Pakistan to take up Iranian oil smuggling with President Iran
ISLAMABAD – The Oil smuggling from Iran continues unabated and is now available in all nooks and corners of Pakistan forcing the refineries to drastically reduce their production. Attock Refinery on Monday forced to shutdown it’s main…
COAS is set to host an Iftar on April 7
Chief of Army Staff (COAS) General Asim Munir is set to host an iftar on April 7 in Rawalpindi for the national team amidst Pakistani cricket team’s training at the fitness camp in Kakul, Pakistani team is part of a fitness camp in Abbottabad, where they…
PIA moves forward with privatization plans
The Board of Directors of Pakistan International Airlines Corporation Limited (PIACL) has taken a significant step towards the privatization of the national carrier by approving a Scheme of Arrangement (SOA) in its 83rd meeting held in Islamabad. This…
OGRA HOLDS PUBLIC HEARING AT LAHORE ON SNGPL ERR FY 24-25
The Oil and Gas Regulatory Authority (OGRA) is conducting a public hearing at Lahore on March 25, 2024 on the petition of Sui Northern Gas Pipelines Limited (SNGPL) for Determination of its Estimated Revenue Requirements / prescribed prices for FY…
SECP’s meeting-cum-webinar on Risk Based Capital Regime for Insurance Sector
ISLAMABAD, March 21: The Securities and Exchange Commission of Pakistan (SECP) held a session for the insurance industry participants to provide an overview of the Risk Based Capital (RBC) Regime and walk-through of the recently disseminated RBC…
Finance Minister applies for resumption of Pakistani citizenship
ISLAMABAD : The Federal Government has resumed Pakistani citizenship of newly appointed Finance Minister Muhammad Aurangzeb who is now poised to elect Senator on technocrat seat from Punjab.On March 11, 2024, the Federal Cabinet was informed that…
OGRA notifies tariff raise for RLNG upto 2.58 per mmbtu
ISLAMABAD – Oil and Gas Regulatory Authority (OGRA) on Wednesday raise the monthly tariff of imported RLNG upto 2.58 per mmbtu for both gas companies- Sui Northern Gas Pipeline Limited (SNGPL) and Sui Southern Gas Company (SSGC) with effect from March 1,…
Board Meeting for Agenda Other than Financial Results
ISLAMABAD – The meeting of the Board of Directors of Habib Bank Limited is scheduled to be held on March 27, 2024 at 12 pm at Karachi via web-link to consider the agenda other than financial results. As required under Clause 5.6.4 of PSX Regulations, the…
Plan to settle PSO payables of PIA
ISLAMABAD: Privatisation Commission is said to have agreed with a plan submitted by Pakistan State Oil (PSO) on settlement of payables of Pakistan International Airlines (PIA). According to the plan, a clean asset transfer, in the form of…
SNGPL\ PSO to recover Rs 193 billion from power sector to avert international default
ISLAMABAD: Directorate General of Gas (Petroleum Division) has sought Power Division’s help for recovery of Rs 193 billion from WAPDA, IPPs and GPPs to avert international default of Pakistan State Oil (PSO) and Sui Northern Gas Pipeline Limited (SNGPL).…
