Day: September 18, 2025

Regulator Must Vigilantly Safeguard Petroleum Sector’s Sustainability, Says Minister Petroleum Ali Pervaiz Malik

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New-Proje

Islamabad, September 18, 2025 — Federal Minister for Petroleum, Ali Pervaiz Malik, visited the Oil and Gas Regulatory Authority (OGRA) headquarters today, where Chairman Masroor Khan and senior officials warmly welcomed him. During the visit, Minister Malik was briefed on OGRA’s mandate, regulatory duties, and recent initiatives such as refinery upgrades to Euro-V standards, LNG virtual pipelines, safety campaigns, digitization of the oil supply chain, and establishment of one-window facilitation and regional offices. He emphasized that digitization is critical to closing loopholes, boosting transparency, and enabling effective monitoring of sector…

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Pakistan, IAEA Sign Six-Year Pact to Advance Peaceful Nuclear Applications

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New-IAEA

ISLAMABAD: Pakistan and the International Atomic Energy Agency (IAEA) have signed a six-year Country Programme Framework (CPF) to expand cooperation in peaceful nuclear applications, covering food security, energy, healthcare, climate resilience, and safety. The agreement, signed in Vienna on the sidelines of the IAEA General Conference, was inked by Dr. Raja Ali Raza Anwar, Chairman of the Pakistan Atomic Energy Commission (PAEC), and Hua Liu, IAEA Deputy Director General for Technical Cooperation. The CPF (2026–2031) is Pakistan’s fifth framework with the agency and spans three IAEA technical cooperation cycles. Key…

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Panasonic Targets Breakthrough EV Battery Within Two Years

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New-Panasonic

TOKYO: Panasonic is aiming to roll out a groundbreaking higher-capacity electric vehicle (EV) battery within the next two years, in a move that could significantly boost Tesla’s vehicle range and competitiveness. The Japanese electronics giant revealed it is working on an anode-free battery technology that could raise energy density to a “world-leading level” by the end of 2027. If successful, the innovation could increase battery capacity by 25%, extending the driving range of Tesla’s Model Y by nearly 90 miles (145 km) without changing battery pack size. Alternatively, Panasonic could…

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2.9 Million Pakistanis Move Abroad in Three Years Amid Economic Strain

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New-Economy

ISLAMABAD: Nearly 2.9 million Pakistanis have left the country in the past three years in search of better livelihoods, underscoring deepening economic distress and shrinking job opportunities at home, official data revealed on Wednesday. According to the Protectorate of Emigrants, between 2022 and September 15, 2025, a total of 2,894,645 people moved abroad, collectively paying Rs2.66 billion in emigration-related fees. The departures span a wide spectrum—from highly qualified professionals such as doctors, engineers, IT experts, teachers, architects, and bankers, to skilled workers including drivers, plumbers, and welders. A growing share…

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Govt Seeks IMF Nod for Flood-Hit Consumers’ Power Relief Package

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Shabaz-IMF

ISLAMABAD: The government has approached the International Monetary Fund (IMF) to secure approval for a special electricity bill relief package for consumers in flood-affected areas, with Prime Minister Shehbaz Sharif expected to formally announce the measure in the coming days. During a briefing to the National Assembly Standing Committee on Power on Wednesday, Secretary Power Dr Fakhray Alam Irfan said the IMF requires detailed data before approving any proposal. He confirmed that a one-month waiver of electricity bills for August 2025 has already been announced, while surveys are underway to…

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