September 9, 2023 Pakistan Gasport seeks spot LNG cargo Pakistan Gasport is looking to buy a spot liquefied natural gas (LNG) cargo for November delivery, its chairman Iqbal Ahmed told Reuters on Thursday….
January 10, 2021 Pakistan raises Rs760 billion from domestic Sukuk market in 2020 Reportedly, the Government of Pakistan (GoP) has raised more than Rs760 billion from the domestic Sukuk market with Islamic banks still having enough liquidity…
December 21, 2019 Exorbitant hike in gas price proposed by OGRA Oil & Gas Regulatory Authority (OGRA) approved increase in the gas prices for consumers to meet estimated revenue requirement of Rs556 billion for FY20. …
December 2, 2019 Low international gas prices a good omen for Pakistan Mercury level has already started declining and fears of gas load shedding are rising, historically load shedding of gas has been a regular feature…
November 24, 2019 Auction of oil and gas exploration blocks in Pakistan faces delay Auction of 24 oil and gas exploration blocks in Pakistan has been delayed for more than six months because the Defence Ministry has not…
September 14, 2019 Hub Power Company posts Rs11.24 billion profit for FY19 Hub Power Company (HUBC) closed the financial year on a weaker note with consolidated net profit of Rs2.67 billion (EPS: Rs2.22) for the fourth…
April 22, 2019 Pakistan State Oil Company announces 50% interim dividend Pakistan State Oil Company (PSO) has released results for 9MFY19. Along with the result, company also announced an interim cash dividend of Rs5/share. The…
April 21, 2019 Pakistan State Oil Company likely to announce 50% interim dividend Pakistan State Oil Company (PSO) is expected to record an EPS of Rs15.76 for 9MFY19, down 53.4%YoY due to high inventory and exchange losses…
February 26, 2019 HUBCO second quarter earnings down by 16%YoY Hub Power Company (HUBCO) posted 2QFY19 earnings of Rs2.4 billion (EPS: Rs2.11), down 16% YoY. This takes the 1HFY19 earnings to Rs5.4 billion (EPS:…
April 7, 2018 Energy Crisis in Pakistan: Fact or Fiction If one looks at the history of power sector in Pakistan, a few points are clear. These include: 1) a myth that the country…