The cost of administered pricing Published 29 Jun, 2026 02:36am EDITORIAL: With international oil prices retreating after the reopening of the Strait of Hormuz, the government’s...
Weekly oil prices to remain unchanged Published 28 Jun, 2026 05:03am ISLAMABAD: The federal government has decided to keep petroleum prices unchanged for the upcoming week starting June...
Oil cos raise the alarm regarding frequent changes in pricing formula Updated 28 Jun, 2026 06:16am ISLAMABAD: Pakistan’s downstream petroleum sector has sounded an unprecedented alarm over what industry...
Govt to remove age restriction of 5 years on commercial imports of used cars Published 21 Jun, 2026 02:30am ISLAMABAD: Federal Secretary, Ministry of Commerce Jawad Paul on Saturday disclosed before National Assembly...
OCAC concerned over inventory gains review, cross-subsidy plans Published 05 Jun, 2026 05:48am ISLAMABAD: The Oil Companies Advisory Council (OCAC) has raised serious concerns over reported government plans to...
May OMC sales plunge 23pc YoY on higher fuel prices Published 03 Jun, 2026 02:34am KARACHI: Pakistan’s oil marketing companies (OMCs) witnessed a sharp decline in petroleum product sales during May...
Apr sale of OMCs drops 6pc MoM Updated 05 May, 2026 09:05am ISLAMABAD: The overall sale of petroleum products fell in April 2026 following an exorbitant hike in prices due to...
OMAP seeks govt’s support to emerging OMCs Published 29 Apr, 2026 05:57am LAHORE: The Oil Marketing Association of Pakistan (OMAP) has urged the government of Pakistan to address the growing...
Ogra disburses approx Rs38bn in PDC to 34 OMCs Updated 18 Apr, 2026 09:06am ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has processed the disbursement of approximately Rs 38 billion...
Reverting to cost-plus structure not the answer Updated 15 Apr, 2026 08:40am EDITORIAL: In the last few weeks, oil and petroleum products’ prices have risen to unprecedented levels, stirring...
Govt may raise PL amid falling global oil prices Updated 09 Apr, 2026 08:52am ISLAMABAD: Concerns over rising revenue shortfall - Rs 610 billion by the Federal Board of Revenue (July-March) with...
Ogra yet to clear backlog: Rs107bn in OMCs’ PDCs stay unsettled Updated 08 Apr, 2026 09:17am ISLAMABAD: Oil Marketing Companies (OMCs) are facing mounting financial strain as up to Rs107 billion in Price...
Requirements for PDCs: Ogra directive perturbs OMCs Updated 04 Apr, 2026 09:20am ISLAMABAD: A recent directive by the Oil and Gas Regulatory Authority (Ogra) has raised concerns within the oil...
OMC sales surge in Pakistan, but ME tensions could test demand Published 02 Apr, 2026 12:38pm On a monthly basis, the OMC sales were up by 13%
March OMCs’ sales volumes surge 13pc MoM Published 02 Apr, 2026 06:03am ISLAMABAD: Despite government initiatives to curb fuel consumption amid the geopolitical tensions arising from the...
Oil Price Differential Claims: Ogra receives first tranche of Rs27bn Published 26 Mar, 2026 05:00am ISLAMABAD: On the directives of the Prime Minister, the Oil and Gas Regulatory Authority (OGRA) has received the...
Is Pakistan braced for next shock? Published 26 Mar, 2026 05:00am Iran War is not confined within the Middle East, its aftershocks are traveling through oil tankers, fertilizer...
Motorcycles, rickshaws and small cars: Mobile app-based fuel quota system finalised Updated 26 Mar, 2026 09:03am ISLAMABAD: The government has decided to launch a mobile app to manage fuel quotas for motorcycles, rickshaws, and...
Rates stay put: Govt to absorb global oil shocks Published 23 Mar, 2026 05:24am ISLAMABAD: The federal government has decided to absorb a significant spike in global oil costs to maintain domestic...
Govt body reviews energy situation: Diesel stocks provide about 24-day cover Updated 19 Mar, 2026 03:33pm Members apprised that refinery output is expected to improve as incoming cargoes are processed
Govt to absorb Rs23bn hit to keep fuel prices unchanged Updated 16 Mar, 2026 09:19am ISLAMABAD: The federal government will absorb a Rs 23 billion hit to keep fuel prices steady. This subsidy, paid as...
OMC sales: Recovery intact but risks mount Updated 11 Mar, 2026 07:04am Pakistan’s oil marketing sector recorded total petroleum product sales of 1.28 million tons in Feb-26, reflecting a...
Hike in prices of POL products: OMCs make Rs113bn profit Published 11 Mar, 2026 05:25am ISLAMABAD: The government’s decision to apply a Rs 55 per litre price jump to current fuel reserves has triggered...
Senate panel voices concern over hike in POL prices Published 10 Mar, 2026 08:02am ISLAMABAD: The Senate Standing Committee on Economic Affairs on Monday voiced serious concern over the sharp...
Hike in prices of POL products: OMCs get Rs113bn windfall profits? Published 10 Mar, 2026 06:09am ISLAMABAD: The government’s decision to apply a Rs 55 per litre price jump to current fuel reserves has triggered...
Aurangzeb tells RCCI delegation: Govt committed to improving investment climate Published 10 Mar, 2026 06:09am ISLAMABAD: The Rawalpindi Chamber of Commerce and Industry (RCCI) on Monday urged Finance Minister Muhammad...
Government appoints new secretary for Petroleum Division Updated 06 Mar, 2026 09:26am ISLAMABAD: Amid speculation about potential fuel shortages in the market due to tensions in the Middle East, the...
PPDA opposes installation of auto gauging system by Feb 12 Updated 30 Jan, 2026 06:49am KARACHI: The federal government’s requirement to install the Auto Gauging System (ATG) by February 12 has raised...
Line fill financing cost: OCAC urges Ogra to review existing recovery methodology Published 19 Jan, 2026 05:15am ISLAMABAD: The Oil Companies Advisory Council (OCAC) has requested Oil & Gas Regulatory Authority (Ogra) to...
Recovery through IFEM: OMC margins, digitisation targets critical: OCAC Published 16 Jan, 2026 05:52am ISLAMABAD: The Oil Companies Advisory Council (OCAC) has urged Ogra propose structured and ring-fenced recovery...