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Govt eyes more Russian oil, but refiners skeptical

KARACHI: Pakistan’s refineries, except for Pakistan Refinery Ltd., are reluctant to import crude oil from Russia due to their existing contracts and financial viability, The News learnt on Saturday. Pakistan bought 100,000 ...

Oil licences’ waiver extended

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh has welcomed a two-month extension in the waiver for dangerous petroleum licences for the clearance of import consignments of ...

14-Sep-2025 Read More

Govt seeks to utilise IPP’s berth

ISLAMABAD: The government has decided to initiate dialogue with a Chinese independent power producer (IPP) on the potential use of an underutilised berth, dedicated for Sahiwal power plant, for the export of cement and clinker. ...

14-Sep-2025 Read More

Flood-stricken areas granted August electricity bill relief

LAHORE: Prime Minister Shehbaz Sharif on Saturday announced a major relief measure for flood-hit people, directing electricity distribution companies (DISCOs) to immediately stop collecting August 2025 electricity bills in flood...

14-Sep-2025 Read More

Govt to provide RLNG to new Lahore consumers

LAHORE: The federal government has decided that new domestic gas consumers in Lahore will be provided through Regasified Liquefied Natural Gas (RLNG), sources in the petroleum ministry said on Saturday. According to officials...

14-Sep-2025 Read More

Fuel prices may rise by Rs4.8

ISLAMABAD: The prices of petroleum products are likely to increase by up to Rs4.79 per litre from September 16 as part of the fortnightly revision of prices in view of fluctuations in the international market. Petrol price is...

14-Sep-2025 Read More