Karachi, January 31, 2024 – The collection of petroleum levy in Pakistan has experienced an unprecedented surge, witnessing a remarkable increase of 166 percent during the first half (July – December) of the current fiscal year, as reported by data released by the Ministry of Finance.
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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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Pakistan’s Last Revision in Petroleum Prices Before Elections
Karachi, January 31, 2024 – Pakistan today is making last revision in petroleum prices before the general elections. The general elections are scheduled on February 8, 2024 so it is the last revision in petroleum prices by the caretaker government.
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Mari Petroleum Records Staggering 57% Surge in 1HFY24 Profits
Karachi, January 29, 2024 – Mari Petroleum Company Limited (MPCL) has reported a remarkable 57% increase in net profit for the first half (July – December) of the fiscal year 2023-24.
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Latest Petroleum Prices in Pakistan as of January 26, 2024
Karachi, January 26, 2024 – Pakistan has released its latest petroleum prices, effective from Friday, January 26, 2024, showcasing a nuanced approach to economic management.
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Inventory Losses Cast Shadow on OMCs’ 2QFY24 Profitability
Karachi, January 23, 2024 – The second quarter of the fiscal year 2023-24 may witness a dip in profitability for Oil Marketing Companies (OMCs) in Pakistan, primarily due to anticipated inventory losses.
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Fresh Petroleum Prices in Pakistan from January 20, 2024
Following are the fresh prices of petroleum products in Pakistan effective from January 20, 2024. As of this date, the fresh prices of petroleum products are set at Rs 259.34 per liter for petrol and Rs 276.21 per liter for High-Speed Diesel.
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Government Slashes Petrol Price by Rs 8 from January 16
Islamabad, January 15, 2024 – The government of Pakistan has announced a reduction in the price of petrol by Rs 8 per liter, effective from January 16, 2024.
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Pakistan Announces Fortnightly Petroleum Prices Today
Karachi, January 15, 2024 – Today, Pakistan is gearing up for a crucial announcement regarding its fortnightly petroleum prices.
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Latest Petroleum Prices in Pakistan as of January 12, 2024
Islamabad, January 12, 2024 – Pakistan has announced the latest petroleum prices effective from January 12, 2024. This move reflects the government’s commitment to providing stability in the face of economic uncertainties. The established prices will remain in effect until January 15, 2024, unless revised earlier.
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Pakistan Awards New Exploration Blocks to Boost Reserves
Karachi, January 11, 2024 – Pakistan has taken a significant stride in its quest for energy security by awarding new exploration blocks to prominent oil and gas development companies operating within the country.
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