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Day: February 1, 2025

CM Sindh urges fed govt to seek Sindh’s input on oil, gas exploration & production framework for selling to private sector.

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New-Project36

• No sale should be authorised without Sindh’s consent.• CM demanded regular sharing latest production statistics of oil, gas• CM decides to become party in WLO litigation. KARACHI (Feb 1): Sindh Chief Minister Syed Murad Ali Shah has emphasised that the federal government must include Sindh’s input in the framework that allows oil and gas exploration and production companies to…

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OGDCL commences oil & gas production from Bettani-2 Appraisal Well in Lakki Marwat

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OGDCL

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, has successfully commenced oil and gas production from the Bettani-2 appraisal well in the Lakki Marwat district of Khyber Pakhtunkhwa. OGDCL, as the operator of the Wali Exploration License with a 100% working interest, has completed and stimulated the Kawagarh formation. The well is currently producing…

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KE removes over 1,000 illegal connections

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K-Electric

KARACHI: K-Electric (KE) conducted an anti-power theft drive in Gulistan-e-Jauhar, Karachi, alongside a facilitation camp to enhance customer engagement and service accessibility. With the support of law enforcement agencies, KE successfully removed over 1,000 illegal connections (kundas), weighing approximately 1,700 kg, from its infrastructure. These illegal connections were responsible for an estimated annual theft of 6.5 million units of electricity.…

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Saudi Arabia Remains Top Travel Destination for Pakistanis with 100% Growth in 2024

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Saudi-Arabia1

KARACHI: Saudi Arabia continues to be one of the most favored international destinations for Pakistani travelers, experiencing a remarkable 100% year-on-year growth, according to travel mobile application Wego. This surge in demand aligns with Saudi Arabia’s Vision 2030 initiative, which aims to boost the Kingdom’s tourism industry through ambitious mega-projects. As the home of Islam’s two holiest cities, Makkah and…

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MNAs’ Salaries to Increase from January 1 After Nine Years

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New-Project35

Islamabad: The National Assembly’s finance committee, chaired by Speaker Sardar Ayaz Sadiq, has approved an increase in Members of the National Assembly (MNAs) salaries, effective January 1, 2025. The decision, signed by the speaker after approval from the prime minister, marks the first salary hike in nine years. Under the revised structure, MNAs will now receive a monthly salary of…

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Nepra Takes Suo Motu Notice of PPIB’s $300/MW Tariff Approval

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Nepra-KE-1

Islamabad: The National Electric Power Regulatory Authority (Nepra) has taken suo motu notice of the Private Power Infrastructure Board’s (PPIB) decision to impose charges of up to $300 per megawatt (MW) on electricity consumers for its project facilitation services in power generation, transmission, and distribution. Nepra has scheduled a public hearing on February 13, 2025, to assess the legality and…

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LPG Price Increased by Rs3.68 Per Kg, Effective February 1

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lpg

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has raised the price of liquefied petroleum gas (LPG) by Rs3.68 per kilogram, effective February 1, 2025. According to an OGRA notification, the new LPG price is set at Rs253.97 per kg, bringing the cost of an 11.8 kg domestic cylinder to Rs2,997—an increase of Rs43.52 per cylinder (1.47%). The LPG price…

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CM Maryam Nawaz Launches Lahore’s First Electric Bus Service

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Maryam-Nawaz

LAHORE: Punjab Chief Minister Maryam Nawaz formally inaugurated Lahore’s first electric bus service on Friday, marking a significant step towards sustainable urban transport. During the launch, Transport Minister Bilal Akbar briefed the CM on the pilot project, highlighting the modern features of the electric buses, including GPS tracking, Wi-Fi, USB ports, and an anti-slip floor for passenger safety. Each bus…

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Petrol Sees Re1 Hike, High-Speed Diesel Jumps by Rs7 in Latest Price Revision

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petrol-price

The government has slightly increased the price of petrol by Re1 per litre and high-speed diesel (HSD) by Rs7 per litre for the next fortnight, according to a press release issued by the Finance Division on Friday. The revision follows an assessment by the Oil and Gas Regulatory Authority (Ogra) in response to fluctuations in the international oil market. With…

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