Author: Admin

Cnergyico Leadership Meets Petroleum Minister to Discuss Refinery Upgradation Policy

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KARACHI: Cnergyico CEO Amir Abbassciy and Vice Chairman Usama Qureshi met with Federal Minister for Petroleum Ali Pervaiz Malik, Secretary Petroleum Hamed Yaqoob Sheikh and Additional Secretary Zafar Abbas to discuss the refinery upgradation policy and key challenges confronting Pakistan’s refining sector. During the meeting, Cnergyico’s leadership highlighted issues affecting southern refineries and the broader refining industry, stressing the need for supportive policies and timely resolution of operational and regulatory challenges. The company’s representatives appreciated the Petroleum Ministry’s efforts and commitment to facilitating solutions to the issues faced by the…

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Petroleum Minister Visits PARCO, Reviews Energy Security and Supply Chain Priorities

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KARACHI: Federal Minister for Petroleum Ali Pervaiz Malik visited the Corporate Headquarters of Pak-Arab Refinery Company (PARCO), where he held discussions with the company’s senior management on Pakistan’s evolving petroleum landscape, energy security priorities and the importance of resilient energy infrastructure. The Minister was received by PARCO Managing Director Irteza Ali Qureshi and senior leadership of the company. Secretary Petroleum Hamed Yaqoob Sheikh also accompanied the Minister during the visit. The discussions focused on Pakistan’s energy security requirements and the role of reliable petroleum infrastructure in supporting economic growth and…

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Petroleum Minister Engages Business and Industry Leaders on Energy Security, Investment

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KARACHI, AUGUST 29, 2026: Federal Minister for Petroleum Ali Pervaiz Malik held separate meetings with the leadership of the Overseas Investors Chamber of Commerce and Industry (OICCI) and the management of Pakistan State Oil (PSO) in Karachi on Friday, reviewing key developments in Pakistan’s petroleum sector, energy security, investment opportunities and ongoing reforms. During his visit to OICCI, the Minister met the Chamber’s senior leadership, industry stakeholders and representatives of foreign investors. The meeting was also attended by prominent media representatives, who participated in discussions on developments, reforms and investment…

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Govt pledges energy sector modernisation

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KARACHI: Federal Minister for Petroleum Ali Pervaiz Malik on Friday visited the head office of Pakistan State Oil (PSO), where they explored a coordinated set of measures to safeguard the domestic energy market through proactive international procurement, long-term diversification of supply sources and the strengthening of strategic reserves. Secretary Petroleum Hamed Yaqoob Sheikh and Additional Secretary (Policy) Zafar Abbas accompanied the minister. The delegation was received by PSO Chief Executive Officer Jawwad Ahmed Cheema, together with members of the executive management team. “The visit reflects the government’s commitment to strengthening…

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Pakistan’s Five Refineries Set for $6 Billion Upgrade Push

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Pakistan’s five oil refineries are expected to sign agreements in early September for upgrades that are expected to unlock as much as $6 billion in investment in the country’s refining sector. Representatives of the five refineries, Pak Arab Refinery Limited (PARCO), Pakistan Refinery Limited (PRL), National Refinery Limited (NRL), Cnergyico, and Attock Refinery Limited (ARL), have met with Pakistan’s Federal Minister for Petroleum, Ali Pervaiz Malik, to discuss the so-called Refinery Upgradation Policy, local daily Business Recorder reported on Friday. Executives at all five refineries said they were prepared to sign the…

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