Karachi, May 10, 2024 – Pakistan has announced the latest petroleum prices as of Friday, May 10, 2024, providing clarity for consumers refueling their vehicles.
(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.
-
OGDCL Well in Kohat Starts Production
Karachi, May 10, 2024 – Pakistan’s energy landscape received a significant boost as the Oil and Gas Development Company Limited (OGDCL) announced the commencement of gas production at the Togh-02 well situated in Kohat, Khyber Pakhtunkhwa.
(more…) -
Petroleum Levy Collection Doubles to Rs 720 Billion in 9MFY24
ISLAMABAD – The Finance Ministry of Pakistan has announced a significant rise in the collection of petroleum levies, which nearly doubled to Rs 720 billion in the first nine months of fiscal year 2023-24, up from Rs 362 billion in the corresponding period last year.
(more…) -
Pakistan’s Petroleum Sales Dip by 11% in 10 months of FY24
In a concerning turn of economic events, Pakistan has witnessed an 11 percent year-on-year decrease in petroleum sales in the first ten months of fiscal year 2023-24, according to industry reports.
(more…) -
Pakistan Slashes Petrol and Diesel Prices Effective May 1, 2024
Islamabad, April 30, 2024 – In a welcome move for consumers, Pakistan has announced a decrease in the prices of petrol and diesel starting May 1, 2024.
(more…) -
Pakistan Likely to Cut Petroleum Prices For 1st Half of May 2024
Islamabad, April 30, 2024 – Pakistan is poised to lower petroleum prices significantly for the first half of May 2024, reflecting a substantial decline in global oil prices.
(more…) -
China Set to Reduce Petroleum Prices on April 30
April 29, 2024 – Beijing – In a move responding to the recent shifts in international oil prices, China is set to reduce retail petroleum prices starting April 30, 2024.
(more…) -
Pakistan State Oil Reports 30% Profit Surge Over Nine Months
Pakistan State Oil (PSO), the nation’s leading fuel supplier, has reported a robust 30 percent year-on-year increase in after-tax profits for the first nine months of the fiscal year 2023-24, signaling strong financial health amidst challenging economic conditions.
(more…) -
Check Petroleum Prices in Pakistan on April 24, 2024
Pakistan has updated petroleum prices on April 24, 2024. Check the petroleum prices before filling your vehicles’ tanks.
(more…) -
Pakistan’s Oil and Gas Sector Sees Modest Gains
Pakistan’s oil production has recorded a slight increase of 1 percent during the first nine months of the fiscal year 2023-24, driven primarily by contributions from oil fields such as Chak 2, Lashari Centre, Bolan East, and Bettani.
(more…)