Category: Popular News

Mari Energies discovers gas in Sindh

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Mari Energies

Mari Energies Limited (MariEnergies), one of Pakistan’s largest E&P companies, announced on Thursday the discovery of hydrocarbon from its exploratory well located in Sindh.The company shared the information in a notice to the Pakistan Stock Exchange (PSX) today.“MariEnergies is pleased to announce a gas & condensate discovery resulting from Shams-1 exploratory well, drilled in Mari D&PL, located in Ghotki district, Sindh.Shams-1 well was spud-in on January 30, 2026, and successfully drilled down to the total depth of 3,075m,” the notice read, adding that the well targeted Lower Goru-B sands as…

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Salaried Class Paid Rs. 365 Billion in Taxes in First 8 Months

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salaried class

March 19, 2026Islamabad (Mehtab Haider)Pakistan’s voiceless salaried class has paid Rs. 365 billion in income tax during the first eight months (July to February) of the current fiscal year, which is even higher than the combined contributions of all wealthy segments—including retailers, wholesalers, exporters, and property tycoons.According to official data from the Federal Board of Revenue (FBR), the salaried class paid Rs. 365 billion in taxes during the first eight months of fiscal year 2026, compared to Rs. 332 billion during the same period in fiscal year 2025. Although the…

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LNG shortage may affect power sector gas supply in April, Senate told

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lng

Summary Pakistan may face LNG shortage after Apr 14, officials told a Senate panel. Middle East tensions have disrupted supplies, fuel prices surged, and gas to power sector has dropped from 300 to 130 MMCFD ISLAMABAD (Dunya News) – Liquefied natural gas (LNG) will not be available in the country after April 14, which may create difficulties in meeting the gas requirements of the power sector during April, official told it to the Senate Standing Committee on Petroleum. The committee meeting was held under the chairmanship of Senator Manzoor Ahmed,…

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Pakistan has 27-Day Petrol, 21-Day Diesel Stocks as Mideast crisis disrupts energy supply

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Pakistan maintains 27 days of petrol and 21 days of diesel stocks despite disruptions from the Mideast crisis. The government is exploring alternative fuel imports. ISLAMABAD: Pakistan currently has petrol stocks sufficient for 27 days and diesel reserves for 21 days despite disruptions in global supply chains caused by the escalating Middle East conflict, Petroleum Secretary Hamed Yaqoob Sheikh told a parliamentary panel on Monday. Briefing the Senate Standing Committee on Petroleum, Sheikh said the country also had liquefied petroleum gas (LPG) reserves for nine days and aviation fuel (JP-1) stocks…

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Sindh CM, federal ministers review energy situation amid rising global oil prices Emergency conservation measures discussed as Middle East tensions threaten fuel supplies

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Sindh CM petrol meeting

KARACHI (March 8): Sindh Chief Minister Syed Murad Ali Shah on Sunday held a meeting with Federal Finance Minister Muhammad Aurangzeb and Federal Petroleum Minister Ali Pervaiz Malik to review the evolving regional situation and its possible impact on Pakistan’s energy supplies and economy.The meeting, held at the CM House in Karachi, was attended by Sindh Home Minister Ziaul Hassan Lanjar, Chief Secretary Asif Hyder Shah, Secretary Energy Shuhab Ansari and other officials. The federal delegation included Additional Secretary Petroleum Division Zafar Abbas, Executive Director Oil and Gas Regulatory Authority…

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