ISLAMABAD, July 02, 2024: Oil and Gas Development Company Limited (OGDCL) has partnered with the National Commission on the Status of Women (NCSW) to empower women and foster their growth within the company.Mr. Ahmed Hayat Lak, MD/CEO of OGDCL, and Ms. Nilofar Bakhtiar, Chairperson of NCSW, on Tuesday, signed a Letter of Intent (LoI) to formalize this collaboration. The LoI…
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Government Denies Gas Consumers Tariff Relief
OGRA Notifies New Tariff of Rs3,000 per MMBTU, Up from Rs2,750 ISLAMABAD: Gas consumers across Pakistan will not receive any tariff relief in the new fiscal year as the Pakistan Muslim League-Nawaz (PML-N) government declined to implement a cut proposed by the Oil and Gas Regulatory Authority (OGRA). Instead, OGRA announced an increase in liquefied petroleum gas (LPG) prices from…
Read MoreOIL AND GAS REGULATORY AUTHORITY
Islamabad, July 01, 2024: The Oil and Gas Regulatory Authority (OGRA) has notified the maximum Price of LPG, effective July 01 2024, as under; 2. The LPG price Notification for the month of July 2024 is readily available at OGRA website www.ogra.org.pk. 3. The LPG producer price is linked with Saudi Aramco-CP and US$ dollar exchange rate. As compared to…
Read MoreGovt increases petrol price by Rs7.45, takes it to Rs265.61 per litre
The federal government on Sunday increased the price of petrol by Rs7.45, taking the rate to Rs265.61 per litre. The price of high-speed diesel (HSD) has been raised by Rs9.56 per litre to Rs277.45. The new prices take effect from July 1, 2024. In the previous review, the government had decreased the petrol price by R10.2 per litre and the diesel price…
Read MoreFaheem Haider Reappointed as Managing Director/CEO of Mari Petroleum Company Limited
Mari Petroleum Company Limited (MPCL) has announced the reappointment of Faheem Haider as Managing Director/CEO for another three-year term, starting August 12, 2024. This decision, confirmed by a notice to the Pakistan Stock Exchange, reflects the Board’s strong confidence in Haider’s leadership. With a wealth of experience in the global oil and gas sectors, Haider has been instrumental in guiding…
Read MoreSNEC 2024 Recap: GoodWe shines with its market-oriented solar solutions, achieving breakthroughs in C&I storage
At SNEC 2024, held from June 13th to 15th, GoodWe unveiled its intelligent and versatile solutions for residential, commercial and industrial (C&I), and utility-scale solar applications. A standout was a brand-new all-in-one 261kWh cabinet tailored for businesses, addressing the increasing demand for C&I energy storage. The booth also drew significant attention with its one-stop solution for residential use and high-capacity…
Read MoreCM Sindh Instructs Expedited Solarization of Government Buildings
Karachi: Chief Minister Sindh, Syed Murad Ali Shah, chaired a high-level meeting regarding the Energy Department, attended by Energy Minister Syed Nasir Hussain Shah, Local Government Minister Saeed Ghani, Chief Secretary Asif Haider Shah, Principal Secretary to the CM Agha Wasif, Energy Secretary Musaddiq Khan, Finance Secretary Fayaz Jatoi, and other relevant officials. In the meeting, the Chief Minister instructed…
Read More26th June 2024Federal Budget Should Incorporate IT Industry ProposalsAtif Ikram Sheikh
Atif Ikram Sheikh added that FPCCI emphasizes, despite repeated assurances from the incumbent government, the budgetary proposals from the IT industry have been completely ignored.
Read MoreGrowatt Unveils Comprehensive Solar and Energy Storage Solutions for Diverse Applications at Intersolar Europe 2024
Growatt, a global leader in distributed energy solutions, showcased its latest extensive offerings at Intersolar Europe 2024, held from June 19th to 21st in Munich. The company’s exhibit prominently featured innovative products designed to meet the growing global demand for energy storage, alongside cutting-edge solutions for solar PV systems, EV charging, portable power stations, and smart energy management. “With the…
Read MorePetrol, diesel prices likely to rise by Rs8 for next fortnight
Informed sources said the prices of petrol and HSD had increased in the international market by about $4.4 and $5.5 per barrel, respectively, in the last fortnight
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