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.
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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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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.
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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.
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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.
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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.
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PPL Announces Significant Production Enhancements
Karachi, April 20, 2024 – Pakistan Petroleum Limited (PPL) disclosed an encouraging update on Monday regarding a substantial enhancement in its hydrocarbon production over the past six months, spanning from October 2023 to March 2024.
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Mari Petroleum Announces First Oil Discovery in Sindh
Karachi, April 22, 2024 – In a significant development for Pakistan’s energy sector, Mari Petroleum Company Limited (MPCL) revealed on Monday that it has discovered oil at the Shawal-1 exploratory well in the Sindh province.
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Pakistan Set to Deregulate Petroleum Prices: Reports
Pakistan is poised to deregulate petroleum prices in response to concerns raised by the oil industry regarding the influx of smuggled oil products and the escalating fuel prices, according to recent reports.
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FBR Raises CNG Value by 48% for Sales Tax Charging
The Federal Board of Revenue (FBR) Thursday announced a significant increase in the value of Compressed Natural Gas (CNG) by 48 percent for the purpose of charging sales tax.
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Mari Petroleum Announces Successful Drilling of Appraisal Well
In a significant development within the energy sector, Mari Petroleum Company Limited (MPCL) proudly declared the triumphant drilling of yet another appraisal well within the Mari Development and Production Lease (D&PL) located in Sindh.
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