The federal government has given go ahead to Mari Petroleum to acquired 30 percent working interests in Margala Block from MOL Pakistan. Petroleum Division has recently…
Pakistan and Uzbekistan signed agreement on Monday to implement Pak-Uzbekistan Preferential Trade Agreement to take effect from February 1, 2023. It will help to increase trade…
After Honda and Indus Motors, Suzuki Pakistan has announced to shut down its automobile production plant due to restrictions placed by the Central Bank on import…
Prime Minister Shahbaz Sharif on Friday expressed disappointment and serious concerns over low IT exports growth and directed to take measures on priority basis to tap…
The Russian oil import has sparked controversy due to a divergence of opinion between the petroleum and foreign ministers. Foreign Minister Bilawal Bhutto-Zardari stated on Thursday…
The government is likely to allow Sui Northern Gas Pipeline Limited (SNGPL) to recover Rs 100 billion in revenue requirement on account of LNG supply to…
Ibn-e-Ameer Islamabad: The coalition government is likely to allow oil refineries to make 100 percent financing from incremental revenue to execute upgradation projects. The previous government…
Pakistan car sales (including sales of Non-PAMA members) clocked in at 20,000 units up 35% MoM. However, auto sales declined by 2 percent Year on Year…
The country can secure $778.93 million/annum worth of benefits to the country with a supply of 50MMCFD stranded indigenous gas to CNG Stations An immediate supply…
Petroleum minister claimed on Monday that Russia had agreed to provide oil at discounted rates. Minister of State for Petroleum Musadik Malik said during a…