Author: Admin

Power Firms Seek Rs1.78 Per Unit Increase in January FCA; NEPRA to Hear Case on Feb 26

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Nepra-Price

ISLAMABAD: Power distribution companies have sought an additional Rs1.78 per unit from consumers in March bills under the monthly Fuel Cost Adjustment (FCA), citing a notable rise in electricity demand and a shift towards costlier fuel sources. The request was filed by the Central Power Purchasing Agency (CPPA) with the National Electric Power Regulatory Authority (Nepra), which has scheduled a public hearing on February 26 to examine the petition. According to the CPPA, electricity consumption in January 2026 rose by 12.1 per cent compared to the same month last year…

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Qaiser Ahmed Sheikh, Faisal Karim Kundi presented 70 organisations NFEH CSR Awards

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New-Project58

Islamabad: In a powerful celebration of corporate compassion and responsible business, over 70 organisations — including eminent national companies and multinationals — were honoured at the 18th Annual CSR Awards for their extraordinary contributions to community uplift, philanthropy, charitable initiatives, sustainable business practices, and environmental protection.The awards were jointly presented by Federal Minister for Investment Qaiser Ahmed Sheikh and Khyber Pakhtunkhwa Governor Faisal Karim Kundi at a prestigious ceremony organised by the National Forum for Environment and Health, bringing together leading voices from government, business, and development sectors under one…

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Pakistan Petroleum Limited Hosts 9th Annual Exploration Conference to Drive Strategic Growth and Energy Security

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New-Project57

Islamabad: Pakistan Petroleum Limited (PPL) successfully held its 9th Annual Exploration Conference on February 16, bringing together senior management, the Exploration team, and support functions to align strategic priorities, review portfolio performance, and define future growth targets. Addressing the conference, Managing Director & CEO Mohammad Khalid Rehman commended the exploration team for their dedication, technical excellence, and collaborative efforts in advancing both local and international expansion. He underscored the importance of data-driven decision-making, cross-functional integration, and a strong focus on Quality, Health, Safety and Environment (QHSE) to generate long-term value.…

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Oil and Gas Development Company Limited, SNF Ink Landmark Deal for Water Injection at Kunnar

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Gas-OGDCL

ISLAMABAD: Oil and Gas Development Company Limited (OGDC) has signed a landmark agreement with French specialty chemicals leader SNF to deploy advanced Water Injection Systems (WIS) at the Kunnar and Pasakhi oil fields in Sindh, a project projected to generate an estimated $460 million in additional revenue. The agreement, signed at OGDC headquarters in Islamabad, was witnessed by Minister for Energy (Petroleum Division) Ali Pervaiz Malik, OGDC Managing Director/CEO Ahmed Hayat Lak, and French Ambassador Nicolas Galey. The initiative aims to enhance reservoir pressure, improve oil and gas recovery rates,…

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Govt Reassures Investors as Barrick Gold Reviews Reko Diq Project

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Reko-Diq

ISLAMABAD: Pakistan has assured foreign investors of its “capacity and capability” to secure the multibillion-dollar Reko Diq copper-gold project after Barrick Gold ordered a comprehensive review following recent militant attacks in Balochistan. Balochistan Chief Minister Sarfraz Bugti said the provincial and federal governments remain committed to safeguarding foreign investment in the strategically important mining venture. Barrick announced it would reassess all aspects of the project after coordinated attacks on January 30–31 heightened security concerns in the province. Regarded as one of the world’s largest undeveloped copper and gold deposits, Reko…

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