Cabinet to approve reconstituting PPL board

    By NewzTodays Editorial Team | August 31, 2020

    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 Division, has proposed this panel. The Petroleum Division has proposed Shahab Rizvi, newly appointed board of director and possible chair of the Board of PPL and hailed from Sindh….

    Cabinet approves restructuring of Parco’s BoD

    By NewzTodays Editorial Team | April 28, 2020

    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 Hadi Shah (Khyber Pakhtunkhwa), and Ms. Bushra Naz Malik (Punjab/ Women representative) were approved as members of the Board of PARCO. The Cabinet also approved the nomination of director…

    Cabinet to approve appointment of PARCO’s BoDs

    By NewzTodays Editorial Team | April 27, 2020

    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 and Abu Dhabi. This is the country’s largest oil refinery which was set up with joint investment between the government of Pakistan and Abu Dhabi. This is a strategic…

    Assets’ control of PGPCL’s terminal set aside

    By NewzTodays Editorial Team | April 1, 2020

    Aftab Ahmed Islamabad: Cabinet Committee on Energy (CCOE) is set to consider two options for taking over assets of the second LNG Terminal owned by PGPC. The Lahore-based business tycoon Iqbal. Z Ahmed is a major shareholder of the second LNG terminal. Petroleum Division in a summary moved to Cabinet Committee on Energy (CCOE) scheduled…

    President Arif Alvi’s salary up by over 1000 %

    By NewzTodays Editorial Team | April 14, 2019

    Aftab Ahmed Islamabad: President Arif Alvi’s salary is up as Prime Minister Imran Khan has given go-ahead to implement over 1000 percent increase in the salary and approves supplementary grant of Rs 9.3 million for the ongoing financial year 2018-19. The government has allocated an annual salary of Rs 2.441 million for the Prime Minister…