Public Sector DISCOs Bleed Rs397bn from Exchequer as Losses, Weak Recovery Persist

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By SKM February 25, 2026 ISLAMABAD: Pakistan’s public sector power distribution companies (DISCOs) inflicted a massive Rs397 billion blow to the national exchequer in FY 2024–25,...

$6bn Refinery Upgrade Frozen: Govt Pushes Policy Fix for Approval of Visiting IMF Mission

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By SKM February 25, 2026 ISLAMABAD: Pakistan’s petroleum authorities have proposed key amendments to the Brownfield Refinery Policy 2023 in a last-ditch bid to revive a...

OGDCL earns Rs73bn, announces record Rs7.75 dividend despite output curbs, Feb23

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By SKM February 23, 2026 ISLAMABAD: Oil & Gas Development Company Limited (OGDCL) on Monday posted a profit after tax of Rs73.02 billion for the half...

OGDC announces oil and gas discovery at Baragzai X-01 in Kohat, Khyber Pakhtunkhwa

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By SKM February 20, 2026 ISLAMABAD: Oil and Gas Development Company Limited (OGDC), Pakistan’s leading exploration and production company, on Friday announced a significant oil and...

Rs12.1bn Relief Extended to Industry Under Surplus Power Package in Two Months

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By SKM February 20, 2026 ISLAMABAD: The Power Division has released a two-month performance review of its three-year Industrial Surplus Power Package, reporting that industries received financial...

OGDC strikes 9.7 MMSCFD gas at Dars West-3 Well in Sindh

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By SKM February 19, 2026 ISLAMABAD: Oil and Gas Development Company Limited (OGDC) has announced a significant gas and condensate discovery at its Dars West-3 well...

Leghari clears net metering backlog, 5,165 applications to be processed under old rules

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By SKM February 19, 2026 ISLAMABAD: In a decisive move aimed at ending uncertainty for renewable energy consumers, Sardar Awais Ahmad Khan Leghari, Federal Minister for the...

Govt set to engage IMF mission for end of off-the-grid levy after Rs100bn loss...

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By SKM February 17, 2027 ISLAMABAD: The government is set to raise with the International Monetary Fund (IMF) mission, arriving on February 25, the controversial off-the-grid...

Awais Leghari directs to ensure uninterrupted power supply during Ramadan

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By SKM February 17, 2026 ISLAMABAD: Federal Minister for Power Division Awais Leghari has issued directives to ensure uninterrupted and hassle-free electricity supply during Sehri and...

 APTMA asks govt to hike in 11kV limit to 10MW to cut Rs600m cost

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By SKM February 17, 2026 ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has called on the government to raise the 11 kV load limit for...

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