Government, PSO Review Measures To Strengthen Fuel Security And Strategic Reserves
Petroleum Minister Ali Pervaiz Malik reviewed measures with Pakistan State Oil to strengthen fuel security through international procurement, supply diversification, storage expansion, digitisation and retail modernisation.
Pakistan’s Five Refineries Set to Sign $6 Billion Upgradation Deals
Pakistan’s five major refineries are ready to sign nearly $6 billion in upgradation agreements under the Brownfield Refinery Upgradation Policy next month.
PSX KSE-100 Gains 574 Points to Close at 177,166
Pakistan Stock Exchange closes 574 points higher at 177,166 after volatile trading, while refinery stocks rally on upgrade deal news and SPI inflation rises 0.49%.
Govt Raises Petroleum Dealers’ Margin by Rs1.34 Per Litre to Rs9.98
The ECC has approved a Rs1.34 per litre increase in petroleum dealers’ margin, raising it from Rs8.64 to Rs9.98 for motor spirit and high-speed diesel.
Federal Government Shifts Petroleum Pricing Mechanism to OGRA for Daily International Market Alignment
Minister for Petroleum Ali Pervaiz Malik announces the federal cabinet decision to transfer domestic fuel price setting authority to OGRA on a daily basis.
Energy Minister Ali Pervaiz Malik Defends Current Petroleum Pricing Matrix and Outlines Relief Benchmarks
Federal Minister for Energy Ali Pervaiz Malik clarifies fuel pricing methods, showing that state evaluations maintain equity without favoring individual market segments.
Pakistan And Barrick Gold Reevaluate Security Framework For Reko Diq Mining Venture
Pakistan and Barrick Gold initiate a comprehensive review of security protocols and funding for the Reko Diq project amid evolving regional dynamics and incoming international investment.
Energy Minister Reaffirms State Commitment to Reko Diq Mining Project Success
Federal Minister Ali Pervaiz Malik confirms that all stakeholders, including Barrick Gold and the Balochistan government, are aligned on the Reko Diq project financing and development.
Petroleum Minister and Barrick Gold Chairman Review Reko Diq Project Progress in Islamabad
Federal Minister Ali Pervaiz Malik and Barrick Gold Chairman John L. Thornton meet to discuss the strategic development and implementation milestones of the Reko Diq mining project.
Ministry Reveals Heavy Tax Burden on Petrol Prices Amid Global Oil Crisis
Official Ministry of Energy documents disclose that taxes and profit margins account for 46% of petrol costs following the recent record-breaking price hike.