Pakistan on Monday made a significant announcement on Monday regarding the reduction in petroleum prices, aiming to provide relief to the citizens.
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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 apex trade body calls for significant reduction in petroleum prices
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the country’s apex trade body, on Monday urged the government to announce a substantial reduction in petroleum prices.
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Pakistan set to announce petroleum prices for second half of May 2023
Pakistan is eagerly anticipating the announcement of new petroleum prices for the second half of May 2023, scheduled to be made on May 15.
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Daily petroleum prices in Pakistan for May 2023
Following the last update on May 1, the daily petroleum prices in Pakistan for May 2023 have remained unchanged, offering stability to consumers. The current prices will be effective until May 15, 2023.
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New petroleum prices to be announced by Pakistan on May 15, 2023
Pakistan is gearing up to announce new petroleum prices on May 15, 2023, for the second half of the current month. The decision comes in the midst of falling value of Pakistani Rupee (PKR) and declining trend in global oil prices.
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Petroleum levy collection soars by 189% to Rs362 billion
The collection of petroleum levy in Pakistan has soared by 189 percent to Rs362.48 billion during first nine months (July – March) 2022-2023 as compared with Rs125.56 billion in corresponding months of the last fiscal year, official data revealed.
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Pakistan announces updated petroleum prices for first fortnight of May 2023
Pakistan has updated its petroleum prices for the first fortnight of May 2023, as per the official communication issued by the government.
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LC restrictions taking toll on Thar coal power generation
Restrictions on Letters of Credit (LC) are taking a toll on the economy, particularly on crucial needs such as power generation. The latest development is that coal mining from Thar Block II may be impacted by LC restrictions.
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Shell Pakistan reports heavy loss for Q1 2023 despite increased sales
Shell Pakistan Limited has reported a loss of Rs4.76 billion for the first quarter ending March 31, 2023, according to the financial results submitted to the Pakistan Stock Exchange (PSX) on Thursday.
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Pakistan petroleum sales decline by 47% in April 2023
Pakistan’s sales of petroleum products during April 2023 were recorded at 1.2 million tons, indicating a 47% YoY decrease and a 6% MoM increase.
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