Author: Admin

Construction Progress on Dasu Hydropower Project: 15 Key Work Fronts Advancing Steadily

Admin

September 24, 2024 – Chairman WAPDA, Engr Lt Gen Sajjad Ghani (Retd), emphasized the critical importance of the Dasu Hydropower Project in addressing Pakistan’s energy needs with clean, green, and affordable hydropower. He urged for focused efforts to ensure timely project completion during his recent visit to the construction site in Upper Kohistan, Khyber Pakhtunkhwa. The Chairman inspected key project areas, including the left and right abutments of the main dam, the underground powerhouse, the transformers cavern, and the relocated Karakoram Highway (KKH-I). He received detailed briefings on progress across…

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OGDCL Announces Financial Results for Year Ended June 30, 2024, Achieving Highest Ever Quarterly Dividend in Company’s History

Admin
ogdcl

ISLAMABAD, September 23, 2024: The Board of Directors of Oil & Gas Development Company Limited (OGDCL), in its meeting held on Monday, September 23, 2024, in Islamabad, announced the financial results for the fiscal year ended June 30, 2024.OGDCL achieved net sales revenue of Rs. 463.698 billion, with a profit after tax of Rs. 208.976 billion, translating to earnings per share (EPS) of Rs. 48.59. This strong financial performance reflects OGDCL’s commitment to operational excellence amidst a challenging economic and energy environment.The Board of Directors announced a final cash dividend…

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NATIONAL POLICY FOR THE CONSERVATION OF ENERGY SHOULD BE INITIATED. SHABBAR ZAIDI.

Admin
New-Malik

Karachi: A lively and impactful seminar with the theme ‘energy crisis: challenges and opportunities’, was held at DHA, SUFFA University, Karachi on Monday.The seminar was organized by Karachi Editors Club in collaboration with DHA, SUFFA Uinversity.Speaking on the occassion former Chairman of FBR, Shabbar Zaidi, in a impassionate speech said that it is the need of the hour that a national policy for the conservation of energy should be initiated.He said that their should be a political will to solve the energy crisis but ironically it seems that political parties…

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YanChang Petroleum Eyes Entry into Pakistan’s Energy Market

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New-Project

ISLAMABAD: Pakistan’s Federal Minister for Petroleum, Dr. Musadik Malik, visited YanChang Petroleum, a prominent Chinese energy company, during the 8th Silk Road Expo to explore potential collaboration in the energy sector. This visit emphasized the commitment of both Pakistan and China to strengthen strategic partnerships in energy exploration, innovation, and sustainable development. Dr. Malik was welcomed by YanChang Petroleum’s senior leadership, who provided insights into the company’s diverse portfolio, which includes oil and gas exploration, refining, pipeline management, and advanced chemical production. Key discussions centered on oil and gas exploration,…

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KPT&GC to Begin Power Transmission to Industries, Boosting KP’s Energy Sector

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power-sector

PESHAWAR: Khyber Pakhtunkhwa Transmission and Grid Company (KPT&GC) is set to make history by transmitting affordable electricity to industries, generated from completed projects of the Pakhtunkhwa Energy Development Organization (PEDO). This marks a significant step in the province’s energy development. Speaking during a meeting with AHI Corporation’s delegation, led by Hasan Zahiddin, Secretary Energy and Power, Nisar Ahmad Khan, emphasized the importance of the energy sector in stabilizing the economy. He highlighted that private sector investment and efficient utilization of energy resources can further bolster economic growth. The meeting, attended…

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