Tag: Petroleum
Petroleum prices go up by Rs 7.67 per liter
Following frequent hikes in electricity tariffs for load shedding-marred citizens, the government took away the little ease motorists enjoyed for a month by raising...
Rosneft expresses interest in BP’s Russia venture
Russia's state oil giant Rosneft said Tuesday it had opened talks with the British energy group BP on acquiring a stake in the troubled...
June oil demand drops 3 percent from year ago: API
Petroleum consumption in June declined 3 percent from a year ago to 18.691 million barrels per day. Demand was down 2.6 percent for the...
AGPR exposes Rs 962m irregularities in non-realisation of petroleum levy
The auditor general of Pakistan has revealed irregularities of more than Rs 962 million on account of non-realization of petroleum levy on sale of...
Petroleum Ministry wants to grab OGRA’s lunchbox!
The Ministry of Petroleum’s hectic efforts to bring Oil and Gas Regulatory Authority (OGRA) under its administrative control will make the Authority toothless to...
Oil doesn’t quite fit the bill
Pakistan’s reliance on crude oil has become conspicuous as oil import bill has reached to $ 13 billion which is a huge burden on...
Pakistan, India discuss parameters to ‘pump up’ petroleum trade
In an attempt to give a big push to trade in petroleum products, both India and Pakistan have decided to take up a focused...
PM praises water, petroleum ministries for reducing power shortfall ‘considerably’
Prime Minister Raja Pervez Ashraf on Thursday praised the efforts of the ministries of Water and Power and Petroleum for their successful efforts to...
Petroleum Ministry digs in
With the change of premiership, Petroleum Ministry makes another attempt to bring the Oil and Gas Regulatory Authority under its administrative control as the...
Transporters reluctant to bring fares down despite lower fuel prices
Despite a reasonable cut in the prices of petroleum products and CNG, the public transport plying in twin cities were in no mood to...
LPG prices reduced by Rs15 per kg
LPG prices have been reduced in the country by Rs15 per kilogram after a prominent fall in international prices of LPG.
According to Chairman...
The joys of election year
With many calling it a bid to regain popularity among the masses ahead of the elections, the government slashed petroleum prices by up to...
Inflation-hit people welcome cut in petroleum prices
General public and the transport workers, in particular, appreciated the government’s decision of reducing petroleum prices.
They welcomed the decision of reduction in POL and...
PP wins bid for Iraq gas exploration block
Pakistan Petroleum Thursday won a bid for a 6,000 square kilometre (2,316 square mile) exploration block which is thought to contain gas covering Diyala...
OGRA recommends reduction in POL prices up to Rs 13/liter
The Oil and Gas Regulatory Authority (OGRA) recommended up to Rs 13 per liter reduction to the prices of Petroleum Oil and Lubricant (POL)...
Petroleum Ministry steps on the gas
After concluding two gas pipeline import agreements and possibility of Liquefied Natural Gas import being intensely worked out, the Petroleum Ministry has sought imposition...
ECC mulls gas, petroleum solutions
The Economic Coordination Committee (ECC) of the Cabinet in its meeting held here on Tuesday considered the certain summaries of the Ministry of Petroleum...
