Islamabad, September 21, 2024 – Pakistan’s leading oil and gas companies are actively participating in the 8th Silk Route Expo in Xian, China, exploring significant investment opportunities with Chinese firms. This participation highlights Pakistan’s intent to strengthen energy sector collaborations and finalize joint ventures with China in critical areas such as oil and gas exploration, refinery upgrades, and coal conversion technologies.
(more…)Category: Energy
You can go through stories related to energy. The stories are about changes in petroleum prices and updates on energy sector of Pakistan and world.
-
Government Adjusts Exchange Rates for Petroleum Prices
ISLAMABAD – The Pakistani government has adjusted the exchange rate used for calculating petroleum product prices, effective from September 16, 2024. This move led to a slight reduction in the cost of petrol, with minimal impact on high-speed diesel (HSD) prices.
(more…) -
Gunvor, Total Energies Leaders Meet PM Shehbaz on Growth
Islamabad, September 16, 2024 – Gunvor Group Chairman Torbjorn Tornqvist and Vice President of Oceania & Southeast Asia for Total Energies, Mehmet Celepoglu, met with Prime Minister Muhammad Shehbaz Sharif on Monday to explore potential investment opportunities in Pakistan’s growing energy sector.
(more…) -
Pakistan Sharply Reduces Petroleum Prices for 2nd Half of September 2024
Islamabad, September 15, 2024 – In a major relief to consumers, Pakistan announced a sharp reduction in petroleum prices for the second half of September 2024.
(more…) -
Pakistan Set to Slash Petroleum Prices for 2nd Half of September
ISLAMABAD – September 14, 2024 – As international oil prices continue their downward trend, the Pakistani government is preparing to implement a significant reduction in fuel prices for the second half of September 2024.
(more…) -
Oil Marketing Association, Commerce Plan Growth in Balochistan
Karachi, September 14, 2024 – The Oil Marketing Association of Pakistan, under the leadership of Senior Vice Chairman Tariq Mehmood, met with Federal Minister for Commerce Jam Kamal Khan on Saturday to discuss the expansion and development of the fuel oil industry in Balochistan.
(more…) -
Pakistan Oil Prices Today September 11, 2024
Karachi, September 11, 2024 – The oil prices in Pakistan as of today are as follows: petrol is priced at Rs 259.10 per liter, and high-speed diesel (HSD) stands at Rs 262.75 per liter.
(more…) -
Pakistan Registers 14% Fall in Oil Sales YoY in August 2024
Karachi, September 3, 2024 – Pakistan oil sales have recorded a notable decline of 14% year-on-year (YoY) for August 2024, according to an analysis by Topline Securities.
(more…) -
Pakistan Reduces Petrol Price by Just Rs 1.86 per Liter
Islamabad, August 31, 2024 – In a move that falls short of the anticipated significant reductions, Pakistan has cut the price of petrol by only Rs 1.86 per liter. This adjustment, which aligns with the recent downward trend in global oil markets, will come into effect from September 1.
(more…) -
Citizens Anticipate Sharp Cut in Petroleum Prices for September
Karachi, August 31, 2024 – As international oil prices continue to fall, the citizens of Pakistan are eagerly awaiting a significant reduction in petroleum prices for the first half of September. The government is expected to announce new petroleum prices today, which will be effective from September 1, 2024.
(more…)