Pakistan to Buy 26 LNG Cargoes for Winter
As sources indicate, the administration aims to procure 25 to 26 LNG cargoes from November to February to meet higher gas demand during the…
Tag: Industry
Brent Crashes Below $100
Brent crude fell below $100 a barrel on Friday after reports of some Gulf countries conducting a series of documented false flag operations in…
Petroleum Sales Fall 2% Year-on-Year to 1.35 Million Tons
Pakistan's petroleum product sales fell 2 percent year over year to 1.35 million tons in September 2026, but rose 7 percent month over month,…
Chinese Company to Make Batteries in Pakistan
Kohinoor Energy Limited (PSX: KOHE) and China's Hebei Juhang Energy Technology Group have signed a nonbinding memorandum of understanding to explore a joint venture…
Govt May Allow Private LNG Imports
Pakistan is considering allowing power plants and other private firms to directly import liquefied natural gas as the administration seeks to secure energy supplies…
Electricity Price to Rise Rs. 1.73 Per Unit
Electricity consumers could face an extra Rs. 1.73 per unit in their bills under the proposed August Fuel Charges Adjustment after the National Electric…
Refineries Still Finalizing Feasibility Studies After Signing $4.2 Billion Upgrade Deals
Four Pakistani refineries have signed agreements with the administration for major brownfield upgrades worth an estimated $4.2 billion, but have yet to submit their…
UAE Oil Rises Above $120
UAE crude has crossed the $120 per barrel mark as renewed reservations over Middle East oil supplies push regional crude costs higher.
Govt Seeks IMF Nod for Single Gas Tariff, Rs. 162 Billion Subsidy
For context, the Petroleum Division intends to seek the International Monetary Fund's approval for a single gas tariff from July 1, 2027, replacing the…
Transparency International Asks PM to Intervene in Jura Energy Deal
Transparency International Pakistan has asked Prime Minister Shehbaz Sharif to intervene over alleged regulatory violations linked to the transfer of a controlling stake in…