PSO Cuts Trade Receivables to Rs414.8 Billion as Petroleum Sales Reach Rs2.41 Trillion
Pakistan State Oil reduced trade receivables by Rs22.7 billion in FY26 as petroleum sales increased, while LNG revenues and profitability remained under pressure.
CDA Orders Sealing of Offices of Illegal Itifaq Residencia Scheme
The Capital Development Authority has ordered the sealing of Itifaq Residencia offices in Islamabad over unauthorized development without an approved Layout Plan or NOC.
Ogra Slashes September RLNG Prices by Up to 21.6% on Cheaper LNG Cargoes
Ogra has reduced September RLNG prices by up to 21.6% after cheaper Qatar LNG cargoes lowered the average delivered cost to $10.06 per mmBtu.
PPL Appoints Shahid Khan as Board Chairman for Three-Year Term
Pakistan Petroleum Limited has appointed independent director Shahid Khan as chairman of its Board of Directors for three years under the Companies Act, 2017.
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.
Regulatory Delays and Subsidized LNG Allocations Leave SNGPL with 819 Billion Rupees Deficit
Official documents reveal Sui Northern Gas Pipelines Limited faces an immense fiscal burden due to long-term gas tariff freezes and legacy debt.
OGRA Announces Significant Increase in Liquefied Natural Gas Prices for May 2026 Due to Rising Import Costs
The Oil and Gas Regulatory Authority has updated the consumer pricing structure for imported liquefied natural gas across both major national distribution networks.
Agritech Limited Shuts Down Urea Plant Following SNGPL Gas Supply Suspension
Agritech Limited halts Urea production after flash floods damage SNGPL pipelines, marking the second major operational disruption for the company in recent weeks.
Agritech Limited Shuts Urea Plant Due to SNGPL Gas Suspension After Baka Khel Floods
Agritech Limited halts urea production after Sui Northern Gas Pipelines suspends supply due to flash flood damage in Baka Khel. Gas flow restoration awaited following repairs.
Agritech Limited Restores Urea Production as SNGPL Reinstates Gas Supply to Fertilizer Plant
Agritech Limited resumes operations at its urea manufacturing plant following the restoration of RLNG supply by SNGPL after a temporary Middle East conflict disruption.