Day: September 11, 2026

Saudi Arabia shuts down major oil pipeline, citing attacks amid fighting in Yemen

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petrol prices

CAIRO — Saudi Arabia’s Ministry of Energy said Friday that it had shut down a major cross-country oil pipeline after it was attacked the day before. The statement did not specify who carried out the attacks and called the shutdown “a precautionary measure.” Built in the 1980s, the East-West pipeline has played a key role in Saudi Arabia’s ability to continue exporting oil following the disruption of the Strait of Hormuz during Iran’s war with the U.S. and Israel. The shutdown comes as Houthi rebels in Yemen have seized coastal territory…

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Power Division rejects news report on new IPP agreementsIslamabad:

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power-division

Ministry of Power Division has strongly rejected a report published in daily Jang titled “Claims of getting rid of IPPs on one hand, new 30 to 40-year agreements on the other,” terming it contrary to facts. According to the spokesperson, the Government of Pakistan has completely ended the practice of entering into new agreements with IPPs or undertaking government power purchase commitments following the approval of the Integrated Generation Capacity Expansion Plan (IGCEP) 2025-35 and the launch of a free electricity market in the country.The spokesperson clarified that the Jamshoro…

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Govt hikes petrol by Rs5.02, diesel by Rs5.28 for fifth straight review

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petrol

The government continued to raise petrol and high-speed diesel (HSD) prices at its final review of the week on Friday, increasing them by Rs5.02 and Rs5.28 per litre, respectively, for a fifth straight hike in petroleum prices. The new prices will remain effective from Saturday, September 12, till Monday, September 14, 2026. It was the fifth consecutive increase in petroleum prices in Pakistan. In last five days, the government has increased the petrol price by Rs29.95 and diesel by Rs25.27 per litre. According to a notification issued by the Ministry…

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PM Shehbaz orders two-hour limit on power cuts

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Prime Minister Shehbaz Sharif on Friday took notice of increased electricity load shedding in various parts of the country and ordered authorities to ensure that power outages do not exceed two hours in any area. The prime minister issued the directive while chairing a meeting in Islamabad to review the country’s electricity load management situation. According to the PM Office, the meeting was informed that power generation had declined due to disruptions in the supply of re-gasified liquefied natural gas (RLNG) amid the prevailing regional situation, including tensions around the…

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Govt Pushes “More Consumption” To Fix Power Crisis, But Ignores Core Issues of Losses and Inefficiency: PBC Meeting

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Awais-Leghari

By Staff Reporter The federal government is now banking on increasing electricity consumption to solve the power sector’s cost crisis, rather than directly tackling losses and mismanagement, a meeting between Energy Minister Sardar Awais Ahmad Khan Leghari and the Pakistan Business Council (PBC) revealed on Thursday. PBC CEO Javed Kureishi led a delegation that presented a framework projecting an additional 44 to 45 TWh of annual demand over the next 5-7 years. The proposal suggests pushing consumption in sectors like EVs, data centers, agriculture, railways, and industry to spread fixed…

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