KARACHI, April 23, 2026 – Oil and Gas Development Company Limited (OGDCL) has successfully revived gas production from the Jand-1 well in Punjab’s Attock district, significantly increasing output and reinforcing efforts to enhance domestic energy supply.
(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.
-

SNGPL clarifies disputed tax demand, says no financial impact
KARACHI, April 22, 2026 – Sui Northern Gas Pipelines Limited (SNGPL) on Wednesday clarified a disputed tax demand raised by authorities, stating that the matter is historical in nature and has no impact on the company’s current or future financial position.
(more…) -

Electricity load shedding eases after improved supply, says Power Division
ISLAMABAD — Electricity supply situation has improved since April 17, leading to a marked reduction in load management during peak demand hours, the government’s Power Division said on Tuesday.
(more…) -

OGDCL, Uch Power sign deal to assess Zin gas use
ISLAMABAD, April 21, 2026 – Oil and Gas Development Company Limited (OGDCL) has signed a memorandum of understanding with Uch Power Limited to jointly evaluate the technical and commercial feasibility of utilizing Zin gas for power generation, the company said on Tuesday.
(more…) -

FBR reports 163% surge in tax collection from petroleum products
Karachi, April 18, 2026 – Pakistan’s Federal Board of Revenue (FBR) said on Saturday that withholding income tax collection from petroleum products rose by 163% over the past five years, driven largely by higher fuel prices and increased consumption.
(more…) -

Pakistan cuts diesel prices soon after Hormuz reopening
ISLAMABAD, April 17, 2026 — Pakistan reduced diesel prices on Friday following a sharp drop in global oil markets after Iran announced the reopening of the Strait of Hormuz, a key global energy shipping route, officials said.
(more…) -

Pakistan March fuel imports surge despite Hormuz disruption
ISLAMABAD, April 16, 2026 — Pakistan recorded a sharp increase in petroleum imports in March 2026 despite global supply disruptions caused by the closure of the Strait of Hormuz, official data showed on Thursday.
(more…) -

Pakistan faces acute electricity shortfall amid Gulf tensions, minister says
ISLAMABAD, April 16, 2026 — Pakistan is grappling with an acute electricity shortfall of around 3,400 megawatts due to a sharp decline in power generation from liquefied natural gas (LNG) and hydropower sources, Energy Minister Sardar Awais Ahmed Khan Leghari said on Thursday, attributing the crisis to ongoing tensions in the Gulf region.
(more…) -

OGDCL launches commercial production from record Baragzai well
ISLAMABAD, April 15, 2026 — Oil and Gas Development Company Limited (OGDCL) has commenced commercial production from its landmark Baragzai X-01 (Slant) exploratory well, marking the largest oil and gas discovery from a single well in Pakistan’s history and boosting the country’s energy outlook.
(more…) -

No load-shedding for K-Electric, HESCO in peak plan
ISLAMABAD, April 14, 2026 — Pakistan’s Power Division said on Tuesday that consumers served by Hyderabad Electric Supply Company and K-Electric will not face load management under the government’s recently announced 2.25-hour peak hours relief plan.
(more…)