Karachi, November 22, 2023 – The Oil and Gas Development Company Limited (OGDCL) announced the successful completion of the Khewari (Suleman 1 & 2) Development Project, marking a significant milestone in the company’s efforts to enhance gas production.
(more…)Category: Energy
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.
-
Pakistan Refinery Strikes Deal to Double Refining Capacity
Karachi, November 21, 2023 – Pakistan Refinery Limited (PRL) announced a groundbreaking agreement on Tuesday, signaling a transformative phase in its operations. The refinery has inked a pivotal license agreement with industry giants Honeywell UOP and Axens for its ambitious Refinery Extension and Upgradation Project (REUP).
(more…) -
Pakistan Petroleum Limited Announces Major Gas Discovery in Sindh Province
Karachi, November 20, 2023 – Pakistan Petroleum Limited (PPL) revealed on Monday a significant breakthrough in the energy sector with the discovery of gas and condensate in District Sujawal of the Sindh Province.
(more…) -
U.S. Treasury Imposes Sanctions on Maritime Entities Violating Coalition Price Cap on Russian Crude Oil
WASHINGTON, November 16, 2023 – In a significant move aimed at curbing financial support for Russia’s invasion of Ukraine, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on three maritime entities and designated three vessels as blocked property.
(more…) -
Citizens Rejoice as Government Extends Sales Tax Holiday on Petroleum Products
Karachi, November 16, 2023 –The citizens in Pakistan are set to continue enjoying a sales tax holiday on the purchase of petroleum products throughout the second half of November 2023 in a move of the government aimed at providing relief to the masses amidst a global economic downturn.
(more…) -
Pakistan Slashes Petroleum Prices, Effective from November 16
In a move aimed at providing relief to the general public, the Pakistani government has announced a significant reduction in the prices of petroleum products, effective from Thursday, November 16, 2023.
(more…) -
Pakistan Announces Petroleum Prices Today for Remaining Half of November 2023
Pakistan today is announcing petroleum prices for remaining half of November 2023, which will applicable from November 16.
(more…) -
FPCCI Estimates Up to Rs20 per Liter Decrease in Petroleum Prices in Pakistan
Karachi, November 13, 2023 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has projected that the country could witness a reduction of up to Rs 20 per liter in petroleum prices starting from November 16.
(more…) -
NEPRA to Review Quarterly Adjustment Request by XWDISCOS, Potential Impact on KE Customers
Karachi, November 10, 2023 – The National Electric Power Regulatory Authority (NEPRA) has announced a scheduled hearing on November 14, 2023, to deliberate on a uniform quarterly adjustment for the first quarter of 2023-24.
(more…)
