum prices to ease inflation and reduce financial pressure on citizens. The proposal suggested raising petrol…