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Energy

OGDC’s profit down 11% in 1HFY26 amid lower sales

Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P) company,...

Published 23 Feb, 2026 11:02am

Energy

Goldman Sachs raises oil price forecast for Q4 of 2026

In a note dated Sunday, the bank said it expects OPEC+ to begin gradually increasing production in the second quarter of 2026

Published 23 Feb, 2026 10:59am

Energy

Oil drops amid Iran nuclear talks, US tariff uncertainty

Brent crude futures slid 76 cents, or 1.06%, to $71 a barrel
US West Texas Intermediate crude futures were at $65.75 a barrel

Updated 23 Feb, 2026 10:56am

Energy

Hungary to release 1.8 million barrels of crude oil from strategic reserves

BUDAPEST: Hungary’s government will release about 1.8 million barrels of crude oil from its strategic reserves after...

Published 22 Feb, 2026 02:31am

Energy

January power output reaches all-time high on industrial demand, says Topline

Power generation surged to a record 9,140 GWh in January 2026, marking the highest-ever monthly output, said Topline...

Updated 21 Feb, 2026 08:21pm

Energy

No payments through post offices from April: Lesco

LAHORE: Lahore Electric Supply Company (LESCO) has announced that, effective April 1, 2026, consumers will no longer...

Published 21 Feb, 2026 05:36am

Energy

US negotiating with India on Venezuelan oil sale, US envoy says

Trump removed a 25% punitive levy after India agreed to end the purchase of Russian oil

Published 20 Feb, 2026 05:25pm

Energy

OGDCL discovers further oil & gas reserves in Kohat

Oil and Gas Development Company Limited (OGDCL), one of Pakistan’s largest exploration and production (E&P)...

Published 20 Feb, 2026 03:26pm

Energy

Oil heads for first weekly gain in three as US-Iran tensions rise

Brent crude futures edged down 19 cents, or 0.3%, to $71.47
US West Texas Intermediate crude declined by 13 cents, or 0.2%, to $66.30

Updated 20 Feb, 2026 02:22pm

Energy

US to West’s energy watchdog: scrap net zero focus or we’ll quit

PARIS: US Energy Secretary Chris Wright gave the International Energy Agency on Thursday a one-year deadline to ...

Published 20 Feb, 2026 06:19am

Energy

Gas & condensate discovered at Dars West-3 Well

ISLAMABAD: Oil and Gas Development Company Limited (OGDC), leading exploration and production company on Thursday...

Published 20 Feb, 2026 06:26am

Energy

Solar industry accelerates shift from silver as costs soar

LONDON: Solar panel producers are intensifying efforts to replace silver with alternatives such as copper after...

Published 20 Feb, 2026 05:29am

Energy

Oil prices rise 2pc to six-month high

NEW YORK: Oil prices rose about 2percent on Thursday to their highest in six months, as traders worried about...

Published 20 Feb, 2026 05:29am

Energy

US natgas futures up on cooler weather ahead of storage report

NEW YORK: US natural gas futures climbed about 2percent on Thursday on forecasts for cooler weather and higher...

Published 20 Feb, 2026 05:29am

Energy

Saudi Arabia crude exports fall to three month low in December

Saudi Arabia's crude output stood at about 10.084 million bpd in December

Published 19 Feb, 2026 08:10pm

Energy

OGDCL successfully tests new development well in Sindh

Well was drilled up to a total depth of 2,100 meters

Published 19 Feb, 2026 03:30pm

Energy

Oil prices rise 2% to six-month high on concern over potential US-Iran conflict

Brent futures were up $1.23, or 1.8%, to $71.58 a barrel

Updated 19 Feb, 2026 10:13pm

Energy

Oil rises 4pc

HOUSTON: Oil prices rose by more than 4 percent on Wednesday as traders priced in potential supply disruptions amid...