Posts tagged as: petrol

Petrol Shortage Situation Sees Improvement After Government Takes Action

Petrol situation improving

The petrol shortage crisis in the country is easing up after the government set up a ‘situation room’ to monitor sales and supply and the Prime Minister is expected to review the situation today in regards to the continued supply of petroleum over the next two months. Several petrol stations in Lahore were reportedly servicing […]

CNG Must be Banned on All Cars above 1000 CC

Pakistan is rich in natural resources and by far, natural gas has been one of the most beneficial for the people of the nation thus far. It is clean, environmentally friendly and extremely cheap, well for now. But if we continue using it like there is no tomorrow and thinking “Allah is naimat ko khatam […]

Supreme Court declares linkage of CNG price with petrol illegal

Declaring linkage of CNG (Compressed Natural Gas) prices with those of other petroleum products illegal, the Supreme Court of Pakistan on Thursday issued an interim order in a case about weekly review of gas prices. A two-member bench of the apex court headed by Chief Justice Iftikhar Muhammad Chaudhary ruled that the court said that […]

Government drops another petrol bomb on masses

Petrol situation improving

In its weekly revision of petroleum prices, the government has dropped another petrol bomb on poverty-stricken masses, by increasing prices of petroleum products up to seven rupees. Taking effect from September 17 (Today), the Oil & Gas Regulatory Authority (OGRA) has notified the change of petroleum products prices once again. Earlier, the ministry of finance […]

POL prices likely to increase next week

Islamabad: The petroleum prices are likely to increase next week following the increase in petroleum prices in the international market. According to the details, the prices of the petroleum products are expected to be increased to Rs 7 per litre. As per the sources, the per litre prices of petrol and diesel could be increased […]

Government drops another petrol bomb

Giving citizens some more to digest following Eid festivities, the government dropped a petrol bomb, rising oil prices by up to Rs4.40 per litre. Effective from today, the government announced a price hike in petroleum products. Earlier, the government had decided to retain prices of petroleum products at the current level due to Eid-ul-Fitr. However, […]

POL prices likely to go up from Aug 16

Islamabad: (Friday, August 10, 2012) With the POL products getting expensive in the international oil market, the domestic market is also likely to observe a significant price hike in various petroleum products. According to the sources, the government is mulling over increasing petrol prices by at least Rs. 1 per litre . Similar to petrol, […]

Government drops another petrol bomb on hapless masses

The government on Tuesday dropped another petrol bomb on poverty-stricken masses, by increasing prices of petroleum products up to seven rupees. Following a rise in global oil prices, the government hiked the prices of petroleum products effective from today. Following an increase in petrol prices, the price of Compress Natural Gas (CNG) has also been […]

Increasing incidents of gas cylinder blasts

The ratio of gas cylinder blast has been increasing during last year. This technology was introduced in the country back in 2000-01. This industry has been grown up many folds and many CNG (Compressed Natural Gas) stations have also been working in the country. Commercial vehicles like vans and buses also started use of CNG […]

PPP Government slammed for increasing fuel prices – Pakistan oil and gas news

PPP Government slammed for increasing fuel prices – Pakistan oil and gas news According to sources, petrol products’ prices are set to be increased from April 1, 2012. Petrol prices have been increased on regular basis for the last few months and it will be interesting to see if the burdened cosumers can cope with […]

Will hybrid and electric vehicles be the answer to high oil prices? – Part 1

The oil prices are skyrocketing and it is expected that in the not-so-far future the price might touch $5 per barrel. With beefed up prices of the black gold, among countless commodities that will taste the inflation, car commute is going to receive harshest blow. Although the automotive industry has produced a number of solutions […]

Will hybrid and electric vehicles be the answer to high oil prices? – Part 2

Moreover, the economy of scale is another problem, in terms of production and sales. Due to the lack of demand of such automobiles in the market, the automakers cannot produce the equipment on larger scale. Low sales also result in higher costs of such cars, let alone SUVs and crossovers. The payback period of these […]

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