–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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Aftab Maken ISLAMABAD: Pakistan is once again facing mounting pressure from global oil market volatility after a sharp rise in diesel import premiums pushed the country closer to a fresh fuel price shock. The country’s largest fuel importer, Pakistan State Oil (PSO), has reported an unprecedented surge in high-speed diesel …
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–Power outages in Karachi reaches to 12 hours daily Aftab Maken ISLAMABAD: As summer heat intensifies across the country, electricity demand has surged rapidly, triggering a fresh wave of power shortages. This would surely push back the poor electricity consumers in 2008-13 situation to face the menace of 12 hours …
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–Pakistan cuts diesel price by Rs32 per litre, offering relief after weeks of volatility, while petrol price remains unchanged BeNewz Report ISLAMABAD: Prime Minister Shehbaz Sharif has approved a Rs 32.12 per litre reduction in diesel prices, bringing the new rate down to Rs 353.43, while petrol prices have been …
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