OGDC Signs Deal With Canada’s Synergetic Oil Tools To Boost Heavy Crude Oil Production
OGDC has partnered with Canada’s Synergetic Oil Tools to deploy Passive Energy Tool technology aimed at improving heavy crude oil production, reducing workovers, well downtime and operating costs.
RLNG Prices Jump 32 Percent In August To Reach Record High Across Pakistan
RLNG prices in Pakistan have increased by 32 percent in August 2026, reaching a record high and raising energy costs for industrial and commercial consumers.
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.