LSM hits the stride Published 07 May, 2026 02:13am Large-Scale Manufacturing delivered a strong March close, with year-on-year growth accelerating to 11.09 percent,...
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...
“‘Sunshine gold’ dethrones ‘black gold’” Published 03 Jan, 2025 07:01am Recognising the vast potential of solar energy, countries around the world began making substantial investments in...
Petroleum levy target: a Rs215 billion cut Published 15 Oct, 2024 09:12am The IMF Article IV Report detailing the contours of Pakistan’s latest Extended Financing Facility (EFF) is finally...
Exchange rate for calculating petroleum prices adjusted Updated 17 Sep, 2024 03:34pm ISLAMABAD: The government adjusted the exchange rate used for calculating petroleum products prices with effect from...
Petroleum imports snapshot Published 19 Aug, 2024 07:49am The previous fiscal year, FY23, witnessed a slump in petroleum product imports as the demand for petroleum products...
Prices of petrol, diesel slashed Updated 14 Aug, 2024 10:14am ISLAMABAD: Finance Division has notified reduction in petroleum prices up to Rs8.47 per litre with effect from...
PPL augments production Published 24 Apr, 2024 03:50am KARACHI: Pakistan Petroleum Limited (PPL) has announced a substantial augmentation in its production output, with ...
Jul-Mar petroleum group imports dip 7.63pc Published 19 Apr, 2024 05:07am ISLAMABAD: Petroleum group imports have decreased by 7.63 per cent to $12.084 billion during July-March 2024 from...
March sales of petroleum products jump 4pc YoY Published 03 Apr, 2024 05:29am KARACHI: The total sales of petroleum products in the country increased by 4 percent on year-on-year basis to 1.15...
Gas from new discoveries: SNGPL opposes giving half share to ‘third party players’ Updated 29 Jan, 2024 09:37am ISLAMABAD; Sui Northern Gas Pipeline Company Limited (SNGPL) has opposed allocation of 50 per cent indigenous gas...
Petroleum concession deals, exploration licences signed Updated 25 Jan, 2024 09:41am ISLAMABAD: Petroleum Concession Agreements (PCAs) and Exploration Licences (ELs) over block no Kotra East (2867-8),...
Jul-Dec: Petroleum group imports down 13.78pc YoY Updated 20 Jan, 2024 08:30am ISLAMABAD: Petroleum group imports witnessed a negative growth of 13.78 per cent during the first half...
Dec petroleum products’ sales fall 7pc YoY Updated 03 Jan, 2024 09:28am KARACHI: Total sales of petroleum products in the country declined by 7.0 percent on year-on-year basis to 1.24...
Jul-Oct: Petroleum group imports register negative growth of 16.93pc Published 18 Nov, 2023 06:03am ISLAMABAD: Petroleum group imports witnessed a negative growth of 16.93 percent during the first four months...
POL sales plunge 24% YoY amid high prices, economic distress Updated 02 Nov, 2023 05:11pm Sale of total petroleum products clocked in at 1.26 million tons in October
Mideast conflict: Oil investors rotate from WTI to Brent: Kemp Published 24 Oct, 2023 05:05am LONDON: Portfolio investors tiptoed back into the petroleum market last week, after three weeks of heavy selling, as...
Wholesale price hike: Far from over Published 04 Aug, 2023 08:25am If petroleum does not do it, electricity will. That has been the story of wholesale prices for a while as WPI index...
MPCL drills, tests another well in Daharki Published 28 Jul, 2023 03:03am KARACHI: Mari Petroleum Company Limited (MPCL) has successfully drilled and tested a second horizontal development...
Petroleum dealers’ margin: Final report to be released tomorrow Published 23 Jul, 2023 03:25am KARACHI: The State Minister for Petroleum Dr Musadaik Malik has said that increase in petroleum dealers’ margin...
Bonded Bulk Storage Policy will end fuel hoarding, reduce pressure on rupee: Musadik Malik Updated 28 Jun, 2023 08:16pm Minister says second Russian oil shipment has reached Pakistan
Managing energy imports to save forex reserves Updated 22 Jun, 2023 06:12am Pakistan relies on imports for 49 percent of its primary energy supplies, which strains its already limited foreign...
Pakistan’s petroleum sales plummet 40% year-on-year in May Published 02 Jun, 2023 04:42pm Sale of petroleum products in Pakistan clocked in at 1.3 million tons in May 2023, a decline of over 40%...
Recovery of Rs445bn GIDC: Petroleum Div seeks help of AGP Published 07 Mar, 2023 03:16am ISLAMABAD: The Petroleum Division has sought the Attorney General of Pakistan (AGP)’s assistance in recovering Rs...
Jul-Jan petroleum group imports show negative growth Published 18 Feb, 2023 03:33am ISLAMABAD: Petroleum group imports witnessed a negative growth of 9.27 percent during the first seven months...
Fixing power sector will be a long haul Published 10 Feb, 2023 03:56am EDITORIAL: Pakistan’s energy imports - petroleum, LNG, LPG, and coal-stood at $25 billion in the last fiscal ...
Petroleum consumption ebbing Published 03 Feb, 2023 09:30am The downward streak in petroleum consumption continues as January 2023 sales by the oil marketing companies fall by...
PD seeks extension in D&PL for Hala Block Published 25 Jan, 2023 06:25am ISLAMABAD: Petroleum Division has sought extension in Adam X-1 Development and Production lease (D&PL) for Hala...
Petroleum group imports show negative growth Published 20 Jan, 2023 06:10am ISLAMABAD: Petroleum group imports witnessed a negative growth of 8.80 percent during the first half (July-December)...