Karachi, July 2, 2024 – Mari Petroleum Company Limited has announced the successful drilling of an appraisal well in the Ghazij Formation, Sindh. This achievement marks a significant milestone in the company’s exploration efforts.
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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 Records Lowest Annual Petroleum Sales in FY24
Karachi, July 1, 2024 – Pakistan has recorded the lowest annual petroleum sales for the fiscal year 2023-24, according to data available since the fiscal year 2005-06.
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OGDCL Announces Production Optimization of Naspha-4 Well
Karachi, July 1, 2024 – The Oil and Gas Development Company Limited (OGDCL) announced on Monday the successful revitalization of the Naspha-4 well. This achievement underscores the company’s ongoing efforts to enhance its production capabilities and optimize resource extraction.
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Pakistan Jacks Up Petroleum Prices for First Half of July 2024
Islamabad, July 1, 2024 – Pakistan has announced an increase in petroleum prices for the first half of July 2024, attributing the hike to a rising trend in the international market.
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Pakistan Approves Petroleum Levy Increase to Rs 70 per Liter
Karachi, June 29, 2024 – Pakistan has approved an increase in the petroleum levy to Rs 70 per liter on the price of petroleum products for the fiscal year 2024-25.
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CPEC Hydropower Project Begins Wet Testing in Pakistan
The first unit of the China-built Suki Kinari Hydropower project in northwest Pakistan has commenced wet testing, marking a significant milestone under the China-Pakistan Economic Corridor (CPEC).
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Pakistan Eyes Over 33% Jump in FY25 Petroleum Levy Collection
Islamabad, June 16, 2024 – Pakistan is bracing for a significant rise in its petroleum levy collection in the upcoming fiscal year, with projections exceeding 33% growth.
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Pakistan Notifies Petroleum Prices for Second Half of June 2024
Islamabad, June 15, 2024 – The Government of Pakistan has announced new petroleum prices for the second half of June 2024. According to a statement released by the Finance Division, the prices of petroleum products have experienced mixed trends in the international market over the last fortnight.
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PM Shehbaz Announces Petrol Price Cut by Rs 10.20 per Liter
Islamabad, June 14, 2024 – Prime Minister Shehbaz Sharif announced a reduction in petrol prices by Rs 10.20 per liter for the remaining days of June 2024. In addition to this, the price of high-speed diesel (HSD) will also be cut by Rs 2.33 per liter.
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Pakistan May Slash Petroleum Prices from June 16
Pakistan is likely to slash prices of petroleum products from June 16, 2024, in its forthcoming fortnightly review scheduled for Saturday, June 15, 2024.
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