Aftab Maken ISLAMABAD: Pakistan’s petroleum pump owners suspended a planned nationwide strike for two weeks after the government pledged to address their concerns over dealer margins and the newly introduced daily fuel pricing mechanism. Pakistan’s petroleum pump owners on Wednesday suspended a planned nationwide strike for two weeks after the …
Read More »
Aftab Maken ISLAMABAD: Authorities have launched an investigation of State-run-Monopoly–PSO–into suspected manipulation of nearly 300,000 metric tonnes of petroleum stocks across multiple depots, with OGRA enforcement teams conducting nationwide inspections. An investigation is underway into the suspected manipulation of nearly 300,000 metric tonnes (MT) of petroleum stocks through alleged irregular offtake …
Read More »
Aftab Maken ISLAMABAD: The government on Friday announced a sharp increase in the prices of petroleum products, raising the ex-depot price of High Speed Diesel (HSD) by Rs 31.05 per litre and Motor Spirit (MS), commonly known as petrol, by Rs 5.44 per litre. According to a notification issued by …
Read More »
Gunvor Group Expands Footprint with Major Acquisition TotalEnergies Marketing & Services, a significant player in the global energy sector, recently concluded its operations in Pakistan by selling its shares to Gunvor Group, another prominent international company. This transaction marks a pivotal shift in Pakistan’s energy landscape, following the earlier departure …
Read More »
BeNewz