The government has prepared a major action plan to address Pakistan’s ongoing gas crisis. The initiative comes as authorities seek urgent reforms in the energy sector. Prime Minister Shehbaz Sharif has directed stronger institutional coordination. Officials said the plan aims to improve gas supply, pricing, and demand management. Under the plan, a National Coordination and […]
energy sector Pakistan
Pakistan’s refineries report of approximately Rs24 billion in April 2026
Pakistan’s oil refineries sector has come under severe financial strain, reporting losses of approximately Rs24 billion in April 2026 amid changing pricing formulas, capped margins, and rising import-related costs. Industry stakeholders say the revised diesel pricing mechanism has significantly distorted returns and pushed refineries toward unsustainable operations. Read More: US sanctions Chinese refinery over Iran ties […]
Zardari invites Chinese firm to invest Pakistan
Pakistan and China have discussed expanding investment cooperation in energy, industry, agriculture, and alternative technologies. The talks were held during President Asif Ali Zardari’s meeting with the CEO of Hangzhou Jinjiang Group in China. The discussions focused on strengthening economic ties and attracting new foreign investment. President Zardari invited the Chinese company to increase its […]
OGDCL breakthrough as Pasakhi-13 boosts output
State-owned Oil and Gas Development Company Limited (OGDCL) has started oil production from Pasakhi-13 well in Hyderabad. The milestone marks Pakistan’s first successful horizontal oil well using advanced drilling technology. The development is expected to strengthen energy supply and support the national economy. The well is currently producing 460 barrels of oil per day, according […]
Pakistan discovers biggest oil and gas reserves in Kohat 2026
Oil and Gas Development Company Limited (OGDCL) has announced a major discovery of oil and gas reserves in Kohat district, Khyber Pakhtunkhwa, calling it the largest find of 2026. The company stated that the discovery represents a significant milestone for Pakistan’s energy sector and could boost domestic production considerably. According to a notice submitted to […]
Electricity prices may drop by up to 72 paisa per unit
Electricity prices in Pakistan are likely to decline by up to 72 paisa per unit under the monthly fuel adjustment mechanism, offering potential relief to consumers amid high energy costs. According to official sources, the National Electric Power Regulatory Authority (Nepra) is set to take up a petition filed by the Central Power Purchasing Agency […]