Pakistan’s refining sector is incurring heavy losses as outdated plants force exports of surplus fuel oil no longer in domestic demand By Salman Khan Karachi: Falling Fuel Oil Demand have Hit Refiners. Pakistan’s refinery industry is facing mounting economic pressure as obsolete technology limits its ability to shift away from low-value fuel oil (FO) production,…
Fuel prices in Pakistan will see mixed adjustments from August 16, 2025, with petrol costs rising slightly while diesel and other products register notable declines, according to projected ex-refinery and ex-depot sale figures. Staff Report Petrol may see modest rise whereas diesel may face sharp fall. Ex-refinery prices for petrol (PMG) are expected to increase…
Sui Southern Gas Company will keep gas supply uninterrupted until midnight August 14–15 to mark Pakistan’s Independence Day. Staff Report Gas supply will remain uninterrupted until August 15. Sui Southern Gas Company (SSGC) has announced that it will suspend its routine gas load management for the night between August 13 and 14, ensuring uninterrupted gas…
A Burkinabe ministerial delegation met Pakistan’s petroleum chief in Islamabad to discuss joint ventures in energy, mining, and petroleum. Staff Report A high-level delegation from Burkina Faso, led by Minister of Energy, Mines, and Quarries Yacouba Zabré Gouba, met Pakistan’s Federal Minister for Petroleum Ali Pervaiz Malik on August 13 to discuss expanding cooperation in…
Staff Report POL posted a 9% QoQ increase in earnings to Rs26.19/share in 4QFY25, taking FY25 earnings to Rs85.19/share, down 38% YoY.Earnings exceeded expectations due to a lower effective tax rate of 25% in 4QFY25, compared to 28% in 3QFY25 and 4QFY24.Exploration costs surged sixfold to Rs11bn in FY25, driven by a dry well, Balkassar…
The Sahiwal Coal Power Plant, operated by Huaneng Shandong Ruyi Pakistan Energy Ltd (HSRPEL), has taken the Central Power Purchasing Agency (CPPAG) and the National Electric Power Regulatory Authority (NEPRA) to court, seeking exemption from the rule requiring coal to be bought at the lowest available market price. The company is asking for approval to…
Fuel prices in Pakistan are expected to drop again from 16 August, offering some relief to motorists and transport operators struggling with high costs. Industry officials say the anticipated reduction is linked to a notable decline in global crude oil prices over the past 11 days. Data shows that US crude (WTI) has fallen by…
The Senate Standing Committee on Power convened at the Parliament House under the chairmanship of Senator Mohsin Aziz, holding detailed discussions on key energy projects, including the 207 MW Madyan and 88 MW Gabral hydropower schemes in Khyber Pakhtunkhwa (KP). KP’s Special Assistant on Energy told the committee that land valued at Rs 5 billion…
Staff Report Islamabad: Federal Minister for Petroleum, Mr. Ali Pervaiz Malik, held a meeting with H.E Mr. Maciej Pisarski, Ambassador of Poland to Pakistan, today at the Ministry of Petroleum. The discussions focused on enhancing bilateral cooperation in the energy sector, particularly in oil and gas exploration and minerals. The meeting emphasized strengthening collaboration between…
Staff Report Pakistan Petroleum Limited (PPL) recently identified a cybersecurity incident involving a ransomware intrusion targeting parts of its IT infrastructure. The event was detected on August 6, 2025, and our internal cybersecurity protocols were immediately activated. Our IT and cybersecurity teams, in collaboration with external experts, took prompt and effective containment measures, including the…
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