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.
-
Pakistan Oil Sales Plunge by 40% in May 2023, Market Outlook Remains Depressed
Karachi, June 2, 2023 – Pakistan’s oil sales in May 2023 witnessed a significant decline of 40% compared to the same period last year, amounting to 1.3 million tons.
Written by
-
Today petroleum prices in Pakistan as of June 2, 2023
In a recent development, Pakistan has released the updated petroleum prices, which will be applicable from June 2, 2023, until June 15, 2023. The revised prices are as follows: Petrol at Rs262 per liter, High-Speed Diesel at Rs253 per liter, Kerosene at Rs164.07 per liter, and Light Diesel Oil at Rs147.68 per liter.
Written by
-
Pakistan Slashes Petroleum Prices for First Half of June 2023
Pakistan has announced a significant reduction in petroleum prices for the first half of June 2023. The decision was made by Finance Minister Muhammad Ishaq Dar and will come into effect on June 1 and remain in place until June 15.
Written by
-
Tax Reform Commission Recommends Measures to Counter Petroleum Smuggling
The Reform and Revenue Mobilization Commission (RRMC) has proposed the implementation of a marking and monitoring system in the petroleum sector to combat the rampant smuggling of petroleum products in Pakistan.
Written by
-
Petroleum prices may fall sharply in Pakistan for first fortnight of June 2023
Pakistan is poised to announce a significant reduction in petroleum prices for the first fortnight of June 2023. This anticipated decline is in response to the imminent arrival of Russian oil, which holds the promise of substantial cost savings compared to prevailing international market prices.
Written by
-
Pakistan set to unveil new petroleum prices on May 31, 2023
Pakistan is set to make a significant announcement regarding new petroleum prices on May 31, 2023. These prices will be applicable for the first half of June 2023. The decision to unveil the prices comes in light of the imminent arrival of Russian oil, which holds the promise of offering substantial cost savings compared to…
Written by
-
Updated Petroleum Prices in Pakistan on May 25, 2023
Pakistan has announced the latest petroleum prices effective from May 25, 2023, providing temporary relief to the public struggling with escalating fuel costs. These prices will remain in effect until the end of the current month, following a government announcement made on May 15, 2023.
Written by
-
OGDCL, PRL sign MoU to strengthen energy sector in Pakistan
KARACHI: Oil and Gas Development Company Limited (OGDCL) and Pakistan Refinery Limited (PRL) have signed a Memorandum of Understanding (MoU) to establish a strategic partnership in the energy industry.
Written by
-
Russian oil to reach Pakistan through Oman Port: Minister
In the coming days, the first shipment of Russian oil will reach Pakistan through small boats, with 100,000 tons of crude oil set to anchor at Oman Port by the end of the month, according to a Pakistani minister.
Written by
-
Pakistan records highest monthly power generation decline in April 2023
In April 2023, Pakistan experienced the highest monthly decline in power generation since July 2012. The total power generation during that month decreased by 23 percent year-over-year (YoY) to 10,010 GWh (13,903 MW), compared to 12,960 GWh (18,001 MW) in April 2022.
Written by
