Category: News & Announcement

February 18, 2020: Pakistan State Oil (PSO), the leading oil marketing company of the country, convened its Board of Management (BoM) meeting to review the performance of the company during the first half of the financial year 2019-20. Despite unfavourable market conditions in the industry and many challenges, PSO remained focused on regaining market share and volumetric growth and outperformed the industry by an enormous margin. In MOGAS, PSO’s volume growth over SPLY is 13.7% as compared to 3.8% of industry growth. PSO’s market share increased by 3.4% vs. SPLY. In…

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Advisor to the Prime Minister on National Health Dr Zafar Mirza on Wednesday said that the government has already completed work on National Medicine Policy aimed at reforming the pharmaceutical industry of the country which would be announced in next two weeks.  Addressing at 5th Pharma Summit organized by the Pakistan Pharmaceutical Manufacturers’ Association (PPMA) here, the Advisor said that besides the National Medicine Policy, five year action plan was also devised for its implementation.He went on to say that regulatory system was also being made predictable and easy for growing…

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The government has planned to save 3 Million Tone Equivalent of Oil (33,000 MW) by 2025 through energy efficiency and conservation. READ MORE: Pakistani Premier warns of possible refugee influx from India “We are aiming  for conservation of 3 MTOE till 2025 (33000 MW of electricity) through conservation in industry, building and transport, said Managing Director  National Energy Efficiency and Conservation Authority, Dr Sardar Mohazzam while talking to The Nation here. He said that by June this year they will set the country’s first energy efficiency tribunal to deal with the matters…

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Natural gas–the bridge fuel to our renewable future–is cleaner and cheaper than oil. If it’s the clearly green fuel and already widely used to generate power, why isn’t the whole world driving natural gas-powered cars in larger numbers? And can natural gas one day replace oil? Gas is so cheap right now that many producers are struggling to turn in a profit. Last year in the United States, gas prices actually went below zero on several occasions. There could hardly be a better time for a gas push, to use…

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UN Secretary General Antonio Guterres praised Pakistan’s efforts to achieve the Sustainable Development Goals but said we are in the battle for our lives. UN Secretary General Antonio Guterres praised Pakistan’s efforts to achieve the Sustainable Development Goals but said we are in the battle for our lives. But this is a battle that can be won, he said during a climate change conference in Islamabad. The SDPs are interlinked to end poverty and build kinds of societies that we’ll be proud to pass down to future generations, he said.…

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