The Government of Pakistan has until tomorrow to again drop a gas bomb on consumers as previously agreed with the… Read More
Govt to Share Bad News on Fuel Price Tomorrow
The Government of Pakistan is likely to increase the price of high-speed diesel (HSD) by Rs. 8 per liter on… Read More
Petroleum Division Denies Reports of Delay in Circular Debt Reduction Plan
The Ministry of Energy (Petroleum Division) on Sunday dispelled “negative perception” created by some media reports regarding delays in the… Read More
Ghani Chemicals to Enter Power Generation and Gas Businesses
Ghani Chemical Industries Limited (PSX: GCIL) has decided to enter into a power generation business and for this purpose to form… Read More
Dawood Lawrencepur Decides to Sell Wind Power Plant to Artistic Milliners Ltd
The Board of Directors of Dawood Lawrencepur Limited has approved entering into a Share Purchase Agreement with Artistic Milliners (Private)… Read More
Mari Petroleum to Acquire Working Interest in Two Exploration Blocks Run By Canadian Subsidiary
Mari Petroleum Company Limited (PSX: MPCL) has signed agreements today (February 07, 2024) for the acquisition of 40 percent working… Read More
Cabinet Committee on Energy Approves Amendments to Refineries Policy 2023
The Cabinet Committee on Energy (CCoE) passed amendments in Refineries Policy 2023 for existing refineries to undertake large-scale upgradation projects.… Read More
Attock Petroleum Posts 41% Profit Growth in First Half of FY24
Attock Petroleum Limited (APL) has posted a profit after tax (PAT) of Rs. 7.8 billion in first half of FY24,… Read More
Caretaker Govt Drops Another Back-Breaking Gas Bomb On Consumers Before Going Home
The Oil and Gas Regulatory Authority (OGRA) has raised gas prices by 8.6 percent for Sui Southern (SSGC) and 35.13… Read More
Fixed Tax of Up to Rs. 450 Per Month For Electricity Consumers On the Cards
The government team is gearing up to meet with the International Monetary Fund (IMF) in a few days to discuss… Read More
Petroleum Sales Fall by 4% In First Month of 2024
Petroleum sales during January 2024 clocked in at 1.38 million tons, depicting a decline of 4 percent YoY. According to… Read More
Govt Formulates Tight Gas Policy to Boost Exploration and Production
To bolster tight gas exploration in a technically and commercially viable manner, the Government of Pakistan has unveiled the Tight… Read More
