Trends - energy sectors - Business Recorder

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Govt urged to withdraw abrupt changes in net metering policy

PESHAWAR: Business community expressed concern over abrupt changes in net metering policy, calling it a major hurdle...

Updated 17 Mar, 2025 09:48am

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Pacts revision with IPPs: Development partners informed of possible scenarios

ISLAMABAD: Federal Minister for Power, Sardar Awais Ahmed Khan Leghari on Monday said negotiations with IPPs are...

Updated 04 Mar, 2025 09:08am

Markets

PPL increases gas production at Shahdad X-1

Pakistan Petroleum Limited (PPL) has successfully increased natural gas production at Shahdad X-1, a sweet gas well...

Updated 23 Jan, 2025 11:14pm

Business & Finance

Mari Energies refutes fire reports at Daharki plant

Mari Energies Limited (MARI), formerly Mari Petroleum Company Limited, on Thursday, refuted social media reports of...

Updated 23 Jan, 2025 04:27pm

Markets

OGDCL enhances oil and gas production

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

Updated 20 Jan, 2025 04:36pm

Markets

Race to renewables: Attock Cement commissions 4.8MW windmill project

As Pakistan’s corporate sector increasingly turns to renewable energy to meet its power needs, Attock Cement became...

Updated 16 Jan, 2025 12:48pm

Markets

Govt cuts tariff on charging stations by 45%: Awais Leghari

Energy minister says decision will pave way for expansion of charging stations, and increase EV adoption in Pakistan

Updated 15 Jan, 2025 10:32pm

Business & Finance

Federal cabinet approves proposal to revise agreements with 14 IPPs: PMO

Revised agreements will include reduction of Rs802 billion in profits, costs of independent power producers

Updated 14 Jan, 2025 11:06pm

Markets

Shell Pakistan changes name to Wafi Energy Pakistan Limited

Shell Pakistan Limited (SHEL) has officially changed its name to ‘Wafi Energy Pakistan Limited’, effective January...

Updated 14 Jan, 2025 11:48pm

World

Russia says it will continue oil and gas projects despite US sanctions

MOSCOW: Russia’s Foreign Ministry on Saturday denounced new U.S. sanctions against Moscow’s energy sector as an...

Published 11 Jan, 2025 10:48pm

Pakistan

Pakistan, China reaffirm commitment to ‘high-quality’ CPEC phase II development

Pakistan and China have reaffirmed their commitment to the high-quality development of the China-Pakistan Economic...

Published 11 Jan, 2025 07:34pm

Business & Finance

PPL begins gas production at Jamshoro exploratory well

Pakistan Petroleum Limited (PPL) has started gas production from Takri-1 exploration well located in the Jamshoro...

Updated 10 Jan, 2025 10:09pm

Markets

Talks with Chinese IPPs initiated, says Leghari

Federal Minister for Power Sardar Awais Ahmed Khan Leghari said the government has initiated talks with the Chinese...

Updated 28 Dec, 2024 06:07pm

Markets

Pakistan Petroleum Limited commissions new exploratory well in Sujawal

Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, has successfully commissioned the exploratory...

Updated 27 Dec, 2024 09:38pm

Markets

PSO board approves SPA execution with Azerbaijan’s SOCAR

The Board of Management (BoM) of Pakistan State Oil Company Limited (PSO), the largest fuel marketing company in the...

Updated 26 Dec, 2024 07:54pm

Markets

OGDCL begins oil & gas production from Hyderabad

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

Updated 19 Dec, 2024 10:46pm

Markets

Luxury and energy sectors weaken European shares

PARIS: European shares closed lower on Monday, bogged down by heavyweight luxury and energy shares after...

Published 17 Dec, 2024 06:47am

Markets

Power generation in Pakistan falls in September amid rising costs, shift to renewables

Power generation in Pakistan stood at 12,487 GWh (17,343 MW) in September 2024, a decline of over 6% YoY compared to...

Updated 23 Oct, 2024 10:49pm

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Net metering: Balancing the scales—IV

As we concluded in the previous part of this essay, renegotiating the power purchase agreements is difficult, if not...

Updated 23 Oct, 2024 07:07am

BR Research

Solar gains, grid pains

The standard for policymaking is to establish clearly defined short, medium, and long-term goals. Unfortunately,...

Published 16 Oct, 2024 09:49am

Business & Finance

Bahra Electric and Pakistan Cables sign MoU to develop energy sectors

ISLAMABAD: Bahra Electric and Pakistan Cables Limited signed a Memorandum of Understanding (MoU) to strengthen...

Updated 15 Oct, 2024 08:53am

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Task force on IPPs: another wild goose chase?

The formation of the Energy Task Force on Independent Power Producers (IPPs) appears to be a distraction from the...

Published 12 Aug, 2024 06:36am

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Tight gas, undersea oil and gas reserves: PM speaks of criticality of investment

Prime Minister Shehbaz Sharif directs to provide all kinds of facilities to private sector and local and foreign investors in oil and gas discovery

Updated 12 Mar, 2024 04:52pm

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In search of reasonable thinking

Benjamin Franklin said, “Common sense is something that everyone needs, few have, and none think they lack.”...

Published 06 Feb, 2024 05:00am

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Focus on cooperation with Russia: Work begins on 13th 5-year energy plan

ISLAMABAD: Ministry of Planning, Development and Special Initiatives (M/o PD&SI) has commenced working on...

Updated 16 Jan, 2024 09:41am

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The World Bank says it all

That the growing political uncertainty and institutional imbalances are adversely affecting the country’s perception...

Published 30 Dec, 2023 06:28am

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Kakar meets Netherlands PM: Dutch firms invited to invest in agri, energy sectors

DUBAI: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday met Prime Minister of the Netherlands Mark Rutte...

Published 02 Dec, 2023 05:09am

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Economic model ‘flops’: Poverty hits 39.4pc mark, say World Bank officials

ISLAMABAD: Pakistan’s current economic development model is no longer reducing poverty and provides few benefits to...

Updated 23 Sep, 2023 05:38pm

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‘Interim govt should implement effective economic reforms’

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 05 Aug, 2023 06:00am

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Dar asks PD, gas cos, PSO to improve their liquidity position

ISLAMABAD: Finance Minister Ishaq Dar Saturday asked the relevant authorities in the Petroleum Division, gas...

Updated 30 Apr, 2023 09:26am