Category: Popular News

Sindh Chief Minister Syed Murad Ali Shah presides over a meeting of the Energy Department at CM House.

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New-Project51

KARACHI (Oct 8): Sindh Chief Minister Syed Murad Ali Shah, presiding over a high-level meeting of the Energy Department, reviewed the progress of the province’s major energy initiatives and highlighted Thar Coal’s vital role in securing Pakistan’s energy through low-cost, indigenous power generation. The meeting, held at CM House, was attended by Principal Secretary to CM Agha Wasif, Energy Secretary Mushtaq Soomro, MD Thar Coal Energy Tariq Shah, CEO Sindh Transmission & Dispatch Company (STDC) Saleem Shaikh, SLCMS representative Mushtaq Panhwar, DG Power Nand Lal, and other senior officials. During…

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Hycarbex American Energy’s JV with Pakistani Firms a Boost for Exploration Sector, says Ali Pervaiz Malik

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New-Project45

ISLAMABAD, October 01,2025 In a significant development for Pakistan’s energy landscape, a high-level meeting was held today between Mr. Ali Pervaiz Malik, the Federal Minister for Petroleum, and senior leadership from the international and local energy sector to discuss the revival of Peshawar Block. The Minister met with Mr. Pierce Onthank, Chief Executive Officer of Hycarbex-American Energy, and Mr. Faheem Haider, CEO of Mari Energies, at the Ministry of Petroleum. The executives briefed the Minister on a landmark transaction wherein Mari Energies has partnered with Hycarbex American Energy Inc, and…

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Trump secures Netanyahu’s agreement to Gaza peace proposal, but doubts remain

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WASHINGTON/CAIRO/JERUSALEM, Sept 29 (Reuters) – President Donald Trump secured Israeli Prime Minister Benjamin Netanyahu’s backing on Monday for a U.S.-sponsored Gaza peace proposal to end a nearly two-year-old war in the Palestinian enclave, but questions loomed over whether Hamas would accept the plan. Speaking at a joint White House press conference, Trump said they were “beyond very close” to an elusive peace deal but he warned the Islamist group that Israel would have full U.S. support to take whatever action it deemed necessary if the militants reject what he has offered.

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CPEC Enters Phase-II: Pakistan, China Unveil Decade-Long Roadmap as JCC Concludes in Beijing

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Payment issue with Chinese IPPs remains unresolved; focus shifts to industrialisation, ML-1, and Gwadar development ISLAMABAD: The 14th Joint Cooperation Committee (JCC) meeting of the China-Pakistan Economic Corridor (CPEC) concluded in Beijing on Friday, ushering in Phase-II of the landmark initiative with a comprehensive roadmap for the next decade. However, the long-standing issue of capacity payments to Chinese Independent Power Producers (IPPs) remained unresolved, as Islamabad sought an extension in repayment timelines. Federal Minister for Planning Ahsan Iqbal, in his closing remarks, hailed CPEC Phase-II as a “corridor of industrialisation,…

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PAC Panel Warns PSO to Clear Rs150m Dues to SWO or Face FIA/NAB Action

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ISLAMABAD: The management of Pakistan State Oil (PSO) has been given four weeks to settle a Rs150 million liability with the Staff Welfare Organization (SWO), failing which the matter will be referred to the Federal Investigation Agency (FIA) or the National Accountability Bureau (NAB) for recovery. The ultimatum came on Friday during a meeting of the Public Accounts Committee’s (PAC) sub-committee, chaired by Tariq Fazal Chaudhry, which was reviewing audit reports of the Establishment Division for fiscal years 2003-04 and 2008-09. The dispute revolves around a 14,256 sq. ft. SWO-owned…

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