Category: Popular News

Petrol, diesel prices announced for next fortnight

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Petrol-Diesel

ISLAMABAD: The federal government has announced new petrol and diesel prices for the next fortnight, Energy Update News updated According to a notification issued by the Ministry of Finance, the petrol price has been decreased by Rs7.54 per litre and while diesel’s price was inreased by Rs1.48 per litre. After the decrease, the new price for petrol has been set at Rs 264.61 per litre while the diesel will be available at Rs 285.83 per litre after a hike of Rs1.48. Petroleum Prices in Pakistan Today Prices w.e.f 1-August-2025 Fuel…

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Thar Coal Development: TCEB Approves Strategic Tariff and Policy Measures to Strengthen Indigenous Energy Sector

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Thar Coal Development

KARACHI (July 30) – Sindh Chief Minister Syed Murad Ali Shah chaired the 29th meeting of the Thar Coal and Energy Board (TCEB) at CM House, where several pivotal decisions were taken to accelerate coal-based energy development in the Thar region. Highlighting the impact of Thar’s coal power projects, the CM revealed that since 2019, over 2,600 MW of affordable electricity has been added to the national grid at just Rs 4.8 per unit—compared to Rs 19.5 per unit from imported coal—saving Pakistan nearly \$1.3 billion in foreign exchange. During…

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GoodWe Hosts Pakistani Consul General in Shanghai to Deepen Renewable Energy Partnership

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GoodWe-Project

As part of its continued commitment to international clean energy cooperation, GoodWe hosted Mr. Shehzad Ahmad Khan, Consul General of Pakistan in Shanghai, and his delegation at its global headquarters in Suzhou. GoodWe’s Vice President, Alex Pan, led the team in welcoming the delegation. During his visit, the Consul General noted that GoodWe is already a familiar name in Pakistan’s energy sector. Visiting the company’s headquarters, he remarked, gave him “a much clearer and more personal impression of the people, technologies, and values behind the brand.” He also expressed that…

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Oil prices rise 1% on trade war relief, US pressure on Russia

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Oil prices

NEW YORK: Oil prices rose on Tuesday, extending the previous day’s rally, on optimism that a trade war between the United States and its major trading partners was abating and as President Donald Trump ramped up pressure on Russia over its war in Ukraine. Brent crude futures were up 95 cents, or 1.36%, at $70.99 a barrel at 12 p.m. EDT (1600 GMT), having touched their highest since June 23, while U.S. West Texas Intermediate crude was at $67.70, up 99 cents, or 1.48%. Both contracts settled more than 2%…

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Fuel prices in Pakistan set to drop from August 1: report 

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Petrol-Diesel

Petrol to decline by Rs6.82, diesel by Rs1.68; declining ex-refinery prices allow the government to re-impose a Rs2.50/ltr petroleum levy on both ISLAMABAD: Petroleum product prices are expected to undergo a mixed revision from August 1, 2025, with petrol (PMG) and high-speed diesel (HSD) likely to become cheaper, while kerosene and light diesel oil (LDO) may see slight increases. High-speed diesel (HSD), the primary fuel for heavy transport and agriculture machinery, is also anticipated to see a downward revision in prices. The ex-refinery price of HSD may be reduced by…

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