Petroleum imports snapshot The previous fiscal year, FY23, witnessed a slump in petroleum product imports as the demand for petroleum products... Published 19 Aug, 2024 07:49am
Print Prices of petrol, diesel slashed ISLAMABAD: Finance Division has notified reduction in petroleum prices up to Rs8.47 per litre with effect from... Updated 14 Aug, 2024 10:14am
Markets PPL augments production KARACHI: Pakistan Petroleum Limited (PPL) has announced a substantial augmentation in its production output, with ... Published 24 Apr, 2024 03:50am
Business & Finance Jul-Mar petroleum group imports dip 7.63pc ISLAMABAD: Petroleum group imports have decreased by 7.63 per cent to $12.084 billion during July-March 2024 from... Published 19 Apr, 2024 05:07am
Business & Finance March sales of petroleum products jump 4pc YoY KARACHI: The total sales of petroleum products in the country increased by 4 percent on year-on-year basis to 1.15... Published 03 Apr, 2024 05:29am
Print Gas from new discoveries: SNGPL opposes giving half share to ‘third party players’ ISLAMABAD; Sui Northern Gas Pipeline Company Limited (SNGPL) has opposed allocation of 50 per cent indigenous gas... Updated 29 Jan, 2024 09:37am
Business & Finance Petroleum concession deals, exploration licences signed ISLAMABAD: Petroleum Concession Agreements (PCAs) and Exploration Licences (ELs) over block no Kotra East (2867-8),... Updated 25 Jan, 2024 09:41am
Print Jul-Dec: Petroleum group imports down 13.78pc YoY ISLAMABAD: Petroleum group imports witnessed a negative growth of 13.78 per cent during the first half... Updated 20 Jan, 2024 08:30am
Print Dec petroleum products’ sales fall 7pc YoY KARACHI: Total sales of petroleum products in the country declined by 7.0 percent on year-on-year basis to 1.24... Updated 03 Jan, 2024 09:28am
Markets Jul-Oct: Petroleum group imports register negative growth of 16.93pc ISLAMABAD: Petroleum group imports witnessed a negative growth of 16.93 percent during the first four months... Published 18 Nov, 2023 06:03am
Markets POL sales plunge 24% YoY amid high prices, economic distress Sale of total petroleum products clocked in at 1.26 million tons in October Updated 02 Nov, 2023 05:11pm
Business & Finance Mideast conflict: Oil investors rotate from WTI to Brent: Kemp LONDON: Portfolio investors tiptoed back into the petroleum market last week, after three weeks of heavy selling, as... Published 24 Oct, 2023 05:05am
BR Research Wholesale price hike: Far from over If petroleum does not do it, electricity will. That has been the story of wholesale prices for a while as WPI index... Published 04 Aug, 2023 08:25am
Pakistan MPCL drills, tests another well in Daharki KARACHI: Mari Petroleum Company Limited (MPCL) has successfully drilled and tested a second horizontal development... Published 28 Jul, 2023 03:03am
Business & Finance Petroleum dealers’ margin: Final report to be released tomorrow KARACHI: The State Minister for Petroleum Dr Musadaik Malik has said that increase in petroleum dealers’ margin... Published 23 Jul, 2023 03:25am
Business & Finance Bonded Bulk Storage Policy will end fuel hoarding, reduce pressure on rupee: Musadik Malik Minister says second Russian oil shipment has reached Pakistan Updated 28 Jun, 2023 08:16pm
Opinion Managing energy imports to save forex reserves Pakistan relies on imports for 49 percent of its primary energy supplies, which strains its already limited foreign... Updated 22 Jun, 2023 06:12am
Markets Pakistan’s petroleum sales plummet 40% year-on-year in May Sale of petroleum products in Pakistan clocked in at 1.3 million tons in May 2023, a decline of over 40%... Published 02 Jun, 2023 04:42pm
Business & Finance Recovery of Rs445bn GIDC: Petroleum Div seeks help of AGP ISLAMABAD: The Petroleum Division has sought the Attorney General of Pakistan (AGP)’s assistance in recovering Rs... Published 07 Mar, 2023 03:16am
Business & Finance Jul-Jan petroleum group imports show negative growth ISLAMABAD: Petroleum group imports witnessed a negative growth of 9.27 percent during the first seven months... Published 18 Feb, 2023 03:33am
Editorials Fixing power sector will be a long haul EDITORIAL: Pakistan’s energy imports - petroleum, LNG, LPG, and coal-stood at $25 billion in the last fiscal ... Published 10 Feb, 2023 03:56am
BR Research Petroleum consumption ebbing The downward streak in petroleum consumption continues as January 2023 sales by the oil marketing companies fall by... Published 03 Feb, 2023 09:30am
Markets PD seeks extension in D&PL for Hala Block ISLAMABAD: Petroleum Division has sought extension in Adam X-1 Development and Production lease (D&PL) for Hala... Published 25 Jan, 2023 06:25am
Business & Finance Petroleum group imports show negative growth ISLAMABAD: Petroleum group imports witnessed a negative growth of 8.80 percent during the first half (July-December)... Published 20 Jan, 2023 06:10am
Print Fuel prices kept unchanged amid speculation Government adjusts rates of petroleum levy (PL) with effect from today Updated 16 Jan, 2023 09:40am
Business & Finance No change in prices of petroleum products: Ishaq Dar Price of petrol will remain at Rs214.80 and diesel will remain at Rs227.80 Published 15 Jan, 2023 03:54pm
Markets Petroleum products: sales down 11% year-on-year to 1.33mn tons in December Sales of total petroleum products clocked in at 1.33 million tons in December 2022, a decline of over 11% on a... Published 03 Jan, 2023 03:37pm
Markets Low pressure issue: Petroleum secy, SNGPL asked to solve problem ISLAMABAD: On the directions of Minister of State Dr Musadik Malik, the secretary petroleum is spearheading... Published 23 Dec, 2022 05:54am
BR Research Petroleum spending hits record high Petroleum consumption (gasoline and HSD) in the fiscal year to date has come down 19 percent year-on-year. Petrol... Published 08 Dec, 2022 08:11am
Capacity-based model transition to take-and-pay model: 24 conditions proposed to strike new deals between govt, IPPs
Capacity-based model transition to take-and-pay model: 24 conditions proposed to strike new deals between govt, IPPs
