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.
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Pakistan assures ample petroleum reserves amid regional tensions
Islamabad, June 23, 2025 – Amid rising regional tensions following the Iran-Israel conflict, the Government of Pakistan has assured the public that the country possesses ample reserves of petroleum products and there is no threat of shortage.
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Minister orders uninterrupted electricity supply during Muharram
Islamabad, June 22, 2025 – In preparation for the upcoming sacred month of Muharram, Federal Minister for Power Division, Sardar Awais Ahmad Khan Leghari, has directed all electricity distribution companies (DISCOs) to implement urgent and comprehensive measures to guarantee uninterrupted electricity supply during the observance period.
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National Assembly recommends new electricity provider in Karachi
Islamabad, June 21, 2025 – The National Assembly Standing Committee on Government Assurances has formally recommended that the federal government explore the induction of a new electricity provider in Karachi, aiming to introduce competition and improve power services in Pakistan’s largest metropolitan city.
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Senators disapprove carbon levy proposed in Finance Bill 2025
Islamabad, June 20, 2025 – A storm is brewing in Pakistan’s Parliament as lawmakers in the Senate have strongly opposed the proposed carbon levy included in the Finance Bill 2025-26.
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Cabinet approves Rs 1.27 trillion loan to resolve circular debt
Islamabad, June 19, 2025 – In a significant development aimed at addressing Pakistan’s chronic power sector woes, the federal cabinet has approved a massive Rs 1.275 trillion loan package to reduce the ballooning circular debt.
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Pakistan confirms adequate petroleum stocks amid ME tensions
Islamabad, June 16, 2025 – Pakistan has confirmed that it currently possesses sufficient stocks of petroleum products and faces no immediate risk of supply disruption, despite escalating geopolitical tensions in the Middle East (ME).
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Petroleum prices hike in Pakistan amid Iran-Israel conflict
Islamabad, June 16, 2025 – Pakistan has announced a sharp increase in petroleum prices, effective from June 16, 2025, amid rising global oil market volatility triggered by the escalating Iran-Israel conflict. The revision will remain in effect for the remainder of the month, ending June 30.
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Pakistan set to announce petroleum prices amid ME tensions
Karachi, June 15, 2025 – The government of Pakistan is expected to announce revised petroleum prices today for the second half of June 2025, with a likely increase due to rising global oil rates triggered by escalating tensions in the Middle East.
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PIOL secures strategic offshore block in Abu Dhabi
Karachi, June 12, 2025 – In a major milestone for Pakistan’s energy sector, Pakistan International Oil Limited (PIOL) has officially signed a production concession agreement (PCA) for the development of a strategic offshore block in Abu Dhabi, marking a new chapter in the country’s regional energy collaboration.
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