Ex-secretary petroleum’s absence from meetings: Senate panel to write letter to Establishment Division for action ISLAMABAD: The Senate Standing Committee on Rules of Procedure and Privileges decided to write a letter to the... Published 29 Sep, 2023 06:24am
Print Avoiding financial implications: Power Div asked to revise FGOs of GPPs ISLAMABAD: Directorate General of Gas (Petroleum Division) has urged Power Division to revise Firm Gas Orders (FGOs)... Updated 26 Sep, 2023 09:23am
Print Summary seeking up to 50pc raise in gas sale prices re-submitted Interim Minister for Energy, Muhammad Ali says increase in gas rates ahead of winter was inevitable to contain the gas-sector circular debt Updated 15 Sep, 2023 10:07am
Print 24 spot cargoes: PLL seeks exemption from PPRA conditions ISLAMABAD: Pakistan LNG Ltd (PLL) has sought exemption from applicability of PPRA conditions to procure ... Updated 15 Sep, 2023 08:07am
Print Kakar for steps to tap full potential of natural resources Premier says more steps need to fully utilise potential of Pakistan’s immense natural resources Updated 06 Sep, 2023 10:41am
Business & Finance Resilience in challenging energy market: PSO posts Rs3.6trn gross revenue, Rs5.7bn profit after tax KARACHI: PSO, the nation’s leading energy company, has achieved remarkable progress and demonstrated resilience in... Published 24 Aug, 2023 06:22am
Business & Finance SNGPL audit: Any vacancy on listed co’s BoD required to be filled up within 90 days ISLAMABAD: According to Section 155(3) of the Companies Act, 2017 any casual vacancy on the board of a listed ... Published 18 Aug, 2023 05:42am
Opinion Pakistan mineral outlook Recently, an important conference, ‘Pakistan Mineral Summit’, has been organised in Islamabad by the Petroleum... Updated 16 Aug, 2023 06:18am
Markets MPCL YoY net sales, profit stand at historically highest levels ISLAMABAD: Mari Petroleum Company Limited (MPCL) has announced excellent financial and operational results for the... Published 10 Aug, 2023 06:35am
Print IP gas line project: Iran refuses to accept ‘force majeure’ notice ISLAMABAD: Iran refused to accept the force majeure notice served by Pakistan to suspend work on the... Updated 10 Aug, 2023 09:52am
Print Energy sector reforms: Modalities, framework finalised ISLAMABAD: Finance Minister Ishaq Dar chaired a meeting on reforms in the energy sector at the Finance Division,... Updated 05 Aug, 2023 09:04am
Markets Appointment of SNGPL BoD chairperson: AGP objects to PD’s wrong communication of Cabinet decision ISLAMABAD: The Auditor General of Pakistan (AGP) has raised serious objection over the Petroleum Division whose ... Published 04 Aug, 2023 06:20am
Print Execution of schemes: ECC approves Rs1.016bn TSG for Petroleum Division ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved Rs1.016 billion... Updated 03 Aug, 2023 09:16am
Print Industrial consumers: PLL, SSGC may be allowed to auction off unutilized capacity of LNG ISLAMABAD: The government is likely to allow Pakistan LNG Limited (PLL) and Sui Southern Gas Company (SSGC) to... Updated 25 Jul, 2023 10:04am
Print Five export-oriented sectors: SNGPL directed to supply gas/RLNG without any subsidy ISLAMABAD: Ministry of Energy (Petroleum Division) has directed Sui Northern Gas Pipeline Limited (SNGPL) to supply... Updated 24 Jul, 2023 09:03am
Print IMF condition: Hike in gas prices on the cards ISLAMABAD: The federal government is all set to hike the gas price to meet the International Monetary Fund (IMF)... Updated 16 Jul, 2023 01:41pm
Business & Finance PAC chairman for lifting ban on opening new petrol pumps ISLAMABAD: The Public Accounts Committee (PAC) Chairman, Noor Alam Khan on Friday reiterated that the committee’s... Published 15 Jul, 2023 06:08am
Business & Finance Concerns over Ogra’s ‘anti-OMCs’ bias expressed LAHORE: The emerging Oil Marketing Companies (OMCs) have expressed their concerns regarding the biasness of Oil and... Published 13 Jul, 2023 04:50am
Print Foreign suppliers’ accounts through customs bonded storage facilities: Guidelines for crude oil import issued ISLAMABAD: The Directorate General of Oil (Petroleum Division) has issued guidelines for import of crude oil on... Updated 10 Jul, 2023 08:58am
Print 20,000MT per month from Apr to Sep: Buying LPG spot cargoes exempted from PPRA rules ISLAMABAD: The Federal Cabinet has exempted procurement of 20,000 MT Liquefied Petroleum Gas (LPG) cargoes on the... Updated 02 Jul, 2023 10:25am
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
Print Foreign supplier’s account thru customs bonded storage facilities: Import policy guidelines approved by ECC ISLAMABAD: The Economic Coordination Committee of the Cabinet (ECC) on Tuesday approved policy guidelines for the... Updated 28 Jun, 2023 09:03am
Print Oil import on foreign supplier’s account: OCAC requests govt to convene meeting of stakeholders ISLAMABAD: While raising questions on approval of policy guidelines regarding import of oil on foreign supplier’s... Updated 28 Jun, 2023 09:01am
Print Wali (Bettani) oil & gas field: OGDCL announces commencement of production ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), the operator of the Wali (Bettani) Exploration License... Updated 19 Jun, 2023 09:10am
Print Gas supply from Wali field begins ISLAMABAD: In a landmark development, an injection of gas supply into the SNGPL’s network from the OGDCL’s... Updated 17 Jun, 2023 08:56am
Print ECC advises PD: RLNG demand be firmed up 3 months in advance ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has advised Petroleum Division to ensure that... Updated 17 Jun, 2023 08:48am
Business & Finance Petrol, diesel prices to remain unchanged: Ishaq Dar Prices of petrol and high-speed diesel are Rs262 and Rs253 per litre Updated 15 Jun, 2023 10:13pm
Pakistan ECC approves Rs158m additional funds for HEC ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved Rs157.734 million additional funds for... Published 15 Jun, 2023 06:03am
Print Oil import thru bonded storage facilities: PD asked to consult stakeholders on guidelines ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed Petroleum Division (PD) to consult... Updated 14 Jun, 2023 09:08am
Business & Finance Pakistan, Turkmenistan ink JIP to accelerate work on TAPI ISLAMABAD: In a major development, Turkmenistan and Pakistan have signed a Joint Implementation Plan (JIP) to... Published 09 Jun, 2023 06:20am