Author: Admin

Govt Increases Petrol Price by Rs2.43 and HSD by Rs3.02 per Litre

Admin
New-OGRA1

ISLAMABAD: The federal government has announced an increase in petroleum product prices of up to Rs3.02 per litre for the fortnight beginning November 1, 2025, following recommendations from the Oil and Gas Regulatory Authority (OGRA) and relevant ministries. According to a statement issued by the Finance Division, the price of High-Speed Diesel (HSD) has been raised by Rs3.02 per litre, bringing the new ex-depot price to Rs278.44 per litre, compared to Rs275.42 in the previous fortnight. Similarly, the price of petrol has been increased by Rs2.43 per litre, now fixed…

Read More

Pakistan, Kuwait Sign $25 Million Loan Agreement for Mohmand Dam Hydropower Project

Admin
Mohmand-Dam

ISLAMABAD: Pakistan and Kuwait on Friday signed a second loan agreement worth Kuwaiti Dinar 7.5 million (approximately $25 million) to finance the Mohmand Dam Hydropower Project, further deepening bilateral economic cooperation between the two nations. The agreement was formalised at the Ministry of Economic Affairs in Islamabad between the Government of Pakistan and the Kuwait Fund for Arab Economic Development (KFAED). The document was signed by Muhammad Humair Karim, Secretary, Ministry of Economic Affairs, on behalf of Pakistan. The signing ceremony was attended by Fahad Hesham H. A. S. Aldousari,…

Read More

Pakistan, US Explore Cooperation in Minerals and Mining Sector

Admin
National-Minerals

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb met with Robert Louis Strayer II, President of the Critical Minerals Forum (USA), and Natalie Baker, Chargé d’Affaires of the United States, at the Ministry of Finance on Friday to discuss potential collaboration in Pakistan’s minerals and mining sector. Senior officials from the Ministry of Finance and related departments also participated in the meeting, which focused on strengthening supply-chain security, fostering sustainable investment, and exploring joint opportunities in Pakistan’s critical minerals domain. Welcoming the US delegation, Minister Aurangzeb highlighted Pakistan’s improving…

Read More

OGRA Reduces LPG Prices for November Amid Global Decline

Admin
OGRA-GAS

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced a reduction in liquefied petroleum gas (LPG) prices for November, attributing the cut to lower international rates and a marginal appreciation of the Pakistani rupee. The new maximum consumer price for an 11.8 kg domestic LPG cylinder has been fixed at Rs. 2,378.89, reflecting a decrease of Rs. 69.44 or 2.83% compared to October’s rate of Rs. 2,448.33. On a per kilogram basis, the price has dropped by Rs. 5.88. According to OGRA, the revision follows a 3.52% decline in…

Read More

PPL Secures Conditional Approval for Precious and Base Metals Exploration in Balochistan

Admin
New-PPL

KARACHI: Pakistan Petroleum Limited (PPL), one of the country’s leading energy companies, has received conditional approval from the Government of Balochistan for a new mineral exploration license (EL-331). The license covers the exploration of precious and base metals, along with associated minerals, in District Chaghai — part of the renowned Chaghai Metallogenic Belt, which hosts globally recognized copper and gold deposits, including Reko Diq and Saindak. This development marks a major step in PPL’s strategy to diversify beyond its core hydrocarbons business and strengthen its role in Pakistan’s growing minerals…

Read More