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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Latest Tax Rates for Electricity Consumption in FY 2023-24
Karachi, August 6, 2023 – The Federal Board of Revenue (FBR) has announced the latest tax rates for electricity consumption for the fiscal year 2023-24.
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Domestic Sales of High-Speed Diesel Falls by 9% Due to Smuggling of Iranian Oil
Karachi, August 2, 2023 – Domestic sales of high-speed diesel (HSD) in Pakistan have experienced a sharp decline of 9 percent in July 2023, primarily attributed to the rampant smuggling of Iranian oil into the country, according to analysts at Topline Securities.
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FPCCI Slams Outgoing Government for Shocking Petroleum Price Surge
Karachi, August 1, 2023 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly criticized the outgoing government for the unprecedented increase in petroleum prices, which is expected to exacerbate inflationary pressures and cripple the already struggling economy.
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Pakistan Releases Official Petroleum Prices for First Half of August 2023
Islamabad, August 1, 2023 – The government of Pakistan has officially released the petroleum prices for the first half of August 2023, announcing an increase in the prices of petrol and high-speed diesel (HSD). The finance ministry issued a press release stating that the hike in prices is due to the substantial increase in international…
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Pakistan Shockingly Increases Petroleum Prices from August 1, 2023
Islamabad, August 1, 2023 – Pakistan has dealt a blow to its citizens by unexpectedly raising petroleum prices as of today. The Finance Minister, Ishaq Dar, announced an immediate increase in the prices of petrol and high-speed diesel (HSD) by Rs 19.95 and Rs 19.90 per liter, respectively.
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OGDCL Achieves Remarkable Production Boost in July 2023
Karachi, July 31, 2023 – The Oil and Gas Development Company Limited (OGDCL) has announced a significant enhancement in production during the month of July 2023, attributing the success to the adoption of cutting-edge technologies for production optimization.
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Pakistan Set to Announce Petroleum Prices for First Half of August 2023
Islamabad, July 29, 2023 – Pakistan is set to announce petroleum prices for the first half of August 2023 on July 31. Analysts are predicting a significant decline in petroleum prices, as the current government faces a delicate balance between catering to the needs of the citizens and managing economic pressures.
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