ETC Warns Against Fossil Fuel Expansion Amid Strait of Hormuz Energy Crisis

New-Hormuz

ISLAMABAD: Amid global energy disruptions triggered by the closure of the Strait of Hormuz, the Energy Transitions Commission (ETC) has cautioned governments against expanding fossil fuel infrastructure, urging instead a rapid transition toward renewable energy to strengthen resilience against future geopolitical shocks. In its latest study, the ETC — a coalition of global energy leaders committed to achieving net-zero emissions by 2050 — argued that fossil fuel-based energy systems are highly vulnerable to supply disruptions because they depend on continuous commodity flows through critical chokepoints such as the Strait of…

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Petrol and Diesel Prices Reduced by Rs5 Per Litre in Pakistan

petrol

The Government of Pakistan has announced a reduction in petroleum prices for the next fortnight starting from 16 May 2026. According to a press release issued by the Ministry of Energy (Petroleum Division) on 15 May 2026, the prices of both High-Speed Diesel (HSD) and Motor Spirit (Petrol) have been decreased by Rs5 per litre. New Petroleum Prices in Pakistan Product Old Price (Rs/litre) New Price (Rs/litre) Change High-Speed Diesel (HSD) 414.58 409.58 -5.00 Motor Spirit (Petrol) 414.78 409.78 -5.00

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Chinese Firm to Set Up 50MGD Desalination Plant to Ease Karachi Water Crisis

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KARACHI: A Chinese company is set to install a large-scale desalination plant in Karachi with a production capacity of 50 million gallons per day (MGD), a project expected to provide significant relief to the city’s long-standing water shortages. The announcement was made on Thursday by Sindh Senior Minister Sharjeel Inam Memon during a press conference in Karachi. He said a memorandum of understanding (MoU) for the project was signed during President Asif Ali Zardari’s recent visit to China, marking part of a broader package of agreements aimed at expanding cooperation…

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Pakistan, US Expand Energy Cooperation as First 6 Million Barrels of US Crude Imported

New-oil

ISLAMABAD: Pakistan and the United States have agreed to strengthen cooperation in the energy and petroleum sectors, marking a new phase in bilateral economic engagement as Pakistan imported nearly six million barrels of crude oil from the US for the first time. The development was shared by Petroleum Minister Ali Pervaiz Malik during a meeting with US Assistant Secretary S. Paul Kapur, which was also attended by US Chargé d’Affaires Natalie A. Baker. The discussions focused on expanding collaboration in energy, petroleum, infrastructure, and broader economic areas, with both sides…

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LESCO Busts Electricity Theft Network Using Remote-Control Devices in Lahore

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LAHORE: The Lahore Electric Supply Company has uncovered a sophisticated electricity theft operation involving the use of remote-control devices to tamper with electric meters and illegally consume power. According to LESCO officials, the operation was carried out in the Sui Gas Road area of Shahdara under the supervision of Northern Circle Superintending Engineer Muhammad Muzammil. A joint team comprising the Jia Musa Sub-Division surveillance unit, the Metering & Testing (M&T) team, and local police conducted a raid on an industrial electricity connection. During the inspection, authorities found that suspects Hamid…

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