Karachi, January 15, 2025 – Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, has officially commenced production from its exploratory well, Kharo-1.
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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.
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Expected Petroleum Prices in Pakistan from January 16, 2025
Islamabad, January 14, 2025 – The Government of Pakistan is poised to revise petroleum prices for the upcoming fortnight, with new rates set to take effect from January 16, 2025.
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Cabinet Approves Revised Power Agreements with 14 IPPs
Islamabad, January 14, 2025 – In a significant move to alleviate electricity costs and address circular debt, the federal cabinet, under the leadership of Prime Minister Shehbaz Sharif, approved revised agreements with 14 Independent Power Producers (IPPs).
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Updated Petrol and Diesel Prices in Pakistan – January 12, 2025
Here are the most recent prices of petrol and diesel in Pakistan, effective Sunday, January 12, 2025. Citizens are advised to stay updated on the latest petroleum prices before refueling their vehicles.
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Latest Petroleum Prices in Pakistan on January 10, 2025
Here are the most recent petroleum prices in Pakistan, effective Friday, January 10, 2025. Citizens are advised to stay updated on the latest petroleum prices before refueling their vehicles.
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PPL Commences Gas Production from Jamshoro Discovery
Karachi, January 10, 2025 – Pakistan Petroleum Limited (PPL) has announced the commencement of gas production from its exploratory discovery in District Jamshoro, Sindh Province. This milestone marks a significant contribution to Pakistan’s energy sector amidst the ongoing energy crisis.
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PPL Announces Settlement with Midland Oil Company in Iraq
Karachi, January 6, 2025 – Pakistan Petroleum Limited (PPL) has officially announced the successful settlement with Midland Oil Company (MdOC) regarding Block-8 in Iraq, marking a key achievement in the company’s international operations. This announcement was made through a communication sent to the Pakistan Stock Exchange (PSX) on Monday.
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Petroleum Sales Surge in December Amid Anti-Smuggling Drive
Karachi, January 2, 2025 – Pakistan’s petroleum sales recorded a notable 3% year-on-year (YoY) increase in December 2024, bolstered by strict measures to curb smuggling from Iran.
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Pakistan Increases Petroleum Prices on New Year 2025
ISLAMABAD: The federal government of Pakistan has increased the price of petrol by Re0.56 per litre, effective from the first fortnight of 2025. The announcement, made on New Year’s Eve, reflects adjustments based on fluctuations in the international oil market, as stated in a notification issued by the Finance Division.
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ADB, Pakistan Ink $200M Loan Deal to Boost Electricity Distribution
Islamabad, December 31, 2024 – The Asian Development Bank (ADB) and the Government of Pakistan signed a $200 million loan agreement on Tuesday aimed at enhancing the country’s electricity distribution system.
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