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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.

Attock Refinery Limited

Oil refineries applaud resolution of sales tax dispute

May 21, 2025May 21, 2025Shahnawaz Akhter

ISLAMABAD – The chief executive officers (CEOs) of Pakistan’s leading oil refineries expressed their appreciation to the federal government for resolving the long-standing sales tax issue that had been hampering growth and stability in the refining and oil marketing sectors.

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petrol shortage

Pakistan to raise petroleum levy to Rs100 per liter: report

May 20, 2025May 20, 2025Mrs. Anjum Shahnawaz

Islamabad, May 20, 2025 — In a move set to impact fuel prices nationwide, Pakistan is preparing to hike the petroleum levy to Rs100 per liter starting July 2025, according to a report published by The News.

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Pakistan IMF

Government to increase captive power transition levy to 20%

May 19, 2025May 19, 2025Shahnawaz Akhter

The government of Pakistan has announced plans to increase the Captive Power Transition Levy (CPL) to 20% by August 2026, according to an official document.

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Pakistan budget 2025-26

Pakistan set to impose carbon levy in budget 2025-26

May 18, 2025May 18, 2025Shahnawaz Akhter

Islamabad, May 18, 2025 — In a significant policy shift toward environmental sustainability, Pakistan is poised to impose a carbon levy in the upcoming federal budget for fiscal year 2025-26.

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FBR Image 01 New

FBR urged to reinstate sales tax on petroleum products in budget

May 18, 2025May 18, 2025Shahnawaz Akhter

Karachi, May 18, 2025 – The Federal Board of Revenue (FBR) has been strongly urged to reinstate the sales tax on petroleum products in the upcoming 2025-26 federal budget, as per detailed tax proposals submitted by the Overseas Investors Chamber of Commerce and Industry (OICCI).

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petroleum prices in pakistan

Pakistan keeps petrol price unchanged until May 31, 2025

May 16, 2025May 16, 2025Mrs. Anjum Shahnawaz

In a recent announcement, the government of Pakistan has decided to maintain the current petrol price at Rs252.63 per litre for the second half of May 2025.

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Power Distributioni

Electricity tariffs slashed by 57% for low-usage consumers: Leghari

May 15, 2025May 15, 2025Mrs. Anjum Shahnawaz

Islamabad, May 15, 2025 – Federal Minister for Energy, Sardar Awais Ahmad Khan Leghari, announced substantial reductions in electricity tariffs across residential, industrial, and agricultural sectors during the National Assembly’s question hour on Thursday.

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petrol shortage

Petrol and diesel prices expected to rise from May 16, 2025

May 15, 2025May 15, 2025Mrs. Anjum Shahnawaz

ISLAMABAD, May 15, 2025 – Consumers across Pakistan should brace for a potential hike in fuel costs, as the federal government is likely to approve an increase of over Rs 4 per litre in the prices of both petrol and diesel, starting May 16.

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OGDCL gas

OGDCL secures petroleum exploration rights for seven new blocks

May 14, 2025May 14, 2025Shahnawaz Akhter

Karachi, May 14, 2025 – Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading state-owned energy company, announced on Wednesday that it has been provisionally awarded petroleum exploration rights over seven new blocks across various regions of the country.

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Federal Tax Ombudsman Return Filing

FTO directs FBR to resolve long-standing electricity duty issue

May 12, 2025May 12, 2025Shahnawaz Akhter

Islamabad, May 12, 2025 – In a significant move aimed at safeguarding consumers from excessive taxation, the Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to constitute a joint committee to re-evaluate the entire regime of electricity duty and taxes calculated thereon.

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