Aftab Maken Pakistan has awarded 23 offshore oil exploration blocks in its first bidding round in 18 years, signaling renewed investor confidence and a major step toward enhancing domestic oil and gas output. The Ministry of Energy confirmed that four consortiums — led by state-run Oil and Gas Development Company …
Read More »
Aftab MakenISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday concluded hearings on the quarterly tariff adjustment sought by distribution companies (DISCOs) and K-Electric, with the federal government proposing a Rs0.45 per unit increase in electricity prices for the next three months. The authority, chaired by Waseem Mukhtar, reserved …
Read More »
Finance Ministry notifies new fuel prices nationwide, effective from November 1. Aftab Maken ISLAMABAD: The Finance Ministry has issued a notification increasing petroleum product prices across Pakistan while reducing the rate of liquefied petroleum gas (LPG). The new POL prices take effect from November 1, 2025. Petrol has been raised …
Read More »
Aftab Maken The government is expected to increase petroleum prices by up to Rs 2.34 per litre for the next fortnight, effective from November 1, 2025, in line with fluctuations in global oil markets. According to official estimates, the price of petrol is projected to rise by Rs 1.48 per …
Read More »
Aftab Maken ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has reviewed K-Electric’s Multi-Year Tariff (MYT) for 2024–2030 to correct structural flaws that risked creating an unnecessary financial burden on the national budget and giving the private power utility advantages not available to other electricity distribution companies (DISCOs). Power experts …
Read More »
Electricity rates for additional units reduced; production costs expected to fall Aftab Maken Federal Minister for Energy Sardar Awais Ahmad Khan Leghari announced that the government has decided to allocate 7,000 megawatts of surplus electricity to the industrial and agricultural sectors to boost economic productivity. He said both sectors are …
Read More »
Both sides exchange allegations over control claims following reported MoU between Sheharyar Chishty and Saudi Prince Mansour bin Mohammed Al Saud. BeNewz Report KARACHI: The ownership dispute surrounding K-Electric (KE) has intensified as Saudi-based Al Jomaih Power Limited and Pakistan’s AsiaPak Group traded serious accusations over alleged misinformation and attempts …
Read More »
The government reduces petroleum product prices for the next fortnight effective October 16, 2025. Aftab Maken ISLAMABAD: The federal government has announced a reduction in the prices of major petroleum products for the next fortnight, effective from October 16, 2025. The decision was made on the recommendation of the Oil …
Read More »
Aftab Maken ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs25 million on K-Electric Limited (KE) for operational lapses linked to the January 2023 nationwide power breakdown, which left the country without electricity for nearly 20 hours. The regulatory order, follows an extensive inquiry into …
Read More »
Government raises POL prices from Oct 1 following OGRA’s recommendations BeNewz Report The Government has increased petroleum prices for the first half of October 2025, with petrol and diesel rates going up by more than Rs 4 per litre. The revised rates, effective from October 1, follow recommendations by the …
Read More »
BeNewz
