April 04, 2024, Karachi: Engro Energy Limited, a subsidiary of Engro Corporation Limited, has recently inked a significant Share Purchase Agreement (SPA) with Liberty Power Holding (Pvt.) Limited and a consortium, marking the sale of its thermal energy assets portfolio.
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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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OMCs Directed to Ensure Petroleum Supplies During Eid Holidays
The Oil & Gas Regulatory Authority (OGRA) has issued a directive to Oil Marketing Companies (OMCs) to uphold uninterrupted supplies of petroleum products throughout the Eid holidays.
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PRL and Air Link Withdraw Intention to Acquire Shell Pakistan
Karachi, April 3, 2024 – Pakistan Refinery Limited (PRL) and Air Link Communication have jointly announced their decision to withdraw their intention to acquire Shell Pakistan, citing failed negotiations with the seller.
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Pakistan Contemplates Carbon Levy on Petroleum Products
Karachi, April 2, 2024 – In a bid to tackle climate change and reduce carbon emissions, Pakistan is contemplating the introduction of a carbon levy on the sale of petroleum products.
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Pakistan Witnesses 11% Drop in Petroleum Sales in 9MFY24
Karachi, April 2, 2024 – Pakistan’s petroleum sector has encountered a significant decline in sales during the first nine months of the fiscal year 2023-24, recording an 11 percent drop compared to the same period last year.
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Petrol Price Surges to Rs 289.41 per Liter Ahead of Eid-ul-Fitr
Petrol price is climbing, hitting people’s pockets hard just before Eid-ul-Fitr. The government has decided to increase the price of petrol to Rs 289.41 per liter, which could lead to more inflation.
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Pakistan Surprises Nation with Rs 9.66 per Liter Petrol Increase
Islamabad, March 31, 2024 – Pakistan has announced a significant increase of Rs 9.66 per liter in the price of petrol, effective from April 1, 2024.
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Pakistan Raises Petroleum Prices from April 1, 2024?
Every citizen has a question that will Pakistan raise petroleum prices for first fortnight of April 2024 in today’s revision. This question has been emerged after the reports suggested that the government would increase the petroleum prices from April 1, 2024 just ahead of Eid ul Fitr.
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Pakistan Prepares for April 2024 Petroleum Price Surge
Pakistan braces for a notable hike in petroleum prices slated for April 2024 as the nation gears up for the upcoming revision scheduled on March 31, 2024, marking the commencement of the first fortnight of the month.
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Petroleum Prices in Pakistan for Last Two Days of March 2024
Petroleum prices in Pakistan for the final two days of March 2024 stand at Rs 279.75 per liter for petrol and Rs 285.56 per liter for high-speed diesel (HSD). These rates will be effective until March 31, 2024.
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