Stories from ZAFAR BHUTTA
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Substantial cut in POL prices announced
HSD slashed by Rs30, petrol, kerosene and light diesel reduced by Rs12 per litre, says finance minister
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KPT being run on ad hoc basis since Dec 2020
Govt has appointed fourth KPT chairman on deputation
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Investment plans under threat
Global body asks govt to carefully exercise powers to restrict internet services
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Oil, gas firms post profits in face of debt
Circular debt has been piling up for years and has now crossed a staggering Rs1.6 trillion
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Crackdown on diesel smuggling planned
Petroleum Division writes letter to interior ministry and FBR, seeks action
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Chinese bank opens LC for Russian oil import
Pakistan will pay for 100,000 tons of crude oil in Chinese yuan
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KE tariff to rise by Rs3.7 per unit under FCA
Increase will put additional burden of Rs5.47b on Karachi consumers
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KE demands separate tariffs
Says it will ensure better transparency as market shifts towards liberalisation
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Power sector a mess that requires reforms
Study advocates business models to boost renewable energy, liberalise energy market
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Refineries dealt blow as incentives denied
CCOE forms body to deliberate further, give report in 10 days









