OGDCL, ISGS agree to collaborate for SUGS project
The Oil and Gas Development Company Limited (OGDCL) and Inter-State Gas Systems (Private) Limited (ISGS) have agreed to collaborate for the development of the Strategic Underground Gas Storage (SUGS) project to address the challenge of surplus gas management in Pakistan.
Adil Aziz
Mobilink Bank’s “Change to Sustain” program drives sustainability with PKR 2.5 Billion
Mobilink Bank, a leader in digital financial services, launched its sustainability program, “Change to Sustain,” signaling a step forward in its journey towards operational transformation and promoting environmental stewardship within the banking sector.
Editor
Governor Punjab Inaugurated Pakistan Sustainability Week Mega Event at Expo Centre Lahore
Pakistan Sustainability Week (PSW) alongside Solar Pakistan – 14th International Renewable Energy Exhibition and Electricity Pakistan – 7th International Exhibition for Energy, Storage and Power Industry organized by Fakt Exhibitions (Pvt.) Ltd. opened its doors on 27th February 2024 at Expo Centre Lahore.
Mehfooz
Global Thought Leaders Convene at Inaugural Energy Summit 2024
Leading international and local experts in the energy, power, infrastructure, risk management, and insurance sectors are set to gather for the groundbreaking Energy Summit 2024, hosted by Fidelity Insurance Brokers/Lockton in Karachi on March 5. The summit aims to promote dialogue, knowledge sharing, and networking, addressing key challenges and opportunities in the energy and insurance sector.
OGDCL earns Rs.123.296 billion profit in first half of FY 2023-24
Oil and Gas Development Company Limited (OGDCL) announced the financial results for the first half of the current fiscal year ended on December 31, 2023 (July-December), posting a profit of Rs123.296 billion.
PBF urges govt to review gas tariff hike for boosting industry
President, Pakistan Business Forum (PBF) Khawaja Mahboob ur Rehman strongly demanded of the government to reevaluate policy of continuously increasing energy prices on an immediate basis.
Gas at 2,750 Per MMBTU price hike will make industries shut down: Atif Ikram
Mr. Atif Ikram Sheikh, President FPCCI, has strongly demanded that the government reevaluate its policy of continuously increasing energy prices on an immediate basis. Particularly, the decision to increase captive gas price to Rs. 2,750/MMBtu — an increase of 223% since January 2023 — threatens the very survival of Pakistan’s industrial sectors and a complete collapse is imminent.
APTMA opposes proposed hike in gas price for export oriented units
All Pakistan Textile Mills Association (APTMA-North) Chairman Kamran Arshad has opposed the proposed increase in gas price for Export-Oriented Units (EOUs), terming it disastrous for textile industry.
Minister for Energy inaugurates Oil, Gas and Minerals Career Expo
Federal Minister for Energy, Mr. Muhammad Ali inaugurated the first-ever national level ‘Fuelling Futures Career Expo 2024’ on January 31 at Pakistan China Friendship Centre, Islamabad. The two-day Career Expo has been organised by the Ministry of Energy (Petroleum Division) in collaboration with Pakistan Petroleum Limited (PPL).
Reduced power tariff to revive economic activities: President FBATI
President Federal B Area Trade and Industries (FBATI), Syed Raza Hussain, said the decision to cut down the power tariff by 7 cents will give a little relief to industrial consumers across the country.