Pakistan Revenue
You can go through stories related to energy. The stories are about changes in petroleum prices and updates on energy sector of Pakistan and world.
Federal Minister for Energy Owais Leghari has firmly rejected reports claiming that the government plans to end electricity subsidies for protected consumers, describing such claims as misleading and contrary to facts.
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In a significant relief for the public, the federal government on Friday announced a sharp reduction in petroleum prices, cutting both petrol and high-speed diesel (HSD) rates by Rs22 per litre across the country. With the latest revision, the new price of petrol has been fixed at Rs381.78 per litre, while high-speed diesel will now […]
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Government cuts fuel prices for second consecutive week as Pakistan prepares for Eid-ul-Adha holidays Pakistan on Friday reduced petrol and diesel prices ahead of Eid-ul-Adha 2026, offering relief to consumers amid recent volatility in global oil markets and regional tensions affecting energy supplies.
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Government cites Middle East tensions, Strait of Hormuz disruptions and rising crude prices as reasons behind petroleum price increase The government on Thursday defended the recent increase in petroleum prices, citing escalating tensions in the Middle East, disruptions in global supply chains and rising international crude oil prices linked to instability around the Strait of […]
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Petroleum ministry says offshore bid round marks milestone in efforts to revive exploration and reduce import dependence Oil and Gas Development Company Limited (OGDCL) has secured eight offshore exploration blocks under the Offshore Bid Round 2025, marking a significant expansion of its exploration portfolio as Pakistan reopens its offshore frontier after nearly two decades.
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FCCP suspends Sindh High Court order directing subsidy payments to petroleum company, issues notices and seeks complete case record The Federal Constitutional Court of Pakistan on Thursday suspended a ruling by the Sindh High Court that had directed the payment of subsidies to a private petroleum firm, while admitting the federal government’s appeal for a […]
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Government signs offshore exploration agreements for 21 blocks under Bid Round 2025 Pakistan has formally reopened its offshore oil and gas exploration frontier after nearly two decades, with the signing of Production Sharing Agreements (PSAs) and Exploration Licences (ELs) for offshore blocks awarded under Offshore Bid Round 2025.
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Government says timely interventions avoided major electricity price hike amid Iran-US conflict Power Division said on Monday that electricity consumers in Pakistan would receive tariff relief for June 2026 despite mounting energy sector pressures caused by the Iran-US conflict and soaring global fuel prices.
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Weekly fuel price review lowers petrol to Rs409.78, diesel to Rs409.58 per litre Ministry of Energy on Friday reduced petroleum prices by Rs5 per litre each in the latest weekly review, providing relief to consumers after sharp increases in the previous adjustment.
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Government plans major shift toward renewable and indigenous energy sources in coming years Pakistan plans to increase the share of clean energy in its total power production from the current 55% to 90% in the coming years, Sardar Awais Ahmed Khan Leghari said on Thursday.
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