Petroleum Pricing Committee resolves to continue reforms to encourage greater competition in fuel supply chain
ISLAMABAD – The Committee on Petroleum Pricing chaired by Federal Minister for Petroleum Ali Pervaiz Malik, met to review the petroleum pricing framework and deliberate on measures to make fuel pricing more transparent, predictable while protecting…
PLL Board rejected the LNG spot bid for Sept 5 &8
ISLAMABAD: Pakistan has rejected the sole bid for an emergency liquefied natural gas cargo sought amid disrupted supplies from Qatar because the offer was higher than expected, a petroleum ministry official said on Tuesday. State-owned Pakistan LNG…
OGDC, US Energy Technology Company Baker Hughes Sign Contract to Boost Oil and Gas Production from Mature Assets
ISLAMABAD, September 01, 2026: Oil and Gas Development Company Limited (OGDC), Pakistan’s largest exploration and production company, has signed a contract with Baker Hughes, a leading US energy technology company, to deploy Mature Assets Solutions (MAS)…
Qaiser Ahmed Sheikh Calls for Learning from ‘Shanghai Spirit’
ISLAMABAD – Federal Minister for Board of Investment Qaiser Ahmed Sheikh has called for greater focus on peace, economic cooperation, dialogue and development, saying that Pakistan should learn from the “Shanghai Spirit” of cooperation and peaceful…
SECP Probe Leads to FIA Case over Alleged Multi-Billion-Rupee Irregularities at Unity Foods
ISLAMABAD: An inspection and subsequent actions including initiation of investigation proceedings by the Securities and Exchange Commission of Pakistan (SECP) into Unity Foods Limited has led to the registration of a criminal case by the Federal…
44 Graduates Complete MariEnergies Digital Skills Bootcamp Programme
KARACHI — MariEnergies Limited and xLoop Digital celebrated the graduation of Cohort I of the Mari Digital Skills, Training & Employment Program at a ceremony held at xLoop Digital’s Karachi office.The five-month programme trained 44 young people…
Up to $6.9 per mmbtu reduction Aug RLNG tariff
ISLAMABAD – The Oil and Gas Regulatory Authority (OGRA) announced a month-on-month decrease in Re-gasified Liquefied Natural Gas (RLNG) prices, effective August 1. The new rates are calculated based on a single LNG cargo imported by Pakistan State…
All Refineries to Sign $6 Billion Ugradation Agreement
KARACHI: August 28,2026 Karachi: August 28: Federal Minister for Petroleum Ali Pervaiz Malik held meetings with the managements of Pakistan’s five oil refineries, Pak Arab Refinery Limited (PARCO), Pakistan Refinery Limited (PRL), National Refinery…
SECP Removes Barriers to Opening Stock Market Accounts
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced a unified digital investor onboarding framework to make entry into Pakistan’s capital market faster and easier by reducing repetitive verification, simplifying…
PC Board Prequalifies 10 Interested Parties for FESCO Privatisation
The Privatisation Commission (PC) Board, at its 258th meeting held today, approved the prequalification of Interested Parties (IPs) for the privatisation of FESCO. The meeting was chaired by Mr Muhammad Ali, Adviser to the Prime Minister on Privatisation…
