Jalal Sikandar made Secretary Petroleum Division
ISLAMABAD: Mohammad Jalal Sikandar Sultan, a BS 22 officer of Pakistan Administrative Service, has assumed the charge of the post of Secretary Petroleum Division...
No match to China, India
Ever wondered why some fabrics feel smooth as silk to touch while others are abrasive against one’s skin? Ever chose a dress that looks...
“Abracadabra – you, too, are now Pakistan’s best performing CEO”
As with most things in Pakistan even recognition and accolades are controversial. One can argue the more subjective of these awards are those for...
Oil prices remain unchanged, as markets remain stagnant
SINGAPORE: Oil markets were stable on Monday, hovering around Friday’s levels as a lack of conclusive market indicators prevented prices from swinging either way.
U.S....
Pakistan LNG Terminal, MD Azam Soofi reportedly sacked
ISLAMABAD: Pakistan LNG Terminal Limited (PLTL), Managing Director Azam Soofi has been reportedly dismissed from his post on December 15th, by the company’s board...
Thar coal cheapest option in the energy supply chain: FPCCI
ISLAMABAD: The Businessmen Panel of the FPCCI on Saturday said Thar coal remains cheapest option for power generation in the energy supply chain.
Commercial production...
Coal’s share to jump to 24 pc in the energy mix: FPCCI
ISLAMABAD: The Businessmen Panel of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Saturday said commercial production of electricity from Thar...
World Bank approves $300 million for modernizing agriculture in Punjab
WASHINGTON: World Bank on Friday gave approval for $300 million funding for modernizing agriculture in Punjab.
Under the Strengthening Markets for Agriculture and Rural Transformation...
Govt agrees to clearly defined roles for CCI, CCOE
ISLAMABAD: The roles of federal forums Energy, Economic Committees of the Cabinet and Council of Common Interests (CCI) will have clearly defined roles and...
D.G Khan Cement fake acquisition notification creates frenzy among investors
KARACHI: A fake notification which earlier this week made rounds on social media and Whatsapp regarding a Chinese cement company’s interest in acquiring 40 percent...
KKR to acquire Unilever’s margarine and spreads business for $8.04 billion
THE HAGUE: Unilever has agreed to sell its margarine and spreads business to U.S. private equity firm KKR for 6.83 billion euros ($8.04 billion)...
PSO’s receivables balloon to over Rs300 billion
ISLAMABAD: Pakistan State Oil’s financial woes continue as its receivables are said to have swelled over Rs300 billion.
The state-owned oil marketing giant is desperately starved...
Rupee slide allowed wholesalers to earn additional 5pc on their imports
KARACHI: As the dust settles after the pandemonium of rupee’s devaluation, wholesalers who already had paid in advance before the depreciation occurred, took advantage...
E&P companies eyeing to tap deposits of oil & gas in KP
ISLAMABAD: Oil and gas Exploration and Production (E&P) companies have intensified their drilling activities to tap recoverable reserves of around Trillion Cubic Feet (TCF)...
Pakistan’s LNG imports will keep rising, fuel demand to halve by 2020: Report
LAHORE: S&P Global Platts survey of several companies has revealed Pakistan’s rising LNG imports will contribute to fuel demand halving by 2020, the study...
