Pakistan Revises Fuel Margins, Keeping Prices High Despite Global Oil Dip Islamabad — The government has adjusted freight and dealer margins on petroleum products, keeping fuel prices elevated for consumers. Official documents reveal that the freight margin on high-speed diesel has been set at Rs6.19 per litre, with an additional 32 paisa per litre added […]
Petrol price cut, diesel price up from August 1 ISLAMABAD – The government of Pakistan has made changes to fuel prices starting August 1, 2025. According to the Finance Ministry, petrol price has been reduced by Rs7.54 per litre, while diesel price has increased by Rs1.48 per litre. Now, petrol will cost Rs264.61 per litre, […]
Pakistani Crew Stranded on Ship Without Food or Fuel Amid International Dispute ISLAMABAD – A Pakistani cargo vessel has been stranded at a Mozambican port for nearly nine months, with the situation deteriorating rapidly as the crew runs out of food, water, and fuel. The ship, captained by Pakistani national Muhammad Aslam, reportedly has no […]
Hospitals in Gaza are facing a looming humanitarian disaster as severe fuel shortages threaten to shut down critical medical services, including oxygen stations, neonatal care, and surgical operations. Doctors at Al Shifa Medical Center in Gaza City are sounding the alarm, warning that the lives of hundreds of patients — including premature babies — are […]
Petrol and Diesel Prices Likely to Go Up from July 1 The prices of fuel in Pakistan may increase from July 1, 2025. High-speed diesel might go up by Rs14.86 per litre. Petrol might increase by Rs11.43 per litre. The Oil and Gas Regulatory Authority (OGRA) will send a report about the new prices today. […]
Dangerously high radiation levels mean that removing melted fuel and other debris from the plant hit by a huge tsunami in 2011 is seen as the most daunting challenge in the decades-long decommissioning project. Around 880 tonnes of hazardous material are inside the power station — the site of one of history’s worst nuclear accidents […]
Meanwhile, the turmoil unleashed by Trump’s tariffs showed few signs of easing on Friday, with markets tumbling and foreign leaders puzzling how to respond to the biggest disruption to the world trade order in decades. A brief reprieve for battered stocks seen after Trump decided to pause duties for dozens of countries for 90 days […]
The action is the latest in the Trump administration’s sweeping moves to undo the prior administration’s efforts to prod automakers to build electric vehicles after rescinding a push to make EVs at least 50% of new vehicles by 2030. Make sense of the latest ESG trends affecting companies and governments with the Reuters Sustainable Switch […]
During the hearing, Justice Jamal Mandokhail remarked that the taxes collected through electricity bills go into the national treasury. Justice Hassan Azhar Rizvi pointed out that NEPRA conducts hearings on electricity tariffs and questioned whether Jamaat-e-Islami had ever raised objections during NEPRA’s proceedings. Justice Rizvi further stated that electricity theft is a major cause of […]
In a statement issued here, the KE maintained that the expected relief of proposed FCA is PKR 247 million which will translate to PKR 0.16 per unit. Following the public hearing the NADRA will issue a decision clarifying the FCA amount to be passed on to customer bills and the period for which they will […]