Day: July 20, 2026

2nd Sindh Energy Diversity ConferenceHuge Investment, Facilities Sought to Further Boost Thar Coal, Solar Power Production

Admin
2nd Sindh Energy Diversity

Qaiser Sheikh presents a compelling case for placing energy at the heart of Pakistan’s economic revival; conference provides private sector with an opportunity to present its recommendations for accelerating Pakistan’s renewable-energy transition Report by Energy Update The 2nd Sindh Energy Diversity Conference 2026, organised by Energy Update magazine with the theme “From Resources to Resilience: Sindh’s Next Energy Chapter”, brought together policymakers, investors, industrialists, energy experts and business leaders, who deliberated on one of Pakistan’s most pressing national priorities – developing a diversified, secure and sustainable energy future. Held in…

Read More

Govt decreases petrol price by Rs0.35, increases diesel by Rs5.71 per litre

Admin
substantial-rise-prices-petroleum

The government on Monday decreased the petrol price by Rs0.35 and increased the price of high-speed diesel by Rs5.71 per litre, to pass on the impact of fluctuating global prices following renewed regional hostilities in the Persian Gulf. Following the changes, the price of petrol stands at Rs315.80 per litre and that of HSD at Rs360.06. The Petroleum Division’s press release notifying the increase said the new prices would be effective from July 21 (Tuesday). The diesel price has come down from a peak of Rs520.35 recorded on April 3. Its price…

Read More

Economy amidst conflicts

Admin
Economy amidst conflicts

Confronted by escalating tensions in the Middle East and repeated disruptions to shipping through the Strait of Hormuz, Pakistan has begun taking concrete steps to establish its first-ever Strategic Petroleum Reserves (SPR). The country currently operates largely on a fragile, just-in-time commercial inventory model, with petroleum stocks providing only limited protection against prolonged supply disruptions. Under the proposed strategy, the government plans to establish a 45-day emergency oil buffer in the first phase, with a longer- term objective of expanding reserve capacity to 90 days. These stocks could be requisitioned by the…

Read More

Gwadar: The Port That Can Redraw Asia’s Energy and Trade Map 

Admin
Alpha

Gwadar’s deep-sea location could reduce shipping congestion and insurance costs, enabling an energy storage and refining hub. Linked to rail and CPEC corridors, it may accelerate Eurasian trade and boost Balochistan—if security and investment hold. The development of the deep-sea port at Gwadar Port represents far more than a regional  infrastructure project. It is potentially one of the most consequential economic transformations in  South Asia and the broader Eurasian region. Located on Pakistan’s southwestern coast along the  Arabian Sea, Gwadar occupies a rare geographic advantage: it sits just outside the…

Read More

Energy conference calls for building electric vehicles ecosystem to cut fuel imports

Admin
Energy conference

Policymakers, energy experts, investors and industry leaders at a conference held on the energy sector unanimously called for building a comprehensive ecosystem for electric vehicles (EVs), particularly a nationwide charging station network, saying Pakistan must accelerate the transition to clean mobility to significantly reduce fossil fuel consumption, curb harmful emissions from the transport sector and strengthen long-term energy security. The discussion on EVs and their charging infrastructure took place in a special panel discussion held as part of the 2nd Sindh Energy Diversity Conference 2026 organised by the Energy Update.…

Read More