Pakistan State Oil Receivables Surge to Nine Hundred Eight Billion Rupees
Pakistan State Oil faces worsening liquidity challenges as outstanding receivables climb to nine hundred eight point seven billion rupees led by SNGPL dues.
Federal Government Shifts Petroleum Pricing Mechanism to OGRA for Daily International Market Alignment
Minister for Petroleum Ali Pervaiz Malik announces the federal cabinet decision to transfer domestic fuel price setting authority to OGRA on a daily basis.
World Bank Approves Three Hundred Seventy-Five Million Dollars to Upgrade Pakistan Power Grid for Renewable Energy
The World Bank approves 375.9 million dollars for Pakistan Grid Stability Enhancement Project to upgrade infrastructure and integrate clean energy.
Aurangzeb Highlights Major Oil and Gas Milestones in Budget Presentation
Pakistan attracts over one billion dollars in energy sector investments alongside twenty-four new offshore blocks awarded and seventeen hydrocarbon discoveries.
Finance Minister Muhammad Aurangzeb to Head High Powered Panel Investigating Massive Oil Company Windfall Profits
Prime Minister Shehbaz Sharif has established a high-level committee to investigate seventy-two billion rupees in alleged windfall profits made by oil marketing companies.
Oil And Gas Development Company Announces Nine Month Results For 2026 As Net Profit Reaches 115.26 Billion Rupees
OGDC Reports An 11 Percent Decline In Consolidated Net Profit For The Nine Months Ended March 31 2026 Despite Significant Tax Relief And Growth In Associate Profits.
OGDCL Secures Tenth Circular Debt Installment of Rs 7.725 Billion to Boost Energy Sector Liquidity
Oil and Gas Development Company Limited receives its tenth monthly installment under the government circular debt settlement plan improving cash flow and financial stability.
Mari Energies Limited Pivots to Growth with 10 Billion Rupee Investment Strategy
Mari Energies Limited shifts capital allocation toward minerals, technology, and emissions mitigation, opting for strategic reinvestment over shareholder payouts in 2026.
K-Electric Appoints Syed Taha as New CEO to Lead Karachi Power Utility
K-Electric has named Syed Taha as its new Chief Executive Officer, effective April 2026, bringing extensive energy sector experience from PSO and Oasis Energy.
Pakistan ECC Approves Strategic IPP Tariff Revisions to Save Billions in Energy Costs
The Economic Coordination Committee approves major tariff renegotiations with 20 power projects including wind and solar plants to reduce circular debt and consumer rates.