Unauthenticated oil & gas data deprives real royalty to provinces
May 20, 2025– Parliamentarians showed concerns over actual royalty payments to provinces due to discrepancies in Oil and Gas Development Limited’s (OGDCL) real-time production and refined products sales data while no verification mechanism within…
IMF warns: India Pakistan tensions could heighten the program
ISLAMABAD (May 17) – The rising tensions between India andPakistan, if sustained or deteriorate further, could heighten enterprise risks to the fiscal,external and reform goals of the program. Reputational risks could also come from anyperceived…
Adjustment in the CPP levy
ISLAMABAD (May 4)– Petroleum Division has clarified that any rebate or adjustment in the CPP levy will be considered in subsequent billing months based on the determination of FCA by NEPRA applicable for the respective month of the power tariff. In a…
Pakistan prohibited Indian goods
ISLAMABAD (May 4)– Pakistan has ban the import of Indian origin goods by third countries via sea, land and air with immediate effect after India announced ban on Pakistani goods. On Sunday, Commerce Ministry issued a notification to prohibit Indian…
POL prices build-in wef May 1
ISLAMABAD (May 2) – The ex-refinery prices of petrol and HSD were calculated at Rs 1.40 per litre and Rs 1.93 per litre respectively and adjustment in margins enable the government to reduce the price of both petroleum products by Rs 2 per litre for…
Pakistan moves to Ethanol-Blended Fuel to Cut Imports
ISLAMABAD – Pakistan is preparing to launch a voluntary ethanol-blending policy aimed at reducing reliance on imported fuel and boosting renewable energy. The Petroleum Division is expected to approve a draft policy that would allow petrol to be mixed…
Meeting of the PC Board on Discos
ISLAMABAD (December 11) – A meeting of the Privatization Commission was held under the chairmanship of the Federal Minister for Privatization, Investment, and Communications, Abdul Aleem Khan. Key decisions, recommendations, and important matters…
Emergency steps for Murree snow
ISLAMABAD (Dec 5)- In anticipation of the upcoming snowfall in Murree, the Provincial Disaster Management Authority (PDMA) has activated its response mechanism to ensure the safety of residents and tourists. To this end, the PDMA has equipped local…
MD PPL accused of irregular appointment
Auditor General of Pakistan (AGP) accused Managing Director (MD) Pakistan Petroleum Limited (PPL) for giving undue favour in appointment of head of legal and commercial by violating Hiring Policy (HR) of the company. The Audit Report on the Accounts of…
Monsoon flooding Punjab ‘KP
ISLAMABAD – The National Disaster Management Authority (NDMA) on Wednesday warned of monsoon flash floods and urban flooding in Punjab, Khyber Pakhtunkhwa and other parts. Monsoon rains and thundershowers, as per NDMA’s Emergencies Operation…