Author: Admin

Petroleum Division Forms Committee to Appoint Executive Director-General

Admin
petroleum-group

KARACHI: The Petroleum Division has established a high-level committee to appoint an Executive Director-General (EDG) in a bid to enhance governance and efficiency within Pakistan’s oil and gas sector. The committee, chaired by Minister for Petroleum Division Ali Pervaiz Malik, has already initiated the interview process to fill the long-vacant EDG position, which has remained unoccupied despite its crucial role in the ministry’s operational structure. Currently, five Director-Generals (DGs) oversee key domains — including petroleum concessions, oil, and gas — focusing on exploration, refining, marketing, and policy implementation. According to…

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Petrol Prices Set to Drop by Rs6.10 per Litre from October 16

Admin
Petroleum-prices

ISLAMABAD: In a welcome development for inflation-hit consumers, petrol prices in Pakistan are expected to fall by up to Rs6.10 per litre starting October 16, according to petroleum sector sources. As per industry estimates shared with the Oil and Gas Regulatory Authority (OGRA), the price of high-speed diesel (HSD) is likely to see a modest reduction of 97 paisa per litre, while kerosene could become cheaper by Rs2.75 per litre. Meanwhile, light diesel oil (LDO) is expected to drop by Rs1.64 per litre. Officials confirmed that OGRA has finalized its…

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Nepra Registers CPPA-G as Agent for Discos, KE Amid Serious Concerns from Member (Law)

Admin
New-NEPRA

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has officially registered the Central Power Purchasing Agency–Guaranteed (CPPA-G) as the authorized agent for distribution companies (Discos) and K-Electric, a move that has drawn an alarming note from Member (Law) Amina Ahmed. According to Nepra’s notification, the registration was granted under Section 25A of the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997, empowering CPPA-G (Corporate Universal Identification No. 0068608) to manage and settle legacy power contracts on behalf of Discos and KE, in line with specific terms and…

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China Rejects Reports Linking Pakistan’s Rare-Earth Exports to U.S. as Baseless and Divisive

Admin
New-Project65

Beijing, October 15, 2025 – The Chinese Foreign Ministry has dismissed recent media reports alleging that Pakistan used Chinese technology to export rare-earth elements to the United States, calling them “groundless” and “an attempt to sow discord.” Responding to questions from the Global Times, Foreign Ministry spokesperson Lin Jian refuted claims that China imposed stricter export controls on rare-earth technologies in response to Pakistan’s alleged cooperation with the U.S. He emphasized that China and Pakistan remain all-weather strategic cooperative partners, whose “ironclad friendship has stood the test of time” and…

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World Sets Renewable Energy Records but Risks Missing 2030 Tripling Target, IRENA Warns

Admin
Solar-wind

Abu Dhabi, UAE / Brasília, Brazil, October 14, 2025 – Despite achieving record-breaking growth in renewable energy last year, the world remains off-track to meet the COP28 UAE Consensus goal of tripling renewable capacity by 2030, according to a new global progress report released by the International Renewable Energy Agency (IRENA), the COP30 Brazilian Presidency, and the Global Renewables Alliance (GRA). The report, titled Delivering on the UAE Consensus: Tracking Progress Toward Tripling Renewable Energy Capacity and Doubling Energy Efficiency by 2030, was unveiled at a pre-COP30 high-level event in…

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