Energy Archives - Page 33 of 126

Pakistan Updates Petroleum Prices for Ahead of Eid-ul-Fitr

March 29, 2025March 29, 2025Mrs. Anjum Shahnawaz

Islamabad, March 29, 2025 – The petroleum prices in Pakistan have been revised for the first half of April 2025, with the government announcing a slight reduction in petrol prices while keeping high-speed diesel (HSD) rates unchanged.

Kirthar JV Announces New Gas Discovery in Dadu, Sindh

March 25, 2025March 25, 2025Hamza Shahnawaz

Karachi, March 25, 2025 – In a significant development for Pakistan’s energy sector, the Pakistan Petroleum Limited (PPL) partner-operated Kirthar Joint Venture (Kirthar JV) has announced a new gas discovery in the Kirthar Block, situated in District Dadu, Sindh Province.

OGDCL Shares Major Updates on Reko Diq Gold Project

March 25, 2025March 25, 2025Faisal Shahnawaz

Karachi, March 25, 2025 – The Oil and Gas Development Company Limited (OGDCL) has provided a significant update on the progress of the Reko Diq gold and copper project, a major mining initiative in Pakistan.

Petroleum Prices in Pakistan increase decrease

Pakistan Boosts Petroleum Levy, Prioritizing Revenue Over Relief

March 18, 2025March 18, 2025Mrs. Anjum Shahnawaz

Islamabad – Pakistan has prioritized increasing petroleum revenue over providing direct relief to the public, as the government continues to raise the petroleum levy (PL) on key fuels.

OGDCL Discovers Gas, Condensate at Soghri Well in Attock

March 17, 2025March 17, 2025Faisal Shahnawaz

Karachi, March 17, 2025 – Oil and Gas Development Company Limited (OGDCL) has made a significant gas and condensate discovery at the Soghri North-1 well in the Soghri Block, located in Attock District, Punjab.

Mari Confirms Second Discovery in Spinwam-1 Well

March 17, 2025March 17, 2025Shahnawaz Akhter

Karachi, March 17, 2025 – Mari Energies Limited has announced its second significant gas and condensate discovery at the Spinwam-1 well in the Waziristan Block, reinforcing its commitment to Pakistan’s energy sector.

Solar Net Metering Consumers to Rise Under New Policy: Minister

March 17, 2025March 17, 2025Mrs. Anjum Shahnawaz

Federal Minister for Energy Sardar Awais Ahmad Leghari has announced that the number of solar net metering consumers is expected to rise significantly under the government’s new energy policy.

Citizens Receive No Fuel Relief Despite Declining Oil Prices

March 16, 2025March 16, 2025Mrs. Anjum Shahnawaz

The citizens of Pakistan have expressed disappointment over the government’s decision to keep petroleum prices unchanged ahead of Eid. Many were expecting a reduction in prices, hoping for financial relief amid rising inflation and economic hardships.

PCMA Rejects Cuts in Net Metering Rates for Solar Electricity

March 16, 2025March 16, 2025Shahnawaz Akhter

Karachi, March 16, 2025 – Ahmed Chinoy H.I, S.I, Chairman of the Pakistan Cloth Merchants Association (PCMA), has strongly condemned the recent announcement regarding proposed cuts in net metering rates for solar electricity in Pakistan.

Petroleum Prices Steady as Shehbaz Targets Power Tariff Drop

March 15, 2025March 15, 2025Mrs. Anjum Shahnawaz

Prime Minister Shehbaz Sharif has decided to keep petroleum product prices unchanged for the next fortnight, opting instead to utilize the financial relief from declining international petrol prices to significantly reduce the power tariff for the masses.

Category: Energy