The Reform and Revenue Mobilization Commission (RRMC) has proposed the implementation of a marking and monitoring system in the petroleum sector to combat the rampant smuggling of petroleum products in Pakistan.
Pakistan is poised to announce a significant reduction in petroleum prices for the first fortnight of June 2023. This anticipated decline is in response to the imminent arrival of Russian oil, which holds the promise of substantial cost savings compared to prevailing international market prices.
Pakistan is set to make a significant announcement regarding new petroleum prices on May 31, 2023. These prices will be applicable for the first half of June 2023. The decision to unveil the prices comes in light of the imminent arrival of Russian oil, which holds the promise of offering substantial cost savings compared to […]
Pakistan has announced the latest petroleum prices effective from May 25, 2023, providing temporary relief to the public struggling with escalating fuel costs. These prices will remain in effect until the end of the current month, following a government announcement made on May 15, 2023.
KARACHI: Oil and Gas Development Company Limited (OGDCL) and Pakistan Refinery Limited (PRL) have signed a Memorandum of Understanding (MoU) to establish a strategic partnership in the energy industry.
In the coming days, the first shipment of Russian oil will reach Pakistan through small boats, with 100,000 tons of crude oil set to anchor at Oman Port by the end of the month, according to a Pakistani minister.
In April 2023, Pakistan experienced the highest monthly decline in power generation since July 2012. The total power generation during that month decreased by 23 percent year-over-year (YoY) to 10,010 GWh (13,903 MW), compared to 12,960 GWh (18,001 MW) in April 2022.
Today’s petroleum prices in Pakistan as of May 22, 2023, will provide temporary relief to the general public grappling with increasing fuel costs.
In a commendable initiative to support quality education in Pakistan, Pakistan Refinery Limited (PRL) has partnered with The Citizens Foundation (TCF).
Sui Southern Gas Company (SSGC) on Friday announced that the supply of natural gas to Karachi has returned to normal levels, providing relief to residents and businesses.