Category: Highlights

Iranian President Ebrahim Raisi Confirmed Dead in Helicopter Crash

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Ebrahim-Raisi

TEHRAN: Iranian President Ebrahim Raisi, a prominent hardliner and potential successor to Supreme Leader Ayatollah Ali Khamenei, was confirmed dead in a helicopter crash near the Azerbaijan border, officials and state media reported on Monday. The helicopter, which crashed on Sunday, was carrying Raisi and Foreign Minister Hossein Amirabdollahian. The charred wreckage was discovered early Monday after an overnight search in blizzard conditions. “All passengers, including President Raisi and the foreign minister, perished in the crash,” a senior Iranian official told Reuters, requesting anonymity due to the sensitivity of the…

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Karachi German Consul General Assured to Prioritize Visas to Businessmen Atif Ikram Sheikh

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Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has said that the German Consul General in Karachi, H. E. Rüdiger Lotz, has apprised the business, industry and trade community from the apex platform of FPCCI that the business visas will be given priority in the visa issuance to Pakistani citizens as economic relations top the agenda. It is pertinent to note that top German diplomats visited FPCCI Head Office in Karachi to attend a high-profile, interactive session with the business community. Saquib Fayyaz Magoon, SVP FPCCI, invited the business community and…

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OGDCL ANNOUNCES PRODUCTION ENHANCEMENTAT NASHPA WELL-10 IN DISTRICT KARAK

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New-OGDCL

ISLAMABAD, May 17, 2024: Oil and Gas Development Company Limited (OGDCL) has announced a significant production enhancement at Nashpa Well-10, located in the Karak District of the Khyber Pakhtunkhwa as part of its production enhancement campaign. Through a production enhancement strategy, OGDCL has implemented rigless intervention techniques in various formations, resulting in a significant increase in hydrocarbon production. With the successful optimization, the cumulative production from the well now stands at an impressive 1870 BPD of oil and 7.02 MMSCFD of gas. The extracted gas is being efficiently injected into…

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PM Shehbaz Facilitates Historic Energy Agreement in AJK

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Shahbaz-Sharif

In a significant stride towards bolstering Pakistan’s energy infrastructure, Prime Minister Muhammad Shehbaz Sharif presided over the signing of a momentous Memorandum of Understanding (MoU) between the Governments of Pakistan and Azad Jammu and Kashmir. The agreement, inked on 16 May 2024, paves the way for the ambitious 960 MW Dudhnial Hydropower Project. The ceremony, graced by dignitaries and officials from both regions, marks a collaborative effort to harness renewable energy resources and enhance power generation capabilities. Prime Minister Shehbaz Sharif emphasized the strategic importance of such initiatives in meeting…

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Chinese Technology JI Acquires Licenses for LONGi Solar Panels and Huawei Inverters in Pakistan

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solar-panel

LAHORE – Chinese Technology JI has obtained licenses to distribute LONGi solar panels and Huawei inverters in Pakistan and Afghanistan. Operations commenced following an inauguration ceremony led by CEO Mr. JI from China. During the opening ceremony, Mr. JI highlighted the rising demand for solar panels in Pakistan. “We will provide comprehensive solar panel solutions with substantial financial backing, utilizing internationally renowned companies LONGi and Huawei,” he stated. Mr. JI emphasized that the Pakistani industry and general populace would benefit from cheaper electricity, fostering economic growth and development. General Manager…

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