Gas
Govt appoints Masood Nabi MD GHPL
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…
Oil
Oil
Hascol Petroleum lays off 400 employees
Aftab Ahmed As Cash-strapped Hascol Petroleum continues to face heavy losses, it lays off 400 employees across the country. There had been hopes that its financial…
Oil
Refineries face Rs 25 billion inventory losses
Aftab Ahmed With claims of facing over Rs 25 billion inventory losses, oil refineries have requested the government to defer payment of petroleum development levy (PDL)…
Oil
Cabinet approves restructuring of Parco’s BoD
Aftab Ahmed Islamabad: The Cabinet on Tuesday approved the restructuring of the Board of Directors of Pak-Arab Refinery Limited (PARCO). Mr. Aftab Hussain (Sindh), Mr. Abdul…
Oil
Cabinet to approve appointment of PARCO’s BoDs
Aftab Ahmed Prime Minister Office has approved the nomination of six directors of the board of Pak Arab Refinery Limited (Parco), a joint venture between Pakistan…
Oil
New MD PARCO: Bios of 4 Potential candidates will make any difference in ailing refining sector?
Aftab Ahmed Islamabad: As the existing managing director (MD) Pak Arab Refinery Limited (Parco) is set to leave after enjoying for 13 years after receiving extensions…
Oil
Personal File of MD Parco mysteriously goes missing
Aftab Ahmed The personal file of Tariq Rizavi managing director, Pak Arab Refinery Limited (Parco) relating to his appointment goes missing mysteriously from Petroleum Division, causing…
Oil
Irregular appointments in PSO: Inquiry launched by NAB lands now in Petroleum Division
Aftab Ahmed Islamabad: The inquiry launched by National Accountability Bureau (NAB) against irregular appointment on key posts in State-run-OMC Monopoly—PSO, has landed now in Petroleum Division…
Gas
NAB initiates inquiry against top petroleum officials
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…
Oil
PRL to produce IMO grade fuel oil
Muhammad Afzaal Pakistan Refinery Limited (PRL) is going to become the first company to produce IMO grade fuel oil, very low sulphur (VLSFO) fuel oil to…