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
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…
Energy
Hormuz crisis disrupts India LPG market
India’s LPG market faces acute disruption after Hormuz tensions choked supplies, driving price volatility and forcing emergency sourcing measures across the energy chain. India’s liquefied petroleum…
Energy
Oil Prices Fall as Israel Signals Restraint
Crude retreated after Israel said the Iran war may end sooner and signaled no further strikes on Iran’s South Pars gas field, easing fears of deeper…
Energy
Pakistan Saves Over $27 Million in CASA-1000 Negotiations
Islamabad— Pakistan has secured a major financial success in the CASA-1000 project, saving over USD 27 million after successfully negotiating down contractor claims. The EPC Contractor,…
Energy
Govt May absorb oil price shock, Rs49 rise seen
Government plans to cushion up to Rs49 per litre increase in fuel prices through subsidies and price differential claims amid sharp global oil rally. The Pakistan…