Category: Shortcode

The Oil and Gas Regulatory Authority (Ogra) on Tuesday released details of activities undertaken by the authority’s oil enforcement team to promote a healthy environment. The team held a meeting on Safety Awareness Campaign-Mission. Regarding safe usage of heaters on gas, LPG, and LPG cylinders, a safety awareness walk was conducted at Murree jointly with the SNGPL and local administration. Chief Secretary of Khyber Pakhtunkhwa was requested to advise district authorities including the deputy and assistant commissioners to take stern action on the sale of plastic bags being used for…

Read More

The circular debt of Pakistan State Oil (PSO) has crossed the historic limit and the risk of default of PSO’s Letter of Credit (LC) for importing oil has arisen. According to the details, PSO s circular debt has reached Rs613 billion while gas and power companies have been defaulters of billions of rupees to PSO. PSO owes Rs388 billion to Sui Northern Gas Pipelines (SNGPL), the state-run thermal power plant has to pay more than Rs146 billion to PSO while PSO also owes Rs30 billion to HUBCO and KEPKO. According to…

Read More

Pakistan’s government has ordered all malls and markets to close in the evenings as part of a new energy conservation plan Pakistan’s government has ordered all malls and markets to close by 8:30 pm among other measures in a new energy conservation plan as the country grapples with an economic crisis. The country’s foreign exchange reserve levels barely cover a month’s worth of imports, most of which are accounted for by energy purchases from abroad, with funds expected under an International Monetary Fund programme having been delayed, Reuters reported. Pakistan’s…

Read More

Azad Jammu and Kashmir Minister for Energy and Water Resource, Chaudhry Arshad Hussain, performed the soft launching of the 3rd International Solar Clean Energy Conference-2023.The AJK Minister appreciated that the organizer of the upcoming conference, the Energy Update, had been constantly organizing conferences and exhibitions to promote indigenous and renewable sources of energy abundantly available in the country.He said the conferences being organized by Energy Update on hydroelectricity, wind, and solar power resource were a step ahead toward the energy independence of Pakistan.Naeem Qureshi, Chairman of the organizing committee of…

Read More

K-Electric held its 112th Annual General Meeting (AGM) for FY22. The meeting was chaired by Moonis Alvi, Chief Executive Officer, KE who was authorized to chair this meeting by the Chairman of the Board, Mark Skelton. The Chairman and the KE Board members were in attendance on virtual mode, while KE leadership was present in person. The KE’s operational performance shows improvement on the back of sustained investments across the value chain. The company’s transmission and distribution losses declined by 2.2 percentage points, closing at 15.3 percent in FY22 against…

Read More