NAB initiates inquiry against top petroleum officials

    By NewzTodays Editorial Team | April 3, 2020

    Aftab Ahmed The National Accountability Bureau (NAB) has started an inquiry against the top officials in the Petroleum Division of Ministry of Energy for misusing the authority and loss to the national exchequer in different cases relating to the oil and gas exploration sector along with importing and production of gas. The NAB, an apex…

    Four in a run for permanent PPL head

    By NewzTodays Editorial Team | March 10, 2020

    Aftab Ahmed As the company is facing chaos for a long due to the absence of a regular head, four potential candidates are in a race of heading state-run oil and gas explorer Pakistan Petroleum Limited (PPL). Since 2018, there has been no permanent head of PPL. The previous government of PML-N had appointed Syed…

    ECC to de-cap Mari Petroleum dividend

    By NewzTodays Editorial Team | March 5, 2020

    Aftab Ahmed The Privatization Division on Thursday decided to move a summary to Economic Coordination Committee (ECC) to de-cap dividends of Mari Petroleum Company before offering shares to investors. In a meeting held in the Privatization Division chaired by Federal Minister for Privatization Mohammed Mian Soomro took up the matter of de-capping of dividends of…