Petroleum prices in Pakistan for the final two days of March 2024 stand at Rs 279.75 per liter for petrol and Rs 285.56 per liter for high-speed diesel (HSD). These rates will be effective until March 31, 2024.
(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 Discovers Hydrocarbons in Khyber Pakhtunkhwa
Karachi, March 26, 2024 – The Oil and Gas Development Company Limited (OGDCL) revealed on Tuesday a significant hydrocarbons discovery in Kohat District, located in the Khyber Pakhtunkhwa Province of Pakistan, marking a milestone in the country’s energy sector.
(more…) -
Smuggled Petroleum Costs Pakistan $35.6M/Month: OCAC
The Oil Companies Advisory Council (OCAC) has unveiled alarming figures, revealing that smuggled petroleum products are inflicting a staggering loss of $35.6 million on Pakistan’s economy every month.
(more…) -
Latest Petroleum Prices in Pakistan Effective From March 23
The latest petroleum prices in Pakistan from March 23, 2024 are: petrol at Rs 279.75 per liter and high speed diesel (HSD) Rs 285.56 per liter.
(more…) -
Pakistan’s Petroleum Imports Drop 11% in 8MFY24
Karachi, March 16, 2024 – Pakistan’s import of petroleum products has seen a significant decline in the first eight months (July-February) of the current fiscal year 2023-24, according to data released by the Pakistan Bureau of Statistics (PBS).
(more…) -
Pakistan Maintains Petrol Price, Cuts Diesel Rates from March 16
Islamabad, March 15, 2024 – In a significant move, Pakistan has decided to maintain the price of petrol while slashing the rate of high-speed diesel for the upcoming fortnight starting March 16, 2024.
(more…) -
Pakistan Adjusts Petroleum Prices Today on March 15
Pakistan is gearing up for a potential adjustment in petroleum prices slated for today, March 15, 2024, which will determine the pricing for the upcoming fortnight starting March 16.
(more…) -
Pakistan to Announce Petroleum Prices for 2nd Half of March 2024
Islamabad, March 14, 2024 – Pakistan gears up for the announcement of petroleum prices scheduled for Friday, March 15, 2024, marking the commencement of the second half of March 2024.
(more…) -
PM Shehbaz Stresses Upon Undersea Exploration for Oil and Gas
Islamabad, March 11, 2024 – In a significant move to harness Pakistan’s untapped natural resources, Prime Minister Shehbaz Sharif chaired a high-level meeting on Monday, highlighting the urgent need for undersea exploration to identify and utilize potential oil and gas reserves.
(more…) -
Aramco Enhances Dividends Amidst Decline in 2023 Profits
Saudi Arabia’s state-owned oil giant, Aramco, announced on Sunday its decision to increase dividends for the past year, showcasing resilience in the face of a net profit dip from $161.1 billion in 2022 to $121.3 billion in 2023, primarily attributed to lower oil prices.
(more…)