PAC examines audit reports of petroleum division for 2019-20 ISLAMABAD: A parliamentary panel on Wednesday was apprised that the Saudi government’s pledge to set up an ultra... Published 25 Aug, 2022 06:09am
Pakistan Parliamentary body threatens to issue summons to minister, secretary ISLAMABAD: A parliamentary committee expressed displeasure over the continued absence of the minister of state and... Published 24 Aug, 2022 05:08am
Opinion Petroleum price conundrum A visibly agitated Finance Minister Miftah Ismail gave one press conference, addressed the All Parties Economic... Published 22 Aug, 2022 06:33am
Markets OGRA accused of creating unrest among oil marketing firms LAHORE: Oil and Gas Regulatory Authority is deliberately trying to create unrest among the Oil Marketing Industry by... Published 22 Aug, 2022 06:33am
Print UFG losses rates on RLNG distribution reinstated ISLAMABAD: The government has reinstated the rates of Unaccounted for Gas (UFG) losses on the distribution of RLNG... Updated 21 Aug, 2022 09:22am
Print Public transport: OGRA extends ban on LPG as fuel ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has extended the ban on the use of LPG as fuel in public... Updated 21 Aug, 2022 09:22am
Markets Supply chain may suffer as OMCs decrease oil uplift ISLAMABAD: Local oil refineries have hinted that the oil marketing companies (OMCs) have started low uplifting the... Published 19 Aug, 2022 07:49am
Print Miftah says takes ownership of ‘all’ difficult decisions ISLAMABAD: Finance Minister Miftah Ismail Tuesday said he takes ownership of all the difficult decisions taken by... Updated 17 Aug, 2022 09:34am
Markets Experts present suggestions aimed at transforming energy sector ISLAMABAD: The country’s 25 top experts, in a joint open letter to politicians and decision makers have urged to... Updated 16 Aug, 2022 09:36am
Print Oil refineries’ estimates: POL products’ prices may soar by up to Rs16.48 per litre OGRA will send summary to finance division seeking revision on Monday Updated 14 Aug, 2022 04:53pm
Print Import of petroleum products: PSO receives Rs62bn for confirmation of LCs Issue pertaining to confirmation of LCs by local, international banks was resolved few weeks ago Updated 12 Aug, 2022 10:47am
Print Operational modalities sought to supply electricity to SEZs Govt directs power distribution companies to finalise plans as there is no bar on providing electricity to industrial units within Zones under CPEC Updated 07 Aug, 2022 12:00pm
Markets Govt rejects specultions about gas tariff hike ISLAMABAD: Minister of State for Petroleum Dr Musadik Malik on Thursday while assuring no increase in gas rate said... Published 05 Aug, 2022 06:27am
Print Cabinet yet to approve hike in gas rates Under OGRA’s Amended Act, there is a defined period of 40 days after determination of tariff by the regulator following which the determined tariff would automatically become applicable Updated 03 Aug, 2022 10:38am
Print IMF official says country has met final pre-requisite ISLAMABAD: Pakistan has met all prior conditions for the combined 7th and 8th review under the Extended Fund ... Updated 03 Aug, 2022 10:01am
Print Light diesel, kerosene: pricing likely to be deregulated ISLAMABAD: The Federal Government has decided to deregulate pricing of light diesel oil and kerosene oil in... Updated 02 Aug, 2022 10:18am
Print Petrol price cut by Rs3.05, diesel’s increased by Rs8.95 ISLAMABAD: The government Sunday night announced slashing the petrol price by Rs3.05 per litre, and increased the... Updated 01 Aug, 2022 09:21am
Markets Ogra chief visits units making steel cylinders of LPG ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) Chairman Masroor Ahmed Khan, along with the officers of the... Published 31 Jul, 2022 05:39am
Print Cabinet approves hike in petroleum dealers’ margin ISLAMABAD: The federal cabinet has reportedly approved an increase in dealers’ margin to Rs7 per litre on the ... Updated 31 Jul, 2022 09:38am
Business & Finance ECC decides to shift fertilizer, Agritech plants to gas Units want revision of variable contribution margin (VCM) of Rs186 per bag, capping of GST Updated 30 Jul, 2022 11:49am
Print Import of wheat approved: ECC lifts import ban on all items except CBUs, home appliances Gives approval for an increase in petroleum dealers margin by Rs7 per litre both on petrol and diesel from Rs4.90 per litre and Rs4.13 per litre Updated 29 Jul, 2022 09:42am
Markets LPG cylinders: Ogra calls for action against distributors over profiteering ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has written letters to the provincial administrations for... Published 28 Jul, 2022 04:41am
Opinion Will low oil prices sustain? New price of gasoline is 230.24 Rs/liter (7.44% decrease) and diesel’s is 236 Rs/L (14.66% decrease). Gasoline’s... Published 27 Jul, 2022 05:23am
Business & Finance Ogra notifies 20.57pc cut in RLNG price Govt has fixed price at $17.4603 per mmbtu for SNGPL consumers Updated 23 Jul, 2022 01:34pm
Markets Ogra holds meeting on ‘regulatory reforms from consumers’ perspective’ ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) conducted a roundtable on regulatory reforms from ... Published 22 Jul, 2022 06:07am
Print Cut in oil prices likely as PM seeks summary Move comes after prices go down significantly in international market Updated 13 Jul, 2022 09:09am
Pakistan PM Shehbaz seeks summary on reducing fuel prices Minister for Information says premier wants to pass on full benefits of reduced international prices to the masses Updated 12 Jul, 2022 10:34pm
Print ECC informed about the ‘benefit’ of proposed move: Hike in gas tariffs likely to yield Rs666bn revenue Surplus revenue of Rs120 billion to be adjusted by OGRA during review of prices of SNGPL, SSGC Updated 09 Jul, 2022 09:40am
Print ECC decides to raise gas prices Directs to further reduce the gas rates for export and non-export industry/captive power Updated 08 Jul, 2022 09:42am
Print Burden of hike in gas prices to be passed on to rich: minister ISLAMABAD: Minister for State for Energy, Musaddiq Malik hinted that a proposal has been submitted to the federal... Updated 08 Jul, 2022 09:29am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn