Islamabad, November 30, 2024: The government of Pakistan has announced an increase in the prices of key petroleum products for the first half of December 2024. The adjustment, based on recommendations from the Oil and Gas Regulatory Authority (OGRA), reflects global market trends and rising oil prices.
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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.
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Expected Petroleum Prices in Pakistan for December 2024
Pakistan is anticipated to raise petroleum product prices starting December 1, 2024, as global oil prices continue to climb. The price adjustment will follow the routine fortnightly review of petroleum prices, with the updated rates scheduled for announcement on November 30, 2024. These revised prices will be effective from December 1 to December 15, 2024.
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PPL Discovers Significant Gas Deposits in Sindh
Pakistan Petroleum Limited (PPL), as the operator of the Shah Bandar Block in Sujawal District, Sindh, has made a significant gas and condensate discovery at the Pateji X-1 well. This marks the second discovery in the block, highlighting its hydrocarbon potential.
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Pakistan Likely to Increase Petroleum Prices for December 2024
Pakistan is expected to raise petroleum product prices starting December 1, 2024, driven by a recent surge in international oil prices. The adjustment will follow the fortnightly review of petroleum prices, with the next update scheduled for November 30, 2024. The revised prices will remain effective from December 1 to December 15, 2024.
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HTL Begins Local Production of ZIC Lubricants
Karachi, November 28, 2024 – HTL Hi-Tech Lubricants Limited (HTL) has announced a significant milestone, commencing local production of high-end synthetic lubricants under its collaboration with South Korea’s SK Enmove Co. Ltd. (SKEN).
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Petroleum Prices in Pakistan for Remaining Days of November
Karachi, November 27, 2024 – The government has announced the petroleum prices in Pakistan for the remainder of November 2024. These rates, set by the Oil and Gas Regulatory Authority (OGRA), will stay in effect until the end of the month.
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KAPCO Secures Lowest Bid for KE Solar Project
Karachi, November 27, 2024 – Kot Addu Power Company Limited (KAPCO) has achieved a significant milestone by submitting the lowest bid for K-Electric’s (KE) proposed solar power project, furthering Pakistan’s shift towards renewable energy solutions.
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OCAC Seeks Smooth Fuel Supply Amid PTI Protests
The Oil Companies Advisory Council (OCAC) has urged the Punjab and Federal Capital administrations to take immediate steps to facilitate the transport of petroleum products, warning of an impending fuel crisis due to ongoing disruptions caused by Pakistan Tehreek-i-Insaf (PTI) protests.
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FPCCI Urges Modernized OGRA Laws for LPG Regulation
Karachi, November 25, 2024 – Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has urged the introduction of updated laws for the Oil & Gas Regulatory Authority (OGRA) to address challenges in the LPG supply chain. He emphasized the need for a regulatory framework that is fair, inclusive, and aligned with the realities of the industry to benefit all stakeholders and consumers.
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Updated Petroleum Prices in Pakistan for November 23, 2024
Karachi, November 23, 2024 – The updated petroleum prices in Pakistan for Saturday, November 23, 2024, will remain in effect until the end of this month.
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