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Tag: Petroleum Division

Press Release
  • Web Desk Karachi
  • Apr 29, 2025
SNGPL declares highest-ever profit and dividend for FY 2023–24

The Board also approved the Annual Accounts for FY 2023–24, marking a historic achievement for the Company.

Economic Coordination Committee (ECC) meeting
Pakistan
  • Web Desk
  • Mar 25, 2025
ECC approves revised Reko Diq plan, grant for Skardu sports centre 

The ECC also approved a Rs200 million grant for the construction of a Pakistan Sports Board (PSB) Coaching Centre in Skardu.

Business
  • Web Desk Karachi
  • Mar 10, 2025
Investor confidence soars as new petroleum policy unlocks $5 billion in energy investments

This surge in investor confidence is largely attributed to recent amendments in the Petroleum Policy and the introduction of an exclusive Tight Gas Policy, which offer enhanced incentives and a more investor-friendly regulatory environment.

Business
  • Web Desk Karachi
  • Feb 11, 2025
SNGPL faces financial turmoil with Rs148.5 billion in outstanding dues from power sector

The company warns that the current financial predicament could threaten its sustainability and compromise its overall financial stability.

Business
  • Web Desk Karachi
  • Feb 07, 2025
Pakistan to renegotiate LNG deal with Qatar amid rising energy costs

The existing deal with Qatar features a 13.37 percent price slope, making it more expensive than other international contracts.

Latest
  • Web Desk
  • Jan 22, 2025
Raahguzar app launched to spot legal and illegal petrol stations

Raahguzar app offers a user-friendly platform for consumers, district governments, and law enforcement agencies to identify illegal outlets or “dabba stations.”

Asian Development Bank grant
Business Pakistan
  • Web Desk
  • Mar 02, 2024
ADB cancels PKR 166.9 million grant for Pakistan’s gas storage system

The Asian Development Bank (ADB) has revoked a $6 million grant designated for the development of the gas storage system in Pakistan.

ECC
Pakistan
  • Shahzad Paracha
  • Feb 08, 2024
ECC approves Rs10 billion for digital information infrastructure initiative

The Economic Coordination Committee has approved the allocation of Rs10 billion for the Digital Information Infrastructure Initiative to proactively identify potential cyber threats to the national critical information infrastructure.

Petrol price to decrease in Pakistan in January 2024
Business Pakistan
  • Web Desk
  • Dec 24, 2023
Petrol price expected to decrease once again in Pakistan

ISLAMABAD: In a welcome development for Pakistani citizens grappling with inflation, the government is poised to introduce further relief for petroleum consumers.

petrol price unchanged
Business
  • Web Desk
  • Nov 30, 2023
Petrol price unchanged, diesel price reduced by Rs7 in Pakistan

The government has officially notified the new prices of petrol and diesel, effective for the next two weeks in Pakistan.

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