Dr Musadik Malik participated in the 4th annual international meeting of mining ministers at Future Minerals Forum, Riyadh

international meeting of mining ministers

January 14th, 2025 – Minister for Petroleum Dr. Musadik Malik participated in the 4th annual international meeting of mining ministers today in Riyadh with participations of representatives from 85 countries. He had diverse engagements with international mining leaders and industry experts. He also visited Pakistan Pavilion and met with key stakeholders from the minerals sector. The Future Minerals Forum (FMF)…

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“Inverex Solar Energy Powers Up Lahore with New Regional Office Inauguration”

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Lahore: Inverex Solar Energy, a leading name in Pakistan’s renewable energy sector, marked a significant milestone with the successful opening of its new regional office in Lahore. The event, held at 14-D, Block L, Gulberg III, Main Ferozepur Road, Lahore, was attended by a distinguished gathering of media, business leaders, and sports personalities. The inauguration highlights Inverex Solar Energy’s commitment…

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Faisal Spinning Mills Commissions 4.8MW Windmill in Sindh

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In a significant move toward renewable energy, Faisal Spinning Mills Limited (FASM) announced the successful commissioning of a 4.8MW windmill project in Unit-I Nooriabad, Sindh. The listed company shared the update via a notice to the Pakistan Stock Exchange (PSX) on Tuesday. “The 4.80MW windmill project has been successfully commissioned and is currently operating in the trial run phase,” stated…

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World Future Energy Summit 2025 Begins, Driving the Transition to a Sustainable Future

World-Future

Abu Dhabi, UAE – The World Future Energy Summit 2025, the region’s premier event championing clean energy and sustainability, kicks off today at the Abu Dhabi National Exhibition Centre (ADNEC). Hosted by Masdar, the three-day summit promises dynamic discussions, cutting-edge product showcases, and collaborative efforts toward global sustainability. Running until January 16 as part of Abu Dhabi Sustainability Week, the…

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SSGC’s Gas Shortage Causes Severe Inconvenience for Citizens

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KARACHI: The Sui Southern Gas Company (SSGC) has made life difficult for residents, with gas supply suspended in several areas of the city for days. Residents accuse SSGC of following the footsteps of K-Electric, charging full bills while failing to provide gas. Despite paying hefty monthly bills, citizens report no gas availability in the mornings or evenings. SSGC’s spokesperson has…

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PSO Collaborates with Dun & Bradstreet Pakistan to Boost Supplier Risk Management

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KARACHI: Pakistan State Oil Company Limited (PSO) has partnered with Dun & Bradstreet Pakistan (D&B) to enhance its supplier risk management through advanced data-driven insights. This collaboration leverages D&B’s expertise to empower PSO with robust risk analytics and supplier network visibility. The partnership enables PSO to perform real-time risk assessments, conduct thorough due diligence, and monitor key business indicators. By…

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NPGCL Board Reinstates CEO Sabeeh Uz Zaman Faruqui

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ISLAMABAD: In a move contrary to Prime Minister Shehbaz Sharif’s directives, the Northern Power Generation Company Limited (NPGCL) Board has reinstated Sabeeh Uz Zaman Faruqui as CEO to leverage his expertise amid operational challenges. On December 20, 2024, the Prime Minister had suspended the CEOs of three Generation Companies (GENCOs), including Faruqui (GENCO-III), for hindering the disposal of dead assets…

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Russia Warns New US Energy Sanctions Will Destabilize Global Markets

New-Russia

MOSCOW: The Kremlin has criticized the latest US sanctions targeting the Russian energy sector, warning of potential destabilization of global oil markets. Moscow vowed to take measures to mitigate the impact of the sanctions, which were announced on Friday. “These actions by the United States are an attempt to undermine our companies through non-competitive means, but we are confident in…

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Petrol, Diesel Prices Set to Rise by Rs6 per Litre

Petrol-oil

ISLAMABAD: The prices of petroleum products, including high-speed diesel (HSD), petrol, and kerosene, are expected to increase by up to Rs6 per litre starting Wednesday, owing to a surge in international oil prices. Sources indicate that petrol prices may rise by Rs5-6 per litre, while kerosene and diesel prices are likely to increase by Rs3 and Rs2 per litre, respectively.…

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Pakistan to finalise Champions Trophy squad ‘after Saim Ayub’s recovery’

Champions Trophy squad

LAHORE: Following the recovery of left-handed batsman Saim Ayub, who is dealing with a serious injury, Pakistan will finalise their Champions Trophy 2025 squad, Geo News reported citing sources, however an initial draft of the national team members will be forwarded to the International Cricket Council (ICC) today (Sunday). According to the protocol for ICC events, which requires participating nations to submit…

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