Subsidy waiver on use of HSD by power sector: ECC all set to consider PD’s proposal ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is all set to consider a proposal of the... Updated 22 Jun, 2022 10:01am
Print OMCs: Zero PDCs budgeted for 2022-23 ISLAMABAD: The federal government has budgeted zero Price Differential Claims (PDCs) for next financial year 2022-23... Published 11 Jun, 2022 06:39am
Business & Finance Petroleum Div assures OMCs of resolving their issues ISLAMABAD: Petroleum Division has assured the oil industry that they are willing to resolve their issues including... Published 03 Jun, 2022 06:55am
Print PDCs: ECC approves Rs62.27bn for energy ministry ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs62.27 billion for the Ministry of... Updated 29 May, 2022 08:43am
Business & Finance Oil price hike: experts say OMCs’ cash flows will improve KARACHI: The government’s decision to increase petroleum products’ prices is likely to improve cash flows of Oil... Published 28 May, 2022 05:11am
Print Disbursement of PDCs to OMCs/refineries: Rs55.5bn suppl. grant approved by ECC Allows TCP to explore possibility of import of 200,000 MT of urea on G2G basis and on deferred payment Updated 17 May, 2022 10:12am
Print Oil subsidy to cost exchequer Rs60bn KARACHI: The government has maintained prices of local oil products to protect consumers by further raising subsidy... Updated 17 May, 2022 09:56am
Print Petroleum products’ rates to rise sharply if subsidy withdrawn ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has worked out a massive increase in the prices of petroleum... Updated 15 May, 2022 08:28am
Print Targeted subsidy for motorcyclists under consideration: Price differential claims on petrol, HSD increase substantially ISLAMABAD: A proposal is under consideration of the Petroleum Division and Benazir Income Support Programme for... Updated 03 May, 2022 09:07am
Pakistan Wheat-producing districts of Punjab facing diesel shortage ISLAMABAD: Wheat growing districts of Punjab have been reportedly facing shortage of high speed diesel (HSD) ahead ... Published 26 Apr, 2022 05:20am
Markets Ogra takes up issues relating to PDC, IFEM with stakeholders ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) conducted its meeting at Karachi with leading Oil Marketing... Published 29 Mar, 2022 05:49am
Print Oil industry: OCAC asks Ogra to facilitate major shareholders ISLAMABAD: The Oil Company Advisory Council (OCAC) has asked the Oil and Gas Regulatory Authority (Ogra) to pay... Published 24 Mar, 2022 05:36am
Markets Ogra holds meeting with leading OMCs, OMAP at Lahore ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) conducted a meeting at its Regional Office Lahore with ... Published 17 Mar, 2022 04:53am
Markets POL products’ prices remain unchanged ISLAMABAD: The government is going to pay a heavy sum of Rs 30 billion to keep petroleum product prices at current... Published 16 Mar, 2022 05:40am
Print OMCs’ PDCs up to Mar 31st: ECC approves another Rs11.73bn as suppl grant ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Tuesday approved an allocation of additional... Updated 16 Mar, 2022 10:03am
Pakistan JSHQ underscores need for setting up underground SPR facility ISLAMABAD: Joint Staff Headquarters (JSHQ), Ministry of Defence, has proposed that Strategic Petroleum Reserves ... Published 04 Mar, 2022 04:37am
Pakistan GO granted permission to expand its retail outlets in KP PESHAWAR: Gas & Oil Pakistan Limited (GO), Pakistan’s fastest growing oil marketing company has been granted... Published 02 Jan, 2022 05:05am
BR Research Petroleum pricing: some respite The respite in global crude oil price finally offered a breather to retail gasoline prices, without the government... Published 17 Dec, 2021 08:03am
Markets Declined prices of POL products: Govt unlikely to pass on full relief due to tax adjustment ISLAMABAD: The government is unlikely to pass on full relief of declined prices of petroleum products ... Published 15 Dec, 2021 06:34am
BR Research Attock Petroleum Limited Attock Petroleum Limited (PSX: APL) was Incorporated in 1998 an oil marketing company and is part of the Attock Oil... Published 13 Dec, 2021 08:01am
Markets Furnace oil: refineries make formal request to petroleum division ISLAMABAD: Local refineries reminded the Petroleum Division Thursday that they are supplying over 11 million MT per... Published 10 Dec, 2021 04:29am
BR Research Oil sales on the rise Petroleum consumption goes unabated amid rising inflation. The petroleum products and lubricants sold by the oil... Published 03 Dec, 2021 07:54am
Markets POL products’ prices remain unchanged: Rate of PL on ex-depot sale of petrol, HSD increased ISLAMABAD: The federal government on Tuesday decided not to decrease the prices of petroleum products for the next... Published 01 Dec, 2021 03:52am
Print Probe into adulteration, money laundering: FIA mulling lodging FIRs against 7 OMCs ISLAMABAD: The Federal Investigation Agency (FIA) is to lodge FIRs against up to seven Oil Marketing Companies ... Updated 30 Nov, 2021 12:23pm
Markets Pakistani OMCs participate in ADIPEC in Dubai KARACHI: Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), one of the world’s most... Published 24 Nov, 2021 06:22am
Print PD to submit report on strategic oil reserves to CCoE ISLAMABAD: The Petroleum Division is to submit a report on storage of strategic reserves of oil to Cabinet Committee... Updated 18 Oct, 2021 11:58am
BR Research Petrol: Relief continues In an environment where deputy commissioners will be controlling prices of essential and non-essential items,... Published 03 Sep, 2021 07:25am
Print June 2020 fuel crises: Ogra’s decision to spare OMCs irks AGP ISLAMABAD: The Auditor General of Pakistan (AGP) has shown serious concern over the Oil and Gas Regulatory... Published 14 Aug, 2021 03:30am
BR Research All time high petroleum sales Petrol sales have been on an upward trajectory and have continuously crossed record levels in the last two months.... Published 04 Aug, 2021 08:42am
BR Research Petroleum consumption in FY21 Oil and petroleum consumption witnessed a sharp recovery in FY21 after a dip in pandemic hit FY20. This recovery is... Published 05 Jul, 2021 08:07am
