Refineries for prioritising local production

ISLAMABAD: Pakistan's oil refineries have warned the regulator that over-reliance on imported fuels without properly prioritising local production will heighten risks to the energy supply chain and may cause disastrous consequen...

Stranded gas, strangled industry

While the current decline in global energy prices would benefit most manufacturing economies, it poses a serious challenge for Pakistan’s export industry. Over the past few weeks, Brent crude has dropped from ~$75 to ~$65 p...

16-Apr-2025 Read More

Turkiye-Pakistan energy ties

For years on end, Turkiye and Pakistan have enjoyed the agency of brotherly relations. Not only have we been historically bound, but we have also streamed rivers into seas with cooperation and partnerships, from cultural to econ...

16-Apr-2025 Read More

Pakistan considers US oil as trade deficit solution

KARACHI: Pakistan is considering importing crude oil from the US for the first time to offset a trade imbalance that triggered higher US tariffs, according to a government source directly involved with the proposal and a refiner...

16-Apr-2025 Read More

Oil, gas output falls on lower demand, field curtailments

KARACHI: Pakistan’s oil and gas production declined by 11 per cent and 7.0 per cent year-on-year (YoY), respectively, during the first nine months of the current financial year. According to a report by Arif Habib Limited, ...

16-Apr-2025 Read More

Consumers to see Rs51.5b power tariff relief

ISLAMABAD: Consumers are set to receive a relief of Rs51.493 billion on account of the third quarter of fiscal year 2024-25, with NEPRA scheduled to hold a public hearing on April 29, 2025, to consider the requests of ex-WAPDA d...

16-Apr-2025 Read More