Islamabad-Pakistan Refinery Limited (PRL) has become the first one to sign agreement with Oil and Gas Regulatory Authority (OGRA) and under Brownfield Refinery Policy, while other have refused to go ahead with a plan owing to differences over draft of agreement.In a landmark development aligning with Pakistan’s refining policy, the Oil and Gas Regulatory Authority (OGRA) and Pakistan Refinery Limited…
Read More
Built in a single phase, it generates enough electricity to power almost 200,000 homes, displacing 2.4 million tonnes of carbon emissions every year Published: Thu 16 Nov 2023, 10:33 PM Last updated: Thu 16 Nov 2023, 10:34 PM The world’s largest single-site solar power plant has been inaugurated in Abu Dhabi ahead of the UAE hosting COP28. Located 35km from the city,…
Read More
Caretaker Finance Minister Dr Shamshad Akhtar has said that the government is taking restructuring measures in the Federal Board of Revenue (FBR) to ‘remove the apparent conflict of interest in tax collection’ as well to enhance the taxmen’s performance. “We have developed an action plan for restructuring Pakistan’s tax administration,” Akhtar said while speaking virtually at The Future Summit organised…
Read More
Karachi, November 16, 2023: THE FUTURE SUMMIT (TFS) 7th Edition concluded on its second day, with yet another impressive lineup punctuated with thought-provoking conversations and engaging dialogues.Under the theme THE BIG PICTURE, the 7th Edition of TFS was jointly hosted by Nutshell Group and HBL, powered by Unity Foods Limited, in strategic partnership with the Overseas Investors Chamber of Commerce…
Read More
Islamabad, [16 Nov] – In a landmark development aligning with Pakistan’s refining policy, the Oil and Gas Regulatory Authority (OGRA) and Pakistan Refinery Limited (PRL) have officially inked a pivotal upgrade agreement today. Following extensive deliberations, consultations, and a series of meetings with key stakeholders, the agreement marks a significant milestone for the energy sector. “After a marathon of meetings,…
Read More
Karachi – The Sindh government will fully support the development of new clean energy projects to harness the vast solar and wind power generation potential of the province under the mode of public-private partnership (PPP).Sindh government’s Energy Secretary, Rehan Iqbal Baloch, stated this while speaking as the chief guest at a seminar on “Role of public-private partnerships in promoting renewable…
Read More
Lahore, Pakistan – In a dazzling celebration that captured the essence of innovation and sustainable development, Longi’s Distributed Middle East-Africa Regional Office-Central Asia Representative Office in Lahore, Pakistan, celebrated its grand reopening on November 12, 2023. The event garnered widespread media attention, showcasing the company’s commitment to advancing the clean energy sector in the region. The ribbon-cutting ceremony, attended by…
Read More
KARACHI: Industrialists, researchers, academia, and civil society activists came together at the “Champions of Change: A Dialogue with the Private Sector” conference in Karachi on Wednesday, urging corporations to prioritise transparency and accountability in their commitment to achieving net-zero emissions. The discussions centered on the severe impacts of emissions on Pakistan’s health, lives, and environment. The conference paved the way…
Read More
KARACHI: Bin Qasim Association of Trade and Industry (BQATI) has protested against the massive hike in industrial gas tariffs. In a general body meeting held at the BQATI Secretariat here the other day, the association decided that, in addition to demonstrations, no export days would be observed unless the government pays serious attention to Karachi’s industries and reconsiders the decision…
Read More
Exempts LPG firm from procurement rules to avert gas crisis in winter ISLAMABAD: Despite facing criticism last year, the government is once again relying on liquefied petroleum gas (LPG) imports to address the emerging gas crisis. It has permitted a subsidiary of Sui Southern Gas Company (SSGC) to bring gas without inviting bids. Last year, the Pakistan Democratic Movement (PDM)…
Read More
