Tuesday , July 21 2026

Energy

Petroleum levy increased, public deprived of expected POL price cut

Aftab Maken ISLAMABAD: It was a chilly morning in Islamabad when, on January 15, 2026, the Ministry of Energy (Petroleum Division) issued a press release. The announcement stated that for the next fortnight starting January 16, the prices of petrol and high-speed diesel would remain exactly the same as they …

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Further drop in POL prices likely

Aftab Maken ISLAMABAD: Pakistani consumers may soon enjoy additional relief at the pumps as petroleum product prices are poised for another reduction starting January 16, 2026. This follows a significant cut implemented at the beginning of the year, driven by declining global crude oil prices and a relatively stable Pakistani …

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PM approves removal of secretary petroleum Momin Agha amid policy disputes

Aftab Maken ISLAMABAD: Prime Minister Shehbaz Sharif has removed Federal Secretary Petroleum Division Momin Agha from his post, directing him to report to the Establishment Division as Officer on Special Duty (OSD). The notification was issued by the Establishment Division following the premier’s approval. Momin Agha, a Grade-22 officer of …

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NEPRA slashes national average electricity by 62 paise for 2026

BeNewz Report ISLAMABAD: For millions of electricity consumers, the National Electric Power Regulatory Authority (NEPRA) has reduced the national average uniform electricity tariff by 62 paise per unit for the calendar year 2026 (January to December), bringing it down to Rs 33.38 per kWh from the previous Rs 34.00 per …

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No gas price hike for next six months

Aftab Maken ISLAMABAD: The 12th meeting of the National Assembly Standing Committee on Petroleum, chaired by Syed Mustafa Mehmood, reviewed significant developments in the gas and LNG sector, with Federal Minister for Petroleum Ali Pervaiz Malik highlighting major reforms and consumer relief measures. The Federal Minister informed the Committee that …

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New Year gift: Petrol and Diesel prices drop, LPG hikes

BeNewz Report ISLAMABAD: As Pakistan ushers in the New Year, citizens have received a blend of relief and burden on the fuel front. The federal government has announced a significant reduction in the prices of petrol and high-speed diesel, providing much-needed respite to motorists and transporters amid fluctuating global oil …

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CCoE approves integrated energy planning, power market reforms

Aftab Maken ISLAMABAD: The Cabinet Committee on Energy has approved a landmark decision to introduce integrated, long-term energy planning, ending decades of fragmented federal and provincial policymaking in the power and energy sector. Under the decision, energy requirements, consumption trends, and production planning of both provincial and federal governments will …

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Major overhaul of net metering policy through new regulations floated

Aftab Maken ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA), acting on government directions, has prepared a draft proposing sweeping changes to Pakistan’s net metering framework that would significantly reduce the benefits for solar prosumers. Under the proposed rules, the allowable solar system capacity, contract duration and the rate paid …

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Petroleum minister engages industry stakeholders on reforms

BeNewz Report ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik on Wednesday met with representatives of the Oil Marketing Association of Pakistan (OMAP) and the Oil Companies Advisory Council (OCAC) to review industry proposals aimed at strengthening and modernizing Pakistan’s petroleum supply chain. During the meeting, industry leaders shared a …

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PD reviews winter plan as OGRA cuts tariffs for FY26

Aftab Maken ISLAMABAD: The Petroleum Division has stepped up preparations to manage winter gas demand, with Federal Minister for Petroleum Ali Pervaiz Malik chairing a high-level meeting to assess the load-management strategies of SNGPL and SSGC. The minister said the Prime Minister had directed the division to ensure households receive …

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