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.
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Electricity tariffs slashed by 57% for low-usage consumers: Leghari
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 and diesel prices expected to rise from May 16, 2025
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 secures petroleum exploration rights for seven new blocks
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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FTO directs FBR to resolve long-standing electricity duty issue
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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Petroleum levy yields Rs834 billion for government in 9MFY25
Islamabad, May 10, 2025 – The federal government has reported a substantial increase in revenue collected from the petroleum levy, reaching a total of Rs834 billion during the first nine months (July–March) of the current fiscal year, according to official data released by the Ministry of Finance.
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Pakistan’s petroleum sales surge 32% year-on-year in April 2025
Karachi, May 5, 2025 – Pakistan’s petroleum sector experienced a notable rebound in April 2025, with sales of petroleum products by Oil Marketing Companies (OMCs) reaching 1.46 million tons, marking a sharp 32% increase year-on-year (YoY) and a 20% rise month-on-month (MoM).
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Government eyes Rs90 billion windfall via hike in petroleum levy
Islamabad: The federal government is set to generate an additional Rs90 billion in revenue during the final three and a half months of the current fiscal year by significantly raising the petroleum levy on key fuel products.
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Govt slashes petrol, diesel prices by Rs2 per liter for May 2025
ISLAMABAD – April 30, 2025: The federal government has announced a reduction in petrol and diesel prices by Rs2 per liter, effective from May 1, 2025.
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Pakistan braces for potential hike in electricity tariff this summer
ISLAMABAD – April 30, 2025: Despite plans for temporary relief in electricity bills, Pakistani consumers may face a hike in electricity tariff during the upcoming summer months, government officials revealed during a public hearing convened by the National Electric Power Regulatory Authority (Nepra).
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