Category: Highlights

OIL AND GAS REGULATORY AUTHORITY

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LPG-plant

Islamabad, July 01, 2024: The Oil and Gas Regulatory Authority (OGRA) has notified the maximum Price of LPG, effective July 01 2024, as under; 2.  The LPG price Notification for the month of July 2024 is readily available at OGRA website www.ogra.org.pk. 3. The LPG producer price is linked with Saudi Aramco-CP and US$ dollar exchange rate. As compared to previous month Saudi Aramco-CP has remained unchanged. The average Dollar exchange rate has gone up by 0.06% resulting to increase in LPG consumer price by Rs.1.43/11.8 kg cylinder (0.05%). The…

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Govt increases petrol price by Rs7.45, takes it to Rs265.61 per litre

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Petrol-price

The federal government on Sunday increased the price of petrol by Rs7.45, taking the rate to Rs265.61 per litre. The price of high-speed diesel (HSD) has been raised by Rs9.56 per litre to Rs277.45. The new prices take effect from July 1, 2024. In the previous review, the government had decreased the petrol price by R10.2 per litre and the diesel price by Rs2.33 per litre. Earlier, Business Recorder had reported that a rise of Rs 7.54 per litre for petrol and Rs 9.84 per litre for HSD was likely for the next two weeks. These…

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Faheem Haider Reappointed as Managing Director/CEO of Mari Petroleum Company Limited

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New-mari

Mari Petroleum Company Limited (MPCL) has announced the reappointment of Faheem Haider as Managing Director/CEO for another three-year term, starting August 12, 2024. This decision, confirmed by a notice to the Pakistan Stock Exchange, reflects the Board’s strong confidence in Haider’s leadership. With a wealth of experience in the global oil and gas sectors, Haider has been instrumental in guiding MPCL towards significant growth and strategic excellence. His reappointment is expected to further bolster the company’s position in the industry, driving continued success and innovation. Haider’s leadership has been pivotal…

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SNEC 2024 Recap: GoodWe shines with its market-oriented solar solutions, achieving breakthroughs in C&I storage

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New-01

At SNEC 2024, held from June 13th to 15th, GoodWe unveiled its intelligent and versatile solutions for residential, commercial and industrial (C&I), and utility-scale solar applications. A standout was a brand-new all-in-one 261kWh cabinet tailored for businesses, addressing the increasing demand for C&I energy storage. The booth also drew significant attention with its one-stop solution for residential use and high-capacity string inverters for large-scale projects, strategically designed to reduce LOCE. GoodWe’s well-established residential lineup, EcoSmart Home, was showcased in a home-like setting. This includes the new-generation on-grid inverter SDT G3…

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CM Sindh Instructs Expedited Solarization of Government Buildings

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Energy-Department

Karachi: Chief Minister Sindh, Syed Murad Ali Shah, chaired a high-level meeting regarding the Energy Department, attended by Energy Minister Syed Nasir Hussain Shah, Local Government Minister Saeed Ghani, Chief Secretary Asif Haider Shah, Principal Secretary to the CM Agha Wasif, Energy Secretary Musaddiq Khan, Finance Secretary Fayaz Jatoi, and other relevant officials. In the meeting, the Chief Minister instructed the energy minister to expedite the solarization of government institutions. He emphasized that all government offices operate during daylight hours and converting these buildings to solar power would significantly reduce…

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