Category: Popular News

ExxonMobil Poised for Offshore Comeback as U.S.-Pakistan Energy Ties Strengthen

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Exxon-Mobil

ISLAMABAD: As Pakistan welcomes U.S. President Donald Trump’s announcement on joint development of its oil reserves, hopes are rising for a potential return of American energy giant ExxonMobil to offshore exploration. Although Washington has yet to confirm which U.S. companies will participate, Pakistani officials anticipate ExxonMobil’s renewed interest, especially with offshore bidding for oil and gas fields set to open on September 30. Historically, U.S. oil and gas firms have remained relatively inactive in Pakistan despite strong diplomatic ties and the country’s vast untapped reserves, particularly in Khyber-Pakhtunkhwa and Balochistan.…

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Electricity Pakistan & EVS World 2025 Conclude with Strong Industry Momentum

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Power-sector

LAHORE: The three-day Electricity Pakistan and EVS World exhibitions wrapped up on Sunday at Expo Centre Lahore, bringing together over 100 national and international companies in a vibrant showcase of innovation, clean energy, and electric mobility. Organized by FAKT Exhibitions, the event ran from August 1 to 3 and served as a dynamic platform for collaboration between industry leaders, government representatives, and global technology providers. It spotlighted Pakistan’s transition toward sustainable energy and electric vehicle (EV) adoption. Visitors explored cutting-edge EVs, interactive energy solutions, and emerging technologies aimed at reshaping…

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OGDCL Boosts Production at Rajian Well-05 with ESP Installation in Chakwal

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OGDCL

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has successfully increased oil and gas production at its Rajian Well-05 in Chakwal District by installing an Electrical Submersible Pump (ESP), demonstrating the company’s continued commitment to enhancing field performance through advanced technologies. Following a planned workover and ESP deployment, output from Rajian-05 surged to 3,100 barrels of oil per day (BPD) and 1.0 million standard cubic feet per day (MMSCFD) of gas. Previously, the well had been producing only 820 BPD of oil and 0.5 MMSCFD of gas. The Rajian…

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LIVOLTEK Unveils Advanced 125kW/261kWh BESS for Scalable C\&I Energy Storage Solutions

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LIVOLTEK

LIVOLTEK, a key member of the Hexing Group, has introduced its latest breakthrough in commercial and industrial energy storage — the BESS-P125X261E / BESS-P125X261U from its BESS-125kW/261kWh Series. Engineered for high-demand applications such as EV charging stations, factories, industrial zones, and commercial facilities, the new system offers a robust, scalable solution for modern energy challenges. This high-performance Battery Energy Storage System (BESS) supports critical functionalities including emergency backup, peak-load shifting, surplus energy trading, and virtual capacity expansion. Its high-density modular design optimizes installation space, enhances mobility, and accelerates deployment—making it…

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Petrol, diesel prices announced for next fortnight

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Petrol-Diesel

ISLAMABAD: The federal government has announced new petrol and diesel prices for the next fortnight, Energy Update News updated According to a notification issued by the Ministry of Finance, the petrol price has been decreased by Rs7.54 per litre and while diesel’s price was inreased by Rs1.48 per litre. After the decrease, the new price for petrol has been set at Rs 264.61 per litre while the diesel will be available at Rs 285.83 per litre after a hike of Rs1.48. Petroleum Prices in Pakistan Today Prices w.e.f 1-August-2025 Fuel…

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