Karachi, July 2, 2024 – Pakistan Petroleum Limited (PPL) has reported a significant gas discovery in Khairpur District, Sindh Province, with the successful exploration of the Tor-1 well in the Latif Block.
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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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Mari Petroleum Announces Successful Drilling in Sindh
Karachi, July 2, 2024 – Mari Petroleum Company Limited has announced the successful drilling of an appraisal well in the Ghazij Formation, Sindh. This achievement marks a significant milestone in the company’s exploration efforts.
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Pakistan Records Lowest Annual Petroleum Sales in FY24
Karachi, July 1, 2024 – Pakistan has recorded the lowest annual petroleum sales for the fiscal year 2023-24, according to data available since the fiscal year 2005-06.
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OGDCL Announces Production Optimization of Naspha-4 Well
Karachi, July 1, 2024 – The Oil and Gas Development Company Limited (OGDCL) announced on Monday the successful revitalization of the Naspha-4 well. This achievement underscores the company’s ongoing efforts to enhance its production capabilities and optimize resource extraction.
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Pakistan Jacks Up Petroleum Prices for First Half of July 2024
Islamabad, July 1, 2024 – Pakistan has announced an increase in petroleum prices for the first half of July 2024, attributing the hike to a rising trend in the international market.
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Pakistan Approves Petroleum Levy Increase to Rs 70 per Liter
Karachi, June 29, 2024 – Pakistan has approved an increase in the petroleum levy to Rs 70 per liter on the price of petroleum products for the fiscal year 2024-25.
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CPEC Hydropower Project Begins Wet Testing in Pakistan
The first unit of the China-built Suki Kinari Hydropower project in northwest Pakistan has commenced wet testing, marking a significant milestone under the China-Pakistan Economic Corridor (CPEC).
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Pakistan Eyes Over 33% Jump in FY25 Petroleum Levy Collection
Islamabad, June 16, 2024 – Pakistan is bracing for a significant rise in its petroleum levy collection in the upcoming fiscal year, with projections exceeding 33% growth.
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Pakistan Notifies Petroleum Prices for Second Half of June 2024
Islamabad, June 15, 2024 – The Government of Pakistan has announced new petroleum prices for the second half of June 2024. According to a statement released by the Finance Division, the prices of petroleum products have experienced mixed trends in the international market over the last fortnight.
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PM Shehbaz Announces Petrol Price Cut by Rs 10.20 per Liter
Islamabad, June 14, 2024 – Prime Minister Shehbaz Sharif announced a reduction in petrol prices by Rs 10.20 per liter for the remaining days of June 2024. In addition to this, the price of high-speed diesel (HSD) will also be cut by Rs 2.33 per liter.
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