Blending Perspectives from Every Continent
• Senate panel told ample petrol, diesel available; import of lower-quality fuel okayed; price hike ‘did not benefit’ OMCs• Officials tell panel no LNG supply from Qatar since March 2, gas wil...
ISLAMABAD: Pakistan has sufficient petrol reserves for 27 days and diesel reserves for 21 days, Petroleum Secretary Hamed Yaqoob Sheikh said on Monday while addressing a meeting of the Senate Standing...
The government has increased the price of kerosene oil by another Rs40 per litre and approved Rs23 billion price differential subsidy for payments to oil marketing companies (OMCs) to keep the prices...
ISLAMABAD: The government has banned the export of all petroleum products and is considering holding back any immediate increase in petroleum prices, despite continued upward movement in the global ma...
ISLAMABAD: Less than a week after the government hiked the prices of petroleum products by a whopping Rs55, the Oil and Gas Regulatory Authority (Ogra) on Thursday notified a massive 19-22 per cent in...
ISLAMABAD: The International Monetary Fund (IMF) on Thursday confirmed that its mission could not reach a staff level agreement (SLA) on the third review of the country’s $7 billion Extended Fund Fa...
ISLAMABAD: Amid a zero-bid response to spot tenders for oil imports and the oil industry�s demand for special permission for unusual war-risk insurance cover-based oil imports, including crude and ref...
ISLAMABAD: After announcing a whopping Rs55 per litre increase in petrol and high-speed diesel prices, the government also silently increased the price of kerosene by almost 70 per cent, it emerged on...
� Punjab leads with Rs609bn cash surplus, followed by Sindh�s Rs354bn� KP transfers Rs175bn; Balochistan sends Rs41bn� Revenue-to-GDP ratio falls to 8.2pc in July-Dec despite reforms ISLAMABAD: Amid a...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) and the Power Division faced sharp criticism on Friday from a wide range of stakeholders over proposed changes to net-metering regul...