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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PSO reports Rs10.67 billion profit in nine months of FY25
KARACHI, April 29, 2025 — Pakistan State Oil (PSO), the nation’s largest oil marketing company, recorded a consolidated net profit of Rs10.67 billion during the nine months ending March 31, 2025 (9MFY25), reflecting a steep 42% drop from Rs18.51 billion reported in the same period last fiscal year, according to its latest unaudited financial statements.
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APL, Hubco join forces to develop EV charging infrastructure
Karachi, April 25, 2025 – In a major step toward sustainable transportation and energy innovation, Attock Petroleum Limited (APL) has officially partnered with Hubco Green (Private) Limited, a subsidiary of Hub Power Holding Limited (HGL), to develop and promote electric vehicle (EV) charging infrastructure across Pakistan.
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ICMAP calls for solar solutions to power woes
Karachi, April 23, 2025 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has issued an urgent call to action for the fast-tracked adoption of solar energy within Pakistan’s industrial sector.
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Citizens Disappointed as Pakistan Raises Petroleum Levy
Islamabad – April 16, 2025: Citizens are disappointed because despite a sharp decline in global oil prices, the government of Pakistan has chosen to raise the petroleum levy and keep domestic fuel prices unchanged for the second half of April — a move that has drawn strong criticism from citizens across the country.
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Pakistan Keeps Petroleum Prices Steady Till April End
In a move that has disappointed many citizens, the government of Pakistan has decided to keep petroleum prices unchanged for the next fortnight, starting April 16, 2025. The decision was officially announced late Tuesday night through a notification issued by the Ministry of Finance.
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ABAD Lodges Strong Objection Against K-Electric
Karachi, April 14, 2025 – The Association of Builders and Developers of Pakistan (ABAD) has raised serious concerns against K-Electric, submitting a formal complaint to the National Electric Power Regulatory Authority (NEPRA) over what it terms a “discriminatory approach” in applying the diversity factor for power load assessments.
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Petroleum Prices Likely to Drop Sharply in Second Half of April
Karachi, April 13, 2025 – A substantial reduction in petroleum prices is expected in Pakistan during the second half of April, offering potential relief to inflation-stricken consumers.
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Business Leaders Urge Government to Freeze Petroleum Prices
Karachi, April 13, 2025 – In a significant proposal aimed at stabilizing Pakistan’s economy, the business community has called on the government to freeze petroleum prices for a full year.
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