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Category: Highlights

Privatisation Crucial for Reforming DISCOs: Experts Advocate KE Model for Better Governance

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Power-sector

ISLAMABAD: Energy experts are calling for the privatisation of Pakistan’s electricity distribution companies (DISCOs) as a vital step toward their reform. During a consultation organized by the Parliamentary Forum on Energy and Economy, stakeholders discussed the future of DISCOs, emphasizing the need for improved governance and efficiency. National Assembly Speaker Ayaz Sadiq highlighted the challenges posed by high power tariffs,…

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Significant Gas Reserves Discovered in North Waziristan: Shewa-2 Well to Boost Domestic Production by Over 3%

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Mari-Petroleum

KARACHI: Pakistan has made a major breakthrough in its energy sector with the discovery of substantial gas reserves estimated at 351.2 billion cubic feet (BCF) in the Shewa fields of North Waziristan. This new find is expected to contribute 70 million cubic feet per day (mmcfd) to the national grid, increasing the country’s domestic gas production by over 3% daily…

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Aurangzeb Vows Economic Stability Through IMF Deal and Tax Reforms

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Muhammad-Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb reaffirmed on Tuesday that Pakistan is on the right track to achieving macroeconomic stability, emphasizing the importance of securing external financing to finalize the $7 billion IMF bailout package. He stressed the need for structural reforms, warning provincial governments against populist measures like energy subsidies. In a televised address, Aurangzeb highlighted significant economic progress, including…

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OIL AND GAS REGULATORY AUTHORITY

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OGRA

Islamabad, August 31, 2024: The Oil and Gas Regulatory Authority (OGRA) has notified the maximum Price of LPG, effective September 01 2024, as under; Notified LPG Producer prices  Rs. / Ton  Rs / 11.8 kg Cylinder September -2024  ( w.e.f  01-09-2024)    202,691.77 2,391.76 August -2024     195,696.31 2,309.22 Increase / (Decrease)       6,995.46   82.54     Notified LPG…

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Solar Conclave and Technology Excellence Awards

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Solar-Award

Conference underlines maximum exploitation of solar power potential to ensure Pakistan’s energy security Lahore: The concerned energy sector representatives have emphasised greater exploitation of Pakistan’s solar power potential to swiftly transition away from fossil fuel-based electricity production and end acute economic sufferings of masses due to heightened power tariff.They were speaking at a panel discussion held as part of Solar…

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Here’s How to Protect Solar Panels from Rain

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solar

Solar panels have become an increasingly popular choice for both homeowners and businesses looking for renewable energy solutions. However, these panels can be vulnerable to damage, particularly during rainy weather. Without proper care, rain can reduce the efficiency of solar panels and even lead to costly repairs. This article will explore effective ways to protect your solar panels during rainy…

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Bilawal kicks off 200,000 Solar Home Systems distribution drive to benefit deprived families in Sindh

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Bilawal

Chairman of Pakistan Peoples Party, Bilawal Bhutto Zardari, has kicked off the drive to distribute 200,000 Solar Home Systems to disadvantaged families in two districts of Sindh under the World Bank-assisted Sindh Solar Energy Project.A ceremony was held at the Chief Minister House in Karachi to mark the launching of the much-awaited distribution of SHS to the deprived households in…

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Clarification on Diesel Upliftment and Import Situation by OGRA

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OGRA

Islamabad : The Oil and Gas Regulatory Authority (OGRA) has taken note of reports circulating in various newspapers regarding a slowdown in diesel upliftment due to imports allowed to Oil Marketing Companies (OMCs). In response, OGRA wishes to clarify the situation and provide the necessary context for the current developments. Pakistan’s reliance on imported petroleum products requires meticulous planning, often…

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OGDCL Announces Significant Gas Condensate Discovery at Baloch-2 Well in Sanghar, Sindh

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OGDCL

ISLAMABAD, August 30, 2024: Oil & Gas Development Company Limited (OGDCL) on Friday announced a significant gas condensate discovery at the Baloch-2 well, in the exploratory zone of the Sembar Formation located in the Sanghar district of Sindh. This discovery marks the first milestone in Sinjhoro Block from Sembar Formation in the Baloch Development and Production Lease (D&PL) area, under…

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