Energy
Govt Warns Strict Action Against Oil Hoarding
Islamabad: The Government has assured the public that the country currently holds sufficient stocks of petroleum products to meet national demand and there is no need…
Energy
Energy
Oil Rises as Hormuz Disruption Tightens Supply
Brent climbs above $83 as US-Iran conflict disrupts Gulf oil flows and stalls shipping through the Strait of Hormuz. Oil prices climbed on Thursday as escalating…
Energy
IPP Tax Ruling Sparks Alarm in Power Sector
Independent Power Producers warn that a tribunal’s reinterpretation of tax exemptions on capacity payments could increase electricity tariffs and expose Pakistan’s power sector to new financial…
Energy
SBP Governor Warns Oil Prices May Hit $100 Per Barrel
The governor state bank on Wednesday warned that oil prices could reach $100 barrel per day due to the recent war in the Gulf region. The…
Energy
Trump orders DFC backing for Gulf shipping
US President Donald Trump says US will insure maritime trade and escort tankers through Strait of Hormuz to secure global energy flows. Former US President Donald…
Energy
Pakistan Requests Alternative Supply Route via Yanbu
Federal Minister for Petroleum, Ali Pervaiz Malik, held a meeting with H.E. Nawaf bin Said Al-Malki, Ambassador of the Kingdom of Saudi Arabia to Pakistan. During…
Energy
PARCO secures 140,000 barrels via new routes
Pak Arab Refinery Limited (PARCO) has arranged 140,000 barrels of crude oil through alternative supply routes following closure of Strait Hormuz to maintain refinery operations amid…
Energy
Oil prices jump as Iran conflict disrupts flows
Brent tops $82 as Middle East exports stall and Iraq curbs output amid Iran strikes and tanker attacks in the Strait of Hormuz. Oil prices climbed…
Energy
Pakistan to Import Oil via Red Sea, Review Prices Weekly
Amid tension in Gulf region, government has planned to import oil through red sea from Saudi Arabia and United Arab Emirates (UAE) due to closure of…
Energy
Experts Urge Bankable Policy to attract Chinese solar Manufacturers
Experts have urged the government to introduce a bankable policy to attract Chinese solar manufacturers. The Pakistan-China Institute convened a regional conference titled “ASEAN-to-Pakistan Pathways: Attracting…
