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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Hub Power Company Expands Stake in SECMC
Karachi, February 17, 2024 – The Hub Power Company Limited (Hubco) has taken a strategic step towards enhancing its presence in the energy sector by entering into a definitive agreement to acquire an additional 9.5 percent stake in the Sindh Engro Coal Mining Company Limited (SECMC).
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Mari Petroleum Discovers Gas Reserves in Block-28 Balochistan
Karachi, February 16, 2024 – In a groundbreaking development, Mari Petroleum Limited has officially announced the discovery of substantial gas reserves in the Maiwand Well within Block-28, located in Balochistan.
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Pakistan Raises Petroleum Prices for 2nd Half of February 2024
Islamabad, February 15, 2024 – In a move that may impact the pockets of consumers, Pakistan has increased petroleum prices for the second half of February 2024.
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Pakistan Cabinet Greenlights Substantial Gas Price Surge
Islamabad, February 15, 2024 – In response to the ongoing economic crisis, the federal cabinet of Pakistan has approved a significant increase in gas prices, effective from February 1, 2024.
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Pakistan Sets Petroleum Prices for Second Half of February 2024
Islamabad, February 15, 2024 – The caretaker government in Pakistan is poised to announce new petroleum prices today for the second half of February 2024, with changes expected to come into effect from February 16, 2024.
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Hub Power Company Reports 15% Profit Growth in 2QFY24
Karachi, February 14, 2024 – Hub Power Company Limited has revealed a robust financial performance, declaring a remarkable 15 percent growth in profit for the second quarter of fiscal year 2023-24 on a Year-on-Year (YoY) basis.
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Pakistan May Increase Petroleum Prices from February 16, 2024
Islamabad, February 13, 2024 – As Pakistan navigates economic considerations, the caretaker government is contemplating a potential increase in petroleum prices for the upcoming fortnight starting from February 16, 2024.
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Pakistan Petroleum Celebrates Successful Drilling at Hala
Karachi, February 13, 2024 – Pakistan Petroleum Limited (PPL) achieved a significant milestone on Tuesday with the successful drilling and testing of the Adam-2 well in the Hala region.
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Attock Refinery Defers Shutdown to Ensure Petroleum Supply
Karachi, February 12, 2024 – Attock Refinery Limited (ARL) has decided to defer the planned shutdown of its refinery units in a strategic move aimed at guaranteeing a seamless supply of petroleum products across the nation.
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