Mari Petroleum shows strong growth as SIFC prioritizes energy sector
Company's reserves extend to 17 years amid policy improvements and sustainable measures
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POWER
Electricity prices expected to decrease
CPPA submits application to NEPRA seeking reduction in electricity prices for October
Oil heads for weekly loss as Chinese demand continues to underperform
Gasoline stocks fall by 4.4 million barrels last week to lowest since November 2022
Anti-power theft drive recovers over Rs132 bln since September
More than 87,000 electricity thieves apprehended in nationwide crackdown
This is how much petrol price may increase from Nov 16!
Price adjustments proposed based on current tax rates, with exchange rate effects reportedly kept zero
Gas production from Dera Bugti well begins with 5MMSCFD
Well producing 5MMSCFD, output successfully integrated into Uch Gas Processing Plant
Pakistan decides to direct imported LNG to domestic use
Providing LNG to domestic consumers will require investment of Rs163bn
Oil falls as US storm threat abates, China stimulus disappoints
Brent crude futures dropped 31 cents, or 0.4%
Oil prices fall as Hurricane Rafael expected to start weakening
For the week, Brent is set to gain 3.1% while WTI is set to rise 4.1%
Govt's anti-power theft drive yields Rs130 bln in recoveries
Over 86,000 power thieves arrested in nationwide crackdown since September 2023
Pakistan's oil refineries set for major upgrade under SIFC direction
Billion-dollar hydrocracker unit investment planned to convert furnace oil into premium fuels
Oil prices fall on stronger dollar as polls start closing in US election
U.S. stock futures and the dollar pushed higher in Asia on Wednesday
NEPRA announces 40 paisa per unit increase in K-Electric prices
Adjustment comes as part of monthly fuel cost adjustment for August
Oil gains more than $1 after OPEC+ delays output hike
Market braces for a week that spans US presidential election and a key meeting in China
Oil prices edge up, US plan to refill reserve offers support
Brent crude futures climbed 44 cents, or 0.6%, to $71.86 a barrel
Oil slumps more than 4% after Iran downplays Israeli strikes
Both Brent, U.S. West Texas Intermediate crude futures hit their lowest levels since October
NEPRA increases electricity price for Karachi
Additional charges will be recovered from consumers in December 2024 bills
Govt withdraws subsidies on electricity, gas to curb circular debt
Plan formulated to raise gas tariffs by February 15, 2025
Petrol price in Pakistan may go up from Oct 16
Preliminary working paper prepared by petroleum industry, shared with Ogra
Petrol prices likely to increase by Rs2.75 per litre
OGRA prepares proposals aimed at increasing profits of oil companies and petrol pumps
Political consensus, implementation of IMF program stressed in Pakistan
Bank describes energy sector as 'serious threat' to Pakistan's economy
Federal cabinet ends contracts with 5 IPPs to reduce electricity costs
Move expected to save consumers Rs60bn annually, reduce Rs411bn burden on national treasury
Oil edges up on Middle East conflict, supply outlook limits gains
Investors weigh conflict, potential disruption in crude flows against amply-supplied global market
Electricity prices set to increase for Karachi consumers
K-Electric submits request with NEPRA for fuel price adjustment for August
Minister highlights need for reforms and green energy projects
Owais Leghari says government taking important steps to enhance electricity sector’s efficiency
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