PSO Cuts Trade Receivables by Rs22.7bn in FY26
October 7, 2026
ISLAMABAD: A consortium comprising Lucky Cement Limited, Hub Power Holdings Limited, Kohat Cement Company Limited and Metro Ventures (Private) Limited has been pre-qualified to conduct due diligence on Gujranwala Electric
ISLAMABAD: The government has decided to give top priority to domestic consumers in the allocation of locally produced gas during the upcoming winter season, while prioritising regasified liquefied natural gas
ISLAMABAD: The government has granted conditional approval to Mari Energies to conduct airborne field detection survey operations in various areas of Khyber-Pakhtunkhwa (K-P), including Waziristan, as well as in Balochistan.
KARACHI: Pakistan State Oil (PSO) reduced its trade receivables by Rs22.7 billion to Rs414.8 billion in FY26, mainly due to a decline in outstanding amounts owed by government entities, helping
ROME/LONDON: The International Energy Agency (IEA) is expected to determine the details of a planned diesel and crude oil release from emergency reserves next week as uncertainty grows over the
LAHORE: The Punjab government has drawn up an ambitious province-wide plan to expand biogas production and has submitted a summary to the provincial cabinet seeking approval for private investment in
ISLAMABAD: A consortium comprising Lucky Cement Limited, Hub Power Holdings Limited, Kohat Cement Company Limited and Metro Ventures (Private) Limited has been pre-qualified to conduct due diligence on Gujranwala Electric
ISLAMABAD: The government has decided to give top priority to domestic consumers in the allocation of locally produced gas during the upcoming winter season, while prioritising regasified liquefied natural gas
ISLAMABAD: The government has granted conditional approval to Mari Energies to conduct airborne field detection survey operations in various areas of Khyber-Pakhtunkhwa (K-P), including Waziristan, as well as in Balochistan.
UNITED NATIONS: Pakistan has called for urgent international action on climate finance, reform of the global debt architecture and stronger cooperation over shared water resources as the UN General Assembly’s
Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has hosted an important meeting of its Central Standing Committee on Petroleum Products
Høvik, Norway, October 7, 2026: Energy-importing countries are expanding clean energy three times faster than energy-exporting nations as governments seek to reduce their dependence on imported oil and gas by
ISLAMABAD — Pakistan’s government has provided fuel subsidies to more than 9 million low-income people as the U.S.-Iran war drives up energy prices, officials said Tuesday. Rising petrol and diesel
KARACHI: The Korangi Association of Trade and Industry (KATI) and its Executive Committee have nominated prominent industrialist and business leader SM Tanveer as its candidate for the presidency of the
KARACHI: Federal Climate Secretary Awais Manzur Sumra visited Dawlance’s DPL1 manufacturing facility in Karachi to review the company’s conversion to cyclopentane technology for refrigerator and freezer insulation, the company said
Karachi Sindh Chief Minister Syed Murad Ali Shah chaired a high-level meeting at the Chief Minister’s House to review proposals for the upcoming Annual Development Programme (ADP) as part of
Munich, Germany – 9 May 2025 – Marking two decades of innovation, Solis energized Intersolar Europe 2025 with groundbreaking hybrid energy solutions and intelligent management systems designed to power the
Karachi, May 12, 2025 — In a strong gesture of national solidarity, the Saylani Welfare International Trust has announced a monetary reward of Rs. 2.5 million for each Pakistani Air
KARACHI – Sindh Minister for Energy, Development, and Planning, Syed Nasir Hussain Shah, visited the Institute of Holistic Rehabilitation and Innovation (IHRI) in Karachi on Saturday, where he announced a
KARACHI – In a significant step toward sustainable industrial operations, International Steels Limited (ISL), a subsidiary of International Industries Limited, has successfully commissioned a 6.4-megawatt (MW) solar power plant at
ISLAMABAD – The Executive Learning Centre (ELC) of the Petroleum Institute of Pakistan (PIP) has emerged as a pivotal force in strengthening capacity building across Pakistan’s oil and gas industry.
WASHINGTON: As Pakistan and India stepped back from the brink of escalation, the longstanding Kashmir dispute has once again come into focus, following a ceasefire facilitated by the United States.
ISLAMABAD: Pakistan’s armed forces have announced the successful completion of Operation Bunyanum Marsoos, stating that 26 high-value Indian targets were struck in response to India’s airspace violations and missile attacks
ISLAMABAD: A member of the National Electric Power Regulatory Authority (Nepra) has raised alarm over deep-rooted inefficiencies in Pakistan’s power sector, highlighting Rs69 billion in capacity payments made to underutilised
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