Author: Admin

Pakistan bears heavy climate burden despite low carbon footprint: PM Shehbaz

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heavy climate burden

Prime Minister Shehbaz Sharif said on Tuesday that although Pakistan contributes less than one per cent to global carbon emissions, it is amongst the most affected by climate change in his address at a United Nations event in Vienna. Speaking on ‘Sustainable Development as a Path to Global Peace and Prosperity’, the PM emphasised that sustainable development must be inclusive and equitable, leaving no one behind. “Development cannot be called sustainable if it excludes millions from the promise of a better life,” he added. Highlighting the disproportionate burden borne by…

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Govt notifies cuts in industrial electricity tariffs by up to Rs4.58/unit, providing relief to businesses

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electricty

Tariff cut from Rs30.80 to Rs26.23 for small industries in B1 category; from Rs30.73 to Rs26.16 for medium-sized industries in B2 category and from Rs31 Rs27 per unit for high-tension industrial consumers in the B3 category; effective from February 2026 The federal government has announced a significant reduction in electricity tariffs for industrial consumers, slashing rates by up to Rs4.58 per unit, providing much-needed relief to factories and businesses impacted by high energy costs. The revised tariffs, effective from February 2026, were officially notified following a ruling from the National…

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OGDC Partners with France’s SNF for Water Injection Systems at Kunnar and Pasakhi Oil Fields

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New-Project56

Project Estimated to Generate USD 460 Million in Revenue Through Enhanced Oil and Gas ProductionISLAMABAD, February 17, 2026: Oil and Gas Development Company Limited (OGDC), Pakistan’s leading exploration and production company, on Tuesday signed a landmark contract with SNF S.A., a French specialty chemical company and world leader in polyacrylamide production, for the installation and operation of advanced Water Injection Systems (WIS) at its Kunnar and Pasakhi oil fields located in Hyderabad district, Sindh. The signing ceremony was held at the OGDC Headquarters in Islamabad, marking a significant milestone in…

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Nepra Protects Existing Rooftop Solar Users, New Net-Billing Rules to Apply Only to Future Installations

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solar-electricity

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has moved to shield existing rooftop solar consumers from financial disruption by proposing an amendment that preserves their current billing arrangements until the expiry of their contracts. In a draft amendment to the Prosumer Regulations, 2026, issued on Monday, the regulator clarified that consumers who installed solar systems under earlier net-metering rules will continue to be billed under the old mechanism for the full term of their agreements. The revised framework will only apply once those contracts conclude. The decision follows directives…

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OGDCL Boosts Oil Output at Kal-03 Well by 1,400%

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New-OGDCL1

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company, has significantly enhanced oil production at its Kal-03 well, recording a massive 1,400% increase in output. The Kal-03 well is located in Chakwal district of Punjab. According to a notice submitted to the Pakistan Stock Exchange (PSX) on Monday, the surge in production follows successful operational interventions aimed at optimising the well’s performance. The development marks a major operational milestone for OGDCL and is expected to contribute positively to the company’s overall production portfolio. Industry…

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