In a recent development, the Pakistani government has revealed the petroleum prices for December 7, 2023, applicable in major cities such as Karachi, Lahore, and Islamabad.
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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 Oil Sales Rise by 9% in November 2023 Amidst Falling Prices
Karachi, December 4, 2023 – Pakistan has witnessed a significant upswing in oil sales, marking a 9 percent Month-on-Month (MoM) increase in November 2023. The surge in sales is attributed to the declining prices in the petroleum market.
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FBR Achieves Rs 722 Billion in Revenue from Petroleum Duties and Sales Tax in FY23
Karachi, December 2, 2023 – The Federal Board of Revenue (FBR) has successfully garnered Rs 722 billion through customs duty and sales tax on the import and supply of petroleum products during the fiscal year 2022-2023.
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Pakistan Announces Petroleum Price Reductions, Excluding Petrol, for Early December
Islamabad, November 30, 2023 – Pakistan has declared a reduction in petroleum prices, with the exception of petrol, for the first half of December 2023. The decision comes as part of the government’s effort to address economic considerations and provide relief to consumers.
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Announcement of New Petroleum Prices for First Half of December 2023 Scheduled Today
Islamabad, November 30, 2023 – Pakistan is gearing up to reveal the petroleum prices for the first half of December 2023 today as part of its fortnightly revision of fuel costs.
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K-Electric Planned Rs 484 Billion Investment Affirms Commitment to Quality Services, Says CFO
Karachi, November 28, 2023 – Aamir Ghaziani, the Chief Financial Officer of K-Electric, expressed the company’s dedication to providing high-quality services as he announced the planned Rs 484 billion investment and the proposed addition of 1,200 MW of renewable energy.
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Government Recovers Rs 34 Billion in Unprecedented Crackdown Against Power Theft
Islamabad, November 26, 2023 – The government of Pakistan has successfully recovered an astounding Rs 34 billion during its ongoing crackdown against power theft.
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Current Petroleum Prices in Pakistan on November 24, 2023
The current petroleum prices in Pakistan on November 24, 2023 and onwards are as: Petrol per liter is Rs 281.34; and High Speed Diesel per liter is Rs 296.71.
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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).
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