OGDCL discovers gas and condensate from exploratory well Faakir-1 in Sindh
Test results indicate a production of 6.4 million standard cubic feet of gas per day and 55 barrels per day of condensateÂ
Solar panel prices surge ahead of 18% sales tax takes effect
Traders blame importers for price hike, PSA voices strong opposition to proposed tax, urges government to reconsider its decisionÂ
Pakistan to increase refining capacity by 15% by 2027Â
Govt sets targets for crude oil and natural gas production at 24.24 million barrels and 1.24 trillion cubic feet, respectively, for FY26
OGRA slaps over Rs400 million penalty on 20 OMCs for stock shortfalls, local uplift failures
OGRA fines 20 oil firms over Rs400 million for failing stock cover and refinery uplift mandates, warns of stricter action for non-compliance
Govt slaps Rs. 2.5/Litre carbon levy on petrol, diesel, and furnace oil in budget 2025–26
Government introduces Pakistan’s first carbon pricing mechanism to curb emissions, fund climate projects, and realign energy policy with global environmental goals.
Rs104 billion proposed for Power Division, Rs 719 million for petroleum division in PSDP 2025-26
Transmission upgrades, Jamshoro plant, and satellite-based exploration dominate energy allocations
Pakistan’s nuclear power plants contribute 3,530 MW to electricity generation amid declining consumption
Energy mix diversifies with rise in clean energy sources, while electricity consumption drops due to high tariffs and energy conservation
Power demand shrinks 3.6% in FY25 due to tariff hike, weak industry
Electricity consumption in Pakistan declined by 3.6 percent during the first nine months of the ongoing fiscal year, reflecting the impact of...
Saif Power struggles in life outside guaranteed returns contracts
Profits exist, but margins are meager relative to the old heyday, and the company has no clear plans for growth
Power Division denies reports of ban on second electricity meter installation
Power Division clarifies that second meters can still be installed under existing laws, urges public to disregard false reports
Govt to tighten solar net metering regulations, introduce revised buyback plan: report
New policy replaces net metering with net billing, shifting from quarterly credit billing to monthly cash payments for excess electricity
KAPCO signs tri-partite power purchase agreement, awaits operational activation
Regulator-mandated tests to determine when agreement becomes operational
Delay in property transfer may jeopardize DISCOs’ privatization process
Delay in property title transfers for IESCO, FESCO, and GEPCO raises concerns as Energy Ministry urges provinces to act swiftly ahead of DISCOs' privatization drive
Govt finalises Rs1.275 trillion loan deal with commercial banks to slash circular debt
Agreement with 18 banks aims to tackle growing debt in power sector, with disbursements expected this month
Govt moves to lift nationwide moratorium on new gas connections, says petroleum minister Â
Ali Pervaiz Malik outlines plans to restore gas supply and improve energy sector stability ahead of budget