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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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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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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Attock Refinery forced to shut down due to smuggling of petroleum products
Attock Refinery Limited (ARL) has been forced to shut down its plant due to ongoing smuggling of petroleum products from neighboring countries.
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Govt. claims big relief in petroleum prices for first half of May 2023
The government of Pakistan on Monday claimed a big relief in petroleum prices for the first half of May 2023.
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Pakistan reduces petroleum prices effective from May 01, 2023
Pakistan on Sunday announced a reduction in prices of petroleum products for the first half of May 01, 2023, following a considerable decline in international oil prices.
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Pakistan likely to slash petroleum prices from May 01, 2023
Pakistan is expected to reduce petroleum prices for the first half of May 2023, as international oil prices have declined and the exchange rate has remained stagnant during the ongoing fortnight.
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Today’s Petrol and Diesel prices in Pakistan as of April 28, 2023
As of April 28, 2023, the prices of petroleum products in Pakistan are as follows: MS (Petrol) – Rs282 per liter, High Speed Diesel Oil (HSD) – Rs293 per liter, Kerosene (SKO) – Rs186.07 per liter, and Light Diesel Oil (LDO) – Rs174.68 per liter.
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OGDC’s profit jumps 42% YoY in 9MFY23
Oil and Gas Development Company Limited (OGDC) on April 27, 2023 announced its financial results for 9MFY23, reporting a profit after tax of PKR 159.64 billion (EPS: PKR 37.12) compared to PKR 112.04 billion (EPS: PKR 26.05) in 9MFY22, reflecting an increase of 42% YoY.
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