Category: Energy
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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FBR Introduces New Rules for International Oil Suppliers
Islamabad, February 7, 2024 – The Federal Board of Revenue (FBR) in Pakistan has unveiled new rules for international oil suppliers, specifically addressing the import of crude oil and other petroleum products through customs bonded storage facilities.
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Attock Petroleum Records 41% Profit Growth in 1HFY24
Karachi, February 6, 2024 – Attock Petroleum Limited (APL) announced a substantial 41% growth in profit for the first half (July – December) of the fiscal year 2023-24, showcasing robust financial performance and strategic resilience in a dynamic market.
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PPL Commits to Funding Balochistan’s Share in BLZ Project
Karachi, February 7, 2024 – Pakistan Petroleum Limited (PPL) has taken a significant step towards supporting the development of the Balochistan region by deciding to fund the government’s share of capital contribution in the BLZ Project.
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Petroleum Sales Decline by 13% in Pakistan During 7MFY24
Karachi, February 1, 2024 – The petroleum industry in Pakistan has witnessed a significant downturn as sales of petroleum products dropped by 13 percent during the first seven months (July-January) of fiscal year 2023-24.
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Pakistan Raises Petroleum Prices Ahead of Feb 8 Elections
Islamabad, January 31, 2024 – In a move that could have political repercussions, Pakistan has announced an increase in petroleum prices just days before the general elections scheduled for February 8, 2024.
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Petroleum Levy Collection Skyrockets by 166% in 1HFY24
Karachi, January 31, 2024 – The collection of petroleum levy in Pakistan has experienced an unprecedented surge, witnessing a remarkable increase of 166 percent during the first half (July – December) of the current fiscal year, as reported by data released by the Ministry of Finance.
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Pakistan’s Last Revision in Petroleum Prices Before Elections
Karachi, January 31, 2024 – Pakistan today is making last revision in petroleum prices before the general elections. The general elections are scheduled on February 8, 2024 so it is the last revision in petroleum prices by the caretaker government.
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Mari Petroleum Records Staggering 57% Surge in 1HFY24 Profits
Karachi, January 29, 2024 – Mari Petroleum Company Limited (MPCL) has reported a remarkable 57% increase in net profit for the first half (July – December) of the fiscal year 2023-24.
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