ISLAMABAD – The federal government has implemented a steep increase in the prices of petroleum products, raising the cost of petrol and High-Speed Diesel (HSD) by approximately Rs 15 per litre. The move, which took effect on May 9, is a direct result of the government’s commitment to the International Monetary Fund (IMF) to bolster tax collection through the Petroleum Levy.
(more…)Category: Energy
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.
-

Pakistan Drops Petrol Bomb: Fuel Prices Soar Above Rs414 Per Litre
Pakistan has witnessed another devastating fuel price hike after the federal government sharply increased petrol and diesel prices by nearly Rs15 per litre, pushing both products above the alarming Rs414 mark for the first time.
(more…) -

PPL Announces Commissioning of Faiz X-1 Deep Well
Pakistan Petroleum Limited (PPL) has announced the successful commissioning of the Faiz X-1 Deep (Basal Sand) well located in the Gambat South Block.
(more…) -

SBP extends CIF oil import relaxation till July 10, 2026
KARACHI, May 7, 2026 — The State Bank of Pakistan (SBP) has extended the deadline for allowing crude oil and petroleum imports on cost, insurance and freight (CIF) basis until July 10, 2026, according to a notification issued on Thursday.
(more…) -

Pakistan plans 500MW floating solar project at Keenjhar Lake
ISLAMABAD, May 6, 2026 — The government has planned a 500-megawatt floating solar power project at Keenjhar Lake in Sindh to generate clean electricity and reduce dependence on imported fossil fuels, official sources said.
(more…) -

Shehbaz orders strict action against power firms, pushes renewable reforms
ISLAMABAD, May 6, 2026 – Prime Minister Shehbaz Sharif has directed strict action against power distribution companies over regulatory violations, while emphasizing accelerated reforms in Pakistan’s energy sector.
(more…) -

DPM Reviews Security of Oil Refineries and Storage Facilities
ISLAMABAD, May 4, 2026 – Deputy Prime Minister (DPM) and Foreign Minister Senator Ishaq Dar on Monday chaired a high-level meeting of the Committee on Security Assessment of Oil Refineries and oil storage facilities across the country.
(more…) -

Pakistan Oil Sales Plummet in April 2026 Amid Rising Petroleum Prices
KARACHI: Pakistan’s oil sales declined sharply in April 2026 as rising petroleum prices dampened demand, according to data released by industry analysts.
(more…) -

K-Electric suspends power shutdowns as Karachi braces for 45°C heatwave
KARACHI, May 3, 2026 – In a significant move to provide relief to citizens, K-Electric (KE) has announced an immediate pause on all scheduled maintenance shutdowns. The decision comes after the Pakistan Meteorological Department (PMD) issued a severe heatwave alert for the metropolis, with temperatures expected to feel like over 45°C.
(more…) -

Karachi Mayor to provide KMC land for EV charging stations
KARACHI – In a significant step toward urban modernization, Karachi Mayor Barrister Murtaza Wahab has announced that the Karachi Metropolitan Corporation (KMC) is prepared to provide land for the establishment of charging stations for electric vehicles (EVs) and bikes across the city.
(more…)
