Month: July 2024

Petrol Dealers to Proceed with Nationwide Strike Tomorrow Talks with Government Deadlocked; Over 13,000 Petrol Stations to Shut Down

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PPDA-Strike

Monitoring Cell Established to Manage Fuel Supply During Strike ISLAMABAD: The Pakistan Petroleum Dealers Association (PPDA) announced on Wednesday that negotiations with provincial and federal governments and other stakeholders had reached an impasse, prompting a nationwide shutdown of petrol stations starting July 5. PPDA Chairman Abdul Sami Khan stated, “They asked us to call off the strike and promised to resolve the issue, but we cannot postpone the strike on mere assurances,” during an interview with Dawn. Despite meetings with key government figures, including the finance minister, chairman of the…

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Int’l Defence exhibition and Seminar

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IDEAS 2024 is scheduled from Nov 19-22 at Expo KARACHI Sindh Chief Minister Syed Murad Ali Shah has said that IDEAS is a shared platform for global peace, stability and prosperity. It is [IDEAS] is an event that provides enhanced opportunities for commercial exchange between delegates, trade visitors, defence officials and manufacturers from within Pakistan and abroad,” he said. This he said while speaking at the 2nd Steering Committee Meeting of the 12th Edition of the International Defence Exhibition and Seminar – IDEAS 2024 here at CM House. The provincial…

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Shell Pakistan launches Pakistan’s first-ever recycled plastic retail site in Karachi

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shell

Pakistan Karachi, 03 July, 2024: Shell Pakistan Limited (SPL) launches Pakistan’s first-ever recycled plastic retail site, Malik Service Station at Shahrah-e-Faisal, Karachi. This initiative aligns with SPL’s commitment towards sustainability; and promotes circular economy and environmentally friendly practices. The organization collaborated with Dabeer Hemani and Syed Ali Naqi, cofounders of Concept Loop, and Shell Tameer alumnus to bring this vision to life. The construction of the retail site utilized approximately 6,500 kilograms, or roughly 1.3 million pieces, of end-of-life plastic waste, in plastic infused pavers and concrete blocks using multi…

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PM Shehbaz Directs Comprehensive Plan for Minority Stakes Sale in Oil and Gas Sector

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Shahbaz-Sharif

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Petroleum Division and Finance Division to prepare a comprehensive plan to sell minority stakes, including management control, in state-owned enterprises (SoEs) within the oil and gas sector to a Gulf Cooperation Council (GCC)-based strategic investor, according to sources close to the Petroleum Minister. In a meeting on June 25, the prime minister also instructed the Petroleum Division to present the strategy at the relevant forum for deliberations. The sectoral strategy, as outlined by the Petroleum Minister and Secretary Petroleum, will be transformed…

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