Saturday , June 6 2026

Energy

BP Singapore wins LNG cargo tender at highest price

Aftab Maken ISLAMABAD: Pakistan LNG Limited (PLL) has awarded the lowest evaluated bid for the supply of a spot liquefied natural gas (LNG) cargo to BP Singapore after completing the financial evaluation of bids received under its latest international tender. According to the evaluation report issued by PLL, the tender …

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FIA expands probe into alleged mega corruption case in OGRA

Member Oil, OGRA also summoned BeNewz Report KARACHI: The Federal Investigation Agency (FIA) Anti-Corruption Circle Karachi has intensified its investigation into an alleged mega corruption scandal in the Oil and Gas Regulatory Authority (OGRA), summoning Member Oil Zain-ul-Abideen Qureshi for questioning. According to official documents, the FIA has issued a …

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Scientists develop ‘Rechargeable Solar Battery’

—That stores sunlight as heat for later use BeNewz Report ISLAMABAD: Researchers in the United States have developed a new form of solar energy storage that could reduce reliance on conventional batteries by storing sunlight directly in molecular structures and releasing it later as heat, Oilprice.com reported. A team at …

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DISCOs seek quarterly tariff adjustment relief

BeNewz Report ISLAMABAD: The power consumers are expected to receive relief of around Rs 65 billion under the first quarterly tariff adjustment for calendar year 2026, following a hearing held by the National Electric Power Regulatory Authority (NEPRA). The hearing, chaired by NEPRA Chairman Waseem Mukhtar, reviewed requests submitted by …

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PD avoids major power tariff hike in June

Aftab Maken ISLAMABAD: The Power Division has prevented a projected Rs5 to Rs6 per unit increase in electricity tariffs for June 2026 through emergency fuel management measures and power sector reforms, while consumers may receive relief of up to 20 paisa per unit. The Power Divison said on Sunday that …

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Pakistan LNG imports resume via Hormuz corridor

–Pakistan LNG imports ease energy shortages after Qatari shipments pass Hormuz amid regional tensions and diplomatic coordination with Iran and Qatar BeNewz Report ISLAMABAD: Pakistan LNG imports have resumed after Qatari cargoes successfully transited the Strait of Hormuz under heightened regional maritime tensions. Two liquefied natural gas vessels reached Pakistan …

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POL prices cut by Rs 5 per litre

–The government has announced a Rs5 per litre reduction in petrol and diesel prices, with the revised rates taking effect after midnight BeNewz Report ISLAMABAD: The federal government on Friday announced a cut in petroleum product prices for the next fortnight, lowering petrol and high-speed diesel rates by Rs 5 …

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2nd Qatari LNG cargo enters Strait of Hormuz for Pakistan

BeNewz Report ISLAMABAD: A second liquefied natural gas (LNG) vessel carrying Qatari supply for Pakistan has entered the Strait of Hormuz after receiving special clearance from Iran, offering potential relief to Pakistan’s ongoing gas shortage. Shipping sources said Iran has allowed the passage of a third LNG cargo destined for …

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Qatar LNG shipment heads to Pakistan amid fresh tender

Aftab Maken ISLAMABAD: A Qatari liquefied natural gas (LNG) tanker is moving through the Strait of Hormuz toward Pakistan, offering potential relief to the country’s worsening gas supply crunch amid regional tensions linked to the Iran conflict. Shipping data showed the LNG carrier “Al Kharaitiyat” proceeding at full speed toward …

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