Islamabad, September 29, 2025 – The Oil and Gas Development Company (OGDC) has announced a milestone achievement with five successful oil and gas discoveries during the fiscal year 2024–25.
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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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K-Electric reports Rs4.13bn profit in FY24 turnaround
Karachi, September 23, 2025 – K-Electric has reported a remarkable turnaround, announcing a net profit of Rs4.13 billion for fiscal year 2023-24, compared to a loss of Rs39.39 billion in the previous year.
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K-Electric moves to decommission gas-based power plants
Karachi, September 23, 2025 – The Board of Directors of K-Electric has officially decided to decommission two of its older gas-based power plants, the Korangi Town Gas Turbine Power Station (KTGTPS) and the SITE Gas Turbine Power Station (SGTPS).
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K-Electric board to review pending financial statements
Karachi, September 16, 2025 – The board of directors of K-Electric has announced that it will convene on September 23, 2025, to finalize long-pending financial statements for various periods ending June 30, 2024.
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Pakistan raises diesel price, keeps petrol rate steady
Islamabad, September 16, 2025 – The government of Pakistan has announced a fresh adjustment in fuel prices, increasing the rate of high-speed diesel (HSD) while keeping the price of petrol unchanged for the next fortnight.
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Tax exemption to electricity companies surge 173%: FBR
Karachi, September 14, 2025 – The Federal Board of Revenue (FBR) has reported a massive surge in tax benefits provided to the electricity generation sector.
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Petroleum prices expected to rise from September 16
Islamabad, September 14, 2025 – The prices of petroleum products in Pakistan are likely to go up once again in the upcoming fortnightly review, with an expected hike of up to Rs4.79 per litre.
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Pakistan welcomes Chevron’s $30 million investment in oil sector
Islamabad, September 11, 2025 – Federal Minister for Petroleum Ali Pervaiz Malik has welcomed Chevron’s $30 million investment in Pakistan oil sector, describing it as a milestone that highlights international confidence in the country’s energy market.
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Govt collects sales tax as PDL on petroleum products: FBR
Islamabad, September 11, 2025 – The Federal Board of Revenue (FBR) has clarified reports suggesting that the government had granted a blanket sales tax exemption on petroleum products.
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Pakistan Petroleum Discovers Oil and Gas in Punjab
Karachi, September 4, 2025 – In a significant development for the country’s energy sector, Pakistan Petroleum Limited (PPL) has announced a new discovery of oil and gas reserves in the Attock District of Punjab.
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