The Government of Pakistan has taken fresh steps to revive nearly $6 billion worth of planned refinery investments by addressing tax-related and policy issues that have delayed modernization projects across the country’s oil refining sector. A high-level meeting chaired by Muhammad Aurangzeb highlighted renewed efforts to push forward the long-awaited Brownfield Refinery Policy. Officials discussed […]
Pakistan State Oil has announced the appointment of Abdus Sami as its interim Chief Executive Officer, effective March 31, 2026. The move comes as part of the company’s strategy to maintain operational stability while the process for selecting a permanent CEO continues. The decision was approved during a board meeting held on March 30, 2026. […]
Petrol pump closures could begin within days if fuel deliveries are not restored, according to the Pakistan Petroleum Dealers Association (PPDA). The association has raised concerns over declining fuel supply to retail outlets across the country. The warning was issued during a press conference held at the Lahore Press Club, where industry representatives highlighted the […]
Fuel supply concerns are growing across Pakistan after the Pakistan Petroleum Dealers Association warned that petrol pumps may begin shutting down from Monday if supply disruptions continue. The association said that retail outlets across the country currently have only about 50 percent of their normal petrol stock remaining. Dealers fear the situation could worsen quickly […]
