Tag: Pol
PPP, ANP seek revocation of POL price hike
The Pakistan People’s Party and Awami National Party on Monday submitted separate adjournment motions in the Senate Secretariat over the recent petroleum products price...
Hike in POL prices will unleash inflation: PTEA
The textile exporters have rejected the recent hike in power and petroleum product prices as it will trigger inflationary impact and will ultimately affect...
Petrol bomb comes crashing through
The federal government has issued a notification regarding a mammoth hike the prices of petroleum products.
According to the summary, the new prices of petroleum...
OGRA recommends hike in POL prices
The Oil and Gas Regulatory Authority (OGRA) has advised the Ministry of petroleum and Natural Resources to increase prices of petroleum products by up...
SC nullifies raise in POL prices per jacked up GST
Terming collection of one percent additional sale tax on petroleum products without approval of Finance Bill from parliament as unlawful and unconstitutional, the Supreme...
SC orders amendment in declaration on POL tax hike
The Supreme Court of Pakistan ordered on Wednesday directed for amendments in the declaration made by the Finance Ministry for increase in sales tax...
OGRA recommends Rs 2.20 per litre hike in POL prices
The Oil and Gas Regulatory Authority (OGRA) on Thursday recommend up to Rs 2.20 per litre hike in POL prices from June 1.
A summary...
Hike in petrol price, cut in diesel price proposed
The summary for the revision of prices of petroleum products has been prepared and will be sent to the Ministry of Petroleum on May...
POL imports fall slightly in nine months
Pakistan’s government during the first nine months of the current fiscal year has spent $11.08 billion on petroleum imports as compared to $11.14 billion...
With polls in sight, PM withdraws POL price hike
Days after the government jacked up petroleum prices and earned criticism from all quarters, Prime Minister Raja Pervez Ashraf on Saturday ordered immediate withdrawal...
Quite alarming, indeed
A report in an Urdu daily that the federal government has started working on levying a new surcharge on POL products in the ratio...
POL prices likely to decline
Petroleum prices are expected to decline in the next price revision, as the authorities are preparing a summary in this regard. According to a...
SC summons details of formula for adjusting CNG, POL prices
The Supreme Court on Thursday summoned details of agreements with gas suppliers, formula to adjust gas prices and motives for connecting prices of CNG...
Get ready for another increase in POL, CNG prices!
The prices of petrol and compressed natural gas (CNG) are likely to rise again on October 15, media reports say. According to reports, the...
Rise in POL prices signifies under-performing rulers, traders say
President of traders’ union, Range Road, Rana Jalil Hassan said on Sunday the unstable prices of petroleum products was a perfect example of the...
POL completes project for oil, gas production
Pakistan Oilfields Ltd (POL) notified that it had completed Bela-1 located in Meyal/Ucheri area that will produce around 100 barrels per day and 4-million-cubic-feet-per-day...
POL completes project for oil and gas production
Pakistan Oilfields Ltd (POL) has notified that it has completed Bela-1 located in Meyal/Ucheri area that will produce around 100 Barrel per day and...
