Author: Admin

SSGC’s Gas Shortage Causes Severe Inconvenience for Citizens

Admin
ssgc-ae

KARACHI: The Sui Southern Gas Company (SSGC) has made life difficult for residents, with gas supply suspended in several areas of the city for days. Residents accuse SSGC of following the footsteps of K-Electric, charging full bills while failing to provide gas. Despite paying hefty monthly bills, citizens report no gas availability in the mornings or evenings. SSGC’s spokesperson has yet to respond to public complaints. Affected residents from areas such as North Karachi, Baldia, SITE, Metroville, and PIB Colony complain of a complete lack of gas supply. In PIB…

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PSO Collaborates with Dun & Bradstreet Pakistan to Boost Supplier Risk Management

Admin
PSO-Head

KARACHI: Pakistan State Oil Company Limited (PSO) has partnered with Dun & Bradstreet Pakistan (D&B) to enhance its supplier risk management through advanced data-driven insights. This collaboration leverages D&B’s expertise to empower PSO with robust risk analytics and supplier network visibility. The partnership enables PSO to perform real-time risk assessments, conduct thorough due diligence, and monitor key business indicators. By implementing D&B’s Risk Analytics, PSO aims to proactively identify and mitigate potential risks in its supply chain, ensuring operational resilience and integrity. “Our comprehensive Risk & Data Analytics services are…

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NPGCL Board Reinstates CEO Sabeeh Uz Zaman Faruqui

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New-NPGCL

ISLAMABAD: In a move contrary to Prime Minister Shehbaz Sharif’s directives, the Northern Power Generation Company Limited (NPGCL) Board has reinstated Sabeeh Uz Zaman Faruqui as CEO to leverage his expertise amid operational challenges. On December 20, 2024, the Prime Minister had suspended the CEOs of three Generation Companies (GENCOs), including Faruqui (GENCO-III), for hindering the disposal of dead assets and delaying human resource restructuring. Despite this, the NPGCL Board, following a formal inquiry, exonerated and reinstated Faruqui on January 3, 2025. Chairman of the NPGCL Board, Tabrez Aslam Shami,…

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Russia Warns New US Energy Sanctions Will Destabilize Global Markets

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New-Russia

MOSCOW: The Kremlin has criticized the latest US sanctions targeting the Russian energy sector, warning of potential destabilization of global oil markets. Moscow vowed to take measures to mitigate the impact of the sanctions, which were announced on Friday. “These actions by the United States are an attempt to undermine our companies through non-competitive means, but we are confident in our ability to counteract them,” Kremlin spokesman Dmitry Peskov stated. Peskov cautioned that such sanctions would inevitably disrupt international energy and oil markets. “We will closely monitor the repercussions and…

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Petrol, Diesel Prices Set to Rise by Rs6 per Litre

Admin
Petrol-oil

ISLAMABAD: The prices of petroleum products, including high-speed diesel (HSD), petrol, and kerosene, are expected to increase by up to Rs6 per litre starting Wednesday, owing to a surge in international oil prices. Sources indicate that petrol prices may rise by Rs5-6 per litre, while kerosene and diesel prices are likely to increase by Rs3 and Rs2 per litre, respectively. The exact adjustment will be finalized by January 15. The upward trend follows a rebound in global oil markets, fueled by geopolitical tensions after US President-elect Donald Trump’s threats of…

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