Recent Posts

New Oil and Gas Discoveries Boost Pakistan’s Energy Security

In a major development for Pakistan’s energy sector, new oil and gas deposits have been discovered from a well operated by Oil and Gas Development Company Limited (OGDCL), Pakistan Petroleum Limited (PPL), and Pakistan Oilfields Limited (POL) in Kohat district, Khyber-Pakhtunkhwa (K-P). This discovery, along with the recent revamp of gas compressors at the Sui Gas field by PPL, is …

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Government Initiatives to Address Energy Tariffs and Boost Investment

Introduction Facing mounting concerns over soaring energy tariffs, the Pakistani government is implementing a series of measures aimed at reducing the return on equity (ROE) for power plants and incentivizing investments in the hydrocarbon sector. These initiatives are part of a broader strategy to address the affordability of energy while attracting foreign investment and improving the efficiency of the energy …

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TotalEnergies Sells Stake in Total Parco Pakistan to Gunvor Group

Introduction In a significant shift in Pakistan’s energy sector, French oil major TotalEnergies has announced its decision to sell its 50% stake in Total Parco Pakistan Limited (TPPL) to Gunvor Group, a global commodities trader. This transaction, which is pending regulatory approvals, signifies a strategic realignment by TotalEnergies to concentrate on core geographies with growth and transition opportunities. Details of …

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