The evolutionary arc of global oil and why Pakistan’s needs to bend it Pakistan stands at a pivotal energy crossroads. With global momentum pushing toward a post-oil world by 2050[1], as... Updated 19 May, 2025 07:26am
Print Road blockades in Sindh disrupt fuel supply to upcountry KARACHI: Fuel supply to upcountry regions from Karachi has come to a standstill amid ongoing protests and road... Updated 23 Apr, 2025 08:38pm
Budget 2025-26 OCAC submits budget proposals for FY 2025-26 ISLAMABAD: The Oil Companies Advisory Council (OCAC) has submitted a budget proposal for the fiscal year 2025-26 to... Published 11 Apr, 2025 05:38am
Markets OCAC seeks 27pc hike in OMC margin ISLAMABAD: The Oil Companies Advisory Council (OCAC) has sought increase in OMC margin by 27 percent to Rs10/litre... Published 11 Apr, 2025 05:38am
Business & Finance OCAC asks govt to revise OMCs’ margin ISLAMABAD: The Oil Companies Advisory Council (OCAC) asked the federal government to revise Oil Marketing Companies... Published 25 Jan, 2025 06:22am
Business & Finance OCAC thanks mayor for repairing KOIA infrastructure KARACHI: The Oil Companies Advisory Council (OCAC) has expressed its gratitude to Mayor Karachi Barrister Murtaza... Published 23 Jan, 2025 07:38am
Business & Finance Ogra launches state-of-the-art mobile app ‘Raahguzar’ ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra), in collaboration with the Federal Board of Revenue (FBR) and... Published 23 Jan, 2025 07:34am
Editorials Policy inconsistencies major obstacle to investment EDITORIAL: Policy inconsistencies and delays are the biggest impediments to investment. Irrespective of who is in... Published 10 Jan, 2025 03:51am
Print Downstream oil sector deregulation: OCAC refuses to endorse any future road map ISLAMABAD: The Oil Companies Advisory Committee (OCAC) has issued a strong statement, asserting that the oil... Updated 07 Jan, 2025 12:53pm
Markets Punjab, ICT: OCAC seeks facilitation in POL transportation ISLAMABAD: Oil Companies Advisory Council (OCAC) has requested the Punjab and Federal Capital administrations to... Published 26 Nov, 2024 06:59am
Markets Ogra organises workshop ISLAMABAD: In a significant move to enhance transparency, accountability, and operational efficiency in Pakistan’s... Updated 15 Nov, 2024 07:38am
Print PD misses SIFC deadline to resolve issues facing oil refineries ISLAMABAD: The Petroleum Division could not address oil refineries obstacles by November 10th, as mandated by the... Updated 12 Nov, 2024 02:35pm
Business & Finance Surplus of HSD stock: PSO asked to re-evaluate HSD quantities contracted with Kuwait Petroleum Company ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has directed Pakistan State Oil (PSO) to reevaluate the... Updated 04 Sep, 2024 08:49am
Print OCAC opposes Ogra decisions to permit additional HSD imports KARACHI: Repeated decisions of Oil and Gas Regulatory Authority (Ogra) to permit additional HSD imports amidst... Updated 01 Sep, 2024 09:35am
Print Ogra urged to conduct probe: OCAC concerned at discounted sale of imported oil by OMC ISLAMABAD: The Oil Companies Advisory Council (OCAC) has expressed its concern over the sale of imported oil at... Updated 04 Aug, 2024 09:58am
Print Exchange rate adjustment: Ogra endorses PSO’s claim ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has endorsed Pakistan State Oil’s claim for an exchange rate... Updated 17 May, 2024 09:11am
Editorials Oil smuggling EDITORIAL: It’s shocking that at least 4,000 MT of smuggled oil still finds its way into Pakistan every day,... Published 30 Mar, 2024 04:58am
Business & Finance OCAC urges govt to dismantle smuggling network ISLAMABAD: The Oil Companies Advisory Council (OCAC) has urged the government to extend support to aggressively... Updated 26 Mar, 2024 09:44am
Print Amended oil refinery policy notified Refineries’ upgradation will bring in an investment of US $5-6 billion and not only result in cleaner environment-friendly fuels but also major savings of precious foreign exchange Updated 25 Feb, 2024 10:44pm
Pakistan OCAC election ISLAMABAD: The Oil Companies Advisory Council (OCAC), on Monday, elected Adil Khattak, Chief Executive Officer (CEO)... Published 02 Jan, 2024 05:21am
Markets HSD, petrol: Ogra accepts claim of PSO exchange rate adjustment ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) accepted the claim of Pakistan State Oil (PSO) exchange rate... Published 17 Nov, 2023 06:06am
Pakistan Countrywide strike: Govt to hold talks with OTCA, OCAC representatives today ISLAMABAD: The newly-appointed secretary petroleum has scheduled a meeting with the representatives of the Oil... Published 20 Sep, 2023 06:28am
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
Business & Finance Govt hikes petrol and HSD prices, albeit ‘reluctantly’ ISLAMABAD: The coalition government of Pakistan Muslim League-Nawaz (PML-N) has allowed a significant raise of ... Published 02 Aug, 2023 06:47am
Business & Finance HSD price cut: Ogra says has no mandate to review or amend govt policy ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has asked the Oil Companies Advisory Council (OCAC) and Oil... Updated 21 Jul, 2023 08:56am
Markets Cut in HSD price controversy: OCAC says stands by its stance ISLAMABAD: The Oil Companies Advisory Council (OCAC) stands by its stance that the Oil and Gas Regulatory Authority... Published 20 Jul, 2023 03:12am
Business & Finance OCAC renovated office inaugurated KARACHI: The Oil Companies Advisory Council (OCAC) celebrated the grand inauguration of its renovated office. Dr... Published 19 Jul, 2023 03:21am
Print OCAC assails Ogra’s HSD price cut decision ISLAMABAD: The Oil Companies Advisory Council (OCAC) blamed the Oil and Gas Regulatory Authority (OGRA) that forced... Updated 18 Jul, 2023 08:59am
Print Oil import on foreign supplier’s account: OCAC requests govt to convene meeting of stakeholders ISLAMABAD: While raising questions on approval of policy guidelines regarding import of oil on foreign supplier’s... Updated 28 Jun, 2023 09:01am
Print PBS statement full of mistakes: economist ISLAMABAD: Realistic projections for the current year indicate that GDP growth will be negative 4 percent against... Updated 29 May, 2023 08:55am