Islamabad, August 31, 2024 – In a move that falls short of the anticipated significant reductions, Pakistan has cut the price of petrol by only Rs 1.86 per liter. This adjustment, which aligns with the recent downward trend in global oil markets, will come into effect from September 1.
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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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Citizens Anticipate Sharp Cut in Petroleum Prices for September
Karachi, August 31, 2024 – As international oil prices continue to fall, the citizens of Pakistan are eagerly awaiting a significant reduction in petroleum prices for the first half of September. The government is expected to announce new petroleum prices today, which will be effective from September 1, 2024.
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Pakistan Likely to Cut Petroleum Prices for Third Straight Fortnight
ISLAMABAD: In a bid to provide relief to consumers amidst fluctuating international oil markets, Pakistan is expected to announce a reduction in petroleum prices for the third consecutive fortnight, effective September 1, 2024.
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PSO Registers Staggering 180% Jump in FY24 Profit
Karachi, August 27, 2024 – Pakistan State Oil (PSO) has reported an extraordinary 180% increase in net profit for the fiscal year 2023-24, marking a significant achievement for the country’s leading oil marketing company.
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OGDCL Strikes Gas Gold in Punjab
Karachi, August 14, 2024 – Oil and Gas Development Company Limited (OGDCL) has announced a major gas discovery in the Mari East Block, located in Rahim Yar Khan, Punjab. This development represents a significant milestone for Pakistan’s energy sector and is expected to bolster the country’s energy security.
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Pakistan Slashes Petroleum Prices to Eases Inflation Woes
Karachi, Pakistan – August 13, 2024: In a much-awaited move that is set to provide significant relief to the inflation-stricken populace, the Pakistan government on Tuesday announced a substantial reduction in petroleum prices.
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OGDCL Launches Tight Gas Production at Sindh’s Nur West Well-1
Karachi, August 12, 2024 – Oil and Gas Development Company Limited (OGDCL), Pakistan’s premier Exploration and Production (E&P) firm, has proudly announced the initiation of tight gas production from its Nur West Well-1 located in Sindh. This marks a significant milestone for the company and the national energy sector.
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FBR Extends Rs 41 Billion Tax Bonanza to Power Sector
Karachi, August 11, 2024 – In a move that is likely to raise eyebrows, the Federal Board of Revenue (FBR) has extended tax concessions worth a staggering Rs 41 billion to the power sector for the tax year 2024.
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Mari Petroleum Achieves Record Annual Earnings in FY24
Karachi, August 8, 2024 – Mari Petroleum Company Limited announced on Thursday that it achieved its highest-ever annual earnings for the fiscal year 2023-24, marking a significant milestone in the company’s history.
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Finally, KE Extends Electricity Bill Payment Deadline
Karachi, August 6, 2024 – Karachi Electric (KE) has announced an extension for electricity bill payments, responding to consumer demands and following directives from Prime Minister Shehbaz Sharif. This move comes as a relief to many residents grappling with the recent surge in power costs.
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