Energy

The Oil and Gas Regulatory Authority (OGRA) has approved an increase in gas prices for the current fiscal year. According to OGRA’s decision, an 8.71% increase has been approved for consumers on the Sui Northern Gas Pipelines Limited (SNGPL) network, while a 25.78% increase has been approved for consumers of …

ISLAMABAD: After getting hundreds of billions of rupees in subsidy from the government, to offset the impact of its high energy cost, K-Electric has once again sought the NEPRA nod for the transfer of its Rs 68.85 billion losses to the government or electricity consumers.In their written comments and during …

Aftab Maken The Federal Minister for Petroleum, Dr. Musadik Malik, is currently facing intense scrutiny from influential quarters in Islamabad for a variety of reasons linked to his leadership of the ministry. The recent transfer of an additional secretary from the ministry has further escalated the situation, turning an already …

Secretary Petroleum next in the line of fire The Director General Petroleum Concession (DGPC) has become the first casualty of the controversial framework for the allocation of gas to third parties. The petroleum minister successfully removed the DGPC from his post on Tuesday amid controversy surrounding the implementation of the …

Gunvor Group Expands Footprint with Major Acquisition TotalEnergies Marketing & Services, a significant player in the global energy sector, recently concluded its operations in Pakistan by selling its shares to Gunvor Group, another prominent international company. This transaction marks a pivotal shift in Pakistan’s energy landscape, following the earlier departure …

An annual gas theft of Rs 40 billion has been revealed across Pakistan. During a meeting of the National Assembly’s Standing Committee on Petroleum, chaired by Syed Mustafa Mahmood, the Director General of Gas disclosed that Rs 40 billion worth of gas is stolen annually in the country, with more …

 The production facility at Manzalai, District Karak, has come under gunfire: MOL Special Report A terrorist incident has been reported at one of the exploration sites of MOL, Pakistan in the district of KP, well-placed sources told this scribe seeking anonymity. Chaos erupted at an exploration site operated by MOL, …

Special Report In the last week, the news appearing on local media for taxing the solar system and reducing the prices of net metering units has gripped. The solar system users in Pakistan were in total panic and did not know what the government would do with their installed system …

Mahtab Bashir ISLAMABAD: Lalarukh, a resident of I-10, becomes frustrated by the lingering unpleasant odor that greets her every time she ascends to the rooftop in search of a breath of fresh air. She is expressing dissatisfaction with the city’s industrial nature, which is causing pollution through smoke and water …

The electricity consumers are set to pay capacity payments up to Rs 2.8 trillion during the upcoming financial year 2024-25.The capacity payments account for 70 percent of electricity tariff for the consumers whereas the energy price amounts to 30 percent.These capacity payments are linked with dollar indexation and therefore, these …