Petroleum prices likely to be reduced by Rs2 per litre
ISLAMABAD: The prices of petroleum products are expected to be reduced by up to Rs2 per litre. The Oil and Gas Regulatory Authority (OGRA) has forwarded a summary to the Petroleum Division seeking revision of fuel prices for the next
OGRA recommends massive hike of Rs20 in petroleum products
ISLAMABAD: The Oil and Gas Regulatory Agreement (OGRA) has once again recommended a massive hike of up to Rs20 per litre in the price of petroleum products from March 1. According to a summary sent to the Prime Minister’s Office,
Local POL production increases by 1.57% during July-October
ISLAMABAD: Overall production of petroleum commodities has witnessed an increase of 1.57 percent during the first four months of the current financial year 2020-21 as compared to the corresponding period last year. POL products that showed positive growth include Kerosene
Petrol prices to remain steady till Oct 15
ISLAMABAD: The government on Wednesday decided to maintain the price of petrol for the next fifteen days. Oil and Gas Regulatory Authority (OGRA) has recommended reducing the petrol prices in the country from October 1-15. The price of diesel has
Hike in petroleum prices challenged in LHC
LAHORE: The fresh hike in prices of petroleum products has been challenged in the Lahore High Court (LHC) on Saturday over claims that the requisite procedure was not followed. The petition, filed by advocate Muneer Ahmed, stated that the increase
Import of Euro-V compliant petroleum products approved
ISLAMABAD: The Cabinet Committee on Energy (CCOE) on Thursday approved the imports of the import of Euro-V compliant diesel and petrol products. A CCOE meeting, chaired by Planning Minister Asad Umar, approved the proposals of the Ministry of Energy (Petroleum
Petrol prices slashed by Rs5 per litre for March
ISLAMABAD: The government slashed the price of petrol by Rs5 per litre on Saturday as oil prices declined in the international market. According to the Ministry of Finance, petrol will now be sold for Rs111.60 per litre. The price of
Ogra suggests 2pc increase in diesel prices
ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has estimated a 2% rise in diesel prices and a marginal decrease in the petrol rate for the month of February based on existing tax rates. A government official informed media reporters
Petrol price reduced by Re0.25 per litre for December
ISLAMABAD: The government on Saturday announced decrease in the prices of petroleum products for the month of December. The decision was made on recommendations by the Oil & Gas Regulatory Authority (Ogra) which proposed the decrease to pass on the
OGRA recommends one rupee hike in petrol price
ISLAMABAD: The prices of petrol and high-speed diesel are likely to rise in November 2019 due to fluctuations in global crude oil prices. The Oil and Gas Regulatory Authority (OGRA) recommended the government on Wednesday to increase prices of petrol
Govt jacks-up diesel in order to keep petroleum prices unchanged
ISLAMABAD: The government on Thursday jacked-up Petroleum Levy (PL) on both High-Speed Diesel (HSD) and MS (petrol) in order to keep prices of petroleum products unchanged with effect from 1st October 2019. According to official data, the Petroleum Levy on
Customs seizes smuggled diesel in Balochistan
QUETTA: Officials of the Pakistan Customs has seized 40,000 litres of smuggled diesel in Rakhni area. According to the customs officials, they intercepted three trucks at the Barkhan check-post with the help of Frontier Corps personnel. A Customs spokesman said