Aftab Maken ISLAMABAD: Pakistan’s southern districts recorded the highest temperature of 47°C, with Sakrand, Shaheed Benazirabad, and Dadu emerging as the hottest areas, as intense heatwave conditions continued across much of the country. According to the latest weather outlook, most regions are expected to experience hot and dry conditions, while …
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–Govt increases petrol and diesel prices for one week as global oil markets react to Strait of Hormuz disruptions BeNewz Report ISLAMABAD: The government on Thursday raised petroleum product prices, increasing high-speed diesel by Rs19.39 per litre and petrol by Rs 6.51 per litre for a one-week period amid rising …
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–Lower prices and rising costs squeeze margins in 9MFY26 Aftab Maken ISLAMABAD: The Oil and Gas Development Company (OGDC) reported an 11% decline in profitability for the nine months ended March 31, 2026, as production curtailments, falling realized prices, and rising costs weighed heavily on earnings. The company posted a …
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–Higher costs and lower volumes weigh on margins BeNewz Report KARACHI: Pakistan State Oil reported a modest increase in profit for the six months ended December 31, 2025, despite a decline in sales and mounting cost pressures, according to its latest financial statement. Pakistan State Oil posted profit after tax …
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–Regulator hears plea to raise power tariff by Rs 0.27 BeNewz Report ISLAMABAD: Power regulator–National Electric Power Regulatory Authority (NEPRA)– on Monday held a hearing on a request to increase electricity prices by Rs 0.27 per unit under the monthly fuel adjustment for March, as cost pressures in the energy …
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Aftab Maken ISLAMABAD: Pakistan is facing a severe natural gas crisis as the national shortfall has surged beyond 600 million cubic feet per day (MMCFD), severely affecting households, electricity generation, and industrial operations across the country. According to official and industry sources, the supply gap in the system operated by …
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–Govt moves to scrap fees, licensing for 25kW systems Aftab Maken ISLAMABAD: The Power Division has formally requested a policy reversal to ease restrictions on small-scale solar users, following directions from Sardar Awais Ahmed Khan Leghari. In a communication to National Electric Power Regulatory Authority, the division urged the removal …
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–Govt also raised the petroleum levy on petrol Aftab Maken ISLAMABAD: Despite an increase in the petrol and high-speed diesel prices, a significant reduction in the rates of kerosene oil, light diesel, and jet fuel has been announced in a revised pricing decision effective from midnight. Following the increase in …
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BeNewz Report ISLMAABAD: The Ministry of Energy (Petroleum Division) on Friday announced a significant increase in petroleum product prices for the upcoming week, effective April 25, 2026. According to an official press release, the price of High-Speed Diesel (HSD) has been raised by Rs26.77 per litre, taking it from Rs353.42 …
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–OQ Trading emerges lowest for Mid-May delivery Aftab Maken ISLAMABAD: Pakistan LNG Limited has completed the evaluation of bids for its latest liquefied natural gas (LNG) procurement tender, with multiple international suppliers competing to provide cargoes for late April and early May deliveries. According to the evaluation report issued under …
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