Tanveer Malik

KARACHI: The country exported approximately 300,000 metric tonnes (MT) of furnace oil in the first quarter of this financial year, compared to around 100,000MT in the same quarter of the previous financial year.

KARACHI: The oil transportation and storage sector is expected to record higher throughput volumes, driven by the relaxation on imports and rising demand for petroleum products, a study by the...

KARACHI: The country recorded low power generation at a high cost in the first quarter of the current financial year, with output falling by over 8.0 per cent and costs rising by 3.2 per cent,...

KARACHI: The Oil and Gas Regulatory Authority has approved the import of 76,000 metric tonnes of high-speed diesel by Gas & Oil Pakistan Ltd and 190,000 metric tonnes by Pakistan State Oil ...

KARACHI: The oil sector has expressed its inability to carry out the digitisation of retail petroleum outlets under the government’s anti-smuggling policy due to a lack of necessary manpower...

KARACHI: Demand for high-speed diesel (HSD) has surged in October, driven by anti-smuggling actions and the start of the harvesting season.

KARACHI: Pakistan recorded an 18 per cent increase in petroleum product sales in October this fiscal year, driven by government action against oil smuggling and a boost in economic...

KARACHI: The business community expressed a mixed reaction on Monday to the central bank’s recent 2.5 per cent policy rate cut, with industry leaders urging the State Bank of Pakistan to...

KARACHI: The Oil and Gas Regulatory Authority (Ogra) has instructed oil marketing companies (OMCs) to ensure full compliance with safety and branding

KARACHI: The government has initiated the process to deregulate the prices of four key petroleum products by forming a working group tasked with