Tuesday, October 4, 2022
Tags Petroleum

Tag: Petroleum

Demand for petrol slumps for 2nd successive month

The demand for petroleum products has continued to slump for the second consecutive month in July, cumulatively falling by over one-third in the past...

Govt decides to change petrol pricing method due to unstable rupee

The government has decided in principle to change the pricing mechanism for petroleum products and narrow down its period to cater for the fast...

Pakistan’s petroleum import bill doubled to $15bn in 9 months

Pakistan’s petroleum import bill for nine months of the current fiscal year doubled to $15 billion from $7.5 billion in the same period during...

Govt hikes electricity rate, keeps petroleum products price unchanged

Prime Minister Shehbaz Sharif on Friday turned down proposed increase in prices of petroleum products by up to Rs51 per litre, while NEPRA increased...

Sri Lanka out of cash to buy oil: minister

Sri Lanka’s state-run petroleum company has run out of cash to buy oil, and fuel shortages across the country could get worse, the energy...

Petrol price peaks to historic high in Pakistan

The petrol prices in Pakistan have reached a historic high of Rs 127.30 per litre on Thursday as the government announced a Rs 4...

Govt revises sales tax on kerosene, light diesel

The federal government of Pakistan has revised sale tax rates on petroleum products by exercising the powers conferred to the executive by the Sale...

OGRA recommends Rs4.20 hike in petrol price, Rs3.50 increase for diesel

The Oil and Gas Regulatory Authority (OGRA) moved a summary to the petroleum division seeking an increase in petrol prices by Rs4.20 per litre. The...

Govt likely to increase price of diesel by Rs3.50 and petrol by Rs4.20

ISLAMABAD: The federal government is likely to review petrol prices for a fortnight, sources told the Correspondent.  The price of diesel is likely to see...

Shaukat Tarin meets representatives of oil refineries

ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin, held a meeting with a delegation of representatives of Oil Refineries operating in Pakistan. Federal Minister...

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