Aftab Ahmed The Petroleum Division has moved a summary to Prime Minister Imran Khan with a recommendation to appoint Amir Tufail as the regular new head of Sui Northern Gas Pipeline Company Limited–SNGPL. Sources told Newstodays.com that the Petroleum Division has sent a panel of three candidates and Amir Tufail had been named at top…
Aftab Ahmed The Securities and Exchange Commission of Pakistan (SECP) has flopped a plan of board of directors of National Insurance company limited (NICL) to appoint a junior officer as Chief Executive Officer (CEO). The National Insurance company limited (NICL) is a limited company with 100 percent equity of the federal government working under the…
Aftab Ahmed Islamabad: Several attempts have been made during the last 12 years but the deadlock with Etisalat still continues over pending $800 million payment from the sale of Pakistan Telecommunication Company Ltd (PTCL). Pakistan and UAE-based firm Etisalat have failed to resolve disputes due to the provision of flawed records of properties by PTCL…
Aftab Ahmed The Oil Marketing Companies (OMCs) have pocketed billions from the oil consumers on account of margins due to flawed formula based on Consumer Price Index (CPI). The formula was approved by the previous government of PML-N that had linked the margins increase with one month CPI rather than taking into account of average…
Aftab Ahmed The PTI government has finally appointed Muhammad Arif as Member Gas Oil and Gas Regulatory Authority (OGRA) after three years. Muhammad Arif has worked in Mari Petroleum Company Limited. The post of member gas fell vacant on December 22, 2016, on completion of the tenure of the former member. The post of member…
Aftab Ahmed The cabinet on Tuesday approved the National Tariff Policy aimed at removing the anomalies in the tariff structure and enhancing competitiveness through duty-free access to imported raw materials to promote investment into efficient industries. Federal Cabinet, in its meeting held on Tuesday, approved the first-ever National Tariff Policy (NTP). The Policy, developed by…
Aftab Ahmed Islamabad: The government has appointed Syed Ali Javed Hamdani as chief executive officer (CEO) of National Power Parks Management Company (Private) Limited (NPPMC). As many as 31 applications were received and Human Resource (HR) Committee had evaluated all the applications. The committee conducted preliminary interviews of the candidates in two sessions on February…
Aftab Ahmed Islamabad: As the tussle heightens between managing director and board of directors of Oil and Gas Development Company Limited (Ogdcl) over terminating Executive Director (ED) Human Resource, the company officers Association has stepped in to back the former. National Accountability Bureau (NAB) had summoned top management of Oil and Gas Development Limited (Ogdcl) earlier…
Aftab Ahmed Islamabad: PTA has confiscated grey telephone trafficking network using Zong Pakistan sims. In its continuous efforts to curtail grey telephone trafficking, Pakistan Telecommunication Authority (PTA) carried out a successful raid, in coordination with Federal Investigation Agency (FIA), in Gujranwala, says official handout of PTA released here on Friday. The raid was conducted in Satellite…
Aftab Ahmed National Accountability Bureau (NAB) has finally launched an inquiry into the appointment of a PTI worker and Ex VP Telenor as Executive Director (ED) Oil and Gas Development Company Limited (OGDCL) at the hefty package. Muhammad Shoaib Baig, Chief Human Resource Officer who had decided to join PTI, on August 24, 2014, on…