Energy Sector
Mari Energies Reports Successful Gas Discovery in Balochistan
Mari Energies Limited has announced a gas discovery at the Tibri-1 exploratory well located in the Kalchas South Block of Balochistan’s Dera Bugti district, according…
Massive Net Metering Rise Brings Major Reduction in Power Bills
Pakistan’s solar net metering has reached its highest level to date, easing fuel cost pressure on millions of electricity consumers. Power companies confirmed that strong…
Govt Cancels Expensive IPP Contracts, Saves Rs. 3.6 Trillion
In a major development aimed at reducing the financial burden on Pakistan’s power sector, the government has cancelled and renegotiated costly Independent Power Producer (IPP)…
Gas Prices Likely to Rise in Sindh and Balochistan
As winter draws near, residents of Sindh and Balochistan may soon face higher gas bills, with the Sui Southern Gas Company (SSGC) seeking approval from…
OGDCL Receives Rs7.73 Billion from PHL Under Circular Debt Plan
The Oil and Gas Development Company Limited (OGDCL) has received another Rs7.73 billion instalment from Power Holding (Private) Limited (PHL), marking continued progress in the…
Pakistan’s Power Generation Up 0.8% in September 2025
Pakistan’s electricity generation increased by 0.8% year-on-year in September 2025, reaching 12,592 GWh, compared to 12,487 GWh in the same month last year, according to…
Saudi Prince Mansour Bin Mohammed Al Saud to Acquire Majority Stake in K-Electric
In a landmark move set to deepen Saudi-Pakistan economic relations, Prince Mansour Bin Mohammed Al Saud has signed an MoU with Pakistani investor Shehryar Chishti…
Hackers Leak Egyptian Minister’s Private Video To Stop $35B Gas Deal with Israel
An anonymous group has released a disturbing video reportedly showing a serving Egyptian minister in a sexual video call. The video was accompanied by a…
PEL Buys $60M Assets from Kuwait Firm Leaving Pakistan
ISLAMABAD: An official from the Ministry of Energy stated that a foreign company has initiated its withdrawal from Pakistan’s oil and gas sector by selling…
