Category: Recent Post

Total petroleum products sales increased 57 percent to 1.672 million tons during April 2021 against 1.068 million tons recorded during April 2020, data issued by Oil Companies Advisory Committee (OCAC) showed on Tuesday. The increase was largely on account of April 2020’s low-base because of peak lockdown restrictions implemented during the month,” Yusuf Rehman at KASB Securities said. On a monthly basis, oil marketing companies’ (OMCs) off-take picked up 13 percent supported by a sharp increase in High Speed Diesel (HSD) sales. Total Motor spirit (MS) off-take increased 13 percent…

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A Big Solar Distribution Company Diwan International Pvt Ltd launched World Biggest Solar Panel 𝗧𝗿𝗶𝗻𝗮 𝗦𝗼𝗹𝗮𝗿 𝗩𝗲𝗿𝘁𝗲𝘅 𝗦𝗲𝗿𝗶𝗲𝘀 𝟲𝟱𝟱/𝟲𝟲𝟬𝗪 and 𝗛𝗨𝗔𝗪𝗘𝗜 Solar inverter New models 𝗠𝟭/𝟮/𝟯 𝗦𝗲𝗿𝗶𝗲𝘀. Launching Ceremony was held Thrusday 29th April, 2021 at Diwan International’s Solar Showroom in Karachi. CEO Diwan International Pvt Ltd Muhammad Saleem Diwan recived Award “Strategic Platinum Partner” from Sheheryar Shakeel (Country Manager Trina Solar) for Diwan International’s best Performance. Muhammad Sarmad Wahab Ch. (Service Manager HUAWEI FusionSolar) was also present in the ceremony, he described the media and public about the features…

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The National Accountability Bureau (NAB), on Monday again failed to submit a report before the Accountability Court regarding issuance of non-bailable arrest warrants of the co-accused staying abroad in the Liquefied Natural Gas (LNG) corruption case. The Accountability Court-II judge, Muhammad Azam Khan, while hearing the LNG case against against the former Prime Minister, Shahid Khaqan Abbasi, and others, adjourned hearing of the case till May 20 following the request of the Nation Accountability Bureau (NAB) prosecutor Usman Masood Mirza, to grant them time for submission of the report regarding…

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When we think of EVs, we think of the future of the transportation system of the world. It is cool, and everyone wants it. However, when anyone sits around and analyses the feasibility of buying an Electric Vehicle (EV) in Pakistan, things are more complicated than they seem from the marketing videos. The incumbent government has been very vocal about climate change and thus has been very proactive towards inculcating electric vehicles in Pakistan’s transport system. In August last year, Pakistan unveiled a plan to boost the share of electric…

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Reduction in Petroleum Development Levy (PDL) and General Sales Tax (GST) on imported Liquefied Petroleum Gas (LPG) has resulted into massive inflow of LPG to the country through port and Taftan border without any check in quality and quantity. These revelations have been made by incumbent Managing Director (MD) of Oil and Gas Development Company Limited (OGDCL) in a letter to Secretary Petroleum Division titled as “Problems being faced by OGDCL and other domestic LPG Producers due to subsidized LPG imports”. Highlighting the problems being faced by OGDCL and other…

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