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Energy
Houthi attacks prompt shipping suspensions in Red Sea
Houthi forces claimed responsibility for targeting two vessels in the Red Sea, citing “Israeli links,” prompting additional companies to suspend transit through the waterway.
Government retains petrol price, cuts diesel cost amid IMF review
The caretaker government has opted to maintain the existing price of petrol at Rs 281.34 per litre while implementing a significant reduction in the price of high-speed diesel (HSD) by Rs 7 per litre for the upcoming fortnight.
Biosecurity sovereignty: Modern epidemic solutions
The Forum organized a thought provoking session on biosecurity titled "Biosecurity Sovereignty: Fighting Together or Every Man for Himself?"
Oil’s 7-week upward trend is in jeopardy
Oil prices increased by around a dollar per barrel on Friday on clear signs of shrinking United States production. Despite that, both crude benchmarks looked ready to conclude their longest rally of 2023 on soaring apprehensions regarding…
COMSTECH hosts webinar on co-combustion of coal and biomass for clean electricity generation
COMSTECH organized webinar on “Co-combustion of Coal and Biomass for Clean Electricity Generation”, which was delivered by Prof. Dr. Shahid Munir, chairperson of Punjab higher education commission.
Turkmenistan’s Energy Cooperation amidst Emerging Gas Alliances
Turkmenistan, being an active participant in international energy cooperation, pays great attention to the development of cooperation in the oil and gas sector with various states based on the principles of equal and mutually beneficial…
Enertech Holding of Kuwait Explores Green Energy Collaboration with K-Electric
Karachi, 11 August, 2023 (GNP): Pakistan’s energy landscape is rapidly changing, and clean energy is increasingly taking center stage. At EnerTech Holding, we have been exploring various markets and identifying partners in leading utilities…
Neelum-Jhelum Hydropower project restarted electricity generation
The 969 megawatts Neelum-Jhelum Hydropower Project has restarted electricity generation after a year-long break, following the regeneration of its tail race tunnel, as Water and Power Development Authority (WAPDA) stated on Wednesday.
Energy stocks are surging as oil prices rise 20%
Energy stocks have staged an impressive comeback, surging after a sluggish start earlier this year. During the third quarter, the energy sector of the S&P 500 index outperformed the benchmark, boasting a gain of over 6%.
PM Shehbaz inaugurates Chashma-5 nuclear power plant
Prime Minister Shehbaz Sharif, along with Chinese officials, performed the groundbreaking ceremony the of 1200 megawatts Chashma-5 nuclear power plant in Mianwali. In his address, the Prime Minister assured that the risk of potential…
Saudi Arabia and UAE gear up to invest in Pakistan
Dr. Musadik Malik, the Minister of State of Petroleum announced that the Kingdom of Saudi Arabia and the United Arab Emirates (UAE) are willing to gear up investments in Pakistan.
TAPI to further strenghthen energy security of Pakistan and region
TAPI is a critical component of our government’s vision for ensuring Pakistan’s energy security, bringing economic growth and prosperity to Pakistan and the entire region.
TAPI energy project: Officials from Turkmenistan and Pakistan met in Islamabad
The delegation of Turkmenistan arrived in Islamabad for a two-day visit to discuss the implementation of the TAPI Gas Pipeline Project and the TAP Power Transmission Line Project.
کے۔ الیکٹرک کے جنریشن ٹیرف کی درخواست پر نیپرا کی عوامی سماعت
یہ بات اہم پے کہ اس سماعت اور اس کے فیصلے سے صارفین کو جاری کردہ ماہانہ بلوں کے ٹیرف پر ممکنہ طور پر کوئی نہ ہوگی کیونکہ یہ بل یکساں یا برابرری کی ٹیرف پالیسی کے تحت جاری کئے جاتے ہیں
NEPRA concludes public hearing on K-electric’s generation tariff petition
It is pertinent to note that this hearing and its decision is expected to not have any impact on the consumer tariff charged in monthly bills issued to customers.
ZONERGY Corporation Displayed its Smart Products in South African Market
ZONERGY Corporation displayed its Smart Products at South Africa’s Largest Solar Energy Exhibition
POWERCHINA marks 10th CPEC anniversary, aims at green Pakistan
Gwadar, 10 March 2023 (GNP): The Belt and Road Initiative (BRI), which was initiated by China, will celebrate its 10th anniversary this year, along with the China-Pakistan Economic Corridor (CPEC), which is why POWERCHINA is celebrating its…
Zonergy Corporation excels in exhibition “Solar Pakistan”
Lahore, 10 March 2023 (GNP): Zonergy Corporation, a leading provider of renewable energy storage solutions, participated in the 12th edition of the SOLAR PAKISTAN Exhibition and 5th edition of the Electricity Pakistan Exhibition at Expo…
Zonergy Corporation made Strong Debut at Middle East Energy Dubai 2023
Abu Dhabi, 9 March 2023 (GNP): In the three-day Middle East Energy Dubai 2023, which was formally inaugurated at the Dubai World Trade Center, Zonergy Corporation had an amazing debut. The firm, Zonergy Corporation, presents its Smart…
Litigation threats after Iran claims $18b for IP pipeline
Iran Pakistan gas pipeline issue
Government bans traditional manufacturing of electric fans and bulbs
Government of Pakistan ban on traditional fans and bulbs
Government will charge consumers up to Rs15 per unit for fuel cost
Government charges for fuel consumption
Metal and cement sectors to suffer from high gas prices
Gas price hike in Pakistan
Pakistani economy will survive in 2023
The likely state of Pakistan economy in the year 2023
Largest oil refinery in Pakistan shuts down temporarily
Islamabad, 7 January 2023 (GNP): Due to the US dollar shortage and significant rupee devaluation, Pakistan's largest oil refinery, the Cnergyico refinery, has faced a crude oil shortage and has been closed for approximately a week.
An…
UK, only G7 economy to decline in 2023
London, 31 January 2023 (GNP): The IMF did add, though, that it currently believes the UK economy is "on track" following the Autumn Statement. The UK did better than many expectations last year, according to Chancellor Jeremy Hunt. Instead…
Petrol rate update: new price hike
Islamabad, 30 January 2023 (GNP): Ishaq Dar, the finance minister of Pakistan, in a recent conference, announced that the federal government has raised the cost of gasoline and fuel by Rupees 35. Following the elimination of the informal…
OGRA negates reports of petrol shortage
Islamabad, 24 January 2023 (GNP): The spokesperson of OGRA said in a statement:" Ogra strongly rebuts the speculations on petrol/diesel shortages. Furthermore, ships carrying 101,000 metric tonnes petrol are at berth/outer anchorage. The…
Rupee falls against Dollar
Islamabad, 21 January 2023 (GNP): According to Pakistan Stock Exchange (PSE), the Pakistani rupee dropped by Rps 0.52 (0.23%) to a three and half-month low at Rs229.67 against the US dollar in the interbank market.
Also Read: Major…
Pakistan to import oil from Russia
Islamabad, 21 January 2023 (GNP): After the end of the annual inter-governmental commission between Russia and Pakistan, it was agreed that Russia will export crude oil to Pakistan starting from March this year.
The news was confirmed by…
Textile owners threaten to halt production due to import delays
Islamabad, 20 January 2023 (GNP): Textiles owners on Thursday warned to go on a strike over delays of imported cotton containers at Karachi Port amid the country’s struggle to boost fast-depleting foreign exchange reserves.
All Pakistan…
Power tariff of DISCO increased by Rs4.46 per unit
Islamabad, 18 January 2023 (GNP): The National Electric Power Regulatory Authority (Nepra) has allowed an increase in tariff up to Rs4.46 per unit for quarterly adjustment for the first quarter of the financial year 2022-23.
The tariff…
Reko Diq extraction project to start in 2028
Chaghai, 17 January 2023 (GNP): The Canadian company Barrack Gold has announced the development of Reko Diq, which will begin in 2028. A ceremony was held at the office of Chief Minister’s secretariat on 15 January 2023, where Barrick Gold…
Pakistan Government will not change fuel prices
Islamabad, 16 January 2023 (GNP): Ishaq Dar, Finance Minister of the Pakistan Government, has announced that the prices of petroleum will remain the same as the present and won't increase till February. He said this while addressing a media…
Argentina’s rising prices: Cost of living doubles
Buenos Aires, 13 January 2023 (GNP): According to the recent stats issued by Argentina's economists, it was observed that the country's consumer prices inflated by almost 95 percent during 2022.
This is one of the highest inflation rates…
OGRA allows hike in gas prices
Islamabad, 11 January 2023 (GNP): Oil and Gas Regulatory Authority of Pakistan (OGRA) has allowed Sui Southern Gas Company Limited (SSGCL) and Sui Northern Gas Pipelines Limited (SNGPL), two major gas-providing companies, to inflate gas…
Pakistan Govt. will sell LNG Plants to Qatar
Karachi, 7 January 2023(GNP): Pakistan's government has decided to sell two LNG power plants to raise an estimated $1.5 billion. Previously these plants were to be privatized, however now, the government aims to sell state assets to Qatar…