The Economic Coordination Committee (ECC) of the federal cabinet has approved to implement a mechanism of fortnightly reimbursement of price differential claims (PDCs) of the oil marketing companies (OMCs) and refineries in order to avert shortage of petroleum products.Federal Minister for Finance and Revenue Shaukat Tarin presided over the ECC meeting on Monday.The Ministry of Energy (Petroleum Division) submitted the…
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Pakistan International Airlines (PIA) has been granted two more operating licences by Chinese authorities for Guangzhou and Xian in addition to Beijing.PIA Country Manager Qadir Bux Sangi said on Sunday that PIA has also got approval from the Chinese authorities to operate chartered cargo flights for Kunming and Shenzhen while approval for Xinjiang is under process and hopefully, PIA will…
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China is extending cooperation with Pakistan in enhancing the use of nanotechnology in the agriculture sector, WealthPK reported on Sunday.High-efficacy agriculture will be aided by nanotechnology, which will put conventional agriculture on the path to high-quality connotative development.It can effectively support farmers’ increased output and income while also addressing issues such as abandoned farms and the negative consequences of pesticide…
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The Director General (DG) (Liquefied Natural Gas/Liquefied Petroleum Gas) of the Petroleum Division has tendered resignation from the service on account of alleged ‘non-conducive working environment.’ According to the details, DG (LNG/LPG) Nawaz Ahmad Virk submitted resignation from the service on March 7, 2022 and forwarded the copy of his resignation to the Secretary Petroleum, Secretary Establishment Division & Principal…
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OGRA, in a letter to Petroleum Division, Ministry of Energy, also suggested that international oil pricing and supply chain monitoring of petroleum products should be done on daily-basis. The oil sector regulator also called for the formation of a high-level ministerial committee to review the situation on weekly basis. According to copy of letter available with The News, due to…
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The partnership aims to recommending use of Havoline Fully Synthetic C3 SAE 5W-30 and Havoline Fully Synthetic LE C5 SAE 0W-20 for MG ZS and MG HS vehicles in Pakistan. These products would be available at MG 3S dealerships across the country, they informed. Talking on the occasion, country chairman at Chevron Ahmed Zahid Zaheer said they were pleased to…
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In a new development, the much touted and already delayed trans-nations $10bn TAPI (Turkmenistan-Afghanistan-Pakistan-India) gas line project has landed into hot waters, as Asian Development Bank (ADB) has paused all due diligence and processing activities until Taliban regime is acknowledged and legitimized by the UN and big economies of the world, a top official of Energy Ministry told while quoting…
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The deputation based postings of top officials in Hyderabad Development Authority (HDA) and its subsidiary Water and Sanitation Agency (WASA) has provoked a reaction from the local officials. The postings of the outsider officers in the HDA began soon after Muhammad Suhail took charge of the authority’s director general, replacing Ghulam Muhammad Qaimkhani, last year. A deputy director from Karachi,…
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Sindh Energy Minister Imtiaz Ahmed Shaikh will inaugurate on March 15, 2022 the 2 day-long International Conference on Solar and Wind Power as being the clean and abundantly available energy resource in the country.The 2nd international conference and expo on Solar and 5th Int’l Wind Energy Summit 2022, being organised by the Energy Update, in collaboration with Sindh Energy Department,…
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