Pakistan is sitting on vast shale oil and gas resources, with new data reaffirming the long-term potential of the Indus Basin.
According to a landmark study by the U.S. Energy Information Administration (EIA) and Pakistan’s Ministry of Petroleum, the country holds an estimated 105 trillion cubic feet (Tcf) of recoverable...
Suggesting a pragmatic, phased-wise, and collaborative approach for the early retirement of coal-fired power plants (CFPPs), experts and energy economists, here at a webinar, have warned that abrupt decisions could jeopardize both energy security and economic stability in the country.
The webinar on “Early Retirement of Coal-Fired Power Plants in...
Experts at a high-level consultative session stressed that Pakistan must urgently develop a comprehensive policy framework to strengthen its domestic solar manufacturing ecosystem amid rising energy demands and growing reliance on imports.
The session was hosted by the US-Pakistan Centre for Advanced Studies in Energy (USPCAS-E) at NUST.
The event marked...
China is reluctant to extend financing to Pakistan for energy projects due to concerns over the country's economic record, security situation and repayment issues.
Sources told The Express Tribune that Pakistani energy companies were seeking financing from China for various energy ventures. However, Sinosure – a state-owned Chinese company that...
Country’s largest independent power producer Hub Power (HUBCO) said on Wednesday it was seeking an extension to $51 million in bank guarantees to protect its coal-fired power plants, a crucial source of stable power amid Pakistan’s rising use of solar.
The guarantees, previously short-term, would now stay in place until...
The government on Tuesday increased the prices of petrol and high-speed diesel (HSD) by Rs5.36 and Rs11.37 per litre, respectively, for the current fortnight (ending July 31), attributing the hike to higher international prices and import premiums.
In a late-night announcement, the Ministry of Finance said the Oil and Gas...
The Power Division is making another attempt to convince the federal cabinet to curtail returns on solar net metering and remove electricity duty on consumer bills being resisted by the provinces.
Speaking at a news conference on Thursday, Power Minister Awais Leghari said he would be presenting a revised plan...
In its continuous drive towards digital transformation, the Oil and Gas Regulatory Authority (Ogra) has launched the second phase of its flagship initiative – digitising Pakistan's oil supply chain.
Building on the successful deployment of an online licensing system and the first phase of digitisation, the oil and gas industry...
The World Bank is likely to provide technical assistance for developing an integrated infrastructure roadmap and socio-economic development plan for Reko Diq and other mining sites in Balochistan.
They said that a World Bank representative has consented to technical assistance plan in a recent meeting of the Non-Lending Technical Assistance...
The government is considering either renegotiating the CPEC project terms or proceeding with payments only if discounts are given. Without that, a fresh plan would be required to clear full dues without deductions, local media reported.
Chinese IPPs and transmission companies have not been paid for some time. The government...
