Energy Update

News Line

Welcome to Energy Update

Energy Update, a magazine launched in May 2006 to cater to the burgeoning energy sector of Pakistan. This is the only trade magazine on Energy in our country, and our aim is to become a 'voice of the energy industry.

When Energy Update started out on its journey to become a publication dedicated to the energy sector in Pakistan, it set before itself the high aim of becoming the voice of the energy industry.The magazine focusing on the developments in the global energy sector, with particular interest to Pakistan, and will also be covering developments in the alternate energy, especially CNG/ NGV, of which Pakistan is the largest consumer in the world.

APCNGA Rejects 6-Day Gas Suspension Plan

The All Pakistan CNG Association (APCNGA) on Tuesday rejected the plan of ministry of petroleum and natural resources to suspend gas supply to CNG outlets for six days under the garb of maintenance of plants at Qadirpur gasfiled.

AEDB Worried Over Grim Investment Prospects

ISLAMABAD: Alternative Energy Development Board (AEDB) is reportedly worried about investment in wind power projects of 1,000MW as National Transmission and Dispatch Company (NTDC) has stopped negotiating Energy Purchase Agreements (EPAs) which is discouraging investment.

PML-N Should Give Top Priority To Economic Revival

KARACHI: The apex body of the trade and industry – Pakistan Federation of Chambers of Commerce and Industry (FPCCI) has felicitated Nawaz Sharif and the Pakistan Muslim League (PML-N)

Nawaz Rustled Up To Form Govt Comfortably

PML-N ready to accommodate all political forces in govts; Ishaq Dar to be Finance Minister Liaqat Toor / Salim Ahmed Monday, May 13, 2013 - Islamabad / Lahore—As official announcement of the election results are still awaited, unofficial tally shows PML (N)

Govt to Ensure 13,000mw Generation on Polling Day

ISLAMABAD, May 5: Even though the disbursements under Rs45 billion approved by the caretaker prime minister on April 26 are yet to begin, the government has decided to increase electricity generation and maintain it at 11,000MW in run-up to elections and then ensure 13,000MW on May 11 and the day after.

Summit Bank To Launch Islamic Banking

Karachi: Summit Bank Limited has planned to step in Islamic banking in the next few months aimed at cashing in on the opportunities in commercial and domestic sectors with different Sharia-based products and services. President and CEO of Summit Bank, Hussain Lawai has said that as a first step Summit Bank had applied with State Bank of Pakistan for permission to initiate Islamic banking.

Meezan Bank Records 9% Growth In First Quarter Of 2013

Karachi: Meezan Bank Ltd has recorded 9.0 percent growth in its profit-after-tax of first quarter ended on March 31, 2013, which increased to Rs 982 million as compared to Rs 903 million earned in the corresponding period of 2012.

New Gas Reserve Discovered In Southern Pakistan: Ministry

Islamabad Pakistan has discovered a new gas reserve in southern Sindh province that would help reduce acute gas shortages for industry and transport, the petroleum ministry said Friday.