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energy

Oil firms warn of fuel shortage, urge action

Oil companies warn of petrol shortage, urge government intervention as reserves dwindle to 15 days' supply.

Fuel supply to Lahore pumps cut by 50%

Fuel supply to Lahore pumps cut by 50% due to global price hike, affecting rural and urban areas. Companies appeal to OGRA for nationwide fuel availability.

Pakistan seeks $6.7bn Saudi oil financing package

Pakistan seeks 6.7 bn USD oil financing from Saudi Arabia to counter rising global oil prices and ensure energy security.

Oil prices rise for fourth straight day

Oil prices rise for the fourth day amid Hormuz strait tensions after U.S. attacks in Iran, with Brent reaching 85.28 U.S. dollars per barrel.

Tarbela water storage rises 101 feet above dead level

Tarbela Dam's water level rises 101 feet due to monsoon rains and floods, with power generation nearing full capacity.

Tensions in Hormuz may raise fuel prices

Tensions in the Strait of Hormuz may lead to higher petrol prices in Pakistan, prompting the government to consider daily pricing adjustments.

Petroleum prices reform amid Hormuz closure

Petroleum Minister Ali Pervaiz Malik addresses global market uncertainty after Hormuz closure, exploring pricing reforms and local diesel production.

Port Qasim safely berths LNG ship amid storm

Port Qasim Authority safely berthed LNG ship amid storm, ensuring uninterrupted electricity supply and demonstrating Pakistan's strategic capabilities.

Government imposes 1 pct tax on imported coal

The government imposes a 1% tax on imported coal, affecting coal-fired power producers. Importers must comply with audit and verification under sales tax laws.

Pakistan issues emergency LNG tender after Strait of Hormuz attacks

Pakistan issues LNG tender after Hormuz attacks spark supply concerns. Bid deadline set for Friday.

Imported RLNG gets up to 16% price hike

LNG prices for June have increased, with Sui Northern seeing a 14.94% rise and Sui Southern experiencing a 16.17% hike.

Brent crude falls below 75 USD per barrel

Brent crude prices drop below 75 USD per barrel amid U.S.-Iran agreement and increased Gulf supply.

Oil firms urge govt to consult on price cuts

Oil firms urge govt consultation on price cuts, warn of supply risks. OCAC demands fair pricing to avoid financial crisis.

Kerosene price cut by 48 rupees per litre

Govt cuts kerosene price by 48 rupees per litre, benefiting rural households relying on it for heating.

Power Division unveils new electricity bill format

Power Division unveils new electricity bill format to simplify consumer understanding, enhancing transparency and user experience.

PM pledges solar power funding for Gilgit-Baltistan

PM Shehbaz pledges federal funding for 100 MW solar project in Gilgit-Baltistan, aiming for completion by December with third-party validation for transparency.

PM claims economy stable despite challenges

PM Shehbaz Sharif claims the economy is stable despite challenges, with inflation reduced and policy rates lowered. He emphasizes investment in alternative energy.

Oil prices surge after Iran’s Hormuz closure

Oil prices rise sharply after Iran's Strait of Hormuz closure announcement amid regional tensions, impacting global energy supply and economy.

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