New pacts with 18 IPPs likely in six months
The government on Tuesday put on record that it had reached an agreement with bagasse-based power plants for tariff cuts and would take four to six months to revise power…
SIFC moves to address refinery woes
Urges OGRA to follow guidelines on fuel import, local stock utilization The Special Investment Facilitation Council (SIFC) has given a deadline of November 10 to the Petroleum Division for addressing…
China pledges to promote renewable energy use amid green transition
China on Wednesday released a set of guidelines on boosting the use of renewable energy amid efforts to cut fossil fuel consumption in the green energy transition. The guidelines, issued…
Leghari for Enhanced Cooperation with Chinese Energy Companies
Federal Minister for Power Awais Leghari held separate meetings with Yao Huan, Vice-President of Power China, and Ni Zhen Deputy Secretary of the Party Committee and General Manager of Energy…
Production starts from a newly discovered oil and gas well in Sanghar
The Baloch-2 well is producing 350 barrels of oil per day and 50 MMSCFD (Million Standard Cubic Feet per Day). Oil and gas reserves discovered at the Baloch-2 well in…
Unveiling the Potential of Strategic Cooperation between Russia and Pakistan
The first-ever Pakistan-Russia Trade and Investment Forum held in Moscow marks a momentous chapter in the evolving economic ties between these two nations. Bringing together a 60-member Pakistani business delegation,…