PL target revised downward ISLAMABAD: The federal government has revised downward petroleum levy (PL) target for current financial year by 49.8... Updated 27 Nov, 2021 12:34pm
Print Petrol retailers call off strike ISLAMABAD: The Petroleum Dealer Association called off the strike after an agreement reached between the Petroleum... Published 26 Nov, 2021 03:56am
Pakistan PSO, Shell Pakistan, Total stations to remain open today ISLAMABAD: The Petroleum Division, on Wednesday, stated that petrol stations owned by oil marketing companies (OMCs)... Published 25 Nov, 2021 03:53am
Business & Finance Winter season: Textile sector lauds govt’s approach to gas supply to export-oriented sector KARACHI: The value-added textile export sector profoundly appreciates the government thoughtfulness to ensure... Published 21 Nov, 2021 04:19am
Print Domestic sector: Gas supply plan finalised The gas management plan will also be developed to ensure the stable supply of gas to the domestic consumers. Updated 21 Nov, 2021 09:52am
Pakistan SSGC MD expresses satisfaction over company’s participation in ADIPEC KARACHI: Imran Maniar, MD, SSGC has termed the Company’s participation in Abu Dhabi International Petroleum... Published 19 Nov, 2021 04:35am
Print Deemed duty audit: Petroleum Division gives refineries a clean chit ISLAMABAD: Petroleum Division has cleared refineries from any wrongdoing in deemed duty, saying that they have spent... Updated 19 Nov, 2021 09:49am
Print Oil, gas sector: Liquidity crunch hurdle to investment: Tarin ISLAMABAD: Prime Minister’s Advisor on Finance and Revenue, Shaukat Tarin has termed liquidity crunch as a major... Updated 18 Nov, 2021 09:27am
Print Dry-docking controversy: Action suggested against SSGCL for not issuing letter to EETPL ISLAMABAD: Minister for Maritime Affairs Ali Zaidi has reportedly proposed action against officials of Sui Southern... Updated 17 Nov, 2021 10:10am
Print Export sector likely to face gas supply disruptions Apprehensions expressed at a recent meeting of the federal cabinet Updated 16 Nov, 2021 10:53am
Pakistan SSGC refutes reports ISLAMABAD: Sui Southern Gas Company Limited (SSGC) on Sunday refuted reports circulating on social media that it has... Published 15 Nov, 2021 04:55am
Pakistan Ogra revises fines for petroleum value chain licensees ISLAMABAD: The Cabinet Committee on Energy (CCoE) was informed that the fines have been revised for licensees across... Published 12 Nov, 2021 04:46am
Pakistan Newly-appointed ISGSL MD yet to assume charge ISLAMABAD: The newly appointed Managing Director of Inter State Gas Systems (Pvt.) Limited (ISGSL) Nadeem Javed ... Published 07 Nov, 2021 05:39am
Print New terminals: Cabinet asks PD to ensure pipeline capacity allocation availability ISLAMABAD: The Federal Cabinet has directed Petroleum Division to ensure pipeline capacity allocated to each new... Updated 07 Nov, 2021 02:29pm
Print Rs203bn shortfall: Govt will have to raise petroleum levy to Rs30? ISLAMABAD: The federal government will have to raise the petroleum levy (PL) to Rs 30 per litre, the maximum levy... Updated 05 Nov, 2021 04:07pm
Print CCoE set to approve oil, gas sector uplift plan today ISLAMABAD: The Cabinet Committee on Energy (CCoE), which is scheduled to meet on Thursday (today) with Minister for... Updated 04 Nov, 2021 10:55am
Markets POL products’ prices kept unchanged till 15th: FD ISLAMABAD: The Finance Division has announced to maintain the prices of the petroleum products (MS, HSD, SKO, and... Published 03 Nov, 2021 03:54am
Print Supply to fertilizer plants: Ministry seeks Rs1.096bn LPS for payment to SNGPL ISLAMABAD: The Ministry of Industries and Production (MoI&P) has sought Late Payment Surcharge (LPS) of Rs 1.096... Updated 30 Oct, 2021 09:47am
Print Framework for developing strategic reserves: CCoE directs formation of body under Ogra ISLAMABAD: The Cabinet Committee on Energy (CCoE) has directed constitution of a committee under the Ogra with the... Updated 30 Oct, 2021 09:44am
Editorials Harsh winter ahead? EDITORIAL: Pakistan appears to be moving inexorably towards yet another winter of discontent with dimensions... Updated 27 Oct, 2021 10:50am
Print Pakistan wants working group level meeting with KSA to finalise pacts ISLAMABAD: Pakistan is requesting Saudi Arabia to organise a Working Group level meeting to finalise pacts including... Updated 27 Oct, 2021 11:02am
Print Govt to receive Rs60bn GDS from private plants ISLAMABAD: Petroleum Division has testified before a panel of Public Account Committee (PAC) that an amount of Rs.60... Updated 25 Oct, 2021 09:44am
Markets Plan for new LNG terminals in limbo ISLAMABAD: The government's plan to establish two new LNG terminals appears to be in limbo as Minister for Maritime... Updated 19 Oct, 2021 12:41pm
Print PD to submit report on strategic oil reserves to CCoE ISLAMABAD: The Petroleum Division is to submit a report on storage of strategic reserves of oil to Cabinet Committee... Updated 18 Oct, 2021 11:58am
Print PGPCL required to dredge berthing basin soon? ISLAMABAD: The Cabinet Committee on Transport and Logistics (CCoTL), headed by Minister for Maritime Affairs Ali... Updated 15 Oct, 2021 10:00am
Pakistan Attock, Loralai districts: PCAs, exploration licences signed for two blocks ISLAMABAD: The Petroleum Division signed Petroleum Concession Agreements (PCAs) and Exploration Licenses (ELs) for... Published 14 Oct, 2021 04:14am
Print Urea fertilizer plants: Ministry reluctant to supply LNG ISLAMABAD: Ministry of Energy (Petroleum Division) is reportedly reluctant to supply LNG to two urea fertilizer... Updated 12 Oct, 2021 09:53am
Pakistan TAPI project agreement: NA body for removing obstacles ISLAMABAD: The National Assembly Standing Committee on Foreign Affairs, on Thursday, asked the government to take... Published 08 Oct, 2021 04:30am
Markets SSGCL directed to resume gas supply to JJVL LPG plant ISLAMABAD: The Ministry of Energy (Petroleum Division), on Friday, directed the Sui Southern Gas Company Limited... Published 02 Oct, 2021 04:45am
Markets Gas load management plan likely to be approved next week ISLAMABAD: The federal cabinet is likely to ratify the Cabinet Committee on Energy (CCoE)’s decision regarding... Published 01 Oct, 2021 04:07am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?