Earlier, regulator had fined firm Rs19.944 million for selling flare gas to CNG stations without license
Federal minister for Petroleum Division has convened meeting of stakeholders and top officials on Thursday
If it is done amicably, it will benefit all stakeholders
Pakistan wants Permanent Court of Arbitration should decide case
Electricity theft is cognisable offense after amendment in Pakistan Penal Code 462 through an ordinance
official says that now in case of upgradation of local refineries policy, tax authorities have introduced in finance bill for FY25 exemption of...
Stored water in both dams will be enough for the Rabi season that will start on October 1, 2024, says official
Federal government to reconsider these changes, restore petroleum products to taxable status and reinstate Section 102A in the Income Tax Ordinance,...
The new price of petrol may be Rs273.28 and diesel Rs281.17 per litre
Official said that process to finalize TORs and completing bidding process will take at least three months
Monthly throughput is a strong measure to gauge the performance of any refinery
Line pack pressure was recorded on Sunday at 5.060bcfd which escalated on Monday to 5.185bcfd
Eommittee will also devise a strategy to cope with monster of circular debt in gas sector that has reached Rs2,900 billion
CCoE also directed authorities concerned to make a comprehensive strategy for upgrade projects by looping in all refineries
Unprotected consumers falling in slab of 1-100 units a month will experience a maximum hike
Glaciers are melting as temperature in Skardu is on higher side
Sinopec has asked PSO to conduct a market study on its own if there is a demand for petroleum products
ECC approved a hike in gas prices for captive power plants by Rs250 to Rs3,000 per mmBtu on the recommendation of the Petroleum Division
Worker busy in preparing the design on the fabric with help by machine at local textile factory in Hyderabad on May 2, 2024. — APPISLAMABAD: The...
Inclusion of India in JP Morgan Index will compel investors looking to diversify their portfolios and reallocate funds from other emerging markets
If petroleum levy of Rs5 per litre is added from July 1, then price of motor spirit is expected to be hiked to Rs12.58 per litre
This is a clear violation of rules and regulations, and we demand immediate intervention from relevant authorities like the OGRA and Competition...
SIFC EC meeting would also discuss progress on Iran-Pakistan gas pipeline
Under the new merit order, the power and fertilizer sectors would be second on the new priority list
IMF also wants the government to escalate the gas price of captive power plants
For the outgoing financial year, the capacity charges revenue target was set at Rs1,874 billion
Domestic consumers using 301-400 units a month will pay from July 1, 2024, the fixed charges of Rs200 per month
New prices of petrol and diesel after the reduction are Rs258.16 and 267.89 respectively
Budget packs dire consequences for employment and external sector stability, APTMA says
The international oil prices are on the decline after the Israel-Iran limited war is over
The circular debt went up to Rs2.6 trillion in March in the outgoing fiscal year
During July-March FY2023, government issued fresh or rollover guarantees aggregating to Rs76 billion or 0.1 percent of GDP
Daily smuggling of nearly 14 million litres of fuel into Pakistan costs the country billions of rupees
Pakistan’s urban population increased from 75.67 million to 93.75 million between 2017 and 2023
This striking figure was unveiled during the launch of Pakistan Economic Survey 2023/24 on Tuesday
Textile industry argue, would pose a severe threat to the industry’s existence
Failure is primarily due to a lack of understanding between dirty thermal electricity generation and climate change
Pakistan badly needs to reform the energy sector which has now virtually become unsustainable and unviable with annual theft of electricity of Rs589...
top authorities suggested increasing petroleum levy on Mogas and diesel from Rs60 to 80 per litre
Chairman OMAP Tariq Wazir Ali has requested SIFC for urgent intervention to help recover exchange losses
Letter states that Pakistan Railways, in its tenders for the supply of HSD, specifies a flash point of 66 degrees Celsius minimum
Iqbal Ahmed highlighted the bitter fact that since 2017, not a single new investment had taken place in the LNG sector in the country
Federal Minister Awais Leghari has denied that there will be no change in the existing net metering system
PM had sought a report on any Pak-Saudi business joint ventures since the Suadi delegation concluded its visit
However, this represents a one percent increase from the $16.51 billion in exports registered in FY23
Hassan Shah said dealers make a profit of a few rupees on the sale of a litre of diesel, while the smuggled oil sellers make a profit of Rs70 to...
Letter has referred to a meeting held on August 13, 2015, chaired by Chief Secretary Punjab in which it was decided that ARL’s bitumen would be...
This will also help the government to pave way for the IMF $6-8 billion loan programme
