Money

New oil and gas reserves discovered in Khyber Pakhtunkhwa

305 barrels of crude oil and 2.5 million cubic feet of gas reserves found 10 months ago

OPEC+ extends deep oil production cuts into 2025

OPEC+ members are currently cutting output by a total of 5.86 million barrels per day 10 months ago

Petrol price reduction accurately reflected in notification: Musadik Malik

Promises clearer communication in future after price cut mix-up 10 months ago

NEPRA approves major electricity price hike

Authority forwards decision to government, citing need for quarterly adjustment 10 months ago

IMF pressure leads to govt U-turn on petrol prices

Rs82 per litre tax also being collected from public on petroleum products to meet strict IMF conditions 10 months ago

Govt announces new petrol, diesel prices

New prices of petroleum products will be effective for next fortnight from June 1 10 months ago

PM directs to reduce prices of petroleum products

The final notification of the new prices of petroleum products will be issued by the Ministry of Finance 10 months ago

Solar users face new charges under proposed net metering reforms

Power Division proposes 50% cut in net metering buyback rate 10 months ago

Petrol price likely to be decreased by Rs5 per litre

OGRA set to send summary of proposed price adjustments to Petroleum Division on May 31 10 months ago

PM Shehbaz orders to end loadshedding

Sharif also orders that duration of loadshedding on loss-making feeders also be reduced 10 months ago

Sindh to provide solar systems at just Rs7,000!

Each system designed to power a fan, three LED bulbs 10 months ago

Punjab govt to provide free solar systems to 50,000 households

Check how to register for 'Roshan Gharana Program' 10 months ago

Oil prices little changed as markets look to OPEC+ meeting

Brent ended last week about 2% lower and WTI lost nearly 3% in the week 10 months ago

Punjab to start local manufacturing of solar panels

Provincial govt partners with Chinese companies to boost solar energy sector 10 months ago

OGRA increases RLNG prices by 6.49%

Price hike will take effect starting May 1 10 months ago

Electricity shortfall in Pakistan reaches 5,500MW

Power Division maintains there is no scheduled load shedding in any part of the country 10 months ago

Petrol price in Pakistan set to see another big drop from May 31

Govt expected to announce revised tariff for petroleum products on May 31 10 months ago

Loan negotiations: IMF demands 18% GST on petroleum products

Govt considers alternative approach by imposing carbon levy on petroleum instead of GST next year 10 months ago

Load shedding increases as power shortfall rises to 5,000MW

Energy sector circular debt soars to $17.5bn with electricity sector alone accumulating Rs2,794bn debt 10 months ago

No changes to solar net metering policy: Owais Leghari

Assures Senate that the government has successfully managed the revolving energy debt 10 months ago

Electricity rates may increase by Rs3.49 per unit

CPPA files request with Nepra for fuel price adjustment for April 10 months ago

Ogra refuses increase in gas price, recommends 10% reduction

For 2024-25, OGRA proposes uniform gas prices across Sindh, Balochistan; sets price at Rs1,401 per mmbtu 10 months ago

Govt plans to increase electricity price over Rs5 per unit

CPPA submits request to Nepra for determination of power purchase prices for next year 11 months ago

Oil prices slide as US Federal Reserve dampens rate cut hopes

Crude oil prices witness substantial decline over past month, experiencing unprecedented drop of $8 per barrel 11 months ago

Oil prices rebound amid expectations of US strategic reserve replenishment

America says it intends to restock Strategic Petroleum Reserve at $79 per barrel or less 11 months ago

POWER