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Government launched the fuel bomb on masses

Lahore : The Government has dropped fuel bomb on the masses by increasing the prices of petroleum products for the month of November. The decision has been taken to load the burden of government expanse by public at large. An increase of Rs 5.0 per liter in the price of ... Read More »

Government reduces petrol price

Lahore : Syed Ali Zafar, Federal Minister for Energy in a statement here today, said that Federal Government has decided to reduce petroleum prices in order to provide relief to the general public. Federal Cabinet,he said had decided that sales tax rates would be reduced from 17% to 12% for ... Read More »

Pakistan should start importing petroleum products from Tehran

Lahore: Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt on Wednesday lauded Prime Minister Nawaz Sharif for initiating serious efforts to boost trade with Iran terming them highly satisfactory. Pakistan and Iran can become important trading partner for which serious efforts have been initiated while an FTA between both ... Read More »

The government announces to reduce petroleum prices by Rs 5 per liter

Lahore: The government announced on Saturday the new prices of petroleum products for the month of February and decided to reduce prices of all products by Rs 5 per liter. According to the announcement, the new price for Petrol to be effective from February, 01, would be Rs 71.25 and the price of ... Read More »

Non-payment of PSO payables hit masses, economy alike Petroleum

Lahore: President of the Pakistan Economy Watch Dr. Murtaza Mughal on Friday said wrong decisions of the bureaucracy are behind the petrol crisis which has made life difficult for millions and hit economy. Those who failed to take corrective measures in time should be asked to give reasons for the disaster, ... Read More »

PEW call for increasing petroleum storage capacity in the Gilgit-Baltistan

Lahore: The Pakistan Economy Watch (PEW) on Wednesday called for increasing petroleum storage capacity in the Gilgit-Baltistan (GB) to avoid any future problems. Expressing concern over the current situation, it called for boosting GB petroleum storage capacity by 400 per cent which can help masses as well as armed forces ... Read More »

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