Month: May 2024

Gandapur, Centre to ‘jointly address’ K-P power woes

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KP-power

ISLAMABAD: Khyber-Pakhtunkhwa Chief Minister Ali Amin Gandapur on Sunday met with Interior Minister Mohsin Naqvi and Federal Energy Minister Awais Ahmad Khan Leghari wherein they agreed to jointly address the various issues being faced by the province including prolonged power outages. According to a statement issued by the interior ministry, they exchanged views on the prevailing situation in K-P. It added that important progress was made on electricity load shedding and other issues. The participants of the meeting decided to meet again on Monday (today). The K-P CM is in…

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Positive signs indicate Pakistan’s economic turnaround, says Musadik Malik

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Musadik-Malik

Minister for Petroleum Musadik Malik on Sunday said that according to both internal and external economic indicators, the country’s “economy is heading in the right direction”. In an interview with Geo News programme Naya Pakistan with Shehzad Iqbal, he said that friendly nations and international economic institutions such as the IMF and World Bank have provided positive signals about Pakistan’s economic trajectory. He added that internal economic indicators also reflected this optimism, with the stock market breaking records. “This not only indicates restored external confidence, but also an improvement in…

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PPL Signs Joint Venture Agreement with FWO in Mining Sector

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mining-sector

Pakistan Petroleum Limited (PPL) has signed a Joint Venture Agreement with Degan Exploration Works (DEW), a wholly owned subsidiary of Frontier Works Organization (FWO), to explore and develop mineral resources in the EL-207 Block located in District Chagai, Balochistan. This initiative is a key component of PPL’s strategy to diversify into the mining sector and strengthen its presence in Balochistan.

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Oil and Gas Conference Pakistan (OGCP-2024) Set for May 29th

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Oil-Gas

Islamabad: The highly anticipated Oil and Gas Conference Pakistan (OGCP-2024) is set to take place on May 29th at the Serena Hotel in Islamabad. The event, organized by Energy Update in collaboration with Ministry of Energy (Petroleum Division) and Oil and Gas Regulatory Authority (OGRA) promises to be a landmark gathering for Pakistan’s energy sector. Mr. M. Naeem Qureshi, Chairman of the Organizing Committee, provided a detailed briefing on the event, emphasizing its significance in shaping the future of the industry. Keynote speakers, panelists, and distinguished guests at OGCEP-2024 will…

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KE to Restore Power Supply to Defaulters Using Up to 200 Units

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New-KE

Sindh Energy Minister Syed Nasir Hussain Shah announced on Friday that K-Electric (KE) has agreed to restore electricity supply to consumers using up to 200 units, overlooking their old dues and charging them based on new bills. This decision aims to provide relief to underprivileged consumers. Shah and Sindh lawmakers held a meeting with KE officials to discuss this initiative. The energy minister appreciated the power utility’s efforts and expressed hope that KE would improve its reputation through consumer-friendly measures. He emphasized the importance of timely bill payments by consumers.…

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