BUSINESS

  • Major Gas Theft Network Busted in Murree; Successful Operation Against a Local Hotel

    Lahore (July 14) – As part of its nationwide campaign against gas theft and Unaccounted for Gas (UFG) reduction, Sui Northern Gas Pipelines Limited (SNGPL), Islamabad Region, in collaboration with DC Murree and Murree Police, successfully dismantled an illegal gas network operating at a local Hotel located in Lower Bazaar, Murree.According to the spokesperson, on…

  • Gas supply continues across the country

    LAHORE: (July 9) – Certain news items have been published in the media yesterday giving the impression as if a new wave of supply disruption/force majeure has hit the gas consumers which will lead to curtailment in gas supplies. Such items don’t reflect the ground realities while no change has been made to the gas…

  • LPG domestic cylinders price slashed by Rs 794.50 per kg

    ISLAMABAD – The Oil and Gas Regulatory Authority (OGRA) has announced a significant reduction in the price of liquefied petroleum gas (LPG), issuing a notification to implement the new rates. According to the notification, the price of LPG has been reduced by Rs68 per kilogram. The new official price of LPG has been fixed at…

  • OGDC Successfully Completes Chak 63-05 Development Well in Sanghar, Sindh

    ISLAMABAD, June 30, 2026: Oil & Gas Development Company Limited (OGDC) has successfully completed Chak 63-05, a new development well in the Chak 63 Development & Production Lease (D&PL) located in Sanghar district of Sindh, marking another milestone in the company’s efforts to enhance Pakistan’s indigenous oil and gas production.During production testing through a 32/64-inch…

  • SECP Updates: Enforcement of Corporate Governance in State-Owned Enterprises (SOEs)

    ISLAMABAD – Implementation of Corporate Governance: Under the government’s reform policy, the implementation of corporate governance in state-owned institutions is being ensured. – SECP Action Against Non-Compliance: Action is being taken against state-owned companies for failing to submit their annual returns and financial statements. Show-Cause Proceedings Completed: Proceedings have been completed for 58 show-cause notices…

  • HSD rate’s stable through drop in PL

    ISLAMABAD – The government has increased the petroleum levy on petrol by 24 rupees 74 paise per liter, while the price of kerosene oil has also been raised by 8 rupees 70 paise per liter. Following this 24 rupees 74 paise per liter hike, the petroleum levy on petrol has risen to 116 rupees 8…