Finance Minister Muhammad Aurangzeb confirms Pakistan has 28 days of petroleum reserves and 15 days of LPG cover. Saudi Arabia assures support for alternative oil supply via Yanbu Port amid Strait of Hormuz closure due to Middle East tensions.
European gas prices skyrocketed more than 100% after US-Israeli strikes on Iran disrupted Strait of Hormuz shipping and QatarEnergy halted LNG production, fueling supply shortage fears.
The National Electric Power Regulatory Authority has approved a 35 paisa per unit increase in electricity prices, impacting consumers nationwide. This adjustment is part of the quarterly tariff mechanism.
Shipping through the Strait of Hormuz has nearly halted after Iran attacked vessels, causing supertanker costs to hit record highs and LNG rates to jump over 40%. The conflict has disrupted global energy markets, with Brent crude up nearly 10% this week.
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A recent report reveals that hydropower, nuclear, and coal-fired power plants collectively account for 77% of Pakistan's total electricity generation, highlighting the nation's reliance on these key energy sources.
The Pakistani government has confirmed that the country has sufficient fuel reserves to meet domestic needs, addressing concerns over potential shortages due to global market volatility.
The Oil and Gas Regulatory Authority has instructed refineries to ensure adequate oil reserves due to the Middle East situation, aiming to prevent supply disruptions and stabilize the market.
Federal Minister Ali Pervaiz Malik announced a halt in gas sector circular debt growth, with a Rs15 billion reduction in principal. He outlined energy reforms and foreign investor interest at the Pakistan Governance Forum.
Federal Minister for Power Sardar Awais Ahmed Khan Leghari announced that the first 200MW electricity transaction under the Competitive Market Operations Date regime is set for completion by June, marking a key step in Pakistan's power market reforms.
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Pakistani citizens face severe disruptions in water, electricity, and gas supplies during Ramazan, with no relief in sight despite government promises.
Electricity consumers in Pakistan face a potential one-month increase of Rs1.78 per unit as NEPRA reviews a fuel cost adjustment petition. The regulator also held hearings on tariff restructuring that includes industrial relief and new fixed charges for h
NEPRA's shift from net metering to net billing penalizes rooftop solar users, threatening Pakistan's renewable energy goals and economic stability amid rising circular debt.
Minister for Power Sardar Awais Leghari announced Pakistan will achieve 90% clean energy in power generation by 2034, with 55% already from clean sources in 2024-25. The NA also discussed net billing, circular debt reduction, and polio eradication efforts
The government has introduced a new power tariff structure, leading to increased electricity bills for consumers. This move aims to address fiscal challenges but raises concerns about affordability.
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Prime Minister Shehbaz Sharif has taken notice of NEPRA's new prosumer regulations, directing authorities to review the policy to ensure it supports renewable energy adoption and protects consumer interests in Pakistan.
Despite global energy demand surging, over 1.18 billion people lack electricity access. Satellite data reveals the true scale of energy poverty, with Sub-Saharan Africa most affected. Renewable energy offers hope but faces investment and governance challe
Pakistan's NEPRA is evaluating fixed monthly charges for small electricity consumers after net metering changes, potentially impacting household bills and renewable energy adoption nationwide.
Hunter Malik Kleist in Sisimiut struggles as sea ice fails to freeze, forcing longer voyages to find seals. Arctic warming accelerates, disrupting centuries-old hunting traditions in Greenland.
Pakistan's Power Minister justifies the move to abolish net metering, citing legal compliance, while facing strong opposition and criticism in the Senate over the decision.
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Pakistan's transition to clean energy is crucial for environmental sustainability and economic growth, aiming to leave a healthier planet for future generations.
China's removal of VAT export rebates on photovoltaic products from April 2026 is expected to increase global solar module prices by up to 9%, directly affecting Pakistan's reliance on Chinese imports amid rising raw material costs.
Pakistan's electricity consumers may face a Rs1.41 per unit increase in bills as NEPRA reviews CPPA's FCA petition. The government plans a daytime-specific package to boost consumption and offset solar energy's grid impact.
Pakistan's government reduces electricity tariffs for industries to lower production costs and stimulate exports, while addressing power sector finances and circular debt. The move aims to enhance industrial competitiveness but raises concerns about equit
NEPRA schedules a public hearing on February 6 to discuss Prosumer Regulations 2025, which propose major changes to net metering, including lower buyback rates and reduced contract terms, impacting solar users nationwide.
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National Grid Company of Pakistan deploys emergency teams and monitoring systems to guarantee smooth electricity supply during Lahore's Basant celebrations from February 6-8, 2026, with public urged to follow safety protocols.
A massive explosion and fire at a CNG station in Hyderabad killed an employee, marking the third such incident on the bypass road in two months. The blaze involved an LNG truck and storage room, spreading panic but causing no other direct casualties.
Mari Energies has announced a significant natural gas discovery in the Dera Bugti district of Balochistan, marking a potential boost for Pakistan's energy sector and local economy.
Australian companies express keen interest in Pakistan's Reko Diq copper-gold project, with discussions on bilateral mining cooperation and potential Intergovernmental Agreement.
The government has decided against unilaterally terminating the Asia Petroleum Limited agreement, instead pursuing alternative pipeline use for white oil imports to maintain investor confidence.
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The Sindh government has provided 170,383 Solar Home Systems to households under the Sindh Solar Energy Project, aiming to reach 200,000 homes by 2025 to enhance clean energy access.
