Chinese power plant financial backers and administrators have been giving different sorts of ultimatums to the public authority of Pakistan for delivering due installments concerning limit charges, fuel charges and different working expenses.
Read MoreDay: May 1, 2023
Govt Scraps Rs80 Billion Subsidy On Gas Tariffs For Export Sector
Federal government on Sunday withdrew an Rs80 billion subsidy on natural gas for five export-oriented sectors for the ongoing fiscal year 2022-23. The public authority had been paying the sponsorship to the material, sports, careful,
Read MoreRehabilitation Work WAPDA Seeks Nod For Shutdown Of 2 Warsak Units
Water and Power Development Authority (Wapda) has sought Power Division’s nod to shutdown its two units of Warsak Hydroelectric Power Station for rehabilitation, after National Power Control Centre (NPCC),
Read MoreLatest Petrol Prices in Pakistan – 1 May 2023
The Federal Government has revised the Petrol Prices in Pakistan for the next fortnight from 1 May 2023 till 15 May 2023. According to the details, the Government has maintained the Price of Petrol, Kerosene
Read MoreDepreciating Rupee Value, Surging Inflation Affect KE’s FY23 Nine Months Financial Results
Karachi-Rupee devaluation, surging inflation, policy rate hikes, and reduction in economic activity, alongwith continuing volatility in sociopolitical and macroeconomic conditions throughout FY23 have had a trickle-down impact on multiple sectors including KE.
Read MoreOGDCL, NAVTTC Join Hands to Empower Youth Through Skills Development Programme
The Oil and Gas Development Company Limited (OGDCL), under its corporate social responsibility (CSR) programme, has partnered with the National Vocational and Technical Training Commission (NAVTTC) to provide quality skills development programmes for 400 young students living in the company’s
Read MoreEurope’s Largest Gas Producer Is Set To Nationalize Its Gas Pipelines
Norway will nationalize all of its natural gas pipelines within the next five years, the country’s oil and energy ministry said on Friday. The nationalization plan would provide Norway with greater control over its critical infrastructure.
Read MoreWill The EU Sanction Russia’s Nuclear Industry?
In February 2022, the EU forced sanctions on Russia because of the Russian attack of Ukraine. The approvals as of now included prohibitive measures (individual authorizations), monetary endorses, and visa measures.
Read MoreWestern Insurers May Inadvertedly Help To Ship Russian Crude
Western big hauler back up plans are worried that they may accidentally assist with delivery Russian raw petroleum over the $60 per barrel cost cap as buys and exchanges have become obscure since the G7 presented the cost roof toward the beginning of December 2022.
Read More