Author: Admin

OGRA Develops Real-Time Petroleum Stock Monitoring System

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OGRA

# OGRA Develops Real-Time Petroleum Stock Monitoring System **ISLAMABAD:** The Oil and Gas Regulatory Authority (OGRA) is developing a digital system to obtain real-time petroleum stock and supply data directly from oil marketing companies (OMCs) and refineries, aiming to improve the accuracy, reliability and timeliness of information across the country’s fuel supply chain. According to official documents, the new platform will collect data from OMCs and refineries through their **Enterprise Resource Planning (ERP) systems**, while petroleum stock positions will be monitored through **Automatic Tank Gauging (ATG) sensors**. The digital platform…

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Trump Threatens Oman Over Iran Talks, Demands Tehran’s Surrender

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Donald-Trump

# Trump Threatens Oman Over Iran Talks, Demands Tehran’s Surrender **WASHINGTON:** US President Donald Trump has threatened military action against Oman if it obstructs a potential US-Iran agreement over the Strait of Hormuz, while demanding that Iran “put up the white flag of surrender.” Trump made the remarks in an interview with Fox News correspondent Trey Yingst, referring to ongoing talks between Oman and Iran over future arrangements for maritime navigation through the strategic waterway. “If Oman gets in the way, we’ll bomb the s*** out of them,” Trump was…

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Cnergyico Expands US Crude Imports Amid Hormuz Disruptions

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New-Cnergyico

# Cnergyico Expands US Crude Imports Amid Hormuz Disruptions **ISLAMABAD:** Pakistan’s largest refinery, Cnergyico, is increasing its purchases of US crude oil as the disruption to Middle Eastern shipping routes has exposed the country’s heavy dependence on Gulf supplies and the Strait of Hormuz. The move is also aligned with Islamabad’s efforts to increase imports from the United States to narrow its trade surplus and support negotiations over US tariffs. Cnergyico, which began importing US crude last year, is considering additional spot purchases alongside longer-term contracts with suppliers including Vitol,…

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Pakistan Moves to Set Standards for EV Lithium-Ion Batteries

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EV-Lithium

# Pakistan Moves to Set Standards for EV Lithium-Ion Batteries **ISLAMABAD:** The Ministry of Industries and Production has directed the Pakistan Standards and Quality Control Authority (PSQCA) to develop national standards for **lithium-ion batteries used in electric vehicles (EVs)** as part of efforts to strengthen the country’s emerging electric mobility and energy storage industry. The ministry is already working with relevant stakeholders to finalise the **Next Generation Energy Storage Policy 2026-2033**. Engineering Development Board (EDB) Chief Executive Hammad Mansoor is expected to present an updated draft of the policy at…

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Pakistan’s Budget Transparency Improves 50% in Two Years

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New-Project10

# Pakistan’s Budget Transparency Improves 50% in Two Years **ISLAMABAD:** Pakistan’s budget transparency has improved by 50% over the past two years, with the country’s score rising from **30 out of 100 in 2023 to 45 in 2025**, Advisor to the Finance Minister Khurram Schehzad said, citing the latest Open Budget Survey (OBS) by the International Budget Partnership (IBP). According to the OBS, Pakistan’s latest score is now equal to the **global average of 45**, placing the country ahead of several regional and international peers, including India (44), Sri Lanka…

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