Russia to send first oil consignment by May ISLAMABAD: Russia will send its first consignment of crude oil to Pakistan by next month (May) after Islamabad ... Published 04 Apr, 2023 03:24am
Print Ministry given six weeks to draft fuel relief package Petroleum Minister Musadik Malik says package is a pricing scheme and not a subsidy Updated 24 Mar, 2023 09:02am
Print Financing fuel subsidy: Rich to pay Rs100 more per litre: govt ISLAMABAD: The government will finance the fuel subsidy (discounted fuel) by charging Rs100 per litre more from the... Updated 23 Mar, 2023 09:31am
Pakistan Govt did not consult ahead of announcing fuel subsidy proposal: IMF Pakistan authorities did not consult with the International Monetary Fund (IMF) staff ahead of announcing their... Updated 21 Mar, 2023 09:02am
Markets 'PM wants difference between fuel prices paid by rich and poor to be Rs100' Minister of State for Petroleum Dr Musadik Malik says owners of luxury cars will pay higher rates, while low-income groups will be given cheaper fuel Updated 20 Mar, 2023 08:38pm
Print Low income people to be provided Rs50/litre subsidy: PM LAHORE: In a major relief measure, the government has announced a petroleum relief package of 50 rupees per litre ... Updated 20 Mar, 2023 09:01am
Markets Pakistan to receive first cargo of Russian crude in April: Musadik Malik Pakistan will receive one-third of its crude oil imports from Russia at concessional rate, says minister for petroleum Updated 17 Mar, 2023 05:04pm
Markets Govt looks to achieve zero 'Unaccounted for Gas' losses by end of tenure: Musadik Malik Minister of State for Petroleum Dr Musadik Malik on Monday said that Unaccounted for Gas (UFG) losses of gas... Updated 13 Mar, 2023 07:31pm
Print Nepra’s ‘inefficiency’ attracts the wrath of cabinet ISLAMABAD: National Electric Power Regulatory Authority (Nepra) reportedly came under fire at a meeting of the... Updated 12 Mar, 2023 09:53am
Markets No shortage of petrol, govt to take action against hoarders: Musadik Malik Minister says that since Wednesday, 900 inspections were carried out in Punjab, with hoarders penalised and a number of petrol pumps sealed Published 09 Feb, 2023 04:56pm
Business & Finance Govt asks OMCs to ensure supply of fuel ISLAMABAD: State Minister for Energy (Petroleum Division) Musadik Malik on Wednesday negated the rumours that... Published 09 Feb, 2023 06:02am
Print Petrol shortage hits major cities of Punjab LAHORE: Long queues of two-wheelers and cars have been witnessed at filling stations in most parts of the Punjab... Updated 09 Feb, 2023 08:46am
Print TAPI gas pipeline: Pakistan willing to go ahead with or without India ISLAMABAD: Pakistan has shown willingness to go ahead with Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas... Updated 08 Feb, 2023 09:09am
Print Power breakdown of Jan 23: Senate panel directs Power Division to conduct probe ISLAMABAD: The Senate Standing Committee on Power Tuesday directed Power Division to probe the power breakdown of... Updated 08 Feb, 2023 09:09am
Print Russian oil supply likely by April Negotiations with Russia were finalised in 45 days: Petroleum State Minister Musadik Malik Updated 04 Feb, 2023 09:13pm
Print Saudi Arabia links oil refinery’s setup with political consensus Saudi Minister of Investment had suggested that in order to develop across the board political consensus and ownership of the oil refinery project the matter may also be tabled before the Parliament Updated 03 Feb, 2023 09:20am
Print Oil purchases from Russia: Payments will be in currencies of ‘friendly’ states Russia’s energy minister says both sides have drafted an agreement to sort out issues like transportation, insurance, payments and loadings Updated 21 Jan, 2023 08:58am
Print Govt wants to meet 35pc of oil requirement through Russia: Musadik ISLAMABAD: State Minister for Petroleum, Musadik Malik Friday said that Pakistan wanted to import 35 percent of its... Updated 21 Jan, 2023 08:51am
Print Govt mulling hiking gas tariffs ISLAMABAD: Petroleum State Minister Musadik Malik, Tuesday, indicated a possible increase in gas tariffs in the... Updated 18 Jan, 2023 08:46am
Pakistan Government has to increase gas prices: Minister of State for Petroleum Musadik Malik says gas being sold at unsustainable rates Updated 17 Jan, 2023 05:51pm
Print Russia all set to discuss oil, LNG deals during IGC Islamabad and Moscow are already in close contact to import Russian wheat Updated 13 Jan, 2023 11:05am
Print Afghan side of CASA-1000: Pakistan, Tajikistan discuss financing options ISLAMABAD: Pakistan and Tajikistan have reportedly discussed financing options of Afghanistan part in Central Asia,... Updated 22 Dec, 2022 09:45am
Markets OGDCL discovers oil & gas reserves in Sindh Oil and Gas Development Company Limited (OGDCL), the largest oil and gas exploration company in Pakistan, on Monday... Updated 19 Dec, 2022 04:36pm
Business & Finance Discounted crude, refined products: Pakistan-Russia IGC to meet in Jan ISLAMABAD: Pakistan-Russia Inter-Governmental Commission (IGC) would arrive in January 2023 for negotiation on... Updated 17 Dec, 2022 09:35am
Pakistan Musadik Malik reiterates Russia will provide Pakistan crude at ‘discounted rates' State minister says govt working with Azerbaijan on a gas purchase framework agreement as well Updated 16 Dec, 2022 07:24pm
Pakistan FM Bilawal says Pakistan not ‘pursuing or receiving’ discounted Russian oil Foreign minister says Pakistan 'exploring' various options Published 15 Dec, 2022 11:36pm
Editorials Fuel imports from Russia EDITORIAL: The Minister of State on Energy (Petroleum Division), Musadik Malik, held a press conference on his ... Published 07 Dec, 2022 05:54am
Print Oil from Russia: Musadik says there will be no US sanctions ISLAMABAD: Minister of State for Petroleum Musadik Malik on Tuesday said that the government is not deliberating on... Updated 07 Dec, 2022 09:47am
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
Opinion Prospects of oil from Russia: much love lost A delegation led by State Minister for Petroleum Musadik Malik, who wasd accompanied by the officials of Petroleum... Published 03 Dec, 2022 05:51am