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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Inventory Losses Cast Shadow on OMCs’ 2QFY24 Profitability
Karachi, January 23, 2024 – The second quarter of the fiscal year 2023-24 may witness a dip in profitability for Oil Marketing Companies (OMCs) in Pakistan, primarily due to anticipated inventory losses.
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Fresh Petroleum Prices in Pakistan from January 20, 2024
Following are the fresh prices of petroleum products in Pakistan effective from January 20, 2024. As of this date, the fresh prices of petroleum products are set at Rs 259.34 per liter for petrol and Rs 276.21 per liter for High-Speed Diesel.
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Government Slashes Petrol Price by Rs 8 from January 16
Islamabad, January 15, 2024 – The government of Pakistan has announced a reduction in the price of petrol by Rs 8 per liter, effective from January 16, 2024.
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Pakistan Announces Fortnightly Petroleum Prices Today
Karachi, January 15, 2024 – Today, Pakistan is gearing up for a crucial announcement regarding its fortnightly petroleum prices.
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Latest Petroleum Prices in Pakistan as of January 12, 2024
Islamabad, January 12, 2024 – Pakistan has announced the latest petroleum prices effective from January 12, 2024. This move reflects the government’s commitment to providing stability in the face of economic uncertainties. The established prices will remain in effect until January 15, 2024, unless revised earlier.
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Pakistan Awards New Exploration Blocks to Boost Reserves
Karachi, January 11, 2024 – Pakistan has taken a significant stride in its quest for energy security by awarding new exploration blocks to prominent oil and gas development companies operating within the country.
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KE Secures 10-Year PPAA with Government
Karachi, January 5, 2024 – K-Electric Limited (KE), the sole electricity distributor for Karachi and its suburbs, has inked a transformative Power Purchase Agency Agreement (PPAA) with the government of Pakistan for a significant term of 10 years.
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