Category: Highlights

Prime Minister Imran Khan has appointed Azam Jamil as his Special Assistant for Tourism Coordination. With an illustrious career in the hospitality and tourism industry starting with Intercontinental Hotels in the mid-seventies and spanning well over four decades, Azam has been responsible for spearheading some of the key projects and institutions that shape Pakistan’s tourism industry in the present day. Educated at the Aitchison College and Burn Hall, he went on to gain higher degree at the University of Karachi and was ultimately sent to Cornell University by Intercontinental Hotels.…

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Haque Nawaz has joined the Board of Directors of Gas & Oil Pakistan Ltd. He holds master’s degrees in Business Administration and Organic Chemistry. Mr Nawaz is a director at the board of Bank of Azad Jammu & Kashmir since June 2021 and has previously worked as the acting Auditor General of Pakistan. He also served as Joint Secretary as well as Additional Finance Secretary in the Finance Division. Mr. Nawaz has also been associated with the Pakistan Military Accounts Department and the Ministry of Foreign Affairs as Deputy Chief…

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The Cabinet Committee on Energy (CCoE) has directed the Petroleum Division (PD) to submit a formal summary to the Economic Coordination Committee (ECC) of the Cabinet for resolution of a dispute on Jamshoro Joint Venture Limited (JJVL) LPG plant, official sources told Business Recorder. On December 23, 2021, Deputy Chairman, Planning Commission informed the CCoE that Prime Minister while chairing a meeting on LNG Terminal + Virtual LNG Pipeline held on November 15, 2021, directed the Deputy Chairman, Planning Commission to look into the issue of JJVL LPG and submit…

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Being the largest marketing company, Pakistan State Oil (PSX: PSO) has the largest market share I the OMC sector involved in the marketing and distribution of motor gasoline (Mogas), high speed diesel (HSD), furnace oil (FO), jet fuel (JP-1), kerosene, CNG, LPG, petrochemicals and lubricants. It also imports products like Mogas, HSD JP-1 and furnace oil based on the demand. It has the largest distribution network in the country. Government of Pakistan holds the highest shareholding making up 22.47 percent shares of PSO, according to the latest pattern of shareholding;…

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Chinese authorities have asked that state companies reduce their energy consumption and carbon dioxide emissions by 2025 compared to 2020 levels as part of China’s plan to have its CO2 emissions peak before the end of this decade. State-controlled firms in China must slash their energy consumption per 10,000 yuan ($1,570) of output value by 2025 to 15 percent below the levels seen in 2020, Reuters quoted the State Assets Supervision and Administration Commission (SASAC) as saying in a statement on Thursday. Carbon dioxide emissions at state-held firms per 10,000 yuan of…

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