PD Directs Ogra To ensure Availability of adequate stocks The government on Friday assured the nation that Pakistan holds ample crude and petroleum product stocks and…
The oil marketing companies (OMCs) have registered a sale of petrol and diesel over 1 million tonnes during the month of February 2026. The sale of…
Company posts strong earnings growth amid fuel retail expansion and market recovery Wafi Energy Pakistan Limited has reported a profit of Rs3.54 billion for 2025, reflecting…
Oil prices edged lower on Friday, poised for a weekly drop as renewed diplomatic talks between the United States and Iran eased fears of potential hostilities…
The National Electric Power Regulatory Authority (NEPRA) said under-utilisation of power plants and excess capacity pushed up per-unit electricity costs in the fiscal year 2024–25. NEPRA’s…
The Petroleum Division, Government of Pakistan today signed Petroleum Concession Agreements (PCAs) and Exploration Licences (ELs) awarding 11 onshore blocks marking a significant step forward in…
Oil and Gas Development Company Limited (OGDC), Pakistan’s largest exploration and production company, on Thursday signed Petroleum Concession Agreements (PCAs) for five new exploration blocks awarded…
Pakistan’s oil and gas production declined last week, with oil down 3% and gas 4.4%, as major fields including Nashpa and Qadirpur reported sharp drops, according…
Cnergyico Pk Ltd. has entered into a significant 20-year agreement with Asia Petroleum Ltd. to utilize a 14-inch pipeline network for transporting high-speed diesel. This deal,…
Net sales for the sector remained flat on a YoY basis and grew by 3% QoQ to Rs217bn in 2QFY26. This QoQ growth is primarily attributable…