BusinessPakistan OGRA briefs OMCs about mechanism of exchange rate adjustment by admin March 31, 2023 by admin March 31, 2023 Staff Report ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has briefed the Oil Marketing Companies… Read more 0 FacebookTwitterLinkedinWhatsappEmail
BusinessPakistan OCAC warns of looming fuel shortage by admin January 14, 2023 by admin January 14, 2023 Monitoring Report companies on Friday asked the finance ministry to urgently intervene to ensure the timely… Read more 0 FacebookTwitterLinkedinWhatsappEmail
BusinessPakistan FIA assures support to commercial banks for doing business with OMCs, refineries by admin March 20, 2022 by admin March 20, 2022 Staff Report ISLAMABAD: Following the refusal of the commercial banks to extend the credit facility to… Read more 0 FacebookTwitterLinkedinWhatsappEmail
BusinessPakistan President sanctions Rs 20 billion for reimbursement of PDCs of OMCs/refineries by admin March 18, 2022 by admin March 18, 2022 Staff Report ISLAMABAD: President Arif Alvi on Friday sanctioned for placement of Rs 20 billion amount… Read more 0 FacebookTwitterLinkedinWhatsappEmail
BusinessPakistan OCAC asks enhanced trade finance facilities for OMCs & refineries by admin February 1, 2022 by admin February 1, 2022 Staff Report Amid rising oil prices in international market coupled with devaluation of Pak rupees against… Read more 0 FacebookTwitterLinkedinWhatsappEmail
BusinessPakistan OMCs on verge of exit or close operations mainly due to burgeoning losses by admin September 7, 2021 by admin September 7, 2021 Staff Report ISLAMABAD: Financial crisis of the Oil Marketing Companies (OMCs) have worsened and they have… Read more 0 FacebookTwitterLinkedinWhatsappEmail
BusinessPakistan OCAC asks petroleum division to devise a separate policy for OMCs by admin August 28, 2021 by admin August 28, 2021 Staff Report ISLAMABAD: Oil Companies Advisory Council (OCAC) has raised voice for a separate policy for… Read more 0 FacebookTwitterLinkedinWhatsappEmail
BusinessPakistan FIA to take action against main OMCs involved in Oil Crisis 2020 by admin August 27, 2021 by admin August 27, 2021 Monitoring Report ISLAMABAD: Federal Investigation Agency (FIA) will fix the main culprits of oil marketing companies… Read more 0 FacebookTwitterLinkedinWhatsappEmail
BusinessPakistan OGRA to apprise IHC regarding ban on development of new retail outlets by OMCs on 29th July by admin July 15, 2021 by admin July 15, 2021 Staff Report ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) is expected to apprise the Islamabad… Read more 0 FacebookTwitterLinkedinWhatsappEmail
BusinessPakistan Cabinet may ratify 0.5 % as operational losses in gasoline transport through pipelines by admin June 21, 2021 by admin June 21, 2021 Staff Report ISLAMABAD: The federal cabinet on Tuesday is likely to ratify a decision of Economic… Read more 0 FacebookTwitterLinkedinWhatsappEmail