WASHINGTON: The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Thursday sanctioned nine entities across multiple jurisdictions that have played a critical role in the production, sale, and shipment of hundreds of millions of dollars’ worth of Iranian petrochemicals and petroleum to buyers in Asia.
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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 may soon announce sharp increase in petroleum prices
Pakistan may soon announce sharp increase in petroleum prices with the expected imposition of sales tax, sources said on Wednesday.
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Pakistan, China companies sign MoU to explore renewable energy projects
KARACHI: Pakistan and China companies have signed Memorandum of Understanding (MoU) for collaborate on exploring renewable energy.
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Significant jump in petroleum prices in the offing with expected sales tax imposition
ISLAMABAD: A significant increase in petroleum prices in the offing as the government may impose sales tax at 17 per cent on the petroleum products.
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Russian oil starts arriving Pakistan by April 2023
ISLAMABAD: Russian oil will start arriving Pakistan by April 2023, according to a state minister, who informed the Senate on Friday.
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Oil companies highlight severe impact of PKR depreciation
Oil Companies Advisory Council (OCAC) has highlighted severe impact of Pakistani Rupee (PKR) depreciation on the oil industry in a letter sent to the energy ministry and Oil and Gas Regulatory Authority (OGRA).
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Pakistan petroleum sales plunge by 19pc in 7MFY23
KARACHI: Pakistan sales of petroleum products have plunged by 19 per cent during 7MFY23 first seven months (July – January) fiscal year 2022-2023.
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Today’s petroleum prices in Pakistan February 01, 2023
The prices of petroleum products on February 01, 2023 in Pakistan are: petrol Rs249.80 per liter; high speed diesel Rs262.80 per liter; kerosene oil Rs189.83 per liter; and light speed diesel Rs187 per liter.
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Another sharp hike in petroleum prices likely during IMF team visit
Pakistan is likely to further increase sharply the petroleum prices during visit of a team of the International Monetary Fund (IMF).
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Pakistan sharply increases petroleum prices ahead of scheduled announcement
Pakistan on Sunday increased sharply the prices of petroleum products ahead of scheduled announcement that was on January 31, 2023.
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