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
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,…
Energy
PPL approves 25% final dividend
Pakistan Petroleum Limited’s shareholders approved a 25% final cash dividend, bringing the total payout to 75% for FY2024–25, during the company’s 74th Annual General Meeting held…
Energy
NEPRA Tariff Review Ensures Fair Charges for Karachi Consumers
The National Electric Power Regulatory Authority (NEPRA), in its recent review, has issued a determination regarding K-Electric’s multi-year tariff. Certain elements are unfortunately presenting this decision…
Energy
Pakistan Receives $1B Oil Facility and $5B Deposits
Pakistan has secured significant financial relief from Saudi Arabia, which has agreed to provide six billion dollars in economic assistance during the current fiscal year. According…
