Industry
NAB probes against OGRA, OMCs
Aftab Ahmed Islamabad: The NAB—top anti-corruption body—has initiated a probe against one of the OMCs operating in the country under NAB Ordinance 1999 and section 3…
Oil
Gas
Cabinet approves new board PPL
Aftab Ahmed Islamabad: Cabinet has approved the nomination of directors and Shahab Rizvi as possible chair of the board of Pakistan Petroleum Limited (PPL). Earlier, the…
Gas
PPL: A rich legacy rejuvenated
News Desk Karachi: Pakistan Petroleum Limited (PPL), a frontline Exploration and Production (E&P) company for seven decades, has played a key role in providing energy for…
Oil
Inquiry Commission grills OGRA & OMCs
Aftab Ahmed Islamabad: An Inquiry Commission on Petrol Crisis has grilled the officials of OGRA team appearing before the Commission along with representatives of OMCs for…
Gas
PD proposes nomination of questionable PPL board
Aftab Ahmed Islamabad: The Petroleum Division has proposed a nomination for the board of directors Pakistan Petroleum Limited (PPL) in violation of the Companies Act. Therefore,…
Oil
OMCs pocket billions by keeping products at bonded stores
Aftab Ahmed Islamabad: The Oil marketing companies (OMCs) pocket billions from the consumers by keeping petroleum products at custom bonded stores. They are bound to store…
Gas
Cabinet to approve reconstituting PPL board
Aftab Ahmed Islamabad: The Federal Cabinet is likely to approve a 10-member new board of directors and Pakistan Petroleum Limited. The Ministry of Energy (MoE), Petroleum…
Oil
Govt to review oil prices on fortnightly basis
The Government will implement fortnightly oil pricing of Petroleum products. It is shifting of PSO’s price benchmark to Platts indexes. Aftab Ahmed Islamabad: The ECC of…
Oil
Govt set to remove cap on refineries’ dividends
Aftab Ahmed Islamabad: The government is all set to remove the cap of dividends by refineries in a new proposed oil refinery policy 2020. Under a…
Oil
A sorry tale of Parco CEO Appointment
Aftab Ahmed Islamabad: It may be shocking disclosure that a high-powered Interview committed headed by Minister for Energy Omer Ayub had picked up a candidate and…