Petroleum and OGDCL object MD Mari hiring

    By NewzTodays Editorial Team | August 10, 2020

    Aftab Ahmed Islamabad: The Petroleum Division and Oil and Gas Development Company Limited (OGDCL) have objected direct hiring of managing director of Mari Petroleum without following interview process. Sources told Newztodays.com that the management of Mari Petroleum has set aside the concerns of Oil and Gas Development Company Limited (Ogdcl) and Petroleum division to follow…

    Sitting Members rejected for chairman OGRA

    By NewzTodays Editorial Team | July 27, 2020

    Muhammad Afzaal Islamabad: While rejecting current members’ regulators, the selection committee has shortlisted five candidates who have questionable credentials for the post of chairman of Oil and Gas Regulatory Authority (OGRA). The Committee re-constituted by Prime Minister Imran Khan aimed at hiring Chairman OGRA has completed the exercise of interview and finalized 5 names for…

    Cabinet refuses to allow SNGPL recovery of Rs 73 billion

    By NewzTodays Editorial Team | July 27, 2020

    Aftab Ahmed Islamabad: The Cabinet members have opposed a plan of putting a burden of Rs 73 billion on account of diverting expensive RLNG by Sui Northern Gas Pipeline Limited (SNGPL) to domestic consumers in a bid to overcome the gas crisis in the winter seasons. SNGPL faced a revenue shortfall of Rs73.8 billion due…

    Audit starts probe against OGDCL

    By NewzTodays Editorial Team | July 16, 2020

    Aftab Ahmed Islamabad: Director General (DG) audit on petroleum has started a probe against managing director Oil and Gas Development Company Limited–OGDCL–for acquiring idle land in Balochistan at hefty rates. According to media reports, Oil and Gas Development Company Ltd (OGDCL) Managing Director Shahid Saleem had approved to pay a hefty amount to Nawabzada Shazain…

    Roohi Khan elected Chairperson SNGPL

    By NewzTodays Editorial Team | July 14, 2020

    Aftab Ahmed Islamabad: Baboos finally managed on Monday to get their favorite candidate elected as chairman board of directors of Sui Northern Gas Pipeline Limited (SNGPL). Advisor to Prime Minister on Petroleum Nadeem Babar had recommended the cabinet to approve the nomination of Rizwan-Ullah Khan as a possible candidate for chair of SNPGL. Cabinet approved…

    Rohi out, Rizwan in for chairman SNGPL

    By NewzTodays Editorial Team | July 12, 2020

    Aftab Ahmed Islamabad: The Cabinet has turned down a nomination of Rohi R.Khan and approved the nomination of Rizwan-Ullah Khan for possible chair of the board of Sui Northern Gas Pipeline Limited (SNGPL). Sources told Newztodays.com that advisor to Prime Minister on Petroleum Nadeem Babar did not back Roohi Khan and rather recommended Rizwan-Ullah Khan…

    Delay in offloading RLNG ship: PSO pays hefty amount of $700,000 demurrages

    By NewzTodays Editorial Team | July 7, 2020

    Aftab Ahmed Islamabad: LNG is a sweet business for LNG terminals operators, operators, power plants and even shipping companies when it comes to making money on account of capacity payments and demurrages. The consumers are on losing end. It was PSO at fault that it failed to offload the ship of RLNG that resulted in…

    ECC approves gas supply at subsidized rates to AGL and Fatima

    By NewzTodays Editorial Team | July 3, 2020

      Islamabad: The Economic Coordination Committee (ECC) also took up a proposal by the Ministry of Industries and Production. Submitted that as per the data furnished by National Fertilizer Development Centre (NFDC), the national inventory for Urea fertilizer would be below the buffer stock level of 200,000 metric tonnes in the months of December 2020…

    From Perks to Production: OGDCL Management Shifts Priorities

    By NewzTodays Editorial Team | September 16, 2025

    Islamabad: The Oil & Gas Development Company Limited (OGDCL) — Pakistan’s largest state-run oil and gas explorer, has shifted its focus on optimizing oil and gas production to address the issue of the energy crisis in Pakistan. Though the past management has been facing controversies over high perks and luxury car imports, the current management…

    Govt appoints Masood Nabi MD GHPL

    By NewzTodays Editorial Team | June 2, 2020

    Aftab Ahmed The Federal Cabinet has approved the appointment of Masood Nabi as Managing Director (MD) Government Holdings (Private) Ltd–GHPL Pakistan. Masood Nabi has vast experience in the E&P industry and government has appointed him now as MD GHPL Pakistan. Earlier, he has worked as Executive Director (ED) Oil and Gas Development Company Limited (Ogdcl)…