Author: Admin

Gas & Oil Pakistan and Samba Bank Sign MOU to Expand ATM Access at Fuel Stations

Admin
Gas-Oil

Lahore, September 10, 2025 — Gas & Oil Pakistan Limited (GO) and Samba Bank Limited have formalized a partnership to provide convenient ATM services across Gas & Oil Pakistan’s nationwide network of fuel stations, reinforcing their shared commitment to financial inclusion and customer convenience.The signing ceremony was held in Samba Bank’s Gulberg Branch Lahore and attended by the senior leadership of both organizations. The Gas & Oil Pakistan delegation was led by Chief Executive Officer Mr. Khalid Riaz, while the Samba Bank team was led by President Samba Bank Mr.…

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Federal Minister Ali Pervaiz Malik Welcomes Chevron’s $30 Million Investment in Pakistan’s Oil Sector

Admin
New-Project22

ISLAMABAD, September 11, 2025 Federal Minister for Petroleum Ali Pervaiz Malik, held a meeting today with Mr. Ahmed Zahid, CEO and Country Chairman of Chevron Pakistan, at the Ministry of Petroleum. The meeting focused on Chevron’s ongoing operations and future investment plans in Pakistan. Mr. Zahid apprised the Minister that Chevron, a leading US-based multinational oil company, has recently invested $30 million to establish a state-of-the-art, fully automated lubricants blending plant in Pakistan. This strategic investment underscores the company’s long-term commitment to the country. Highlighting Chevron’s substantial market presence, the…

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Solis Marks 20 Years of Innovation and Clean Energy Leadership

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New-Project21

Ningbo, China – September 11, 2025: Ginlong (Solis) Technologies, a global leader in solar and energy storage solutions, proudly celebrated its 20th anniversary with a day of festivities that honored two decades of innovation, growth, and shared success. The celebrations began with a lively employee carnival featuring food, outdoor activities, and interactive games, fostering a warm, family-style atmosphere. In the evening, a grand gala showcased cultural performances, live entertainment, and artistic presentations, reflecting Solis’s global vision and people-centered values. “For 20 years, Solis has been committed to making solar simple…

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WAPDA to Begin RCC Works on Diamer Basha Dam in Early 2026

Admin
Basha-Dam

CHILAS, September 9: The Diamer Basha Dam Project is set to achieve another major milestone as roller-compacted concrete (RCC) works on the main dam are scheduled to commence in early 2026, following completion of RCC trials and excavation of the abutments and foundation pit later this year. Chairman WAPDA Lt Gen Muhammad Saeed (Retd) visited the project site, accompanied by DG FWO Maj Gen Abdul Sami, CEO Diamer Basha Dam Company, senior project officials, consultants, and contractors. He inspected key sites including the crushing plant, diversion tunnel, coffer dams, RCC…

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Reko Diq Project Nears Financial Closure, Poised to Unlock $74bn in Cash Flows

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Reko-Diq

ISLAMABAD: Pakistan’s long-delayed Reko Diq copper and gold project is set to achieve financial closure by the end of September or early October, in what officials describe as a landmark development for the country’s mining and investment landscape. Located in Balochistan’s Chagai district, the project is expected to generate \$74 billion in free cash flows over its 37-year life, making it a cornerstone of Pakistan’s economic strategy. The Boards of OGDCL, PPL and GHPL have approved \$715 million in project costs, raising the total to \$7.48 billion. Despite the adjustment,…

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