Tag: energy sector update

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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Federal Minister of Petroleum Ali Pervaiz Malik Meets Vice Energy Minister of Kazakhstan to Strengthen Bilateral Energy Cooperation

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Islamabad, April 28,2025 Federal Minister for Petroleum Ali Pervaiz Malik held a productive meeting with the Vice Minister of Energy of the Republic of Kazakhstan,H.E. Arymbek Kudaibergen, today in Islamabad. The high-level discussion focused on enhancing bilateral cooperation in the energy sector, including oil and gas exploration, minerals and investment opportunities. Both sides emphasized the importance of strengthening Pakistan-Kazakhstan relations, particularly in energy collaboration. Minister Ali Pervaiz Malik highlighted Pakistan’s growing energy demands and expressed interest in leveraging Kazakhstan’s expertise in hydrocarbon resources and mining. The Vice Minister of Energy…

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Russia says it fully complied with OPEC+ oil deal in January

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Russia

MOSCOW: Russia was in full compliance with the OPEC+ deal to restrain oil production in January and plans to do so this month, Deputy Prime Minister Alexander Novak told reporters on Wednesday. He also said that Russia planned to keep steady or increase oil refining throughput this year. Russia processed 266.5 million metric tons (5.33 million barrels per day) of oil in 2024. Russia has frequently exceeded its output quota of 8.98 million bpd under a pact among the OPEC+ group, which includes the Organization of the Petroleum Exporting Countries…

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