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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.

petroleum

Pakistan confirms adequate petroleum stocks amid ME tensions

June 16, 2025June 16, 2025Mrs. Anjum Shahnawaz

Islamabad, June 16, 2025 – Pakistan has confirmed that it currently possesses sufficient stocks of petroleum products and faces no immediate risk of supply disruption, despite escalating geopolitical tensions in the Middle East (ME).

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oil import pakistan

Petroleum prices hike in Pakistan amid Iran-Israel conflict

June 16, 2025June 16, 2025Mrs. Anjum Shahnawaz

Islamabad, June 16, 2025 – Pakistan has announced a sharp increase in petroleum prices, effective from June 16, 2025, amid rising global oil market volatility triggered by the escalating Iran-Israel conflict. The revision will remain in effect for the remainder of the month, ending June 30.

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Petroleum Prices in Pakistan increase decrease

Pakistan set to announce petroleum prices amid ME tensions

June 15, 2025June 15, 2025Mrs. Anjum Shahnawaz

Karachi, June 15, 2025 – The government of Pakistan is expected to announce revised petroleum prices today for the second half of June 2025, with a likely increase due to rising global oil rates triggered by escalating tensions in the Middle East.

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Pakistan State Oil

PSO reveals alarming scale of petroleum smuggling

June 13, 2025June 13, 2025Shahnawaz Akhter

KARACHI, June 13, 2025 — Pakistan State Oil (PSO) has raised serious concerns over the large-scale smuggling of petroleum products into the country, estimating the volume at a staggering 1,500 to 6,000 tons per day.

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OGDCL gas

PIOL secures strategic offshore block in Abu Dhabi

June 12, 2025June 12, 2025Faisal Shahnawaz

Karachi, June 12, 2025 – In a major milestone for Pakistan’s energy sector, Pakistan International Oil Limited (PIOL) has officially signed a production concession agreement (PCA) for the development of a strategic offshore block in Abu Dhabi, marking a new chapter in the country’s regional energy collaboration.

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Petroleum Prices in Pakistan increase decrease

Government gains power to impose unlimited petroleum levy

June 12, 2025June 12, 2025Shahnawaz Akhter

Islamabad, June 12, 2025 – Brace yourselves, Pakistan! A storm is brewing at the fuel pump as the government has now armed itself with unrestricted power to impose unlimited petroleum levy on fuel products.

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petrol shortage

Govt sets Rs1.47 trillion petroleum levy target FY26

June 11, 2025June 11, 2025Shahnawaz Akhter

In a major revenue-generating initiative, the federal government has set a target of Rs1.47 trillion in petroleum levy collection for the upcoming fiscal year 2025-26, reflecting a sharp 26.4% increase compared to revised estimates of the current fiscal year. This aggressive approach is outlined in the Finance Bill 2025-26 and underscores the government’s reliance on […]

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Petroleum Prices in Pakistan increase decrease

Pakistan introduces carbon levy at Rs2.50 per liter for FY26

June 10, 2025June 10, 2025Shahnawaz Akhter

Islamabad, June 10, 2025 – In a landmark move toward environmental sustainability and fiscal reform, the Government of Pakistan has officially introduced a carbon levy on petroleum products for the first time in its history.

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petroleum prices in pakistan

FBR reports Rs1.80tr petroleum sales tax exemption in FY25

June 10, 2025June 10, 2025Shahnawaz Akhter

Islamabad, June 10, 2025 – The Federal Board of Revenue (FBR) has granted substantial sales tax exemptions on petroleum products during the fiscal year 2024–25, amounting to a staggering Rs1.80 trillion. This figure marks a sharp increase of 34.23% compared to Rs1.34 trillion in sales tax exemptions recorded during the previous fiscal year, according to […]

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Power Distributioni

Power Division denies ban on second electricity meters

June 9, 2025June 9, 2025Mrs. Anjum Shahnawaz

Islamabad, June 8, 2025 – The Power Division has strongly denied widespread rumors suggesting a ban on the installation of second electricity meters, clarifying that no such restriction exists under current regulations.

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