Analysts have projected a surge in global oil prices on Monday following Iran’s recent attack on Israel, which occurred over the weekend. However, the extent of further price increases may hinge on the responses from Israel and Western nations.
(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.
-

Pakistan Set to Revise Petroleum Prices Amid Iran Strikes on Israel
Pakistan is poised to adjust petroleum prices for the second half of April 2024 amidst escalating tensions following Iran’s drone attacks on Israel. The revised prices, to be announced on April 15, 2024, will remain in effect until the end of the month.
(more…) -

FBR Invites Bids for Sale of Confiscated Diesel Oil
Karachi, April 13, 2024 – The Federal Board of Revenue (FBR) has initiated the process of auctioning a substantial quantity of confiscated diesel oil, inviting sealed bids from interested parties.
(more…) -

Escalating Middle East Tensions Propel Oil Prices to 6-Month High
Oil prices surged to a six-month high, reaching levels not seen since October, as escalating tensions in the Middle East sent shockwaves through global markets.
(more…) -

CHINT Power Expands Renewable Footprint in Pakistan
Beijing, April 12, 2024 – CHINT Power, a leading provider of solar power solutions, has recently solidified its commitment to Pakistan’s renewable energy sector by signing cooperation agreements with two prominent photovoltaic (PV) companies in the country.
(more…) -

Today Petroleum Prices in Pakistan as of April 12, 2024
As of April 12, 2024, the petroleum prices in Pakistan stand at Rs 289.41 per liter for petrol and Rs 285.56 per liter for High-Speed Diesel (HSD), maintaining the rates set in the previous fortnight.
(more…) -

Minister Labels Power Tariff Reduction as Eid Gift for Citizens
Federal Minister for Information and Broadcasting, Attaullah Tarar, hailed the recent reduction in electricity tariffs as a special Eid-ul-Fitr gift from the government to the citizens.
(more…) -

Minister Sets April 23 Deadline for Electricity Theft Elimination
Federal Minister for Power, Sardar Awais Ahmed Khan Leghari, has announced a bold deadline of April 23, 2024, for eradicating electricity theft across Pakistan.
(more…) -

OGDCL Announces Significant Gas Discovery in Sindh, Pakistan
Karachi, April 8, 2024 – The Oil and Gas Development Company Limited (OGDCL) made a significant announcement on Monday, revealing a substantial gas discovery from a well located in Sindh province of Pakistan, district of Sujawal.
(more…) -

Updated Petroleum Prices in Pakistan During Eid-ul-Fitr Holidays
In the wake of the upcoming Eid-ul-Fitr holidays, the Government of Pakistan has announced updated petroleum prices, effective until the next fortnight revision on April 15, 2024.
(more…)
