Islamabad.Once upon a time, nestled in the bustling region of Rawalpindi and Islamabad, lay the Attock Refinery, an industrial powerhouse with roots stretching back decades. The…
ISLAMABAD: In a recent development, Saudi Group Asyad Holding through UAE-based Wafi Energy Holding Limited has acquired 77.42% shareholdings and control of Shell Pakistan Limited. The…
Singapore, In the volatile world of petroleum refining, few events have sparked as much surprise and speculation as the recent surge in refinery margins for diesel.…
Staff Report Pakistan’s Oil Marketing Companies (OMCs) have recorded their highest sales in 19 months, reaching 1.45 million tons in June 2024. This represents an 8%…
Staff Report The prices of petrol and high-speed diesel (HSD) are expected to rise by Rs 7.54 and Rs 9.84 per litre, respectively, for the next…
Staff Report ISLAMABAD: :Prime Minister Shehbaz Sharif on Wednesday indicated to deregulate petroleum sector. Premier further said that smart meters would be installed to stop oil…
Staff Report. The management of Pakistan State Oil (PSO) has suggested equity swaps to settle circular debt. Pakistan State Oil (PSO) conducted its Corporate Briefing Session…
Staff Report Petrol price is likely to come down by Rs 9 per liter effective from June 16, 2024. The government is likely to present an…
Staff ReportThe federal government has set an ambitious target to collect Rs 1,281 billion through the Petroleum Levy (PL) on petroleum products for the fiscal year…
Staff Report ISLAMABAD: The Caretaker government has appointed Irteza Qureshi as the new managing director of Pak Arab Refinery Limited (Parco). He has been appointed MD…