Pakistan’s Current IPP Contracts Can Easily Outlive Generations
Pakistan at present has active agreements with 105 Independent Power Producers (IPPs), with a number of contracts extending beyond 2050, according to documents seen…
Tag: Industry
PM Shehbaz to Meet Apple CEO in US
Prime Minister Shehbaz Sharif will meet Apple CEO John Ternus in the United States to discuss the company's potential entry into Pakistan.
IPAK Group Profit Skyrockets by 645% in FY26
IPAK Group documented consolidated profit after tax of Rs. 4.95 billion for the year concluded June 30, 2026, up 645 percent compared with Rs.
Gas Consumers May Pay Rs. 46 Billion to Guard Oil and Gas…
Meanwhile, the administration is considering a Rs. 46 billion security plan involving 14 dedicated wings to protect gas pipelines and oil and gas exploration…
PM Gives In-Principle Approval to New Auto Policy 2026-31
Prime Minister Shehbaz Sharif on Wednesday offered in-principle approval to Pakistan's new Auto Policy 2026-31, sources informed ProPakistani a short while ago.
Refinery Profit Margins Fall Below 5-Year Average
Pakistan's oil refining sector is facing a sharp squeeze in profitability, with gross refining margins (GRMs) falling to regarding $11 per barrel in September…
Pakistan Fails to Secure LNG Cargo as Tender Receives No Bids
Pakistan received no bids for a tender seeking one liquefied natural gas (LNG) cargo for delivery from Sept.
OGDCL, Mari and HUBCO Start Production From Joint Venture Gas Well In…
Oil and Gas Development Firm Limited (OGDCL) has confirmed the successful commissioning of the Lundali 1 well in the Sukhpur II Block in Sindh,…
Pakistan Business Leaders Vow More Investments After Meeting With PM Shehbaz
Pakistan's business community has expressed confidence in the government's economic direction and pledged to growth investment and backing export expansion after a session with…
Pakistan-Gulf Trade Takes Massive Hit
Pakistan's trade deficit with six Gulf countries fell by 46 percent in July after a major drop in imports.