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.

  • Bonded Warehouse Policy Introduced to Address Petroleum Sector Issues: Musadik Malik

    Islamabad: In a bid to tackle the persistent dry outs in the petroleum sector, the government of Pakistan has unveiled a new policy known as the “bonded warehouse.”

    Musadik Malik
  • ECC Approves Policy for Petroleum Import through Customs Bonded Storage Facilities

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    Islamabad: In a meeting chaired by Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar, the Economic Coordination Committee (ECC) of the Cabinet approved policy guidelines for the import of foreign supplier’s account through customs bonded storage facilities.

    oil import pakistan
  • Second Shipment of Russian Crude Oil Arrives in Pakistan

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    Karachi, June 27, 2023 – A second shipment of discounted Russian crude oil, weighing 55,000 tonnes, reached the Karachi port on Tuesday.

    Russian Oil
  • Pakistan Set to Announce Petroleum Prices for First Half of July 2023

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    Islamabad, June 27, 2023: The Pakistani government is gearing up to announce the petroleum prices for the first half of July 2023 on June 30.

    Petroleum Prices in Pakistan increase decrease
  • Pakistan Jacks Up Petroleum Levy to Rs60 per Liter

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    In a bid to generate non-tax revenue, Pakistan has recently announced an increase in the petroleum levy, raising it to Rs60 per liter.

    petrol shortage
  • Happy Hours Continue as Pakistan Keeps Petroleum Prices Unchanged till June 30

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    In a move that brings joy to the citizens of Pakistan, the government has announced that petroleum prices will remain unchanged until June 30, 2023, extending the period of Happy Hours.

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  • Pakistan Unveils Latest Petroleum Prices Effective From June 23, 2023

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    Pakistan has recently announced its latest petroleum prices, effective from June 23, 2023. These prices will remain in effect until June 30, 2023, unless revised earlier.

    Petroleum Prices in Pakistan increase decrease
  • Call to International Financial Institutions: Cease Fossil Fuel Funding in Pakistan

    Karachi, June 22, 2023 – At the launch of the “Energy Finance Outlook – A Case of Pakistan” study, speakers from diverse backgrounds have called upon international financial institutions to halt fossil fuel funding in Pakistan and redirect their investments towards renewable energy projects.

    oil import pakistan
  • ECC Approves Surcharge Recovery from K-Electric Consumers

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    ECC greenlights recovery of Rs.1.52/unit surcharge and addresses key financial matters Islamabad, June 21, 2023 – The Economic Coordination Committee (ECC) of the Cabinet, chaired by Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar, met on Wednesday to discuss and approve important financial decisions. Among the significant outcomes, the ECC gave its nod…

    Karachi Electric
  • Pakistan Petroleum Prices Updated for June 2023

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    The government of Pakistan has updated petroleum prices for June 2023. The new prices will remain in effect until the end of the month.

    petrol shortage