Seven new exploration blocks: OGDCL secures provisional award ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), the country’s leading exploration and production... Published 15 May, 2025 06:37am
Pakistan Pakistan refineries say catering to fuel needs of armed forces ISLAMABAD: Local refineries assured the government of their full operational readiness to meet the fuel requirement... Updated 06 May, 2025 07:33am
Print LNG import: Petroleum Div proposes reconstitution of body ISLAMABAD: Petroleum Division has proposed reconstitution of Committee on import of Liquefied Natural Gas (LNG)... Updated 05 May, 2025 09:38am
Print PD clarifies CPP levy adjustments to be reflected in future bills ISLAMABAD: Petroleum Division has clarified that any rebate or adjustment in the Captive Power Plants (CPP) levy... Updated 05 May, 2025 09:03am
Markets Petroleum deregulation: dealers seek more time for input KARACHI: Requesting deference of deregulation of petroleum products during the 8th meeting of the Standing Committee... Published 03 May, 2025 06:07am
Business & Finance PPDA urges govt to resolve its demands KARACHI: Pakistan Petroleum Dealers Association (PPDA) has highlighted issues over deregulation, bank charges, and... Published 03 May, 2025 06:07am
Business & Finance Govt cuts petrol, diesel prices by Rs2 per litre for next fortnight The federal government has announced a reduction in petroleum prices for the next fortnight, lowering both petrol... Published 30 Apr, 2025 11:46pm
Markets OMCs and dealers: Body reviews matter of revision in margins ISLAMABAD: The 8th meeting of the Standing Committee on Energy (Petroleum Division) of the National Assembly was ... Published 30 Apr, 2025 06:21am
Print Kandhkot to third-party buyers: PPL seeks PD’s approval to redirect unutilised gas ISLAMABAD: Pakistan Petroleum Limited (PPL) has requested the Petroleum Division’s approval to redirect unutilised... Updated 30 Apr, 2025 08:43am
Business & Finance SNGPL declares highest-ever profit and dividend for FY 2023–24 LAHORE: The Board of Directors of Sui Northern Gas Pipelines Limited (SNGPL), in its meeting held on Saturday, April... Published 29 Apr, 2025 03:07am
Markets PD directs SNGPL, SSGCL to withdraw Grid levy ISLAMABAD: The Petroleum Division issued directives to both gas companies – Sui Northern Gas Pipeline Limited... Updated 18 Apr, 2025 08:31am
Print MS and HSD: PD voices reservations over Rs10 PL hike ISLAMABAD: The Petroleum Division has expressed its reservations over the imposition of an additional Rs10 per litre... Updated 11 Apr, 2025 03:13pm
Pakistan Govt reduces petrol price by Re1, keeps diesel price unchanged The new prices come into effect from March 29 Published 28 Mar, 2025 11:44pm
Business & Finance Reko Diq comes under renewed ECC focus ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet met on Tuesday with Federal Minister for Finance... Published 26 Mar, 2025 05:25am
Print July-Feb 2024-25: More revenue likely by increasing PL by Rs10/litre ISLAMABAD: The federal government anticipates generating additional revenue from March 15 to 31 by increasing the... Updated 18 Mar, 2025 09:32am
Print Jet fuel supplies: ‘PSOCL’s outstanding amount from PIA accumulated to Rs28.88bn as of Feb’ ISLAMABAD: Minister for Energy (Petroleum Division) Ali Pervaiz Malik said that Pakistan State Oil Company Limited’s... Updated 13 Mar, 2025 09:19am
Pakistan Govt reduces petrol, diesel prices for next fortnight New prices come into effect from March 1, 2025 Published 28 Feb, 2025 11:40pm
Print MoE, affiliated depts: PD panel examines budget proposals for PSDP ISLAMABAD: A meeting of the Standing Committee on Energy (Petroleum Division) was convened on Thursday to examine... Updated 28 Feb, 2025 09:15am
Business & Finance OGDCL, E&P to organise ‘Minerals Investment Forum’ ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production (E&P)... Published 27 Feb, 2025 08:08am
Print PD set to clear ethanol-blending policy draft ISLAMABAD: The Petroleum Division is all set to take up draft of volunteer-based ethanol-blending policy to reduce... Updated 09 Feb, 2025 09:58am
Pakistan Govt raises petrol price by Re1, HSD’s by Rs7 per litre New prices come into effect from Feb 1, 2025 Published 31 Jan, 2025 11:41pm
Print Domestic consumers spared: Gas made costlier for captive power plants ECC approves a gas tariff increase from Rs3,000 to Rs3,500 per mmbtu for captive power plants, effective from February 1, 2025 Updated 26 Jan, 2025 10:39am
Markets Pakistan, World Bank agree to expedite implementation of Dasu Hydropower Project Power minister seeks funds, investment for installation of smart metres at distribution level transformers Updated 24 Jan, 2025 10:25pm
Print Gas cost equalisation: SNGPL seeks support of Petroleum Div ISLAMABAD: Sui Northern Gas Pipeline Limited (SNGPL) has sought Petroleum Division’s support for finalisation of gas... Updated 22 Jan, 2025 03:28pm
Pakistan Govt hikes petrol price by Rs3.47, HSD’s by Rs2.61 per litre New prices come into effect from January 16, 2025 Published 15 Jan, 2025 11:26pm
Print Case against PEL: FHL seeks PD’s support in enforcing SICC ruling ISLAMABAD: Frontier Holdings Ltd (FHL), a foreign oil and gas exploration company, has requested assistance from the... Updated 11 Jan, 2025 08:52am
Print Prioritising imported RLNG to domestic gas harms energy sector ISLAMABAD: Pakistan’s energy sector is grappling with escalating financial issues, primarily driven by the forced... Updated 02 Jan, 2025 09:42am
Pakistan Govt increases petrol price by Re0.56, HSD’s by Rs2.96 per litre New prices come into effect from January 1, 2025 Published 31 Dec, 2024 11:39pm
Print Fertilizer plants: Subsidised gas supply fuels circular debt Federal Cabinet discusses issue of supply of gas to local fertilizer industry Updated 30 Dec, 2024 02:43pm
Print Timelines of bidding process sought from PD ISLAMABAD: The Executive Committee (EC) of the Special Investment Facilitation Council (SIFC) has directed the... Updated 30 Dec, 2024 03:41pm