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Day: February 10, 2023

Engineer Dr Rana Abdul Jabbar Khan Assumes Charge Of MD NTDC

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ISLAMABAD: Engineer Dr Rana Abdul Jabbar Khan on Thursday assumed the charge of Managing Director of National Transmission and Despatch Company (NTDC). The federal government has appointed Engr. Dr. Rana Abdul Jabbar Khan as Managing Director of NTDC. In this regard, the Federal Cabinet approved the summary submitted by the Ministry of Energy (Power Division), said a press release. A formal notification for the appointment of Engr.…

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OGRA calls for action against hoarders of petrol, diesel in Punjab

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ogra gas

The Oil and Gas Regulatory Authority (OGRA) asked the Chief Secretary (Punjab) to take action against warehouses illegally storing petroleum products in the province, it has been reported. In a letter, OGRA said it has identified illegal storage of petrol and diesel which might be used to dump or store POL products for inventory gains. “It is requested that immediate…

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Would Pakistan’s long-term power purchase agreements become roadblocks to its solar energy revolution?

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electric

A recent public hearing held by the National Electric Power Regulatory Authority (NEPRA) on a proposed 600 MW solar power plant in Muzaffargarh has brought to light a host of concerns on the right incentives needed to promote an expedient uptake of solar power in Pakistan. This is the first large-scale 600 megawatt (MW) solar project offered under the new…

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OGDCL, IBA launch scholarship programme

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ogdcl

The Oil and Gas Development Company (OGDCL) has announced the launch of its National Talent Hunt Scholarship Programme Batch-2023 in collaboration with the Institute of Business Administration (IBA) Karachi for deserving but talented students from OGDCL’s operational areas. Under the OGDCL-IBA Talent Hunt Programme selected students will get two months’ training in orientation programme at the IBA, Karachi. The programme…

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No shortage of petrol, govt to take action against hoarders: Musadik Malik

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State Minister for Energy (Petroleum Division) Musadik Malik on Thursday reiterated that there is no shortage of petroleum products in the country, and the government will strictly deal with those hoarding petrol and diesel. Addressing media persons amid a reported shortage of petroleum products in Punjab, the minister said that since Wednesday over 900 inspections were carried out in various…

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Britain’s biggest gas supplier accused of ‘profiteering’ from energy crisis

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Britain’s biggest gas supplier, the Norwegian state-owned oil company Equinor, has been accused of “profiteering” from the energy crisis and higher household bills after posting record annual earnings of £62bn. The oil and gas producer said on Wednesday that adjusted profits hit $15.1bn (£12.5bn) in the final three months of last year, bringing total annual profits to $74.9bn, the highest…

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BP Declares Force Majeure On Azeri Crude Loadings From Turkey’s Ceyhan Port

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BP Azerbaijan is the operator of the sections of the Baku-Tblisi-Ceyhan (BTC) pipeline in Azerbaijan and Georgia. BP-operated assets in Azerbaijan include the Azeri-Chirag-Gunashli (ACG) oilfield, the massive Shah Deniz gas field, the Baku-Tbilisi-Ceyhan (BTC) pipeline, and South Caucasus Pipeline (SCP). Ceyhan is the key export outlet for Azerbaijan’s oil and ships out around 650,000 barrels per day (bpd) of…

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ADB supports Sindh govt to add fleet of Electric busses to People Bus service Karachi

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he Sindh government and the Asian development bank (ADB) have agreed to collaborate to procure another fleet of Electrical Vehicles to include them in the Peoples Bus Service already operating in Karachi.This emerged in a meeting between Sindh Chief Minister Syed Murad Ali Shah and the ADB delegation led by its Country Director Mr. Yong Ye. The other delegation members…

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