Islamabad, April 16, 2024 (PkRevenue.com): In a move aimed at providing relief to consumers, the Ministry of Power Division announced today that electricity bills for the month of May will see a significant reduction.
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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 to Raise Petroleum Prices Following Global Impact
BEIJING, April 16, 2024 — China is set to adjust petroleum prices starting Wednesday in response to recent fluctuations in international oil markets, as announced by the country’s top economic planner, the National Development and Reform Commission (NDRC), on Tuesday.
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Pakistan Raises Petrol and Diesel Prices Effective April 16, 2024
Islamabad, April 15, 2024 – Pakistan announced a significant increase in petrol and diesel prices, set to take effect from April 16, 2024, stirring concerns among consumers already grappling with high inflation rates.
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FBR Implements Rules for International Oil Suppliers
Karachi, April 15, 2024 – The Federal Board of Revenue (FBR) has taken significant steps towards streamlining the operations of international oil suppliers in Pakistan by implementing rules under the Customs Bonded Facilities Rules, 2024.
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PM Shehbaz Directs Utilizing Renewable Energy to Cut Oil Imports
Islamabad, April 15, 2024 – Prime Minister Muhammad Shehbaz Sharif has underscored the imperative of harnessing renewable energy sources to mitigate Pakistan’s dependency on oil imports, directing the energy ministry to expedite efforts in this regard.
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Global Oil Prices May Surge Amid Escalating ME Tensions
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.
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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.
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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.
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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.
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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.
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