The federal government has decided not to change petroleum product prices to close the 2025-26 fiscal year. Petrol will stay… Read More
FIA Books GO Petroleum CEO, Officials in Alleged Multi-Billion-Rupee Tax Evasion Case
The Federal Investigation Agency (FIA) has registered a case against the chief executive officer of GO Petroleum and several other… Read More
Oil Slips Near $65 After 2nd Big Decline Today
Oil prices fell further near $65 on Thursday, falling to their lowest levels in nearly four months as supply disruptions… Read More
ECC Clears Rs. 194 Billion Package for DISCOs
The Economic Coordination Committee (ECC) on Wednesday approved a total package of Rs. 194 billion for power distribution companies (DISCOs).… Read More
Trump Decides to Keep Iran’s Billions and Pay With Food Instead
US President Donald Trump on Wednesday said the United States will use Iran’s unfrozen assets under its control to purchase… Read More
Govt Finally Pays Off Rs. 92 Billion Interest Dues to OGDC
Oil and Gas Development Company Limited (OGDC) has received its twelfth and final interest payment of Rs. 7.725 billion from… Read More
LPG Sold at Nearly 2x Higher OGRA Price Before US-Iran Ceasefire
The recent surge in liquefied petroleum gas (LPG) prices may have cost consumers between Rs. 60 billion and Rs. 70… Read More
Pakistan May Save $3.24 Billion by Shifting Jamshoro Plant to Thar Coal
Pakistan could save an estimated $3.239 billion over the next 26 years by converting the Jamshoro Unit 01 power plant… Read More
Mari Defends Gas Sale Bidding Process as Licence Dispute Deepens
Mari Energies has reaffirmed its position that companies do not need an Oil and Gas Regulatory Authority license to participate… Read More
Pakistan Clears Key Pipeline to Complete Karachi-to-Peshawar Fuel Corridor
Pakistan has approved the Machike-Thallian-Tarru Jabba White Oil Pipeline, removing the final major obstacle to a project that will complete… Read More
International Oil Prices Drop Below $70 per Barrel
International oil prices slipped under $70 per barrel on Tuesday. Crude oil extracted from reserves operated by the United Arab… Read More
Mari Energies, Companies Clash Again Over Spinwam Gas Field Licensing Rules
Stakeholders holding gas marketing licenses from the Oil and Gas Regulatory Authority have raised concerns over the bidding framework for… Read More
