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.
Government signs offshore exploration agreements for 21 blocks under Bid Round 2025
Pakistan has formally reopened its offshore oil and gas exploration frontier after nearly two decades, with the signing of Production Sharing Agreements (PSAs) and Exploration Licences (ELs) for offshore blocks awarded under Offshore Bid Round 2025.
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Government says timely interventions avoided major electricity price hike amid Iran-US conflict
Power Division said on Monday that electricity consumers in Pakistan would receive tariff relief for June 2026 despite mounting energy sector pressures caused by the Iran-US conflict and soaring global fuel prices.
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Weekly fuel price review lowers petrol to Rs409.78, diesel to Rs409.58 per litre
Ministry of Energy on Friday reduced petroleum prices by Rs5 per litre each in the latest weekly review, providing relief to consumers after sharp increases in the previous adjustment.
(more…)Government plans major shift toward renewable and indigenous energy sources in coming years
Pakistan plans to increase the share of clean energy in its total power production from the current 55% to 90% in the coming years, Sardar Awais Ahmed Khan Leghari said on Thursday.
(more…)Climate Support Levy introduced under Finance Act 2025 boosts revenue collection during first nine months
The government collected Rs37.28 billion in carbon levy during the first nine months (July–March) of fiscal year 2025-26, according to official data released on Thursday.
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Islamabad explores oil, gas diversification as geopolitical tensions disrupt Gulf supply routes
Pakistan is considering increasing oil imports from Russia as the ongoing crisis in the Strait of Hormuz continues to disrupt global energy supply chains, according to statements reported by Russia’s state-run TASS News Agency, citing Pakistan’s ambassador to Moscow.
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ISLAMABAD – The federal government has implemented a steep increase in the prices of petroleum products, raising the cost of petrol and High-Speed Diesel (HSD) by approximately Rs 15 per litre. The move, which took effect on May 9, is a direct result of the government’s commitment to the International Monetary Fund (IMF) to bolster tax collection through the Petroleum Levy.
(more…)Pakistan has witnessed another devastating fuel price hike after the federal government sharply increased petrol and diesel prices by nearly Rs15 per litre, pushing both products above the alarming Rs414 mark for the first time.
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Pakistan Petroleum Limited (PPL) has announced the successful commissioning of the Faiz X-1 Deep (Basal Sand) well located in the Gambat South Block.
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KARACHI, May 7, 2026 — The State Bank of Pakistan (SBP) has extended the deadline for allowing crude oil and petroleum imports on cost, insurance and freight (CIF) basis until July 10, 2026, according to a notification issued on Thursday.
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