Petroleum pricing: Border and currency controls imperative The petroleum product price relief for the ongoing fortnight felt too little, given how retail prices are almost 50... Published 03 Oct, 2023 08:54am
Markets KSE-100 index companies: PAT increases by 16pc on YoY KARACHI: The profit after tax (PAT) of KSE-100 index companies increased by 16 percent on year-on-year basis to Rs... Published 29 Sep, 2023 06:24am
BR Research OMC volumes: some surge in retail fuels The oil marketing segment has been hit hard by weaker volumes amid escalating prices, shrinking margins, weaker... Published 05 Sep, 2023 08:50am
Business & Finance OMAP urges govt to resolve issues facing oil industry LAHORE: Oil Marketing Association of Pakistan (OMAP) on Wednesday drew attention of the caretaker cabinet towards ... Published 31 Aug, 2023 06:00am
Print PMG, HSD sectors: OMAP says concerned at pricing mechanism LAHORE: The Oil Marketing Association of Pakistan (OMAP) has raised concerns on the pricing mechanism associated... Updated 21 Aug, 2023 08:54am
Business & Finance HSD price cut: Ogra says has no mandate to review or amend govt policy ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has asked the Oil Companies Advisory Council (OCAC) and Oil... Updated 21 Jul, 2023 08:56am
Markets Inventory loss: OMAP says govt decision impacted OMCs in ‘unfavourable manner’ LAHORE: The Oil Marketing Association of Pakistan (OMAP) on Monday expressed its deep concern on the recent decision... Published 19 Jul, 2023 03:21am
Print Payable as RD: SC allows Customs to encash 50pc bank guarantee of OMCs ISLAMABAD: The Supreme Court has allowed the Collector of Customs, Karachi to encash 50 percent bank guarantee of... Updated 11 Jul, 2023 09:00am
Print Foreign suppliers’ accounts through customs bonded storage facilities: Guidelines for crude oil import issued ISLAMABAD: The Directorate General of Oil (Petroleum Division) has issued guidelines for import of crude oil on... Updated 10 Jul, 2023 08:58am
Markets Ogra peruses concerns raised by OMAP ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has perused the concerns raised by the Oil Marketing... Published 23 Jun, 2023 06:00am
BR Research The oil sector in ES The oil sector has been under pressure with demand falling over the last year and sales contracting as a result. The... Published 19 Jun, 2023 08:50am
Print Oil import thru bonded storage facilities: PD asked to consult stakeholders on guidelines ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed Petroleum Division (PD) to consult... Updated 14 Jun, 2023 09:08am
Print FBR expresses reservations at PD’s policy guideline ISLAMABAD: The Federal Board of Revenue (FBR) has reportedly expressed reservations at Petroleum Division’s policy... Updated 07 Jun, 2023 08:55am
Print FY24 budget: RRMC recommends cashless purchases at petrol pumps ISLAMABAD: The Reforms & Revenue Mobilization Commission (RRMC) has recommended that petrol stations across the... Updated 26 May, 2023 12:53pm
Markets Newly-launched night navigation increases FOTCO’s terminal capacity by 30pc Port Qasim, FOTCO successfully dock first-ever oil vessel at night Updated 12 May, 2023 11:26am
Print Sale of smuggled Iranian diesel causing huge revenue loss KARACHI: Iranian smuggled diesel has replaced 40pc of Pakistan’s domestic diesel consumption, causing unprecedented... Updated 08 May, 2023 09:03am
Business & Finance Shell Pakistan posts massive loss of Rs4.8bn in Jan-Mar quarter Shell Pakistan Limited (SPL), a subsidiary of Shell Petroleum Company Limited, announced a loss of Rs4.76 billion in... Published 04 May, 2023 06:04pm
Markets Low upliftment of HSD: ARL seeks Orga’s intervention ISLAMABAD: Attock Refinery Limited (ARL) has sought intervention from the Oil and Gas Regulatory Authority (Ogra) -... Published 04 May, 2023 04:26am
BR Research APL in 9MFY23 After a good year (FY22), the oil marketing companies’ (OMCs) earnings were expected to come under pressure during... Published 02 May, 2023 09:16am
Markets Earnings of KSE-100 index firms up 37pc QoQ in Q3 KARACHI: Inspite economic challenges and contrary to market expectations, the KSE-100 index companies’ earnings... Published 29 Apr, 2023 06:04am
Print Setting up of big refinery in Balochistan: proposals sought CSG and a Chinese consortium are coordinating to setup a 10 million MTPA refinery project in Pakistan Updated 12 Apr, 2023 12:54pm
BR Research Oil sales continue downhill Petroleum demand has been coming down as a result of rising prices, a depreciating currency, and economic hardships... Published 04 Apr, 2023 09:23am
Business & Finance POL products’ prices kept unchanged ISLAMABAD: The federal government on Friday kept the prices of petrol and high-speed diesel (HSD) unchanged for the... Published 01 Apr, 2023 07:21am
Print Up to Rs14 cut in ex-depot fuel prices likely ISLAMABAD: Federal government may announce a substantial reduction in ex-depot fuel prices up to Rs14 per litre ... Updated 30 Mar, 2023 08:31am
Print Ogra discusses exchange rate adjustment mechanism with OMCs ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) convened a meeting with the oil marketing companies (OMCs) on... Published 25 Mar, 2023 06:25am
Print Fuel prices increased ISLAMABAD: The federal government Thursday allowed a substantial raise in the prices of petroleum products, ie, up ... Updated 16 Mar, 2023 09:59am
Editorials Oil supply: risks must not be downplayed EDITORIAL: The supply chain in various industries is at the risk of choking under import restrictions by State Bank... Updated 14 Mar, 2023 10:29pm
Business & Finance Payments to OMCs: Ogra completes 80pc audit of IFEM claims of PSO, 4 refineries ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has completed 80 percent audit of Inland Freight Equalization... Published 11 Mar, 2023 03:16am
Business & Finance OMAP urges Ogra to ensure safety standards LAHORE: Oil Marketing Association of Pakistan (OMAP) on Wednesday asked Oil and Gas Regulatory Authority (Ogra) to... Published 09 Mar, 2023 06:23am
BR Research APL – a weaker quarter After a good year (FY22), the oil marketing companies (OMCs) earnings were expected to come under pressure during... Published 07 Mar, 2023 08:41am
