April sales 6-month low: OMCs ISLAMABAD: Oil marketing companies (OMCs) in April 2024 posted monthly sales of 1.1mn tons which is six months low... Published 03 May, 2024 06:29am
Print Prices of petrol, diesel likely to be slashed Federal government expected to decrease price of petrol by Rs4.88 per litre Updated 26 Apr, 2024 12:28pm
Pakistan Govt keeps petrol price unchanged, reduces HSD’s by Rs1.77 per litre Revised prices to take effect from March 16 Published 15 Mar, 2024 11:23pm
Markets Cnergyico Pk anticipates investment of over $1bn in refinery upgradation Cnergyico Pk Limited, formerly known as Byco Petroleum Pakistan Limited, sees its anticipated investment at over $1... Updated 08 Mar, 2024 11:31pm
Business & Finance Price of diesel hiked by Rs8.37, petrol’s by Rs2.73 ISLAMABAD: Interim government on Thursday decide to raise the ex-depot prices of petroleum products up to Rs 8.37... Published 16 Feb, 2024 06:02am
World Iran Guards seize foreign vessel carrying ‘smuggled’ fuel TEHRAN: Iran’s Revolutionary Guards seized Sunday a foreign oil tanker carrying around two million litres of... Updated 28 Jan, 2024 10:49pm
Print PARCO pipeline: Customs unearths ‘tunnel’ dug for stealing diesel KARACHI: Customs Intelligence has busted a gang stealing non-duty paid diesel from the PARCO oil pipeline via a... Updated 25 Jan, 2024 09:46am
Opinion Attaining energy security through coal Coal is back but with application of Clean Coal Technologies which augers well for Pakistan, this was the clear... Published 07 Jan, 2024 02:43am
Markets Asian refiners face diesel supply glut in 2024 SINGAPORE: Diesel supply in Asia is set to jump in 2024 fueled by new refineries in the Middle East and robust... Published 28 Dec, 2023 10:28am
Markets China’s November diesel exports down 44.9% on last year despite weak domestic demand BEIJING: China’s diesel exports in November were down 44.9% on last year at 1.16 million metric tons, data showed on... Published 18 Dec, 2023 11:25am
Markets Emergency EU oil meeting focused on securing diesel supply BRUSSELS: European Union officials discussed diversifying oil stocks and creating a buffer for diesel and gasoil... Published 28 Oct, 2023 05:58am
Markets Diesel release valve: China poised to save West from shortages again As the northern hemisphere heads into winter, the U.S. and European oil sectors are counting on rising exports from... Published 13 Oct, 2023 08:43pm
Markets Pakistan Refinery says it has achieved historic production in September Pakistan Refinery Limited (PRL), a subsidiary of Pakistan State Oil Company Limited (PSO), said it achieved a... Published 11 Oct, 2023 03:09pm
BR Research Diesel: Low(est) demand or high(est) smuggling? September 2023 petroleum sales numbers were a rude awakening – laying bare so many things simultaneously. From the... Published 10 Oct, 2023 09:05am
Business & Finance BMP demands govt slash oil prices LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’ Businessmen Panel (BMP) has asked the... Updated 09 Oct, 2023 09:37am
Business & Finance Current Ogra pricing: Exchange rate adjustment for PSO not incorporated: OCAC ISLAMABAD: The Oil Companies Advisory Council (OCAC) says that the exchange rate adjustment for Pakistan State Oil... Published 07 Sep, 2023 06:21am
Print Construction of bonded warehouses: Policy introduced to facilitate foreign oil firms LAHORE: Minister of State for Petroleum Dr Musadik Malik said on Wednesday that government had introduced a new... Updated 29 Jun, 2023 03:21pm
Markets EU urged to crack down on imports of Indian fuels made with Russian oil: FT The European Union should crack down on India reselling Russian oil into Europe as refined fuels including diesel,... Published 16 May, 2023 09:56am
Markets Incentive to refineries: Petroleum Div for Rs3/litre hike in prices of petrol, diesel ISLAMABAD: Petroleum Division has reportedly proposed increase of rates of Motor Spirit (MS) and High Speed Diesel... Published 03 May, 2023 06:35am
Markets Parco shuts refinery for five days for maintenance ISLAMABAD: Pak-Arab Refinery Ltd temporarily shut down its refinery operations for five days as part of its ... Published 07 Apr, 2023 06:06am
Markets ‘Scheduled maintenance’: PARCO shuts down refinery for 5 days Shutdown not expected to disrupt supply of petrol and diesel in Pakistan, it says Published 06 Apr, 2023 05:08pm
Markets India extends export curbs on gasoline, diesel MUMBAI: India has extended restrictions on the export of diesel and gasoline, the government said in a notification,... Published 02 Apr, 2023 12:54pm
Markets India plans to extend fuel export curbs NEW DELHI: India plans to extend restrictions on the export of diesel and gasoline after the current fiscal year ... Published 21 Mar, 2023 06:29am
Markets Sufficient petrol, diesel stocks available in Pakistan: OGRA The Oil and Gas Regulatory Authority (OGRA) on Tuesday “strongly rebutted” speculations over the shortage of... Updated 24 Jan, 2023 04:15pm
Markets PSO sends huge quantity of petrol, diesel to Mansehra MANSEHRA: While taking notice of the shortage of petroleum products in the district Mansehra, Area Manager of... Published 24 Jan, 2023 08:16am
Markets China’s diesel, gasoline exports surge in Dec on quotas, weak demand LONDON: China’s diesel exports rose for a second month in December, while gasoline exports climbed for a third... Published 18 Jan, 2023 05:15pm
Markets Gasoil margins down on mixed oil, cautious sentiment SINGAPORE: Gains in Asia’s 10 ppm sulphur gasoil margins were shortlived on Tuesday, with the market weakening... Published 18 Jan, 2023 07:07am
Markets Asia distillates: gasoil margins, premiums down SINGAPORE: Asia’s 10-ppm sulphur gasoil margins weakened on expectations of rising supply in the next few months... Published 04 Jan, 2023 07:01am
Business & Finance US poised to become net exporter of crude oil in 2023 HOUSTON: The United States has become a global crude oil exporting power over the last few years, but exports have... Published 20 Dec, 2022 05:58am
Print Petrol, diesel and LNG at discounted rates: Russian ministers due next month ISLAMABAD: A Russian ministerial delegation is scheduled to visit Pakistan in January 2023 for further negotiation ... Updated 06 Dec, 2022 09:33am
