Islamabad, August 1, 2023 – The government of Pakistan has officially released the petroleum prices for the first half of August 2023, announcing an increase in the prices of petrol and high-speed diesel (HSD). The finance ministry issued a press release stating that the hike in prices is due to the substantial increase in international petroleum product 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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Pakistan Shockingly Increases Petroleum Prices from August 1, 2023
Islamabad, August 1, 2023 – Pakistan has dealt a blow to its citizens by unexpectedly raising petroleum prices as of today. The Finance Minister, Ishaq Dar, announced an immediate increase in the prices of petrol and high-speed diesel (HSD) by Rs 19.95 and Rs 19.90 per liter, respectively.
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OGDCL Achieves Remarkable Production Boost in July 2023
Karachi, July 31, 2023 – The Oil and Gas Development Company Limited (OGDCL) has announced a significant enhancement in production during the month of July 2023, attributing the success to the adoption of cutting-edge technologies for production optimization.
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Pakistan Set to Announce Petroleum Prices for First Half of August 2023
Islamabad, July 29, 2023 – Pakistan is set to announce petroleum prices for the first half of August 2023 on July 31. Analysts are predicting a significant decline in petroleum prices, as the current government faces a delicate balance between catering to the needs of the citizens and managing economic pressures.
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PSO Joins Forces with PPL and OGDCL for Revolutionary Greenfield Refinery Project
Karachi, July 27, 2023 – In a significant move aimed at enhancing Pakistan’s energy infrastructure, Pakistan State Oil (PSO) inked Memorandums of Understanding (MoUs) with two leading exploration companies on July 27, 2023, to collaborate on the establishment of a Greenfield Refinery Project.
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Government May Amaze Citizens in Last Revision of Petroleum Prices Ahead of Tenure Completion
Islamabad, July 26, 2023 – The Pakistani government is gearing up to announce the last revision of petroleum prices on July 31, 2023, just days before the present legislative assembly completes its tenure on August 12, 2023.
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Pakistan Implements Electricity Tariff Hike as per IMF Agreement
In a move to reduce the deficit and meet the conditions set by the International Monetary Fund (IMF), Pakistan has officially notified an increase in electricity tariffs on Saturday. The decision will affect both industrial and residential consumers.
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Government to Link Conditions to Petroleum Dealer Margin Increase
Karachi, July 22, 2023 – The State Minister for Petroleum, Musadik Malik, has announced that the government will tie the increase in petroleum dealers’ margin to the fulfillment of certain conditions.
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Updated Petroleum Prices in Pakistan Effective From July 22, 2023
Islamabad, July 22, 2023 – Pakistan has revealed the revised petroleum prices, effective from July 22, 2023, until July 31, 2023. This latest update comes as a significant measure to alleviate the burden of inflation on the public.
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Petrol Pumps Across Pakistan Will Remain Open After Dealers Postpone Strike
Karachi, July 21, 2023 – In a significant development, petrol pumps across Pakistan will continue to operate as the Pakistan Petroleum Dealers Association (PPDA) decided to postpone their planned strike for the next 48 hours.
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