Punjab Extends Market Closing Time to 9pm, Eases Hours
Punjab government revises business hours, allowing markets open until 9pm, marriage halls till 10pm, and restaurants till 11pm, balancing energy conservation with commercial needs.
Category : Energy Sector
Hot Dry Weather to Prevail in Sindh: Met Office
Pakistan Meteorological Department forecasts hot and dry weather in Sindh for next 24 hours, with very hot conditions in upper districts. Rain occurred in north and northwestern areas.
Pakistan Adds 7 Mango Facilities for China Export
PHDEC registers seven new mango processing and HWT facilities with China's GACC, boosting mango export capacity after 11 years.
OGDCL's Sindh Discovery: A National Opportunity
OGDCL's oil and gas discovery in Sanghar, Sindh, producing 2,000 bpd and 1.1 MMcfgd, signals a major opportunity for Pakistan to reduce energy import dependence and boost economic stability.
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PMD Forecasts Below-Normal Rain, Above-Normal Temperatures
Pakistan Meteorological Department predicts below-normal rainfall and above-normal temperatures for June and the next three months, warning of heatwaves, water shortages, and agriculture challenges.
Pakistan to Hike Fixed Charges on Electricity Bills for Industry
Pakistan plans to increase fixed charges on electricity bills for industrial users to discourage shifting to solar, aiming to recover capacity payments and boost grid consumption.
PSO costly diesel imports amid smuggling surge concerns
PSO imported expensive diesel while smuggled fuel floods market, causing $1.27M loss and displacing local refineries, leading to potential plant shutdowns.
Pakistan Invites Saudi Investment in Maritime Sector
Federal Minister Junaid Anwar Chaudhry invites Saudi Arabia to invest in Pakistan's maritime sector, highlighting opportunities in ports, logistics, and blue economy.
OGDC discovers oil and gas in Sanghar district
Oil and Gas Development Company Limited (OGDC) has discovered oil and gas from its Bobi Deep-1 well in Sanghar district, producing 2,000 bpd oil and 1.1 MMscfd gas.
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PMD Warns of Below-Normal Rain, Above-Normal Temperatures
Pakistan Meteorological Department warns of below-normal rainfall and above-normal temperatures in June and beyond, raising concerns over heatwaves and water shortages.
Oil Surges as US Strikes in Iran Hinder Peace Deal Hopes
Oil prices rose over 2% on Tuesday as new US strikes in Iran dampened optimism for an imminent peace deal, while global stocks showed mixed performance.
Oil price surges 3% as US strikes on Iran fuel deal uncertainty
Brent crude rose 3% after US strikes in Iran, adding to uncertainty over a peace deal to reopen the Strait of Hormuz and restore oil flows.
Greek Tanker Explosion Off Oman Coast, Crew Safe
A Greek-owned oil tanker, Olympic Life, reported an external explosion off Oman's coast. The crew is safe, but some fuel leaked. Cause unknown.
Pakistan Plans Oil Reserves, Storage Push Amid Hormuz Risks
Pakistan aims to boost domestic crude and product storage to enhance energy security, given its heavy reliance on Strait of Hormuz imports and lack of strategic reserves.
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Global Fertilizer Prices to Surge 30% in 2026
Oxford Economics reports global fertilizer prices will rise over 30% in 2026, with urea climbing faster, due to Strait of Hormuz disruptions, impacting farmers and food security.
European gas prices drop on Hormuz reopening hopes
Europe's benchmark natural gas contract fell about 5% after Iran signaled a US peace deal could reopen the Strait of Hormuz for shipping.
US needs years to replenish weapons stockpiles after Iran war
Analysis says US needs at least three years to replenish key weapons used in Iran war, creating vulnerability in potential conflict with China.
Six Killed in Karakoram Highway Car Plunge
A tragic road accident on the Karakoram Highway in Lower Kohistan claimed six lives when a passenger car fell into a deep ravine near Taris Banda. Rescue teams recovered the bodies after a three-hour operation.
Pakistan Launches Rs1.424 Trillion Diamer-Bhasha Dam Power Project
The federal government will initiate a Rs1.424 trillion project for Diamer-Bhasha Dam's power generation facilities in FY2026-27, with an initial allocation of Rs500 million in the PSDP.
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GO Pakistan Boosts Sapling Distribution to 600,000 in 2025
GO Pakistan's Sarsabz Project scales up sapling distribution from 50,000 in 2019 to 600,000 in 2025, expanding nurseries and green cover across multiple regions.
Water Tanker Mafia Exploits Karachi Residents
Karachi's water tanker mafia charges exorbitant prices, exploiting residents amid severe shortages. Authorities must act to regulate services and ensure fair distribution.
Oil Prices Dip Amid US-Iran Peace Talks Caution
Oil prices fell on Tuesday after sharp gains, as markets remained cautious over US-Iran peace talks. Brent crude lost 0.79% to $94.23, while WTI fell 0.92% to $91.31.
Punjab Cabinet Approves New Electricity Duty Rules 2026
The Punjab cabinet has approved the Punjab Electricity Duty Rules 2026, imposing a 4 paisa per unit duty on industrial and commercial consumers using private generators and solar systems above 500 KVA, exempting domestic users. Expected annual revenue of
Rawalpindi-Kahuta road project stalls, only 1km built
Despite Rs23.84 billion allocation, the dualisation of Soan Camp-Model Town-Kahuta Road has only progressed 1km in 11 months, causing severe traffic congestion.
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Karachi K-IV Water Project Delayed, May Complete by 2029
The K-IV water project for Karachi, conceived two decades ago, faces delays and cost overruns. Completion is now expected by 2029, with key pipeline contracts pending.
Pakistan's Power Sector: From Policy Chaos to System Redesign
Pakistan's power sector faces volatility but reforms like tariff transparency, demand management, energy storage, and industrial integration signal a shift toward a sustainable, resilient system.
Global Economic Reset: Energy Crisis Reshapes World Order
The world economy faces a structural reset as the Ukraine-Russia war and Middle East conflict disrupt energy markets, supply chains, and global trade, with severe implications for Pakistan.
KP Govt Allocates Billions for Power in Tribal Districts
Khyber-Pakhtunkhwa government allocates billions for electricity transmission in merged tribal districts, aiming at mainstreaming and creating jobs through industrial and tourism development.
Iran War Boosts Synthetic Jet Fuel Sector in Europe
The Iran war is driving European interest in synthetic jet fuel, with industry experts seeing a stronger business case for e-SAF, though production still lags behind targets.
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Breakthrough in Talks with Chinese IPPs: Awais Leghari
Minister Awais Leghari announces a major breakthrough in negotiations with Chinese independent power producers, aiming to reduce electricity costs and improve energy security in Pakistan.
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