28th November, 2012
King Abdullah ”well and in good health”: Saudi crown prince
Saudi Crown Prince Salman said that King Abdullah was “well and in good health”, more than 10 days after the monarch, believed to be in his late 80s, underwent an 11-hour back surgery.
6th September, 2012
Ogra detaches itself from price notifications
The Oil and Gas Regulatory Authority on Wednesday disassociated itself from issuing notifications regarding pricing decisions of petroleum products.
31st August, 2012
Fuel prices likely to rise
Fuel prices are likely to be raised for the month of September at midnight, with the government not expected to share the burden of the increase.
27th August, 2012
Petroleum Policy 2012 announced
The government announced Petroleum Exploration and Production Policy 2012 to help achieve energy self-sufficiency and promote exploration and production.
31st July, 2012
Petroleum, CNG prices increased
The price of petroleum has been increased by Rs7.67 per litre while the price of CNG has been increased by Rs7.02.
7th July, 2012
Govt to provide subsidy on gas products: Dr. Asim
Advisor to Prime Minister on Petroleum and Natural Resources Friday said that the government will provide subsidy to people on gas products.
30th June, 2012
CNG price reduced
Along with a reduction in other fuel prices, the ministry of petroleum has also decided to reduce the CNG price under the 60 per cent parity formula.
11th June, 2012
Petroleum consumption touches 13,879 mn tonnes
The consumption of petroleum products reached 13,879 million tonnes during the last nine months as compared to 13,802 million tonnes in the previous year.
30th April, 2012
Making petroleum policy globally competitive
Pakistan has had seven previous policies over the last two decades, with each successive policy providing more incentives to potential investors.
7th April, 2012
CNG quota to be fixed for filling stations on monthly basis: Dr Asim
CNG quota would be fixed on monthly basis for filling stations to address gas shortage issues, said Minister for Petroleum and Natural Resources, Dr Asim Hussain.
4th April, 2012
Karachi traders decide not to pay taxes, bills in protest
Paracha said that ultimatum given to government in connection to withdraw petroleum prices hike decision would expire.
2nd April, 2012
PML-N to boycott PCNS meeting
ISLAMABAD, April 1: Reacting immediately to the government’s decision to increase prices of diesel, petrol and other petroleum products, the Pakistan Muslim League-N announced on Sunday that it would boycott Monday’s meeting of the Parliamentary Committee on National
30th March, 2012
Ogra wants POL prices unchanged for a month
ISLAMABAD, March 29: Estimating an 8.2 per cent increase under the price formula, the Oil and Gas Regulatory Authority (Ogra) has advised the government to keep prices of petroleum products unchanged for next month to comply with a decision of the special
23rd March, 2012
5-day gas supply for Punjab industry
LAHORE, March 22: Petroleum Minister Dr Asim Hussain has announced to increase the supply of gas to the industry from three days to five days a week from Monday.
8th February, 2012
Govt rules out reversal of oil price hike
ISLAMABAD, Feb 7: The government ruled out on Tuesday reversal of recent increase in the prices of petroleum products, saying that it was indexed and linked to the international prices and there was no way
2nd February, 2012
Sindh objects to new petroleum policy
KARACHI, Feb 1: Sindh has objected to the posting of a new petroleum policy by the federal ministry of petroleum and natural resources on its website without consulting them during its formulation, terming it a violation of the Constitution.
2nd February, 2012
Senators demand withdrawal of oil, gas price hike
ISLAMABAD, Feb 1: Legislators belonging to the Pakistan Muslim League-N, Muttahida Qaumi Movement, Jamaat-i-Islami, PML (Like-minded), Jamiat Ulema-i-Islam-F and Pakhtunkhwa Milli Awami Party staged a
1st February, 2012
Iran pipeline to supply gas by end of 2014
SLAMABAD, Jan 31: The National Assembly's Standing Committee on Petroleum and Natural Resources was informed on Tuesday that the supply of natural gas through the Iran-Pakistan (IP) pipeline would start by December 2014
1st February, 2012
10pc development cess imposed on CNG
ISLAMABAD, Jan 31: Backtracking from the commitments made by the petroleum ministry on January 3, the government on Tuesday notified 10 per cent infrastructure development cess on compressed natural gas (CNG) with effect from Wednesday.
28th January, 2012
Fresh hike in petrol price proposed
ISLAMABAD, Jan 27: Prices of petroleum products are likely to be increased by Rs3-6 per litre on Jan 31 in line with a rising trend in the international market.