Author: Admin

Refineries Get Relief as Govt Moves to Unlock \$6 Billion Investments

Admin
New-PRL

ISLAMABAD: In a significant policy intervention, newly appointed Petroleum Minister Ali Pervaiz Malik has taken decisive steps to shield Pakistan’s struggling oil refineries from further financial losses—measures that industry leaders say could unlock up to \$6 billion in long-stalled investments. The move comes as delays in implementing the Brownfield Refineries Policy 2023 had deterred foreign investors and stalled crucial plant upgrades. Malik also initiated the long-overdue implementation of the 35% third-party gas allocation facility, pending for years, to promote greater competition and transparency. Recent changes in the Finance Act 2024…

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Govt Pushes for Rapid Shift to Electric Motorcycles in Green Pakistan Drive

Admin
Electric-Motorcycles

ISLAMABAD – A high-level meeting chaired by Prime Minister’s Special Assistant Haroon Akhtar Khan on Friday emphasized the urgent need to accelerate the adoption of electric vehicle (EV) technology in Pakistan, with a key focus on converting petrol-powered motorcycles to electric. The meeting brought together senior officials, including Ministry of Industries and Production Secretary Saif Anjum, COMSATS Executive Director Nafees Zakaria, and Engineering Development Board (EDB) CEO Khuda Bakhsh Ali. The participants discussed strategies to fast-track the retrofitting of motorcycles as a means to reduce the country’s dependence on fossil…

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Petroleum Dealers Warn Proposed Bill Could Undermine Retail Sector, Empower Arbitrary Crackdowns

Admin
Petrol-price

ISLAMABAD – The All Pakistan Petroleum Dealers Association (APPDA) has raised serious concerns over the proposed Petroleum (Amendment) Act 2025, warning that while its stated goal is to curb rampant fuel smuggling, the bill in its current form could severely penalize law-abiding fuel retailers and destabilize the country’s energy supply chain. Speaking to fuel station operators on Friday, APPDA spokesperson Hassan Shah criticized the bill for granting sweeping, unchecked powers to local administrative officials such as assistant commissioners and deputy commissioners—without judicial oversight or regulatory accountability. “These provisions open the…

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HBL PSL 10 Resumes Today with Star-Studded Lineups and Tribute Show for Armed Forces

Admin
HBL-PSL

RAWALPINDI – The HBL Pakistan Super League (PSL) Season 10 resumes today after a brief pause, with a high-voltage clash between Peshawar Zalmi and Karachi Kings at the Rawalpindi Cricket Stadium. The tournament was temporarily suspended due to escalating tensions with India and a security incident near the stadium last week. To mark the resumption of the league, a special tribute show honoring the Pakistan Armed Forces will also be held today, celebrating their sacrifices and resilience amid recent international challenges. All six franchises have confirmed the return of their…

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Pakistan Embassy in Ankara Observes Youm-e-Tashakur to Commemorate Victory and Express Gratitude

Admin
New-Project22

ANKARA – The Embassy of Pakistan in Ankara organized a solemn event to observe Youm-e-Tashakur, marked by the participation of the Pakistani community in Turkey. The day was observed to express heartfelt gratitude to Allah Almighty for Pakistan’s resolute victory against Indian aggression, and to honor the Armed Forces and the resilient nation of Pakistan for their role in Operation Bunanu-um-Marsoos and Marka-e-Haq. Speaking at the occasion, Ambassador Dr. Yousaf Junaid recalled the aftermath of the Pahalgam attack in Indian Illegally Occupied Jammu and Kashmir. He emphasized that Pakistan had…

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