The undated image shows smuggled Iranian petrol being sold. — APP FileKARACHI: The Ministry of Energy has asked the Ministry of Interior and the...
A fuel station worker fills petrol in a vehicle in Karachi on October 01, 2022. — PPIKARACHI: Pakistan's high-speed diesel stockpiles have surged...
Attock Refinery is operating at 33 percent capacity after the accumulation of a huge stock of diesel
Policemen walk along trains stationed on a deserted platform at Karachi Cantonment railway station. — AFP/FileKARACHI: The government is set to...
Alvi said 40 companies have expressed interest in investing in the 640 MW plants
Letter stated that the templates were circulated to ARL, NRL, PARCO, and Byco
A representational image showing an oil refinery. — AFP/FileKARACHI: Pakistan Refinery Limited said on Tuesday that it would sign a supplemental...
A view of a Pakistan State Oil petrol station. — PSO/FileKARACHI: Pakistan State Oil , the state-controlled oil marketing firm, is wrestling with...
A fuel station worker refills a car's petrol tank. — AFP/FileKARACHI: The price of petrol is poised to rise by nearly Rs10 per litre in the...
A general view of a Russian oil refinery on the south-eastern outskirts of Moscow. — AFP/FileKARACHI: The refining sector is set to resume...
A representational image showing oil pump jacks can be seen operating at an oil field. — AFP/FileKARACHI: The oil sector has urgently called for...
The excess supply has led one refinery to consider a temporary halt in operations as early as next week
PMU will be led by DG and will consist of representatives from refineries, OGRA, and a consultant to be jointly engaged by the refineries
Pakistan State Oil HQs can be seen in this picture. — PSO Website/FileKARACHI: Pakistan State Oil , the country's top oil marketing company, has...
Pak Arab Refinery Limited awaits board approval before proceeding with the draft submission and final signing
Workers can be seen working on a gas pipeline between Pakistan and Iran. — AFP/FileKARACHI: The government has outlined strict timelines for its...
Oil tankers park in a terminal amid a countrywide strike by the All Pakistan Oil Tankers Association near a port in the Pakistani city of Karachi on...
The oil regulatory body will hold a meeting with the refineries on Tuesday to discuss the progress on signing the agreements
The Oil & Gas Regulatory Authority headquarters in Islamabad. — APP FileKARACHI: The government has instructed the oil and gas regulator to...
Pakistan, having a total capacity of 20 million tonnes, cannot fully utilize its capacity due to the lower demand for FO in the country
The K-Electric logo. — APP FileKARACHI: K-Electric Ltd., Pakistan’s only vertically integrated power utility, could have saved at least $250...
A representational image of a man holding a fuel nozzle at a petrol station. — AFP/FileKARACHI: The government is set to raise gasoline prices by...
The photo posted on September 20, 2021 shows Cnergyico Pakistan Limited's oil refining complex in Hub, Balochistan. Facebook/Cnergyico Pk...
The milestones and timelines will be firmed up in front-end engineering design of the Upgrade Project
KARACHI: A $545 million-dollar power plant in Sindh, financed by the Asian Development Bank , faces technical and environmental hurdles as it seeks...
KARACHI: The Finance Division has asked refiner Cnergyico Pk Limited to provide bank guarantees to settle an outstanding amount of Rs47.5 billion...
KARACHI: Electricity generation cost surged 23 percent in January from a year earlier, as the country relied more on expensive fuel oil and gas and...
KARACHI: The oil sector has projected a higher demand for petroleum products, especially high speed diesel , in March 2024, as the wheat harvesting...
Pure Point, the vessel in which Russian oil reached Pakistan, can be seen anchored at a dock in Karachi, on July 12, 2023, in this still taken from...
PARCO currently possesses 69% of the fuel oil, followed by ARL, which has 26 percent of the total furnace oil
Chinese market remained biggest market for Pakistani, which imported 66% higher goods from Pakistan in July-Dec of this fiscal
KARACHI: Demand for high speed diesel, the most widely used fuel in the country, has fell in February as consumers expect a sharp increase in prices...
KARACHI: The refining sector halted fuel oil exports in January as domestic demand surged due to increased power generation from furnace oil-based...
Letter was sent after some refineries reduced their supplies to PSO due to non-payment of dues, sources say
The oil sales 10.47 million tonnes in the corresponding period of the last financial year
KARACHI: The industrial sector on Monday criticised the central bank for keeping its policy rate unchanged at 22 percent, saying it was unbearable...
KARACHI: Pakistan Refinery Limited plans to double its crude oil refining capacity and produce propylene, a petrochemical used in plastics, in a...
Petrol and diesel prices likely to be increased by Rs7 per litre each on January 31, says official
OMAP says purported benefits of this arrangement fail to address broader implications of concentrating critical aspect of oil industry
The country's fuel oil consumption rose to 8,000-10,000 tonnes per day in January
Tax imposed on oil products at Rs50/liter on both fuels after their deregulation
Ejaz sounded emotional while talking about difficult phase country is passing through
Import of petrol also showed 5% decrease to 2.5m tonnes, compared to 2.6m tonnes in same period of last financial year
The Petroleum Division of the Ministry of Energy has agreed to PSO's proposal, made in September last year
As deadline for signing of agreements will expire on Ja 16, 2024, both sides have to resolve issue of taxation escrow account
Despite the progress and investments, the project is facing hurdles due to inconsistent policies and the indifference of the authorities
KARACHI: Engro Elengy Terminal Limited , a joint venture between Engro Corporation and Royal Vopak, has asked the Special Investment Facilitation...
The drop in the consumption by the transport sector was mainly caused by road transport
KARACHI: The Large Taxpayers Office Karachi, a unit of the Federal Board of Revenue, collected more than Rs1 trillion in taxes in the first half of...
KARACHI: Pakistan exported a record amount of fuel oil in the first half of the current financial year, surpassing the total exports of the previous...