Author: Admin

Govt Raises Petrol Price by Rs5.36, Diesel by Rs11.37 Amid Revenue Push

Admin
Petrol-Price

ISLAMABAD: The federal government has increased the price of petrol by Rs5.36 per litre and high-speed diesel (HSD) by Rs11.37 per litre for the upcoming fortnight, taking the new prices to Rs272.15 for petrol and Rs284.35 for HSD. The Finance Division, in a press release issued Tuesday, said the hike was based on recommendations from the Oil and Gas Regulatory Authority (Ogra) and other relevant ministries. Prices of kerosene and light diesel oil remain unchanged. Petrol, widely used by motorcycles, rickshaws, and private vehicles, directly affects household budgets, especially those…

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Govt hikes petrol price by Rs5.36, high-speed diesel by Rs11.37

Admin
Petroleum-prices

The federal government on Tuesday hiked the price of petrol by Rs5.36 per litre and that of high-speed diesel (HSD) by Rs11.37 for the next fortnight. A press release from the Finance Division said the revised prices were based on recommendations by Ogra and concerned ministries. The new petrol price is Rs272.15 per litre and Rs284.35 for HSD. The press release did not mention any changes in the prices of kerosene and light diesel oil. According to informed sources, the ex-depot price of petrol was projected to rise by about two…

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Mohammad Aamir Khan Appointed Acting MD of ISGS as Bajwa’s Term Ends

Admin
Oil-and-Gas

ISLAMABAD, July 2025 — Following the expiration of Nadeem Bajwa’s contract as Managing Director of Inter-State Gas Systems (ISGS) on June 30, the company’s Board of Directors has appointed Mohammad Aamir Khan, currently serving as Chief Financial Officer (CFO), as the Acting Managing Director under an interim arrangement. “Yes, I have received charge from Nadeem Bajwa as Acting Managing Director, as the process for appointing a regular MD is in its final stages,” Aamir confirmed to The News. Established in 1996, ISGS is a wholly owned subsidiary of Government Holdings…

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Reko Diq Project to Deliver Multi-Generational Impact for Balochistan, Says Barrick CEO

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Reko-Diq

QUETTA, July 2025 — The Reko Diq copper-gold project is more than a major mining initiative — it represents a multi-generational opportunity for sustainable economic and social uplift in Balochistan, said Mark Bristow, CEO of Barrick Gold Corporation, during his visit to Humai village, the closest community to the project site in District Chagai. Speaking with local residents, Bristow reaffirmed the Reko Diq Mining Company’s (RDMC) commitment to empowering the people of Balochistan through long-term investments in employment, education, and healthcare. “We’re not only creating direct jobs at RDMC, but…

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