–Govt also raised the petroleum levy on petrol Aftab Maken ISLAMABAD: Despite an increase in the petrol and high-speed diesel prices, a significant reduction in the rates of kerosene oil, light diesel, and jet fuel has been announced in a revised pricing decision effective from midnight. Following the increase in …
Read More »Govt raises POL prices by Rs 26.77
BeNewz Report ISLMAABAD: The Ministry of Energy (Petroleum Division) on Friday announced a significant increase in petroleum product prices for the upcoming week, effective April 25, 2026. According to an official press release, the price of High-Speed Diesel (HSD) has been raised by Rs26.77 per litre, taking it from Rs353.42 …
Read More »PLL receives four bids for LNG supply tender
–OQ Trading emerges lowest for Mid-May delivery Aftab Maken ISLAMABAD: Pakistan LNG Limited has completed the evaluation of bids for its latest liquefied natural gas (LNG) procurement tender, with multiple international suppliers competing to provide cargoes for late April and early May deliveries. According to the evaluation report issued under …
Read More »Oil shock hits PSO as diesel premiums surge
Aftab Maken ISLAMABAD: Pakistan is once again facing mounting pressure from global oil market volatility after a sharp rise in diesel import premiums pushed the country closer to a fresh fuel price shock. The country’s largest fuel importer, Pakistan State Oil (PSO), has reported an unprecedented surge in high-speed diesel …
Read More »Loadshedding Menace: Urgently needs 4 LNG cargoes
–Power outages in Karachi reaches to 12 hours daily Aftab Maken ISLAMABAD: As summer heat intensifies across the country, electricity demand has surged rapidly, triggering a fresh wave of power shortages. This would surely push back the poor electricity consumers in 2008-13 situation to face the menace of 12 hours …
Read More »Diesel price cut Rs32 as Shehbaz approves relief
–Pakistan cuts diesel price by Rs32 per litre, offering relief after weeks of volatility, while petrol price remains unchanged BeNewz Report ISLAMABAD: Prime Minister Shehbaz Sharif has approved a Rs 32.12 per litre reduction in diesel prices, bringing the new rate down to Rs 353.43, while petrol prices have been …
Read More »NEPRA reviews March FCA Hike of Rs 0.266
–NEPRA will review a Rs0.2660 per kilowatt-hour fuel charge adjustment request, affecting electricity bills nationwide and reflecting March 2026 generation costs for consumers and industries across Pakistan BeNewz Report ISLAMABAD: The National Electric Power Regulatory Authority, known as NEPRA, will hold a public hearing on April 28, 2026, in Islamabad …
Read More »Govt cuts fuel prices sharply
–PM Shehbaz Sharif announced a major cut in petroleum prices, reducing diesel by Rs135 and petrol by Rs12 per litre to pass on relief from falling global oil prices Aftab Maken ISLAMABAD: Prime Minister Shehbaz Sharif on Friday announced a significant reduction in petroleum product prices, citing a decline in …
Read More »Pakistan announces Iran-US ceasefire breakthrough
–Pakistan says Iran, US agree to immediate ceasefire, invites talks in Islamabad on April 10 to pursue lasting peace deal Aftab Maken ISLAMABAD: Pakistan on Thursday said Iran and the United States have agreed to an immediate and comprehensive ceasefire, marking a significant diplomatic development amid prolonged regional tensions. Prime …
Read More »Fuel backlash puts Aurangzeb under pressure
Aftab Maken ISLAMABAD: Pakistan’s abrupt fuel price hike and rapid reversal have intensified political pressure on Finance Minister Muhammad Aurangzeb, with speculation growing over his future amid fiscal strain and public anger. Pakistan’s government faced mounting political heat after a record fuel price hike triggered widespread backlash and forced a …
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