The government is defending appointments at PARCO, with the Petroleum Division citing expertise, while the Auditor General of Pakistan flags the non-production of relevant records.

The government has designated the Federal Board of Revenue (FBR) as the collection agent for the Petroleum Division, tasked with collecting petroleum development levy (PDL) and customs surcharge levy (CSL) on petroleum products.

The government of Pakistan has announced an increase in the price of petrol by Rs8 per litre and high-speed diesel by Rs5.16 per litre for the upcoming fortnight, as stated in a press release from the Petroleum Division.

Pakistan's Petroleum Division has assured oil-marketing companies and refineries that the weekly oil pricing mechanism, based on import premiums, will remain to minimize losses. This comes after concerns from industry executives regarding upcoming price adjustments.

Pakistan's Petroleum Division has refuted claims circulating on Thursday that petrol stations across the country would shut down from May 1 due to fuel shortages, assuring continued supply.

Pakistan's Petroleum Division is reportedly seeking a higher price for the diversion of local gas from CNG stations to LNG plants, potentially leading to a Re1 per unit power tariff hike.

A digital fuel rationing program has been approved in Pakistan, with the Petroleum Division confirming that fuel supplies across the country remain stable and satisfactory.