oil sector
Pakistan Plans $2 Billion International Bond Issue as Saudi Oil Facility Excluded from FY27 Budget
Pakistan plans to raise $2 billion through international bond issuances during fiscal year 2026-27 while making no provision for financing under the Saudi Oil Facility…
China Petrol Demand Drops 5.5% as Oil Prices Surge
China has recorded a 5.5 percent decline in petrol demand as escalating tensions involving Iran and rising global crude oil prices continue to disrupt international energy markets. According…
Attock Refinery Shuts Main Crude Unit Amid Islamabad Supply Disruptions
Attock Refinery Limited has shut down its main crude processing unit after supply disruptions caused by traffic restrictions in Islamabad affected the movement of crude oil and refinery…
Azerbaijan Eyes Major Energy Investment in Pakistan
Pakistan and Azerbaijan are moving closer to a major energy partnership, with discussions underway on a potential oil pipeline project and a $1 billion loan…
Pakistan, Russia in Talks for Major Oil Sector Agreement
Pakistan and Russia are actively negotiating a potential oil sector agreement, signaling a major step forward in bilateral energy cooperation. Finance Minister Muhammad Aurangzeb has…
Oil Industry Rejects Ogra’s ATG Deadline, Demands Phased Plan & Rs55bn Recovery
Pakistan’s oil industry has strongly opposed Ogra’s newly enforced deadlines for nationwide digital monitoring of more than 32,000 storage tanks and petrol pumps, arguing that…
Oil Sector Demands Increase in OMC Margins
ISLAMABAD: The oil sector has formally requested the government to approve a revised Rs10 per litre margin for oil marketing companies (OMCs), up from the…
