Category: Latest News

Federal Minister for Petroleum Ali Pervaiz Malik Meets Polish Ambassador, Highlights Polish Firm’s Success in Pakistan’s Energy Sector as Model for Foreign Investment

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Federal Minister for Petroleum, Mr. Ali Pervaiz Malik, held a meeting with H.E Mr. Maciej Pisarski, Ambassador of Poland to Pakistan, today at the Ministry of Petroleum. The discussions focused on enhancing bilateral cooperation in the energy sector, particularly in oil and gas exploration and minerals. The meeting emphasized strengthening collaboration between Pakistan and Poland in energy exploration, technology transfer, and investment opportunities. Minister Malik highlighted Pakistan’s commitment to fostering international partnerships to meet its growing energy demands and highlighted the recent international interest in oil,gas and minerals reserves. Ambassador…

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Cybersecurity Incident – PPL’s Response and Current Status

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Pakistan Petroleum Limited (PPL) recently identified a cybersecurity incident involving a ransomware intrusion targeting parts of its IT infrastructure. The event was detected on August 6, 2025, and our internal cybersecurity protocols were immediately activated. Our IT and cybersecurity teams, in collaboration with external experts, took prompt and effective containment measures, including the temporary suspension of select non-critical IT services as a precaution to limit potential impact and ensure the integrity of our systems. PPL operates a multi-layered cybersecurity framework, and thanks to these systems, the threat was rapidly isolated.…

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Pakistan to Benefit from US Tariff Cut to 19%, Says Commerce Minister

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USA-Pakistan

ISLAMABAD: Commerce Minister Jam Kamal Khan told the National Assembly on Thursday that Pakistan will not incur a \$1 billion loss from the United States’ new 19% tariff, as the rate marks a reduction from the previous 29% duty on Pakistani goods. Responding to lawmakers, the minister said the lower tariff is expected to boost Pakistani exports — particularly textiles — to the US market. “This reduction will increase sales of Pakistani products and strengthen our trade position,” he noted. The announcement comes as former US President Donald Trump’s revised…

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July 2025 Ranked as Earth’s Third-Hottest on Record, EU Climate Data Shows

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BRUSSELS: July 2025 was the planet’s third-warmest July since records began, marked by extreme weather and a record national temperature in Turkiye of 50.5°C (122.9°F), according to the European Union’s Copernicus Climate Change Service (C3S). Global average surface air temperature reached 16.68°C last month — 0.45°C above the 1991–2020 average for July — and 1.25°C warmer than the 1850–1900 pre-industrial baseline. While cooler than record-breaking July 2023 and July 2024, the month continued the trend of climate extremes linked to human-induced global warming. From August 2024 to July 2025, global…

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Kohinoor Mills to Install 7.2MW Solar System, Aiming for 20% Renewable Energy Use

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LAHORE: Kohinoor Mills Limited (KML) has announced plans to install a 7.2-megawatt solar power system, reinforcing Pakistan’s industrial sector’s growing shift towards renewable energy for cost savings and sustainability. In a notice to the Pakistan Stock Exchange, the company said the project is part of its commitment to sustainable energy and operational efficiency. KML expects that by the end of the first quarter ending September 30, 2025, more than 20% of its operational energy needs will be met through renewable sources. “This will result in significant cost savings and reduce…

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