Year: 2021

The government on Tuesday decided to leave the prices of petrol, kerosene, and light diesel unchanged till December 15, a notification from the Finance Division read. According to the notification, the new prices will be effective from December 1. The petrol price will remain unchanged at Rs145.82 per litre, and the price of diesel will remain Rs142.62 per litre as before. Product Existing price w.e.f 1-12-2021  Increase/(-) Decrease Petrol Rs145.82 00.00 Diesel Rs142.62  00.00 Kerosene oil  Rs116.53 00.00 Light diesel oil Rs114.07 00.00 The prices of kerosene oil and light…

Read More

To appreciate the complexities of the competing demands between climate action and the continued need for energy, consider the story of an award—one that the recipient very much did not want and, indeed, did not bother to pick up. It began when Innovex Downhole Solutions, a Texas-based company that provides technical services to the oil and gas industry, ordered 400 jackets from North Face with its corporate logo. But the iconic outdoor-clothing company refused to fulfill the order. North Face describes itself as a “politically aware” brand that will not…

Read More

Karachi, December 01, 2021: Byco Petroleum Pakistan Limited (BPPL), Pakistan’s largest oil refinery in terms of both design and installed capacity, has announced that it would change its name from Byco Petroleum to Cnergyico Pk Limited. Commenting on the occasion Mr. Amir Abbassciy, Chief Executive Officer – Cnergyico Pk Ltd, said, “The journey from Bosicor to Byco and then Cnergyico had been challenging yet exciting. Since the company’s inception, innovation has played an important role, and as a result, we have, throughout the years, evolved from an oil company to…

Read More

In Gwadar, a developing port town in southwest Pakistan, Adam Qadir Baksh had been hoping for a major leap forward in his automobile spare parts business since 2015, but it has not happened in the absence of the vital Chinese tailwind once promised. “There has been no benefit from the China-Pakistan Economic Corridor for local parts vendors and other suppliers,” Baksh said. His unhappiness goes back six years to President Xi Jinping’s visit to Pakistan and the official launch of bilateral infrastructure development projects under the Belt and Road Initiative…

Read More

The Sindh government with its aim to utilize massive solar energy potential of the province is working to unveil a policy to establish mini/micro grids to energies the off-grid villages at the most affordable cost in partnership with the private sector.Sindh government’s Secretary for the Energy Department, Abu Bakar Madani, stated this while speaking as the chief guest at the Solar Power Day seminar organized by Sungrow Pakistan.The Sindh Energy Secretary informed audience of the seminar that the provincial government had been working on a number of initiatives to tap…

Read More