Author: Admin

UN Secretary-General António Guterres will visit Pakistan on 9-10 September to express solidarity with the Government and people of Pakistan braving a colossal climate-induced natural disaster caused by unprecedented rains and floods across the country. During the visit, Secretary General Guterres will have meetings with the Pakistani leadership and senior officials to exchange views on the national and global response…

Read More

Global oil demand from gas-to-oil switching could jump by more than 80% over the next six months after soaring prices for natural gas and LNG push more power producers, refiners and industrial users to burn fuel oil and other liquid fuels, according to estimates by Platts Analytics. Refiners, power producers, and major industries will account for 633,000 b/d incremental liquids…

Read More

Indonesia and Pakistan have ample access to sun and wind making these countries uniquely suited to transition to renewable energy. However both of these countries have invested considerably in coal fired energy. These investments and the overall reliance on coal have increased national debt and contributed to high rates of global warming based on carbon dioxide emissions. Pakistan is further…

Read More

The government on Wednesday decided to withdraw the authority of the Oil and Gas Regulatory Authority (OGRA) to decide prices of petroleum products. According to sources, the market will determine the prices of petroleum products starting from November. An important meeting was held under the chairmanship of OGRA Chairman Masroor Khan. The heads of oil marketing companies, petroleum division and…

Read More

Approval of the much-delayed refining policy has now been linked with deregulation, with a top government official seeking input from local refineries for deregulation, which could also mean uneven POL prices across Pakistan. A top government official said that it was high time to deregulate the whole oil and gas sector, including refineries. The deregulation could be in full or…

Read More

Indicative Generation Capacity Expansion Plan (IGCEP) 2030 has focused mainly on adding hydropower into the energy mix at the cost of wind and solar power,” experts said at a consultative session on Utility-scale Renewable Energy Transition in Pakistan, organised by Policy Research Institute for Equitable Development (PRIED). Energy experts said renewables were the only long-term solution to resolve the country’s…

Read More

Amid ongoing protests against inflated electricity bills, the National Electric Power Regulatory Authority (Nepra) has indicated allowing power distribution companies to raise the power tariff by Rs3.39 per unit on account of quarterly adjustments. The fresh increase in electricity rates will put an additional burden of Rs94 billion on consumers who were already making a hue and cry over inflated…

Read More