Abdul Sami Khan, Chairman of the Oil Companies Advisory Council (OCAC), has cautioned that the Sindh Infrastructure Development Cess (IDC) imposed on petroleum imports threatens to…
Oil marketing firms warn 1.85% cess will disrupt fuel supply if not integrated into official pricing. “We express our sincere appreciation for the Ministry of Energy…
Petroleum Division asked Oil and Gas Regulatory Authority (OGRA) to issue directives for enhancing upcountry fuel supply via pipeline from October 1, 2025. It is aimed…
The government on Monday announced a significant reduction in the price of diesel by Rs 30 per liter, effective from May 16, 2016. The government has…
Ibn-e-Ameer Pakistani oil refineries produce furnace oil in Pakistan. However, when its demand goes up to meet the country’s needs, Pakistan State Oil (PSO) imports it.…
Ibn-e-Ameer The government has approved Rs 24 billion supplementary grant to give targeted subsidies to the oil consumers amid high oil prices. The prices crossed Rs…
ARL earns Rs 2.8 billion profit during the quarter ending on March 31, 2022 PRL makes a profit of Rs5.5 billion, a new high for the…
Ibn-e-Ameer The government has transferred Rs. 20 billion to Pakistan State Oil (PSO) assignment account to clear price differential claims (PDC). The government will…
PRL has made the highest ever sale of diesel in March Ibn-e-Ameer Oil refineries have made a record sale of petroleum products during March 2022. The…
Ibn-e-Ameer Pakistan State Oil (PSO)’ sale of diesel has seen an increase of up to 8% in March 2022. However, some other oil companies have witnessed…