Month: January 2024

Electric bikes gain popularity

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Electric-bikes

500% savings per km, no maintenance drive the surge in sales KARACHI: Out of a total of 18 Electric Vehicle (EV) motorbike brands, ten have been gaining more popularity compared to fuel-driven bikes in the market. Another eight brands are expected to emerge in March, according to experts and analysts. “Ten branded companies have started selling EV motorbikes, while another eight firms will come up with their products in the middle of March, as the Engineering Development Board (EDB) has already issued licenses to 34 companies, including electric rickshaws. Over…

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ARL plans shutdown for maintenance

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New-ARL

KARACHI: Attock Refinery Ltd (ARL) is planning the refinery turnaround to carry out essential maintenance from Feb 10 for about a month. In a stock filing on Friday, the company said some of the existing units of the refinery would be shut down which would result in a reduction of the refinery’s throughput to around 40pc. Atlas Honda profit surges: Amid a turbulent 2023 for the entire auto sector and multiple price increases, Atlas Honda Ltd (AHL) profit surged 78.57 per cent to Rs2.5 billion during the quarter ending December…

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Petrol, diesel prices may go up by Rs9 per litre

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Petroleum-prices

ISLAMABAD: The prices of petrol and high-speed diesel (HSD) are estimated to go up by Rs5-9 per litre on Jan 31 for the next fortnight owing to higher international prices and import premiums, nullifying an impact of minor exchange rate gains. Informed sources said the prices of both major petroleum products – petrol and HSD – had increased in the international market over the past fortnight and Pakistan State Oil (PSO) also had to pay higher import premiums even though the rupee had gained against the US dollar. As a…

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Pakistan Refinery Limited Unveils Vision for a Sustainable Energy Future at PRL Connect 2024

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Pakistan_Refinery_Limited

Karachi, Friday, January 26, 2024Pakistan Refinery Limited (PRL) hosted its flagship event, PRL Connect 2024, on Friday, January 26, 2024, at Mövenpick Hotel, Karachi, under the theme “Powering Progress, Doubling Capacity.” The event provided a platform for industry leaders, stakeholders, and partners to converge and explore PRL’s transformative journey towards a sustainable energy future.Key Highlights: About Pakistan Refinery Limited:Pakistan Refinery Limited was incorporated in Pakistan as a public limited company in May 1960. The company is engaged in the production and sale of petroleum products. The Company is a subsidiary…

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Ministry of Energy (Petroleum Division) announces Oil, Gas and Minerals Career Expo

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Ministry-Energy

The Ministry of Energy (Petroleum Division), in partnership with the prominent Oil, Gas and Mineral companies, is thrilled to announce first of its kind, national level upcoming career expo set to take place on January 31 and February 1, 2024 at the Pakistan China Friendship Centre, Islamabad. With the theme “Fuelling Futures”, the Career Expo 2024  aims to create awareness and bridge the gap between students and Oil, Gas and Mineral Companies. It will facilitate meaningful interactions, and career development resources for attendees as the senior management and Human Resource…

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