Strike At BP’s Largest European Refinery Could Deepen Diesel Crisis

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Refinery workers at BP’s biggest refinery in Europe are on a partial strike over demands for higher wages and will not cooperate in efforts to restart the Rotterdam refinery, which is currently offline. Employees at the 400,000-bpd refinery, a major supplier of diesel to northern Europe, threatened earlier this month to go on a strike if their pay rise demands…

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‘Reko Diq reference’: Country to pay $9bn if deal not inked by Dec 15, SC told

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The counsel for Barrick Gold informed the apex court that if by December 15, 2022, the agreement is not signed between Balochistan and Barrick Gold then Pakistan would have to pay over $9 billion. In 2019, the World Bank’s arbitration tribunal imposed a penalty on Pakistan for unlawful denial of mining. After a decade-long legal battle, Pakistan announced the out-of-court…

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USAID Funded Smart Electricity Meter Mobile App Launched

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The United States Agency for International Development (USAID) and Ministry of Energy, Government of Pakistan on Tuesday launched the first end-consumer mobile application for smart electricity meters at the Multan Electric Power Company (MEPCO) Headquarters in Multan LAHORE, (APP – UrduPoint / Pakistan Point News – 22nd Nov, 2022 ) :The United States Agency for International Development (USAID) and Ministry…

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Poor condition of lifts threatens lives at Petroleum House

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The building has nine floors housing all offices of Directorate General Petroleum Concession, Directorate General Oil, Directorate General Gas, Directorate General LGS, Directorate General Special Projects and Directorate General Mines and Minerals. In addition, the offices of GHPL, Pakistan LNG Limited, Inter State Gas System, Saindak Metals Limited and LMKR are also in that building. All employees working in these…

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Govt to set up oil upstream regulatory authority

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To better tackle distribution of oil and gas products across the country and tackle shortages, the federal government has drafted a bill to establish Pakistan Petroleum Upstream Regulatory Authority. Once passed, the bill help create a body to regulate oil and gas exploration companies in the all four provinces of the country apart including issuing licenses and registering them. The…

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