Karachi, May 13, 2024 – Pakistan citizens are brimming with anticipation as the government gears up to potentially unveil a significant reduction in petroleum prices, set to take effect from May 16, 2024.
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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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Saudi Arabia Signals Investment in Pakistan’s Refinery Sector
Islamabad, May 11, 2024 – Saudi Arabia has signaled its eagerness to invest in Pakistan’s refinery sector, marking a pivotal moment in bilateral economic cooperation.
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Today Latest Petroleum Prices in Pakistan as of May 10, 2024
Karachi, May 10, 2024 – Pakistan has announced the latest petroleum prices as of Friday, May 10, 2024, providing clarity for consumers refueling their vehicles.
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OGDCL Well in Kohat Starts Production
Karachi, May 10, 2024 – Pakistan’s energy landscape received a significant boost as the Oil and Gas Development Company Limited (OGDCL) announced the commencement of gas production at the Togh-02 well situated in Kohat, Khyber Pakhtunkhwa.
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Petroleum Levy Collection Doubles to Rs 720 Billion in 9MFY24
ISLAMABAD – The Finance Ministry of Pakistan has announced a significant rise in the collection of petroleum levies, which nearly doubled to Rs 720 billion in the first nine months of fiscal year 2023-24, up from Rs 362 billion in the corresponding period last year.
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Pakistan’s Petroleum Sales Dip by 11% in 10 months of FY24
In a concerning turn of economic events, Pakistan has witnessed an 11 percent year-on-year decrease in petroleum sales in the first ten months of fiscal year 2023-24, according to industry reports.
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Pakistan Slashes Petrol and Diesel Prices Effective May 1, 2024
Islamabad, April 30, 2024 – In a welcome move for consumers, Pakistan has announced a decrease in the prices of petrol and diesel starting May 1, 2024.
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Pakistan Likely to Cut Petroleum Prices For 1st Half of May 2024
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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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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