POWER

Oil prices climb on supply fears, Fed rate cut hopes

Brent crude reaches $81.42 as U.S. sanctions on Russian producers and Federal Reserve comments drive market momentum 22 hours ago

Abbottabad closes CNG stations for 4 days

Section 144 imposed to address gas crisis, prioritise provision to households 1 day ago

Tariff for electric vehicle charging stations slashed by 45%

Leghari says in a few months, govt to provide cheapest electricity in region 2 days ago

Oil jumps on expected hit to China, India's Russian supplies

US West Texas Intermediate crude up 94 cents at $77.51 a barrel after touching highest since Aug 15 4 days ago

Oil jumps on expectations new US sanctions to cut Russian supply

Brent crude rises above $81 as new sanctions disrupt Russian oil exports to China, India 4 days ago

Oil prices rally 3% as US hits Russian oil with tougher sanctions

New U.S. sanctions targeting Russia's oil supply chain spark global supply concerns 1 week ago

Oil set for third straight weekly gain on winter fuel demand

Brent, WTI rise for the third consecutive week, driven by freezing temperatures in the U.S. and Europe 1 week ago

Electricity prices likely to drop by Rs10–12 per unit

Minister says contracts with 12 IPPs, including bagasse-based plants, reviewed; talks done for 15 more 1 week ago

Govt to revise gas prices by Jan 23 before IMF deadline: Leghari

Minister says agreements made with 17,000MW plants for next decade 1 week ago

Oil prices down on US fuel stocks build, dollar strength

Large builds in U.S. gasoline and diesel stockpiles offset earlier gains from OPEC production cuts. 1 week ago

Oil rises on tighter OPEC supply, US jobs data

Brent crude hits $77.33 as OPEC output falls and U.S. job market fuels optimism for oil demand growth 1 week ago

Electricity prices decreased for all consumers

NEPRA officially issues notifications for both reductions 1 week ago

Oil eases from near 3-month highs amid strong dollar ahead of economic data

Global crude benchmarks edge lower ahead of key U.S. economic data this week 1 week ago

Power distribution companies blamed for increasing circular debt

State of Industry Report 2024 reports says circular debt in power sector reached Rs2,393bn in June 2 weeks ago

Karachi continues to face massive gas shortage

Citizens call on Sui Southern Gas Company to take immediate action 2 weeks ago

LPG price reduced for January 2025

Price of 11.8kg domestic cylinder slashed by Rs47.43 2 weeks ago

Authority reports major anti-smuggling and power theft crackdown in 2024

Govt operations yield massive seizures of commodities 2 weeks ago

Oil inches higher in thin trade, investors focus on China, US data

Markets focus on U.S. and Chinese growth indicators as crude gains on low inventories, demand optimism 2 weeks ago

Electricity price likely to be decreased for Karachi

NEPRA will review submission on January 15, 2025 2 weeks ago

Construction of Pakistan’s largest nuclear power plant approved

PNRA grants licence ensuring compliance with both national, international standards 3 weeks ago

OGDCL discovers natural gas reserves in Khyber Pakhtunkhwa

New discovery set to yield 2.14 million cubic feet of gas daily 3 weeks ago

Oil prices edge higher on hopes for more China stimulus

Market optimism grows as China announces expanded fiscal support, U.S. Oil stocks show signs of decline 3 weeks ago

Massive increase in gas price approved

OGRA approves increase of 8.71% in gas prices for SNGPL, 25.78% hike for SSGCL 1 month ago

New oil and gas reserves discovered in Lakki Marwat

Initial production is expected to yield 2.114 million cubic feet of gas, 74 barrels of crude oil per day 1 month ago

Oil prices ease, but geopolitical risk and China policy stance check losses

Brent crude futures were down 13 cents, or about 0.2%, at $72.01 per barrel 1 month ago

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