Energy
HUBC profit jumps 152% on PPA revision
Hub Power Company posted Rs10.6bn quarterly profit, up 152% year-on-year after PPA amendments, but earnings slipped 9% sequentially on a higher tax charge, with first-half profit…
Energy
Energy
Pakistan Oilfields profit falls 17% in 2QFY26
Pakistan Oilfields Ltd posted Rs6.3bn quarterly profit, down 17% year-on-year, as exploration spending surged, while half-year earnings rose 16% supported by higher volumes and lower tax…
Energy
OGDC Boosts Reko Diq Investment by $25M
Oil and Gas Development Company Limited (OGDC) has increased its financial commitment to the Reko Diq project by injecting an additional $25 million during the latest…
Energy
SSGC Removes 1160 Illegal Gas Connections
Sui Southern Gas Company has been pulling out all stops to bring down the menace of gas theft in its franchise provinces of Sindh and Baluchistan.…
Energy
OGDC Profit Falls 16% in 2QFY26
Oil and Gas Development Company (OGDC) has posted a 16% drop in second-quarter earnings as lower oil prices and higher exploration costs weighed on profitability, while…
Energy
Karachi Faces Gas Outages During Sehri and Iftar
Karachi residents experienced significant gas outages during Sehri and Iftar hours despite prior assurances from the Sui Southern Gas Company (SSGC) about uninterrupted supply throughout Ramadan.…
Energy
Jura Energy faces shareholder lawsuit risk
Jura Energy Corporation is facing an escalating corporate and legal crisis after a minority shareholder filed oppression proceedings before Ontario’s Commercial List against the company and…
Energy
OGDC Announces Discovery at Baragzai in Kohat, KP
Oil and Gas Development Company Limited (OGDC), Pakistan’s leading exploration and production company, on Friday announced a significant oil and gas discovery at its exploratory well…
Energy
Over 127,000 Consumers Save Rs12B Under Power Package
Over 127,000 consumers saved Rs12.12bn under subsidised surplus electricity package in December 2025 and January 2026. Pakistan’s Power Division has released the two-month performance results of…
Energy
OGDC Announces Discovery in Tando Allah Yar, Sindh
Oil and Gas Development Company Limited (OGDC), Pakistan’s leading exploration and production company, on Thursday announced a gas and condensate discovery at its Dars West-3 well…
