Karachi, March 24, 2026 – Pakistan has marked a significant breakthrough in its energy sector by commencing oil production from a local well, a development that comes at a crucial time amid rising global energy concerns linked to tensions involving Iran.
(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.
-
K-Electric Appoints Syed Taha as New CEO
Karachi, March 24, 2026 – K-Electric has announced the appointment of Syed Taha as its new Chief Executive Officer (CEO), effective April 15, 2026, marking a key leadership transition at Pakistan’s largest power utility serving Karachi.
(more…) -
Pakistan raises high-octane petrol levy to Rs300/liter to target wealthy amid fuel crisis
Lahore, March 22, 2026 – The government has significantly increased the levy on high-octane petrol used in luxury vehicles, aiming to shift the burden of rising fuel costs onto the wealthiest segment of society amid ongoing global energy pressures.
(more…) -
Govt to shield low-income segments from fuel price shock: Aurangzeb
The government is working on a targeted relief package to protect low-income segments from the impact of rising fuel prices, Finance Minister Muhammad Aurangzeb said on Sunday, amid mounting pressure from global energy markets.
(more…) -
Govt supports solar but warns of grid challenges: Leghari
Islamabad – Federal Minister for Power Sardar Awais Ahmed Khan Leghari has clarified that the government fully supports solar energy adoption in Pakistan, rejecting claims that authorities are discouraging solarization.
(more…) -
US lifts Iran oil sanctions to tackle global energy crisis
The United States has partially lifted sanctions on Iranian oil in a bid to stabilize global energy markets amid the ongoing conflict with Iran, marking a significant shift in longstanding policy.
(more…) -
Petrol prices stay unchanged as PM Shehbaz turns down Rs400 scenario
Islamabad, March 21, 2026 – Prime Minister Shehbaz Sharif has rejected a massive increase in fuel prices that could have pushed petrol close to Rs400 per litre, deciding instead to keep the rate unchanged at Rs321.17 per litre to provide relief ahead of Eid-ul-Fitr.
(more…) -
Pakistan strikes new oil and gas discovery amid global energy crisis
Karachi, March 19, 2026 – Pakistan has announced a significant new oil and gas discovery in Sindh, offering a potential boost to the country’s energy security at a time when global markets are under pressure due to rising geopolitical tensions.
(more…) -
How much fuel Pakistan has now? Petrol monitoring committee explains
Islamabad, March 16, 2026 – Pakistan currently has comfortable stocks of crude oil and petroleum products, with supply arrangements secured until mid-April, according to officials briefing the government’s petrol monitoring body on Monday.
(more…) -
Senate told Pakistan imports 70% petrol via Strait of Hormuz
Islamabad, March 16, 2026 – Pakistan imports nearly 70 percent of its petrol through the Strait of Hormuz, making the country highly dependent on the strategic maritime route for fuel supplies, the Senate Standing Committee on Petroleum was informed on Monday.
(more…)