Tag: Pol

Senators take on Asim over fuel hike announcement

Petroleum Minister Dr Asim Hussain came under fire in the Senate on Saturday as the Upper House took strong exception to the minister’s announcement...

Petrol price to go up by Rs 5 per litre from...

Petroleum Minister Dr Asim Hussain told reporters on Friday that the price of petrol would be increased by Rs 5 per litre and the...

US-Iran standoff to send fuel prices through the roof

Consumers will be faced with a massive increase in the prices of petroleum products because of the brewing crisis between Iran and the United...

Petroleum prices may increase by Rs 6.45

The federal government may increase the petroleum prices by Rs 6.45 per liter from February 01, sources said on Monday. Official privy to the development...

‘POL prices not decreased according to international market’

Parliamentary Secretary for Petroleum and Natural Resources Tariq Khattak Monday confessed in the National Assembly that the government did not decrease the petroleum prices...

‘Hike in petroleum prices a deadly bomb on masses’

The Islamabad Chamber of Commerce & Industry (ICCI) has termed the recent hike in petrol and diesel prices a deadly petroleum bomb on poor...

Fuel prices and fares go hand in hand

All Pakistan Transport Owners Association raised inter-city transport fares on Friday owing to an increase in petroleum prices two days ago. Transporters increased the fares...

POL prices come down, electricity to go up

Rejecting the Petroleum Ministry’s recommendation to reduce the price of petrol by Rs 5, the government decided on Monday to pass on a relief...

POL and Attock Oil to announce financial results for 1QFY12

Pakistan Oilfields Limited (POL) is scheduled to announce its 1QFY12 result on Wednesday, October 18, 2011.The company is expected to earn a profit after...

Business community opposes POL price hike

Business community has rejected the recent unfair increase in petroleum prices and demanded the government to withdraw Rs4.15 and Rs1.51 per liter increase in...

Rupee depreciation to push POL prices: Petroleum Minister

As the government’s technocratic finance team remains busy in Washington briefing minions of International Monetary Fund (IMF) about their plans on pursuing revenue and...

Govt issued notice on plea against POL price hike

The Islamabad High Court (IHC) on Wednesday issued notice to the government in a writ petition against the recent increase in petroleum and compressed...

POL revenue to grow by 9pc due to oil forecast revision

Revision in Arabian light crude oil forecast from $80 per bbl for FY12 onward to $95 per bbl for FY13 onward have led Pakistan...

World price drops

U.S. crude oil settled at $99.29 a barrel, down $2.64, after earlier falling to a session low at $98.60. Brent crude settled 79 cents...

POL outperforms KSE index

The stock of Pakistan Oilfields Limited (POL) has been in the limelight, recording a gain of 6.2 percent in the last six trading days,...

POL prices may go down a little

The Oil and Gas Regulatory Authority (OGRA) has sent two proposals to the government for a revision in petroleum prices, recommending retaining the prices...

Maramzai boosts POL outlook

The earlier than expected resumption of production at Maramzai field within a week due to improved security situation and recent government measures to beef...