Khyber Pakhtunkhwa’s Finance Minister Muzzammil Aslam on Friday praised the Federal Minister for Finance and Revenue Muhammad Aurangzeb and Federal… Read More
MOL Announces Successful Appraisal of Billitang-1 in Tal Block
MOL Pakistan Oil & Gas Co. B.V., operator of the Tal Block, has announced the successful appraisal of existing discovered… Read More
Pakistan Likely to Secure $380 Million World Bank Loan for Power Sector Reforms
Pakistan is expected to receive a new loan of nearly $380 million out of the estimated cost of $700 million… Read More
Govt Approves Rs. 100 Billion Relief Fund to Stabilize Petrol, Diesel Prices
The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved a Rs. 100 billion Technical Supplementary Grant for the… Read More
Jet Fuel Rates Nearly Triple, Sending Flight Costs Skyward Across Pakistan
Jet fuel prices in Pakistan have nearly tripled, from Rs. 176 to Rs. 417 per liter, making air travel more… Read More
Dubai Crude Drops Near $110 per Barrel After Tiny Relief in Iran-US Ceasefire Talks
Dubai benchmark crude oil recorded a sharp decline on Thursday, falling to $113 per barrel after losing $29 in one… Read More
The App to Get Discounted Petrol is Now Closer to Nationwide Launch
The government has initiated preparations to provide petrol subsidies to low-income individuals in response to the ongoing energy crisis. The… Read More
Govt Planning to Increase Levy on Petrol Again
The federal government, led by Shehbaz Sharif, is preparing to increase the petroleum levy on petrol and diesel by Rs.… Read More
OGDC Uncovers Massive Oil-Theft Network, Illegal Refinery Seized in Sindh
The Oil and Gas Development Company Limited (OGDC) has uncovered a large-scale crude oil theft operation and dismantled an illegal… Read More
Govt Releases Rs. 27 Billion to Settle Fuel Price Differential Claims
The federal government has released Rs. 27 billion to the Oil and Gas Regulatory Authority (OGRA) to clear outstanding price… Read More
Govt Cuts Development Budget by Rs. 100 Billion to Keep Petrol, Diesel Prices Steady
The federal government has reduced the development budget to avoid increasing petroleum product prices. A cut of Rs. 100 billion… Read More
Dealers Warn 15,000 Petrol Pumps Across Pakistan Could Shutdown Soon
The All Pakistan Petrol Pump Owners Association, representing 15,000 fuel stations, has warned of a nationwide shutdown of fuel stations… Read More
