Deregulation of POL products’ prices: Petroleum Div to finalise framework today ISLAMABAD: A crucial meeting is set to take place on Thursday (today) at the Petroleum Division to finalise the... Updated 25 Jul, 2024 09:57am
Pakistan Govt reduces petrol price by Rs4.74, HSD’s by Rs3.86 per litre New prices come into effect from June 1, 2024 Updated 01 Jun, 2024 12:46am
Markets Khaqan demands govt deregulate petroleum sector ISLAMABAD: Former prime minister Shahid Khaqan Abbasi said on Wednesday that the entire petroleum sector of the... Published 30 May, 2024 06:19am
Pakistan Govt reduces petrol price by Rs5.45, HSD’s by Rs8.42 per litre New prices come into effect from May 1, 2024 Updated 01 May, 2024 12:51am
Editorials Deregulating petroleum sector: curb smuggling first EDITORIAL: Finance minister Mohammad Aurangzeb recently said in a conference that bold energy and taxation reforms... Updated 30 Apr, 2024 12:40pm
Business & Finance 9MFY24: PSO posts Rs13.4bn profit KARACHI: Pakistan State Oil (PSO), the leading energy company, maintained its industry dominance and demonstrated... Published 27 Apr, 2024 05:03am
Print Spectrum of illegal activities: PM, COAS, CMs take stock of situation PM Shehbaz Sharif says electricity theft is around Rs400-500 billion per annum Updated 30 Mar, 2024 08:26pm
Print Revenue requirements for gas companies; PM directs third-party forensic analysis ISLAMABAD: Prime Minister Shehbaz Sharif has ordered a third-party forensic analysis of revenue requirements for Sui... Updated 21 Mar, 2024 08:40am
Pakistan Govt keeps petrol price unchanged, reduces HSD’s by Rs1.77 per litre Revised prices to take effect from March 16 Published 15 Mar, 2024 11:23pm
Print Tight gas, undersea oil and gas reserves: PM speaks of criticality of investment Prime Minister Shehbaz Sharif directs to provide all kinds of facilities to private sector and local and foreign investors in oil and gas discovery Updated 12 Mar, 2024 04:52pm
Print Energy sector revolving debt has reached Rs5,422bn: minister ISLAMABAD: Caretaker Energy Minister Muhammad Ali on Tuesday said that total revolving debt of the energy sector is... Updated 28 Feb, 2024 10:12am
Print ‘Innovative’ plan set to reduce circular debt ISLAMABAD: Caretaker Minister for Power and Petroleum, Muhammad Ali, has set an extremely ambitious circular debt... Updated 31 Jan, 2024 09:32am
Opinion Obituary Wasim Zuberi: a gentleman extraordinary departs On 15th December 2023 in Islamabad, the family of Wasim Zuberi lost their lovable patriarch, the petroleum sector... Published 30 Dec, 2023 06:28am
Print Refinery sector: SIFC for assessing Sinopec’s interest ECC also directs Petroleum Division that other interested (credible) parties should be also identified and update be shared with the Apex Council (AC) in its forthcoming meeting Updated 06 Nov, 2023 12:04pm
Print Gas tariff hike won’t affect 57pc consumers: govt Minister for Energy Muhammad Ali says increase in gas tariffs will help control and end the ever-increasing circular debt of petroleum sector Updated 27 Oct, 2023 11:30am
Print Petroleum sector: Pakistan, China sign MoU on $1.5bn investment BEIJING: The United Energy Group of China and Pakistan Refinery Limited on Wednesday signed a Memorandum of... Updated 19 Oct, 2023 09:35am
Editorials More fiscal crises EDITORIAL: The “cash flow crisis” threatening petroleum sector exploration and production (E&P) companies,... Published 23 Sep, 2023 05:58am
Print Construction of bonded warehouses: Policy introduced to facilitate foreign oil firms LAHORE: Minister of State for Petroleum Dr Musadik Malik said on Wednesday that government had introduced a new... Updated 29 Jun, 2023 03:21pm
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
Markets Ogra peruses concerns raised by OMAP ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has perused the concerns raised by the Oil Marketing... Published 23 Jun, 2023 06:00am
Markets Petroleum sector Rs1.5bn set aside under PSDP ISLAMABAD: The federal government allocated development funds of Rs1.5 billion under the Public Sector Development... Published 11 Jun, 2023 03:55am
Print Swelling circular debt also affects NPPs ISLAMABAD: As the country’s energy sector is facing a cumulative circular debt of stock of over Rs 4 trillion,... Updated 23 May, 2023 08:51am
Print Petroleum sector: Govt plans to curtail circular debt to Rs600bn ISLAMABAD: The Petroleum Division has devised a strategy for curtailing Rs1.7 trillion petroleum sector circular... Updated 21 May, 2023 02:55pm
Print POL products’ prices may be adjusted in PL ISLAMABAD: The government may likely to adjust the prices of petroleum products in petroleum levy (PL) which the... Updated 15 Nov, 2022 09:44am
Business & Finance Litigations against Ogra on the rise ISLAMABAD: The number of court cases involving billions of rupees has increased by 240 cases against the Oil and Gas... Updated 17 Sep, 2022 11:03am
BR Research Energy prices: More pain coming your way As much as the government may want to talk down the inflation expectations, the very actions agreed with the IMF... Published 06 Sep, 2022 08:36am
Opinion Deregulating the oil sector – I There has often been talk of deregulating the petroleum sector. There are pros and cons which have been hotly... Published 20 Aug, 2022 03:41am
Print Staff-level deal with IMF in a few days: minister ISLAMABAD: Finance Minister Miftah Ismail Friday said a staff-level agreement with the International Monetary Fund... Updated 02 Jul, 2022 09:53am
Pakistan OGDCL donates 45-seat bus to Girls’ College Karak ISLAMABAD: Oil & Gas Development Company Limited (OGDCL) a leader E&P company in Petroleum Sector in ... Published 20 Jan, 2022 04:21am
Print Petroleum sector: SBP amends forex manual for remittance process KARACHI: The State Bank of Pakistan (SBP) on Tuesday has amended the Chapter 14, of the Foreign Exchange Manual for... Updated 15 Dec, 2021 09:51am
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost