The Directorate General of Petroleum Concessions (DGPC) has initiated regulatory actions against three petroleum exploration companies—Jura Energy Corporation, Frontier Holdings Limited, and Spud Energy Pty Limited—over alleged violations of petroleum rules. As reported by Daily The Patriot on February 13, 2026, the DGPC issued show-cause notices on July 18, 2025, under the Pakistan Petroleum (Exploration and Production) Rules, 1986 and 2001. Parliamentary Secretary for Energy, Mian Khan Bugti, highlighted that these actions are mandated by Rule 68(d) and Rule 71(c) of the 1986 Rules, and Rule 69(d) and Rule 52(f) of the 2001 Rules, which require a formal process before any license revocation. The Islamabad High Court had kept the matter sub judice for six months, finally directing the authorities on February 6, 2026, to proceed with due process after ensuring a fair hearing for all parties involved. ProPakistani notes that the companies must submit detailed explanations and supporting documentation, with license revocation being a potential outcome if violations are not rectified.
REGULATIONS
SECP Launches Consultation on MLM Regulations in Pakistan

DGPC acts against three firms for petroleum rule breaches; SECP drafts new MLM regulations to protect consumers and ensure market integrity, reflecting a focus on regulatory enforcement.
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