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ISLAMABAD: Pakistan’s fuel supply chain remains stable despite rising volatility in global oil markets caused by escalating tensions in the Middle East, a senior government official said on Wednesday. Mosharraf
ISLAMABAD: The government has approved a new mechanism to review petroleum prices on a weekly basis, aiming to shield the oil industry from rising premiums, insurance costs and freight charges
DUBAI / TEHRAN: Escalating tensions in the Middle East have pushed global energy markets to the brink after multiple commercial vessels were struck near the strategic Strait of Hormuz, raising
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, will lead a high-profile business delegation to Jakarta, Indonesia from 14-16 April 2026 to participate in the D-8 Business Conference and the D-8
KARACHI, March 12, 2026: Mohsin Ali Mangi has been appointed as the Managing Director and Chief Executive Officer (CEO) of Pakistan Refinery Limited (PRL), effective April 30, 2026, the company
PARIS / LONDON: The International Energy Agency (IEA) has recommended releasing 400 million barrels of strategic oil reserves, the largest coordinated stock release in its history, to help stabilise global
ISLAMABAD: Pakistan’s fuel supply chain remains stable despite rising volatility in global oil markets caused by escalating tensions in the Middle East, a senior government official said on Wednesday. Mosharraf
ISLAMABAD: The government has approved a new mechanism to review petroleum prices on a weekly basis, aiming to shield the oil industry from rising premiums, insurance costs and freight charges
DUBAI / TEHRAN: Escalating tensions in the Middle East have pushed global energy markets to the brink after multiple commercial vessels were struck near the strategic Strait of Hormuz, raising
ISLAMABAD: In response to growing difficulties in securing petroleum imports due to ongoing geopolitical tensions, the State Bank of Pakistan (SBP) has permitted the import of crude oil and petroleum
LAHORE / PESHAWAR / KARACHI: The recent Rs55 per litre increase in fuel prices has triggered widespread economic ripple effects across Pakistan, driving up transportation costs, pushing food prices higher
LONDON: A sharp surge in global oil prices triggered by the escalating conflict involving Iran has significantly reduced the room for interest rate cuts among emerging market central banks, as
RIYADH: Amid severe disruptions to global oil shipments caused by escalating Middle East tensions, Saudi Arabia has activated a long-standing contingency plan to transport crude oil across the desert to
ISLAMABAD: The mission of the International Monetary Fund (IMF) on Thursday confirmed that it could not reach a staff-level agreement (SLA) with Pakistan on the third review of the country’s
Lahore: Two ships, ARIES with 11,000 metric tons and ATLANTIC with 12,000 metric tons, have docked at Port Qasim. Additionally, two more LPG consignments, ULLSWATER with 3700 tons and MD23
Karachi Sindh Chief Minister Syed Murad Ali Shah chaired a high-level meeting at the Chief Minister’s House to review proposals for the upcoming Annual Development Programme (ADP) as part of
Munich, Germany – 9 May 2025 – Marking two decades of innovation, Solis energized Intersolar Europe 2025 with groundbreaking hybrid energy solutions and intelligent management systems designed to power the
Karachi, May 12, 2025 — In a strong gesture of national solidarity, the Saylani Welfare International Trust has announced a monetary reward of Rs. 2.5 million for each Pakistani Air
KARACHI – Sindh Minister for Energy, Development, and Planning, Syed Nasir Hussain Shah, visited the Institute of Holistic Rehabilitation and Innovation (IHRI) in Karachi on Saturday, where he announced a
KARACHI – In a significant step toward sustainable industrial operations, International Steels Limited (ISL), a subsidiary of International Industries Limited, has successfully commissioned a 6.4-megawatt (MW) solar power plant at
ISLAMABAD – The Executive Learning Centre (ELC) of the Petroleum Institute of Pakistan (PIP) has emerged as a pivotal force in strengthening capacity building across Pakistan’s oil and gas industry.
WASHINGTON: As Pakistan and India stepped back from the brink of escalation, the longstanding Kashmir dispute has once again come into focus, following a ceasefire facilitated by the United States.
ISLAMABAD: Pakistan’s armed forces have announced the successful completion of Operation Bunyanum Marsoos, stating that 26 high-value Indian targets were struck in response to India’s airspace violations and missile attacks
ISLAMABAD: A member of the National Electric Power Regulatory Authority (Nepra) has raised alarm over deep-rooted inefficiencies in Pakistan’s power sector, highlighting Rs69 billion in capacity payments made to underutilised
Energy is one of the most important things in our daily lives. It is the ability to do work or cause change. Without energy, nothing would move, grow, or function. Energy is everywhere — in the food we eat, the sunlight that warms us, and the electricity that powers our homes.
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