RAWALPINDI: The rising cost of petroleum is accelerating the adoption of electric motorcycles and battery-powered scooters across Pakistan, with sales and demand seeing a significant uptick in the open market. Government employees, ride-hailing riders, delivery workers, and students are increasingly turning to electric bikes as a cost-effective and eco-friendly alternative. Female students, working women, and delivery riders are now a common sight on the city’s streets riding e-bikes, highlighting the growing acceptance of electric mobility. Motorcycle dealers report that electric bikes are available on both cash and instalment plans, with…
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K-P Launches ‘Ehsaas Shajar’ Drive, Aims to Plant One Million Trees in a Day
PESHAWAR: Khyber-Pakhtunkhwa Chief Minister Muhammad Sohail Afridi inaugurated the ‘Ehsaas Shajar’ tree plantation campaign on Monday by planting a sapling at the Khyber-Pakhtunkhwa House in Islamabad, in line with **Imran Khan’s Clean and Green Pakistan initiative. Launched on the third day of Eid and coinciding with Pakistan Day (March 23), the drive sets an ambitious goal of planting one million saplings across the province in a single day—a record for official plantation efforts in K-P. Citizens are encouraged to join at the grassroots level to enhance community participation. Speaking at…
Read MoreMiddle East Conflict Offers ‘Silver Lining’ for Pakistan’s E&P Sector
KARACHI: Escalating tensions in the Middle East have triggered sharp volatility in global energy markets, but the crisis is emerging as a potential opportunity for Pakistan’s exploration and production (E&P) sector, according to a research report. The conflict involving the United States, Israel, and Iran has disrupted key energy infrastructure and supply routes, particularly the Strait of Hormuz, through which nearly 20% of global oil and LNG trade flows. These disruptions have pushed international oil prices sharply higher, with Arab Light crude reaching around $120 per barrel. A report by…
Read MoreMari Energies Signs Deals with Fertilizer Giants to Strengthen Gas Supply
KARACHI: Mari Energies Limited has entered into multiple agreements with leading fertilizer manufacturers—Fauji Fertilizer Company Limited, Engro Fertilizers Limited, and Fatima Fertilizer Company Limited—to enhance gas supply for the agriculture sector, the company announced in a notice to the Pakistan Stock Exchange on Tuesday. The agreements relate to the development of Pressure Enhancement Facilities (PEF) at Daharki, Sindh, a strategic project aimed at improving gas flow and reliability from the Habib Rahi Limestone (HRL) reservoir. According to the company, the PEF project includes debottlenecking of pipelines, installation of compression facilities…
Read MoreK-Electric Appoints Syed Taha as New CEO
KARACHI: K-Electric has appointed Syed Taha as its new Chief Executive Officer (CEO), replacing interim head Adeeb Ahmad, the company announced in a notice to the Pakistan Stock Exchange on Monday. According to the notice, Taha will formally assume charge on April 15, 2026. He currently serves as Managing Director and CEO of Pakistan State Oil, a position he has held since February 2020. Taha brings extensive experience in the energy sector, having previously worked as Executive Director at Oasis Energy, where he led the Program Management Office for Port…
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