PCCI to Set Up Responsible Business Helpdesk (RBH) with GIZ CooperationSaquib Fayyaz Magoon, Acting President FPCCI Karachi: Mr. Saquib Fayyaz Magoon, Acting President FPCCI and Ms. Maria Jose Poddey, Country Director, GIZ Pakistan, have signed the MoU between FPCCI & GIZ to establish Responsible Business Helpdesk (RBH) at FPCCI in the esteemed presence of Mr. Jam Kamal Khan, Honorable Federal…
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LAHORE: Nestlé Pakistan inaugurated the Nestlé for Healthier Kids (N4HK) room at The Trust School Lahore to foster and promote nutrition awareness. The N4HK program is part of Nestlé’s global nutritional awareness initiative to ensure that children understand the value of nutrition as they grow older. So far the program has reached out to 360,000 kids, trained more than 2300…
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ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has issued a stern warning to Oil Marketing Companies (OMCs), including Pakistan State Oil (PSO), to promptly lift high-speed diesel (HSD) from local refineries or face legal consequences. In a letter addressed to PSO and other OMCs, OGRA highlighted the low HSD uplift during the first half of August 2024, which fell…
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LONDON: The UK government is facing legal action from marine conservation organization Oceana UK over its decision to issue 31 new oil and gas exploration licenses in the North Sea. Oceana argues that the government unlawfully failed to assess the potential impact on marine life when granting the licenses in May under the previous administration. While an exploration license does…
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NEW DELHI: In July, India overtook China as the largest importer of Russian oil, driven by reduced purchases from Chinese refiners who faced lower profit margins from fuel production. Russian crude accounted for a record 44% of India’s total oil imports, reaching 2.07 million barrels per day (mbpd), marking a 4.2% increase from June and a 12% rise compared to…
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ISLAMABAD: Following a recent approval to charge about Rs10.5 billion in additional fuel cost adjustments (FCA) for May and June, K-Electric (KE) is now seeking to extract another Rs6.2 billion from its consumers through a Rs3.1 per unit FCA for July. The National Electric Power Regulatory Authority (Nepra) has scheduled a public hearing for August 29 to address KE’s latest…
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