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.
Category : Energy Sector
Between Darkness and Dry Taps: Pakistan's Dual Crisis
Pakistan faces simultaneous electricity and water shortages, with load-shedding and dry taps affecting millions. The crisis highlights infrastructure failures and governance challenges.
Punjab faces severe heatwave threat during Eid holidays
Punjab is bracing for a severe heatwave during Eid-ul-Adha, with temperatures expected to soar up to 50°C in southern districts. PDMA issues safety guidelines.
KP Govt to Fund Peshawar-DI Khan Motorway via Savings
Khyber Pakhtunkhwa plans to finance the Peshawar-Dera Ismail Khan Motorway using provincial budget savings, with an initial contribution of Rs200-250 billion, avoiding federal delays.
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EDB Urged to Cut Taxes on Lithium Battery Cells
Industry leaders urge the Engineering Development Board to reduce taxes on lithium battery cells to promote electric vehicles and renewable energy storage in Pakistan.
Energy Security Challenges and Solutions in Pakistan
Pakistan faces critical energy security issues including power shortages, reliance on imports, and infrastructure gaps. Explore challenges and policy solutions.
Pakistan Government Maintains Stance on Offloading Policy
The government has reaffirmed its commitment to the offloading policy, ensuring transparency and efficiency in power sector reforms.
Pakistan, AIIB Sign $320.16 Million Loan for N-5 Highway
Pakistan and AIIB signed a $320.16 million loan for reconstructing National Highway N-5 under a resilient recovery framework, enhancing connectivity and trade.
Gold Steady as Markets Await Fed Minutes; Tensions Ease
Gold prices held steady on Tuesday as investors paused after recent volatility, focusing on Middle East developments and awaiting Fed minutes for monetary policy clues.
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Japan Mulls Extra Budget for FY2026 Amid Oil Price Surge
Japan's PM Sanae Takaichi announced plans for a supplementary budget for fiscal 2026 to address rising crude oil prices due to Middle East conflict, as fuel subsidies strain current reserves.
Pakistan Halts New Power Contracts to Cut Energy Costs
Pakistan will stop approving new power generation contracts to reduce energy sector costs and ease public finance pressure, the information ministry announced on Thursday.
Oil prices surge 1% as Trump warns Iran, Hormuz tensions persist
Oil prices rose over 1% after Trump said he won't be patient with Iran, amid ongoing Strait of Hormuz tensions and ship seizures.
UAE accelerates oil pipeline to bypass Hormuz by 2027
The UAE will accelerate construction of a new oil pipeline to double export capacity through Fujairah by 2027, bypassing the Strait of Hormuz amid geopolitical tensions.
Iran eases Strait of Hormuz blockade, allows more ships
Iran's Revolutionary Guards are permitting more vessels through the Strait of Hormuz after a blockade, state TV reports, signaling acceptance of new protocols.
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GCC Sustainability Shifts from Vision to Execution on Projects
Saudi Arabia and GCC nations are embedding sustainability into project delivery, but gaps remain between planning and execution, as highlighted by experts and new frameworks.
Pakistan's fish exports cross $500 million for first time
Pakistan's fish and seafood exports surpassed $500 million for the first time in FY2025-26, marking a record for the maritime sector.
PM Approves Task Force for Waste-to-Energy Policy
Prime Minister approves a task force to create a comprehensive waste-to-energy policy, aiming to address energy shortages and environmental concerns in Pakistan.
PPL Brings Faiz X-1 Well On Stream After Decade
Pakistan Petroleum Limited (PPL) has successfully brought the Faiz X-1 well on stream after a decade, marking a milestone in the country's energy sector.
Pakistan Turkiye Pledge Climate Cooperation
Pakistan and Turkiye have agreed to enhance collaboration on climate change, focusing on renewable energy, afforestation, and disaster resilience.
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Sustainable Energy Policies for Solar Expansion
Experts call for sustainable energy policies to accelerate solar expansion in Pakistan, highlighting the need for regulatory reforms and investment incentives.
PDMA Warns of Above-Normal Temperatures and Rainfall
PDMA issues advisory for Punjab: above-normal temperatures and rainfall expected in May-July, with heatwave conditions from Thursday to May 11.
Pakistan Plans 500MW Floating Solar Project at Keenjhar Lake
Pakistan plans a 500MW floating solar project at Keenjhar Lake, Sindh, to generate clean energy, reduce fossil fuel imports, and support SDGs.
Brent crude holds near $114 as Middle East tensions persist
Brent crude futures eased slightly but remained near $114 a barrel on Tuesday amid ongoing hostilities in the Middle East, particularly around the Strait of Hormuz.
Oil Rallies, Stocks Mixed on Iran War Uncertainty
World shares mixed as oil surges over 3% on Iran war uncertainty. Markets react to Fed meeting, UAE leaving OPEC, and stalled US-Iran talks.
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France's Roadmap to Exit Fossil Fuels by 2050
France has released a comprehensive 14-page roadmap to phase out fossil fuels by 2050, setting targets for transport, buildings, and electricity.
Strait of Hormuz Crisis Disrupts Global Sugar Supplies
The closure of the Strait of Hormuz is disrupting global sugar supplies, with Brazilian mills diverting cane to ethanol as oil prices surge, tightening supply and threatening demand in the Middle East.
Pakistan: 4,700 MW Power Hit by LNG Shortage Amid Iran War
Pakistan says LNG shortages from the Iran conflict have knocked out 4,700 MW of power generation, but hydropower and local gas helped avoid peak-time outages.
Oil Prices Drop After Four-Year High on US-Iran Tensions
Global oil prices fell after reaching a four-year high above $126 a barrel amid concerns that US-Iran escalation could disrupt Middle East oil supply and hurt economic growth.
PIF to End LIV Golf Funding After 2026 Season
Saudi Arabia's Public Investment Fund announces it will stop funding LIV Golf after the 2026 season, citing strategic realignment and macroeconomic conditions.
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Trump Approves Major Canada-US Oil Pipeline 'Keystone Light'
President Trump approves the Bridger Pipeline Expansion, a 650-mile oil pipeline from Canada to the US, dubbed 'Keystone Light', over environmental objections.
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