Pakistan’s energy quagmire: Subsidies, debt, and the quest for sustainability
Annual expenditure on power subsidies reaches alarming PKR 0.58 trillion in FY2024
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POWER
Nepra jacks up power tariff by Rs1.15 per unit
Approved increase is applicable for the next three months, extending until March 2024
Power consumers brace for additional burden as operational cost rise
CPPA aims to impose monthly operational fee of Rs 4.96 per unit
Oil prices rally on robust US inventory draw, Fed's positive economic signals
Brent, WTI Futures rise on larger than expected crude withdrawal
Nestlé powers Rs2bn renewable energy investment in Pakistan
Company inaugurates 2.5MW solar power plant, worth Rs480 million at Kabirwala Factory
Govt seeks price hike of Rs1.72 per unit for K-Electric consumers
Increase of Rs1.25 per unit sought for Jan to March quarterly adjustment, 47 paisas for Oct to Dec
Massive increase in gas tariff on the cards
SSGC demands increase of Rs226.18 in gas price for Sindh, Balochistan
Govt employees face massive blow as free perk ends
This applies to all active employees in Grade-17 and above
Oil prices surge amid Middle East unrest as geopolitical tensions mount
Brent Crude futures rose by 0.4% to $79.16 per barrel
Karachi industrialists plan shutdown on Dec 4
They demand govt to reduce gas tariff
NEPRA approves K-Electric's revised tariff, mandates Rs 3 per unit recovery
The decision is forwarded to the federal government for formal notification
Oil prices rebound as OPEC+ prepares for crucial meeting on production cuts
Anticipation builds for OPEC+ decision amidst supply-demand concerns
Global crude oil prices dip further
Price of Russian oil per barrel falls below $60 in international market
GCI, Bboxx launch clean cooking initiative in Pakistan
Clean cooking is crucial for enhancing health and reducing carbon emissions
NEPRA seeks electricity price hike by Rs3.53 per unit
Application approval to burden consumers with additional Rs40bn, not applicable to KE
PPL discovers gas reservoirs in Sindh
Well exhibited flow of 13.69 million standard cubic feet per day of gas
Global oil prices slide on surging US supply
Brent futures slid 72 cents to $80.46 a barrel
Gas to become as scarce as ever in winter & load shedding hours can stretch beyond
Crisis stems from uncertainties surrounding arrival of scheduled LNG cargo from Azerbaijan
Reko Diq: Foreign investment fuels hope for Balochistan's economy
Reko Diq Project is anticipated to provide employment opportunities for roughly 7,500 individuals
Israel-Hamas escalation can drive oil prices up to Rs45,000 per barrel
Repercussions of conflict continue to affect global economy
Govt announces gas load-shedding hours in winter
Govt announces no more new domestic gas connections
KE consumers paid over Rs19 billion in six months
Consistent rise in extra charges has led to mounting concerns among consumers
Gas price likely to see up to 300% hike next week
Final decision to be taken in ECC meeting scheduled in next few days
Govt assures of smooth gas supply to every sector
Two additional LNG cargoes procured to meet gas needs
Hydropower generation increased in first quarter of fiscal year
WAPDA hydropower plants provided over 15bn units to national grid, 1.78bn more than last year
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Earthquake tremors felt in Lahore, several Punjab districts
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Local holiday announced on June 8
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Gold price in Pakistan rises again after dip
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Zahir Jaffer's death sentence upheld in Noor Mukadam murder case
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Aamir Khan set to marry Gauri Spratt on July 5
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MG Pakistan launches 0% markup financing offer
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Tourists advised against Azad Kashmir travel from June 5
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Pakistan may need IMF support again, requires $123bn financing
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Pakistan’s trade deficit jumps 17.48% to over $34.75bn
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UAE announces public holiday on 1st Muharram
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