OGRA Orders Local Refineries to Pay 7.1 Billion Rupees to PSO Amid Rising Diesel Import Costs
The Oil and Gas Regulatory Authority directs five Pakistani refineries to compensate PSO with 7.1 billion rupees to manage high diesel premiums caused by regional instability.
OGDCL Announces Major Gas Discovery at Sahito 1 Well in Sindh
Oil and Gas Development Company Limited discovers 17.2 MMSCFD of gas at the Sahito 1 exploratory well in Khairpur, marking a win for Pakistans energy sector.
Pakistan Petroleum Dealers Issue March 26 Deadline for Margin Revision Amid Surging Operational Costs
The Pakistan Petroleum Dealers Association demands an 8 percent margin increase following a sharp rise in fuel prices, warning of potential industry action by late March 2026.
Hamed Yaqoob Sheikh Joins OGDCL Board as Ex-Officio Director Following Ministry Appointment
Oil and Gas Development Company Limited appoints Petroleum Secretary Hamed Yaqoob Sheikh to its board of directors, marking a significant leadership shift in Pakistan’s energy sector.
Pakistan Sees Surge in Low-Consumption Electricity Users Amid Solar Boom, Govt Proposes Tariff Reforms
Federal Minister Awais Leghari highlights rise in electricity consumers using under 200 units due to solar adoption; government proposes tariff restructuring and relief measures for industries and domestic users.