Latest News for: Karachi energy


CCoE grants two-month extension to OGRA and refineries to resolve upgrade disputes

The News International 24 Nov 2023
KARACHI. The Cabinet Committee on Energy (CCoE) has given a two-month extension to the Oil and Gas Regulatory Authority (OGRA) and local refineries to resolve the disputes related to upgradation agreements, The News learned on Friday ... A representational image shows Total Energies ...

PRL signs licence deals with Honeywell UOP, Axens for refinery upgrade

The News International 21 Nov 2023
A representational image shows Total Energies employees walking in the Donges oil refinery in Donges, on September 8, 2023 ... KARACHI ... "We believe that these collaborations will play a crucial role in shaping the future of Pakistan's energy landscape." ... and energy-efficient Pakistan.

Low cotton price, high gas tariff may impact farmers, millers

Dawn 21 Nov 2023
Reports of further increasing gas tariff from January have upset the textile sector, which is already reeling under various taxes, energy costs, and bank markup rates higher than those in the world. Karachi Cotton Brokers Forum chief Naseem Usman says that the financial crisis of ...

Govt to address refineries’ concerns over upgradation agreements

The News International 20 Nov 2023
A representational image shows Total Energies employees walking in the Donges oil refinery in Donges, on September 8, 2023 ... KARACHI. The government is finalising a proposal to address the concerns of four oil refineries that have not signed upgradation agreements with the energy regulator, sources told The News on Monday.

Pakistan expects progress on $10 billion Saudi oil refinery project in two months

The News International 15 Nov 2023
Minister for Energy Muhammad Ali speaks at a press conference ... KARACHI ... “Work on the Aramco oil refinery is going on and we are actively engaged with them, you will see progress on that in next one-two months,” the energy minister said on the sidelines of the 7th edition of The Future Summit in Karachi.

Cross-subsidy in gas tariff erodes industries’ competitiveness, says Sindh minister

The News International 15 Nov 2023
"Structural changes in consultation with business community are needed to rectify all issues in the energy sector so that the industries alone could not bear the burden of exorbitant gas tariff hikes," Dagha said at a meeting with the Karachi Chamber of Commerce & Industry (KCCI).

Refinery upgrade plan hits snag as four plants reject terms

The News International 15 Nov 2023
A representational image shows Total Energies employees walking in the Donges oil refinery in Donges, on September 8, 2023 ... KARACHI ... The OGRA spokesperson said the regulator had held numerous meetings with the refineries and the representatives of the Ministry of Energy, Petroleum Division,to finalize the draft of the agreement.

KE unveils sustainability report

The News International 14 Nov 2023
KARACHI. K-Electric on Tuesday released its Sustainability Report 2023, highlighting its efforts to balance the energy sector’s trilemma of sustainability, affordability and security ... ranging from clean energy and climate action to gender equality and responsible consumption.

Emerging investment trends

Dawn 13 Nov 2023
Arab countries are acquiring stakes in Pakistan’s running businesses such as banks, oil marketing, management of Karachi port operation and minerals. Saudi firm Wafi Energy LLC has reached an agreement with the Royal Dutch oil company to buy 77.42 per cent majority shares in Shell Pakistan ... Pakistan is now the third top recipient of Chinese finance ... .

Manufacturers protest gas tariff hike

Dawn 12 Nov 2023
KARACHI ... Various meetings were held in Islamabad and Karachi with the federal energy and finance ministers and the concerns of the SSGC-linked export-oriented industries were also communicated to the caretaker prime minister ... The industries of Karachi have rejected the exorbitant ...

Weekly inflation rises 0.73pc on higher food prices

The News International 10 Nov 2023
KARACHI ... People are struggling when it comes to food and energy prices. A vegetable vendor in a market of Karachi said that prices of tomatoes, onions and other food items fluctuated every season, but the affordability of consumers had never been as affected as it was now.


Dawn 06 Nov 2023
A FEW QUESTIONS ... Mehar Nigar. Karachi ... The main cause of the present economic crunch is a misalignment of energy/power usage and economic priorities ... Khaled ... Karachi ... The University of Karachi is a public-sector university which is the first choice of students belonging to middle class families that cannot afford to pay high tuition fee ... Karachi ... .

Gas tariff hikes disastrous for industry, warn business leaders

Dawn 05 Nov 2023
Just a day ahead of the Federal Cabinet meeting last Monday, Caretaker Minister for Energy, Power and Petroleum Muhammad Ali had assured the members of the Karachi Chamber of Commerce and Industry (KCCI) of trying his level best in the cabinet’s meeting to bring down the gas ...

DLL puts 50MW wind plant up for sale

Dawn 01 Nov 2023
KARACHI. Dawood Lawrencepur Ltd (DLL), a holding company for many textile and renewable energy firms, said on Tuesday it’s looking to sell its share in a 49.5-megawatt wind power project based in Gharo, Sindh ... (NTDC) under the Energy Purchase Agreement (EPA) until June 18, 2019.

Saudi WAFI Energy eyes Shell Pakistan takeover

The News International 31 Oct 2023
KARACHI. WAFI Energy LLC, one of the leading fuel station companies in Saudi Arabia, has announced its intention to acquire up to 77.42 percent shares and control of Shell Pakistan Limited (SHEL), a subsidiary of the global oil giant Shell Plc ... a firm offer from WAFI Energy.