Pakistan Petroleum Limited Names Muhammad Mubbashar Siddiqui as Interim Chief Financial Officer
Pakistan Petroleum Limited has appointed Muhammad Mubbashar Siddiqui as its interim Chief Financial Officer following board approval, effective January 22, 2026, replacing CEO Mohammad Khalid Rehman in the CFO role.
Pakistan Approaches World Bank for Refinancing $36bn Energy Sector Debt to Reduce Power Tariffs
Pakistan has approached the World Bank to explore refinancing options for $36 billion in energy sector debt, aiming to replace costly foreign loans with cheaper multilateral financing and reduce electricity prices for consumers.
VIS maintains AAA rating for OGDC with stable outlook, highlighting financial resilience and liquidity
VIS Credit Rating Company reaffirms long-term AAA and short-term A1+ ratings for Oil & Gas Development Company Limited (OGDC), underlining its financial strength, robust liquidity, and key contribution to Pakistan’s energy security and economy.
Kuwait Signals Expansion of Investments in Pakistan’s Energy and Infrastructure Sectors
Pakistan and Kuwait have agreed to deepen cooperation in energy, trade, and investment, with the Kuwait Investment Authority expressing interest in expanding its investment portfolio in Pakistan.
OGDC Strengthens Offshore and Onshore Exploration with Strategic Block Acquisitions
Oil & Gas Development Company Limited (OGDC) secures stakes in one offshore and two onshore exploration blocks, partnering with major domestic and international players to boost Pakistan’s energy exploration landscape.
Nepra Questions DISCOs Over Installation of 4 Million AMI Meters Without Approval
The National Electric Power Regulatory Authority (Nepra) has raised concerns over the installation of four million Advanced Metering Infrastructure (AMI) meters by Pakistan’s distribution companies without prior regulatory approval, highlighting investment, billing, and consumer compliance challenges.
World Bank Conducts Mid-Term Review of $55mn Pakistan Power Efficiency Project
World Bank, EDEIP, electricity distribution, Pakistan energy sector, power reforms, infrastructure financing, HESCO, MEPCO, PESCO, energy efficiency, development projects, power sector investment, project monitoring, mid-term review, financing utilization
Hub Power Unveils Major Energy Expansion with New Oil Terminal, EV Charging Network and Industrial Projects
Hub Power Company has announced an ambitious plan to build a new oil terminal, expand into offshore energy exploration, and roll out Pakistan’s largest EV charging network. The company is diversifying across energy, infrastructure, and electric mobility to address the country’s growing energy and transportation needs.
Fatima Fertilizer Crosses $1 Billion Market Cap Amid Strong Growth and Energy Expansion
Fatima Fertilizer Company crosses the $1 billion market capitalization milestone, driven by strong earnings, stable dividends, and strategic expansion into Pakistan’s energy sector through Fatima Petroleum and other ventures.
Bank Alfalah Partners with Engro Elengy and Engro Vopak Terminals to Strengthen Pakistan’s Energy and Petrochemical Sector
Bank Alfalah has announced a strategic partnership with Engro Elengy and Engro Vopak Terminals, supporting Pakistan’s energy and petrochemical industries with financing solutions that drive growth and sustainability.