Petrol per liter price increased to Rs109.20

Islamabad: The government on Friday announced increase in prices of petroleum products for next fortnight and fixed Rs109.20 for per liter petrol, a statement said. The new prices will be implemented with... Read more »

Authorities seal 609 illegal pumps; recover 4.5 million petrol, diesel

Islamabad: Pakistan Customs with the assistance of law enforcement agencies has sealed around 609 illegal pumps selling smuggled petroleum products. Besides, around 4.5 million liters of smuggled petrol and diesel have also... Read more »

Oil production falls by 6 percent in second quarter of current fiscal year

KARACHI: Pakistan’s Oil production fell by 6 percent year on year (YoY) during second quarter of the current fiscal year to 76,331 barrels of oil per day, analysts said on Thursday. This... Read more »

Gas crisis: one day complete shutdown announced for captive power units

KARACHI: The Sui Southern Gas Company Limited (SSGC) on Tuesday announced a complete shutdown of supply for industries during next 24 hours considering the ongoing gas crisis. According to a statement a... Read more »

New Year gift: prices of all petroleum products increased

ISLAMABAD: The federal government on Thursday announced a New Year gift for general public by enhancing prices of all petroleum products next fortnight effective from mid-night of January 01, 2021. According to... Read more »

Shanghai Power allowed extension for public announcement offer to acquire KE shares

KARACHI: Securities and Exchange Commission of Pakistan (SECP) has allowed 90 days extension to Shanghai Power Company to make public announcement of offer to acquire 66.40 percent ordinary shares of K-Electric Limited.... Read more »

POL Products: import unit price plunges by 46%; retail price up 35% in five months

ISLAMABAD: The unit price of imported POL products fell by 46 percent during first five months (July – November) of the current fiscal year, yet the retail petrol price increased by 35... Read more »

Customs invites OMCs for auction of POL products on December 22

ISLAMABAD: Directorate General of Intelligence and Investigation. Customs, Multan has announced auction of huge quantity of POL products on December 22, 2020 at the directorate office. The directorate will auction POL products,... Read more »

POL prices increased; petrol increased to Rs103.69 per liter

ISLAMABAD: The government on Tuesday increased the prices of all petroleum products for next fortnight with effect from December 16, 2020. The Finance Division issued the following new prices of petroleum products:... Read more »

ECC abolishes peak-hour electricity tariff

ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet on Thursday approved abolishment of higher electricity tariff for peak hours. Adviser to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh... Read more »