Category: Latest News

Petrol Up Rs28.71/Litre, Diesel Rs42.89/Litre in Just One Week as Daily Fuel Pricing Pushes Rates to Record Highs

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petrol-price

ISLAMABAD: Pakistan has witnessed an unprecedented surge in petroleum prices, with petrol becoming Rs28.71 per litre costlier and high-speed diesel (HSD) increasing by Rs42.89 per litre within just one week, following the federal government’s decision to replace the weekly review system with a daily petroleum pricing mechanism. With the latest revision effective Saturday, July 25, 2026, petrol is now retailing at Rs335.18 per litre, while high-speed diesel has climbed to Rs383.46 per litre, the highest levels recorded since the introduction of the new daily pricing regime. The latest increase of…

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DHA City Karachi Becomes Pakistan’s First Private Housing Project with Independent Power Distribution Licence

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ISLAMABAD: In a landmark development for Pakistan’s power sector, the National Electric Power Regulatory Authority (NEPRA) has granted DHA Energy Supply Company (DESCO) two parallel licences—Electricity Distribution and Supplier of Last Resort (SoLR)—for a period of 21 years, making DHA City Karachi (DHACK) the first privately developed housing project in the country to operate its own licensed electricity distribution network. The licences, issued under NEPRA’s revised regulatory framework for the Competitive Trading Bilateral Contract Market (CTBCM), mark the first time a private entity has been authorized to perform both electricity…

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Satellites Can Now Spot Methane Leaks In Real Time: UNEP

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NAIROBI, (Pakistan Point News / WAM – 25th Jul, 2026) Satellites can now spot major methane leaks from space within days. Yet only 13% of those alerts lead to any response from the governments or companies responsible. The UN Environment Programme (UNEP) wants to close that gap. Last month it announced a new push – backed by Bloomberg Philanthropies – to help countries investigate and fix 80 per cent of major leaks detected by 2030. Currently, only 10 countries manage that. Methane is responsible for around one-third of today’s global warming. Unlike carbon dioxide, it remains in the atmosphere for…

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PM unveils ‘largest’ AI data centre Sky47, says digital milestone showcases nation’s technological potential

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Prime Minister Shehbaz Sharif inaugurates Sky47, Pakistan’s first purpose-built, AI-ready data centre and sovereign cloud platform. The 8.5MW facility in Islamabad was completed rapidly, with additional capacity planned for Karachi and Lahore.  ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Friday hailed the inauguration of Pakistan’s first-ever and largest artificial intelligence (AI) data centre and Sky47 AI Cloud as a landmark achievement in the country’s digital transformation journey, saying the state-of-the-art facility reflected Pakistan’s growing technological capabilities and demonstrated that world-class projects could be delivered through unity, vision and determination. Addressing the…

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CM Murad Shah invites Shandong High-Speed Group to invest in Sindh’s infrastructure projects

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KARACHI (July 24): Sindh Chief Minister Syed Murad Ali Shah on Friday invited China’s Shandong High-Speed Group Company Limited to explore investment opportunities in Sindh’s infrastructure and public-private partnership (PPP) projects, reaffirming the provincial government’s commitment to facilitating foreign investors.The invitation was extended during a meeting at the Chief Minister House with a delegation led by Shandong High-Speed Group Chairman Zhu Xiang. The delegation included Wang Zhenrong, Director of Shandong High-Speed Group, while the Tabani Group was represented by Chairman Hamza Tabani, Executive Director Hatim Tabani, Directors Abdul Wasi Tabani…

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