The Pakistani government has initiated a feasibility study for strategic petroleum reserves through international consultancy Wood Mackenzie, chaired by Federal Minister Ali Pervaiz Malik.

Pakistan's Petroleum Minister Ali Pervaiz Malik met with a Kuwaiti exploration company to discuss expanding long-standing energy cooperation between the two nations.

Pakistan's Petroleum Minister Ali Pervaiz Malik announced on Sunday that the country is considering purchasing cheaper Iranian oil and gas. This option has become available again after a temporary easing of sanctions.

ISLAMABAD: Road transport of petroleum crude and products to and from Attock Oil Refinery (ARL) was restored late last night with the support and intervention of Petroleum Minister Ali Pervaiz Malik…

Pakistan's Petroleum Minister Ali Pervaiz Malik announced plans to launch an oil storage scheme with Saudi Arabia, Kuwait, and Qatar. This initiative aims to strengthen Pakistan's energy security.

Pakistan's Petroleum Minister Ali Pervaiz Malik announced that daily fuel price adjustments will be introduced to curb market abuse, eliminate windfall gains, and ensure greater transparency and fair pricing for consumers.

Petroleum Minister Ali Pervaiz Malik dismissed claims of government favoritism after petrol and diesel prices were kept unchanged, stating the decision was not to burden any specific sector.

Pakistan's Finance Minister Muhammad Aurangzeb and Petroleum Minister Ali Pervaiz Malik are currently addressing a joint press conference, with Malik expressing gratitude to President Asif Zardari and provincial chief ministers.

Pakistan's Petroleum Minister, Ali Pervaiz Malik, defended the daily fuel pricing system in parliament, stating that daily revisions help curb supply manipulation. His remarks came as lawmakers questioned the mechanism and criticized rising fuel prices.

Petroleum Minister Ali Pervaiz Malik on Friday said that fuel prices would be fixed daily due to fluctuations in international market prices following renewed hostilities between Iran and the…

Pakistan's Petroleum Minister Ali Pervaiz Malik highlighted India's relative stability in absorbing oil disruptions, attributing it to the country's strategic oil and adequate forex reserves, in contrast to Pakistan's oil shock.

Oman's envoy to Pakistan, Fahad Bin Sulaiman Bin Khalaf Alkharusi, assured Petroleum Minister Ali Pervaiz Malik that Islamabad’s request for preferential energy cargoes would be "considered favourably."