Category: Uncategorized

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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Regional Comparison of Petroleum Prices After Recent Increase

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The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) expresses serious concern over the sharp increase of Rs. 55 per litre in petrol and diesel prices. This sudden hike has pushed Pakistan’s fuel prices significantly higher than most countries in the region, placing additional pressure on businesses, industries, transporters, farmers, and the general public. Regional Petrol Price ComparisonCountryPrice in Local CurrencyPrice in USD (Approx.)Pakistan PKR 321.17 $1.15India INR 94.77 $1.03SriLanka LKR 293.00 $0.94Bangladesh BDT 116.00 $0.95 Economic ConcernsAfter this increase, Pakistan now has the highest petrol prices among key…

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OIL AND GAS REGULATORY AUTHORITY

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oil price

Plot No. 37 & 39, Mauve Area, Service Road South, Sector G-10/4 Islamabad PRESS RELEASE Islamabad, March 02, 2026: The Oil and Gas Regulatory Authority (OGRA) has notified the maximum Price of LPG, effective March 01 2026, as under; Notified LPG Producer prices  Rs. / Ton  Rs / 11.8 kg Cylinder March-2026 ( w.e.f  01-03-2026)       184,536.99           2,177.54 February -2026       184,750.87 2,180.06 Increase / (Decrease)           (213.88)               (2.52)        Notified LPG Consumer prices  Rs. / Ton  Rs / 11.8 kg Cylinder March-2026 ( w.e.f  01-03-2026)       225,836.99 2,664.88 February -2026       226,050.87…

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Growatt Energy Insights: Pakistan Edition – Hybrid Energy Guide for 2026

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Pakistan’s energy landscape is evolving—and so are the needs of its homes and businesses. With persistent load-shedding, rising electricity tariffs, and growing energy demand, the call for reliable and economical power has never been stronger. At Growatt, we are committed to empowering Pakistan with smart, future-ready hybrid energy solutions that ensure uninterrupted power, maximize solar investment, and deliver lasting savings for a sustainable tomorrow. Pakistan’s Energy Reality in 2026： Metric Value (2026 Projection) Average Daily Load Shedding 4–10+ hours (region dependent) Residential Electricity Price Increase (2024–2025) 15–20% Solar Power Utilization…

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Bears dominate at stock market as KSE-100 index sheds over 1,400 points

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stock market

KARACHI: Pakistan Stock Exchange (PSX) extended its negative momentum on Tuesday, with the benchmark index closing lower amid persistent selling pressure and cautious investor sentiment.X The market opened in the green and staged a brief early rally, pushing the benchmark to an intra-day high of 169,237.51 points. However, the positivity proved short-lived as sustained selling emerged across key sectors, dragging the index sharply into negative territory by mid-morning. The index hit an intra-day low of 163,907.59 points before recovering some losses in late-session trading. Despite the partial rebound, the market closed on…

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