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Press Release

Web Desk Karachi
Apr 29, 2025

SNGPL declares highest-ever profit and dividend for FY 2023–24

The Board also approved the Annual Accounts for FY 2023–24, marking a historic achievement for the Company.

Pakistan

Web Desk
Mar 25, 2025

ECC approves revised Reko Diq plan, grant for Skardu sports centre

The ECC also approved a Rs200 million grant for the construction of a Pakistan Sports Board (PSB) Coaching Centre in Skardu.

Business

Web Desk Karachi
Mar 10, 2025

Investor confidence soars as new petroleum policy unlocks $5 billion in energy investments

This surge in investor confidence is largely attributed to recent amendments in the Petroleum Policy and the introduction of an exclusive Tight Gas Policy, which offer enhanced incentives and a more investor-friendly regulatory environment.

Business

Web Desk Karachi
Feb 11, 2025

SNGPL faces financial turmoil with Rs148.5 billion in outstanding dues from power sector

The company warns that the current financial predicament could threaten its sustainability and compromise its overall financial stability.

Business

Web Desk Karachi
Feb 07, 2025

Pakistan to renegotiate LNG deal with Qatar amid rising energy costs

The existing deal with Qatar features a 13.37 percent price slope, making it more expensive than other international contracts.

Latest

Web Desk
Jan 22, 2025

Raahguzar app launched to spot legal and illegal petrol stations

Raahguzar app offers a user-friendly platform for consumers, district governments, and law enforcement agencies to identify illegal outlets or “dabba stations.”

Business Pakistan

Web Desk
Mar 02, 2024

ADB cancels PKR 166.9 million grant for Pakistan’s gas storage system

The Asian Development Bank (ADB) has revoked a $6 million grant designated for the development of the gas storage system in Pakistan.

Pakistan

Shahzad Paracha
Feb 08, 2024

ECC approves Rs10 billion for digital information infrastructure initiative

The Economic Coordination Committee has approved the allocation of Rs10 billion for the Digital Information Infrastructure Initiative to proactively identify potential cyber threats to the national critical information infrastructure.

Business Pakistan

Web Desk
Dec 24, 2023

Petrol price expected to decrease once again in Pakistan

ISLAMABAD: In a welcome development for Pakistani citizens grappling with inflation, the government is poised to introduce further relief for petroleum consumers.