Author: Admin

OGDC Partners with France’s SNF for Water Injection Systems at Kunnar and Pasakhi Oil Fields

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New-Project56

Project Estimated to Generate USD 460 Million in Revenue Through Enhanced Oil and Gas ProductionISLAMABAD, February 17, 2026: Oil and Gas Development Company Limited (OGDC), Pakistan’s leading exploration and production company, on Tuesday signed a landmark contract with SNF S.A., a French specialty chemical company and world leader in polyacrylamide production, for the installation and operation of advanced Water Injection Systems (WIS) at its Kunnar and Pasakhi oil fields located in Hyderabad district, Sindh. The signing ceremony was held at the OGDC Headquarters in Islamabad, marking a significant milestone in…

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Nepra Protects Existing Rooftop Solar Users, New Net-Billing Rules to Apply Only to Future Installations

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solar-electricity

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has moved to shield existing rooftop solar consumers from financial disruption by proposing an amendment that preserves their current billing arrangements until the expiry of their contracts. In a draft amendment to the Prosumer Regulations, 2026, issued on Monday, the regulator clarified that consumers who installed solar systems under earlier net-metering rules will continue to be billed under the old mechanism for the full term of their agreements. The revised framework will only apply once those contracts conclude. The decision follows directives…

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OGDCL Boosts Oil Output at Kal-03 Well by 1,400%

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New-OGDCL1

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company, has significantly enhanced oil production at its Kal-03 well, recording a massive 1,400% increase in output. The Kal-03 well is located in Chakwal district of Punjab. According to a notice submitted to the Pakistan Stock Exchange (PSX) on Monday, the surge in production follows successful operational interventions aimed at optimising the well’s performance. The development marks a major operational milestone for OGDCL and is expected to contribute positively to the company’s overall production portfolio. Industry…

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Pakistan, Netherlands Ink MoU to Boost Water Sector Cooperation and Capacity Building

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New-Project55

ISLAMABAD: Pakistan and the Netherlands have signed a memorandum of understanding to enhance cooperation in water resources planning, development, and integrated management, marking another step in bilateral collaboration on climate resilience and sustainable water governance. The agreement was signed between Pakistan’s Ministry of Water Resources and the IHE Delft Institute for Water Education during a two to three-day official visit by a Dutch delegation to Islamabad. The MoU focuses on strengthening the technical capacity of professionals within the ministry and its affiliated organisations, particularly in water resources planning, development strategies,…

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Lawmakers Denounce Shift from Net Metering to Net Billing, Warn of Investor Backlash

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Net-Metering

ISLAMABAD: Members of the National Assembly Standing Committee on Industries and Production strongly criticised the National Electric Power Regulatory Authority (Nepra) on Monday over its decision to replace net metering with net billing for rooftop solar consumers, warning that the move could damage investor confidence and harm the government’s credibility. The committee, chaired by Syed Hafeezuddin, expressed serious reservations over the recent amendments to the solar policy. “This policy amendment will have serious implications for the overall reputation of the government,” the chairman said, adding that if commitments to independent…

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