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		<title>Petroleum Club of Pakistan</title>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/pakistan-petroleum-imports-top-16-1m-tonnes-in-11-months/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/pakistan-petroleum-imports-top-16-1m-tonnes-in-11-months/]]></link>
			<title>Pakistan petroleum imports top 16.1m tonnes in 11 months</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 10:25:03 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/washington-cannot-secure-hormuz-by-ignoring-iran/]]></guid>
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			<title>Washington Cannot Secure Hormuz by Ignoring Iran</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 10:23:10 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/the-oil-benchmark-named-brent-is-losing-its-brent/]]></guid>
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			<title>The Oil Benchmark Named Brent Is Losing Its Brent</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 10:19:32 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/indias-russian-oil-boom-outlives-the-hormuz-shock/]]></guid>
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			<title>India’s Russian Oil Boom Outlives the Hormuz Shock</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 10:18:55 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/why-a-supply-crunch-from-iran-could-send-oil-back-below-40-a-barrel/]]></guid>
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			<title>Why a Supply Crunch From Iran Could Send Oil Back Below $40 a Barrel</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 10:17:42 +0000]]></pubDate>
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			<title>Australia’s Oil and Gas Exploration Set for Renaissance</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 10:16:26 +0000]]></pubDate>
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			<title>America Bets $50 Billion on Coal and Gas Power as Electricity Demand Soars</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 10:15:43 +0000]]></pubDate>
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					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/goldman-sachs-warns-oil-inventory-rebuild-wont-prevent-2027-supply-glut/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/goldman-sachs-warns-oil-inventory-rebuild-wont-prevent-2027-supply-glut/]]></link>
			<title>Goldman Sachs Warns Oil Inventory Rebuild Won’t Prevent 2027 Supply Glut</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 10:15:09 +0000]]></pubDate>
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					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/sk-and-kkr-form-1-3-billion-renewable-energy-platform-in-south-korea/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/sk-and-kkr-form-1-3-billion-renewable-energy-platform-in-south-korea/]]></link>
			<title>SK and KKR Form $1.3 Billion Renewable Energy Platform in South Korea</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 10:13:47 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/the-ai-revolution-needs-electricity-more-than-intelligence/]]></guid>
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			<title>The AI Revolution Needs Electricity More Than Intelligence</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 10:07:12 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/shell-offloads-50-stake-in-na-kika-platform-for-1-7-billion/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/shell-offloads-50-stake-in-na-kika-platform-for-1-7-billion/]]></link>
			<title>Shell Offloads 50% Stake in Na Kika Platform for $1.7 Billion</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 10:05:58 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/oil-prices-reflect-optimism-that-hormuz-has-yet-to-justify/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/oil-prices-reflect-optimism-that-hormuz-has-yet-to-justify/]]></link>
			<title>Oil Prices Reflect Optimism That Hormuz Has Yet to Justify</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 10:04:59 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/govt-decides-to-amend-pakistan-climate-change-act-2017/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/govt-decides-to-amend-pakistan-climate-change-act-2017/]]></link>
			<title>Govt decides to amend Pakistan Climate Change Act 2017</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 10:01:09 +0000]]></pubDate>
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			<title>Global challenges: UN official highlights Pakistan’s role</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 09:55:36 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/pakistans-greatest-security-threat-is-its-economy/]]></guid>
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			<title>Pakistan&#8217;s Greatest Security Threat Is Its Economy</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 09:52:44 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/pakistan-eyes-fully-shariah-compliant-financial-sector-from-2028/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/pakistan-eyes-fully-shariah-compliant-financial-sector-from-2028/]]></link>
			<title>Pakistan eyes fully Shariah-compliant financial sector from 2028</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 09:44:20 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/pakistan-raises-over-70-million-through-ipos-in-2026-as-capital-market-activity-picks-up/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/pakistan-raises-over-70-million-through-ipos-in-2026-as-capital-market-activity-picks-up/]]></link>
			<title>Pakistan raises over $70 million through IPOs in 2026 as capital market activity picks up</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 09:12:59 +0000]]></pubDate>
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					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/groundbreaking-of-ml-1-early-next-year-minister/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/groundbreaking-of-ml-1-early-next-year-minister/]]></link>
			<title>Groundbreaking of ML-1 early next year: minister</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 09:09:50 +0000]]></pubDate>
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					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/rs12-957trn-twice-downward-revised-tax-target-achieved/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/rs12-957trn-twice-downward-revised-tax-target-achieved/]]></link>
			<title>Rs12.957trn twice-downward revised tax target achieved</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 09:05:09 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/fbr-misses-imf-target-by-rs975b/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/fbr-misses-imf-target-by-rs975b/]]></link>
			<title>FBR misses IMF target by Rs975b</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 09:02:37 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/fbr-beats-revised-tax-target-by-rs21-billion/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/fbr-beats-revised-tax-target-by-rs21-billion/]]></link>
			<title>FBR beats revised tax target by Rs21 billion</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 09:01:08 +0000]]></pubDate>
		</item>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/asian-refiners-redirect-middle-east-crude-to-the-u-s-as-hormuz-flows-recover/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/asian-refiners-redirect-middle-east-crude-to-the-u-s-as-hormuz-flows-recover/]]></link>
			<title>Asian Refiners Redirect Middle East Crude to the U.S. as Hormuz Flows Recover</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 08:54:59 +0000]]></pubDate>
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					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/russian-refinery-disruptions-ripple-across-central-asian-fuel-markets/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/russian-refinery-disruptions-ripple-across-central-asian-fuel-markets/]]></link>
			<title>Russian Refinery Disruptions Ripple Across Central Asian Fuel Markets</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 08:53:01 +0000]]></pubDate>
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					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/ppl-secures-12-year-development-lease-for-adhi-field/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/ppl-secures-12-year-development-lease-for-adhi-field/]]></link>
			<title>PPL Secures 12-Year Development Lease for Adhi Field</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 08:50:39 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/ppl-gets-nod-for-adhi-field-development-production-lease/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/ppl-gets-nod-for-adhi-field-development-production-lease/]]></link>
			<title>PPL gets nod for Adhi Field development, production lease</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 08:27:03 +0000]]></pubDate>
		</item>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/comment-soaring-oil-profits/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/comment-soaring-oil-profits/]]></link>
			<title>Comment: Soaring oil profits</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 08:21:48 +0000]]></pubDate>
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					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/na-panel-flags-its-concern-over-non-appearance-of-ke-ceo/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/na-panel-flags-its-concern-over-non-appearance-of-ke-ceo/]]></link>
			<title>NA panel flags its concern over non-appearance of KE CEO</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 07:36:48 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/unannounced-outages-leave-lahorites-sweltering/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/unannounced-outages-leave-lahorites-sweltering/]]></link>
			<title>Unannounced outages leave Lahorites sweltering</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 07:19:55 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/nepra-likely-rs12bn-burden-as-fca-rises-82-paisa-unit/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/nepra-likely-rs12bn-burden-as-fca-rises-82-paisa-unit/]]></link>
			<title>NEPRA Likely Rs12bn Burden as FCA Rises 82 Paisa/Unit</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 07:17:47 +0000]]></pubDate>
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					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/sed-collection-procedure-for-imported-vehicles-notified/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/sed-collection-procedure-for-imported-vehicles-notified/]]></link>
			<title>SED collection procedure for imported vehicles notified</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 07:00:17 +0000]]></pubDate>
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					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/europes-solar-boom-is-masking-a-growing-strain-on-power-markets/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/europes-solar-boom-is-masking-a-growing-strain-on-power-markets/]]></link>
			<title>Europe&#8217;s solar boom is masking a growing strain on power markets</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 06:58:20 +0000]]></pubDate>
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					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/import-of-large-number-of-items-rd-rate-capped-at-20pc-by-fbr/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/import-of-large-number-of-items-rd-rate-capped-at-20pc-by-fbr/]]></link>
			<title>Import of large number of items: RD rate capped at 20pc by FBR</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 06:56:00 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/ordinance-amends-ogra-law-to-let-bureaucrats-head-entity-temporarily/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/ordinance-amends-ogra-law-to-let-bureaucrats-head-entity-temporarily/]]></link>
			<title>Ordinance amends Ogra law to let bureaucrats head entity temporarily</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 06:50:04 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/president-signs-ordinance-to-appoint-ogra-chief/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/president-signs-ordinance-to-appoint-ogra-chief/]]></link>
			<title>President signs ordinance to appoint Ogra chief</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 06:46:49 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/senate-briefed-on-alternative-sourcing-amid-turmoil/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/senate-briefed-on-alternative-sourcing-amid-turmoil/]]></link>
			<title>Senate briefed on alternative sourcing amid turmoil</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 06:45:13 +0000]]></pubDate>
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					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/pol-prices-ocac-argues-frequent-changes-hurt-investor-trust/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/pol-prices-ocac-argues-frequent-changes-hurt-investor-trust/]]></link>
			<title>POL prices: OCAC argues frequent changes hurt investor trust</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 06:42:33 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/cpps-gas-levy-case-fcc-issues-notices-to-power-regulator-other-respondents/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/cpps-gas-levy-case-fcc-issues-notices-to-power-regulator-other-respondents/]]></link>
			<title>CPPs gas levy case: FCC issues notices to power regulator, other respondents</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 06:34:31 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/how-indian-proxies-endangering-global-players/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/how-indian-proxies-endangering-global-players/]]></link>
			<title>How Indian proxies endangering global players?</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 06:31:46 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/ghani-chemicals-to-turn-ogdcl-gas-into-cng-lpg-from-2027/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/ghani-chemicals-to-turn-ogdcl-gas-into-cng-lpg-from-2027/]]></link>
			<title>Ghani Chemicals to turn OGDCL gas into CNG, LPG from 2027</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 06:24:10 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/govt-fixes-rs2000-gas-rate-for-rlng-power-plants-amid-lng-supply-crunch/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/govt-fixes-rs2000-gas-rate-for-rlng-power-plants-amid-lng-supply-crunch/]]></link>
			<title>Govt fixes Rs2,000 gas rate for RLNG power plants amid LNG supply crunch</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 06:14:10 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/pd-set-to-submit-surplus-package-reassessment-to-nepra/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/pd-set-to-submit-surplus-package-reassessment-to-nepra/]]></link>
			<title>PD set to submit ‘surplus package’ reassessment to NEPRA</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 06:07:28 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/koen-seeks-islamabads-support-as-1bn-hydropower-projects-face-uncertainty/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/koen-seeks-islamabads-support-as-1bn-hydropower-projects-face-uncertainty/]]></link>
			<title>KOEN seeks Islamabad’s support as $1bn hydropower projects face uncertainty</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 05:49:44 +0000]]></pubDate>
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					<item>
			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/power-consumers-brace-for-tariff-hike/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/power-consumers-brace-for-tariff-hike/]]></link>
			<title>Power consumers brace for tariff hike</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 05:48:57 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/govt-sets-rs2000-mmbtu-gas-rate-for-rlng-plants/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/govt-sets-rs2000-mmbtu-gas-rate-for-rlng-plants/]]></link>
			<title>Govt Sets Rs2,000/mmbtu Gas Rate for RLNG Plants</title>
			<pubDate><![CDATA[Wed, 01 Jul 2026 05:43:06 +0000]]></pubDate>
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			<guid><![CDATA[https://petroleumclub.pk/news/2026/07/01/govt-secures-eighth-lng-cargo-since-iran-crisis/]]></guid>
			<link><![CDATA[https://petroleumclub.pk/news/2026/07/01/govt-secures-eighth-lng-cargo-since-iran-crisis/]]></link>
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