StayTunedBreakingπŸ”
BusinessπŸ“ ATTOCK, PUNJAB

Attock Refinery's Primary Processing Unit Back Online

Attock Refinery Limited has confirmed that its main processing unit has resumed operations following a period of shutdown, restoring the facility's refining capacity and signalling a return to normal production output at one of Pakistan's significant petroleum refining installations.

Attock Refinery, listed on the Pakistan Stock Exchange and majority-owned by the Attock Group, processes crude oil into a range of petroleum products including motor spirit, high-speed diesel, jet fuel, and furnace oil. Any disruption to its primary unit affects both domestic fuel supply chains and the company's financial performance.

The resumption is expected to normalise the refinery's throughput and alleviate any pressure that the shutdown may have placed on local fuel supply logistics. Market participants had been monitoring the situation given the refinery's role in Pakistan's downstream petroleum sector.

The development comes at a time when Pakistan's energy sector faces persistent challenges related to refining capacity, import dependence, and the ongoing transition toward cleaner fuel standards under regulatory timelines.

#AttockRefinery#PakistanEnergy#Petroleum#OilRefining#StayTunedPK
Sources: Brecorder
Advertisement

Similar Stories

Background and related coverage on this story.

BusinessπŸ“ WASHINGTON / ISLAMABAD

IMF Approves $1.3bn for Pakistan, Warns of Middle East War Risks

The International Monetary Fund's Executive Board has approved $1.3 billion in financing for Pakistan under its ongoing reform programme, providing a critical lifeline to an economy navigating persistent fiscal pressures and an uncertain external environment. The disbursement marks a significant milestone in Pakistan's engagement with the Fund, reflecting continued compliance with agreed benchmarks on fiscal consolidation, monetary tightening, and structural reforms.

BusinessπŸ“ STRAIT OF HORMUZ

CMA CGM vessel attacked in Hormuz as US-Iran war halts shipping

A vessel operated by French shipping giant CMA CGM has been attacked in the Strait of Hormuz as the United States-Iran war triggers a near-total halt in commercial shipping through one of the world's most critical maritime chokepoints. The attack marks a significant escalation in the commercial cost of the conflict, with implications for global supply chains, energy markets, and insurance regimes.

BusinessπŸ“ GLOBAL MARKETS

Brent Oil Surges 7% on Reports of US Military Options Against Iran

Brent crude oil prices surged approximately seven percent on Thursday after reports emerged that the United States is actively considering military options to break a deadlock with Iran, sending shockwaves through global energy markets already on edge from prolonged Middle East conflict. The sharp price movement represents one of the most significant single-session spikes in crude oil in recent memory, reflecting the extreme sensitivity of energy markets to any escalation involving Iran, which sits astride the Strait of Hormuz β€” the world's most critical oil transit chokepoint.

BusinessπŸ“ GLOBAL ENERGY MARKETS

Oil Surges Past $123 on US Military Action Reports Against Iran

Global oil prices surged past $123 per barrel on Thursday following reports that the United States is actively considering military options to break a prolonged diplomatic deadlock with Iran, injecting acute geopolitical risk premium into energy markets and sending shockwaves across commodity, equity, and currency markets worldwide. The reports, which emerged from US media citing officials familiar with internal deliberations, indicated that the Biden-era diplomatic framework has effectively stalled and that the Trump administration is now evaluating a range of kinetic options.