From December 16, the government may lower the price of petrol by Rs11 a litre, according to reports. According to industry insiders, the price of diesel is projected to drop by Rs9 per litre, and the government will finalise petroleum product prices after either hiking or lowering tax rates. The revised prices of petroleum products will come into effect from…
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US natural gas futures rose almost 4% to a fresh one-week high on Monday on forecasts for colder weather and higher demand next week than previously expected and an 11% jump in European gas prices that should keep US liquefied natural gas (LNG) exports near record highs. Gas prices in Europe soared to their highest since hitting a record in…
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Noreen Fatima, a housewife, said “Every time when we approach LPG dealers they inform us about new prices. When we make argument then they suggest us to contact any other dealer.” “We bought LPG at Rs250 per kilogramme last time and now they are charging Rs265 for one kilogramme to cash in on the miseries of the people,” she said.…
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Egypt’s long-suffering LNG industry is finally experiencing some success as it takes advantage of European gas market constraints and exploits regional geopolitical developments. Cairo’s dream of becoming a global LNG player was derailed by a combination of the Arab Spring, conflict with Turkey, and then COVID demand destruction. Now, however, the country’s LNG industry is poised for major growth, with…
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The highly coveted and most prestigious forum for the energy sector across the globe, S&P Global Platts Energy Awards announced K-Electric as the winner for its Roshni Baji Women Ambassador Program under the Corporate Social Responsibility – Diversified Program Category. Often described as the “Oscars” of Energy, the 23rd Annual Awards program was held at the Cipriani Wall Street in…
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President of the Federal Petroleum Corporation of Pakistan (FPCCI), Mian Nasser Hyatt Maggo, has welcomed the visit of Masroor Khan, Chairman of the Oil and Gas Regulatory Authority of Pakistan (OGRA), to the FPCCI Headquarters at Federation House in Karachi for a consultative session on the burning issue of increasing gas shortages for industry and end-users. He expressed his surprise…
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Sindh Chief Minister Syed Murad Ali Shah on Monday said that achievements of Sindh government, include power generation from Thar coal, restoration of law and order in post-2008 scenario and establishment of powers plant, construction of roads and bridges on river Indus on PPP mode. This he said while talking to Assistant Superintendents of Police Inspectors (ASP) of Specialized Training…
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