Energy Update

Welcome to Energy Update

Energy Update, a magazine launched in May 2006 to cater to the burgeoning energy sector of Pakistan. This is the only trade magazine on Energy in our country, and our aim is to become a 'voice of the energy industry.

When Energy Update started out on its journey to become a publication dedicated to the energy sector in Pakistan, it set before itself the high aim of becoming the voice of the energy industry.The magazine focusing on the developments in the global energy sector, with particular interest to Pakistan, and will also be covering developments in the alternate energy, especially CNG/ NGV, of which Pakistan is the largest consumer in the world.

GE Announces Scholarship Award Winner From Pakistan

KARACHI: The country’s overall oil sales plunged by 25 per cent to 16.972 million tonnes during the first 11 months of this fiscal year owing mainly to 57.7pc drop in furnace oil (FO) sales to 2.743m tonnes.

Petroleum Demand Plunges

OIL & GAS DEVELOPMENT COMPANY LIMITED EXTERNAL COMMUNICATION DEPARTMENT

Oil & Gas Development Company Limited (OGDCL) and EME Centre for innovation and entrepreneurship – ICE2 (College of electrical and mechanical engineering) here on Monday 3rd June, 2019 entered in MoU at OGDCL house Islamabad.

Petroleum Prices Touch Highest Ever Mark

ISLAMABAD: Despite a reduction in international crude price, the government on Friday increased the prices of petroleum products by up to 4pc for the month of June.

Patrol Vessel Built With Chinese Help Launched

KARACHI: The Karachi Shipyard and Engineering Works (KS&EW) on Wednes¬day launched a 1,500-tonne state-of-the-art Maritime Patrol Vessel (MPV) built for the Pakistan Maritime Security Agency (PMSA).

Deferred Payment Facility For Oil Imports From Saudi Arabia to Kick In From July: Hafeez Shaikh

Saudi Arabia's promised deferred payment facility to Pakistan for the latter's oil imports will kick in from July under which Pakistan will receive petroleum products worth $275 million every month

New Petroleum Policy On The Anvil, Says PM

ISLAMABAD: Prime Minister Imran Khan said on Wednesday the government was formulating a new petroleum policy to provide incentives to the oil exploration and production (E&P) companies working in the country.

Pakistan’s 30% Vehicles To Go Electric By 2030

Abu Dhabi, May 22, 2019— Despite significant progress in recent years, the world is falling short of meeting the global energy targets set in the United Nations Sustainable Development Goals (SDG) for 2030.

More People Have Access to Electricity Than Ever Before, but World Is Falling Short of Sustainable Energy Goals

No Oil, Gas Reserves Found at KEKRA-1: Petroleum Division

Offshore drilling at the Kekra-1 site near Karachi has found no reserves of oil and gas, according to an official of the Petroleum Division.

Offshore Drilling Near Karachi Coast Completed

ISLAMABAD: Offshore drilling near Karachi coast on Indus G-Block (Kekra-1) has finally been completed after four months of hard work. The drilling was done through a joint venture (JV) of four companies..

Non Issuance of LoI Delays First-Ever LNG Terminal At Port Qasim Special Zone

KARACHI: The Port Qasim Authority (PQA) has failed to issue the required letter of interest (LoI) to the Japanese firm willing to invest $400 million to set up a liquefied natural gas (LNG) terminal at a special LNG Zone under the guidelines of LNG Policy 2011.

GE Drives Regional Supply Chain at Power Partnership Summit

Karachi, May 06, 2019: GE (NYSE: GE) hosted the Power Partnership Summit in Dubai, UAE, convening over 150 representatives of organizations working across the power sector in the Middle East, North Africa and Pakistan.