Mari Petroleum has overtaken Oil & Gas Development Company (OGDC) to become the largest company on the Pakistan Stock Exchange (PSX) by market capitalization. Mari’s market value surged to Rs984 billion ($3.5 billion), driven by a 7% year-on-year increase in hydrocarbon sales. The company’s share in the gas market rose to 29%, with a profit-after-tax of Rs77.28 billion in FY24,…
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NIMA Conference explores US-China Trade Wars, Pakistan Maritime Strategy in the Indian Ocean.
ISLAMABAD – The National Institute of Maritime Affairs (NIMA) hosted a Roundtable Conference titled US-China Maritime Competition in the Indian Ocean Region Under the Trump Administration and Options for Pakistan, aimed at providing policy recommendations to key stakeholders. Senator Mushahid Hussain Sayed graced event as Chief Guest, with Vice Admiral Khan Hasham bin Siddique delivering the keynote address. Dr. Baber…
Read MoreGold rates in Pakistan increase further
ISLAMABAD: The price of 24 karat per tola gold increased further by Rs.2,300 and was sold at Rs 282,800 on Thursday against its sale at Rs 280,500 on previous trading day, All Sindh Sarafa Jewellers Association reported. The price of 10 grams of 24 karat gold also increased by Rs.1,971 to Rs.242,455 from Rs 240,484 whereas that of 10 gram…
Read MoreMidea Hiconics Introduces HIENERGY Three-Phase All-in-One Residential Energy Storage System
Midea Hiconics has launched its cutting-edge HIENERGY Series Three-Phase All-in-One Residential Energy Storage System (RESS), addressing the rising demand for efficient and safe home energy solutions. This advanced system boasts quick and cable-free installation, ensuring ease of use for homeowners. Its modular all-in-one design offers flexible installation options, blending seamlessly with diverse home interiors. Designed with a sleek, modern aesthetic,…
Read More14th Fire Safety & Security Convention
Sindh govt extends best support to Rescue 1122, KMC to prevent fire disasters in Karachi: Nasir Hussain Shah Karachi: The Sindh government has been extending the best possible support to Rescue 1122 and KMC’s Fire Department to protect lives and properties whenever fire emergencies threaten Karachi’s high-rises and industries.Sindh Minister for Planning & Development and Energy Minister, Syed Nasir Hussain…
Read MoreOGRA DETERMINES LPG PRICE
Islamabad, November 30, 2024: The Oil and Gas Regulatory Authority (OGRA) hasnotified the maximum Price of LPG, effective December 01 2024, as under;Notified LPG Producer prices Rs. / Ton Rs / 11.8 kgCylinderDecember -2024 ( w.e.f 01-12-2024) 213,004.61 2,513.45November -2024 212,892.45 2,512.13Increase / (Decrease) 112.16 1.32Notified LPG Consumer prices Rs. / Ton Rs / 11.8 kgCylinderDecember -2024 ( w.e.f 01-12-2024)…
Read MoreNEPRA Concludes Hearing of K-Electric’s Bid Evaluation Report for 150 MW Renewable Energy Projects
Karachi, December 11, 2024: K-Electric (KE) has made remarkable progress in its journey toward renewable energy with the submission of the Bid Evaluation Report for its 150 MW solar projects at Winder and Bela, Balochistan, to NEPRA. The regulator today concluded the hearing on the subject marking a critical step towards finalization of these projects reflecting KE’s journey to transforming…
Read MorePress Release :Leading Companies Honored for Excellence in Fire Safety at 14th Fire Safety Awards 2024
Karachi, December 12, 2024: The National Forum for Environment and Health (NFEH), in collaboration with the Fire Protection Industry of Pakistan (FPIP), proudly announces the winners of the 14th Fire Safety Awards 2024, recognizing outstanding fire safety practices by leading organizations across various sectors. The prestigious ceremony will be held in Karachi and will feature Governor Sindh Kamran Khan Tessori…
Read MoreChina Nov crude oil imports up 14% to 48.52mn metric tons
SINGAPORE: China’s November crude oil imports rose 14.3% from a year earlier to 48.52 million metric tons, customs data showed on Tuesday. Oil prices rise on Chinese data China’s January-November crude oil imports were down 1.9% at 506 million metric tons, according to the General Administration of Customs data.
Read MoreUS President-elect Donald Trump has outlined sweeping plans for his first term in office, promising to implement significant changes starting January 20, 2025.
He reiterated his commitment to mass deportations of undocumented immigrants, including millions over the next four years, beginning with convicted criminals. Trump also emphasized his intent to end birthright citizenship, a move he plans to pursue through executive action. He vowed pardons for individuals convicted in the January 6 at*ack, describing their prison conditions as h@rsh. Trump also intends to…
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