The 20th World Wind Energy Conference WWEC2022 was opened yesterday in Rimini, discussing a broad variety of the aspects of wind power utilisation, and with a special focus on how to shape a renewable future in peace. On the occasion of the WWEC2022, the World Wind Energy Award 2022 has been given to Hans-Josef Fell and Heinrich Bartelt, announced during today’s morning session. In light of their complementary but indispensable contributions, the award has been given equally to Hans-Josef Fell for his political achievements and Heinrich Bartelt for his decades…
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Cnergyico Partners With Unilever (Wall’s) to Enhance Customer Convenience (Karachi – June 29, 2022) Cnergyico Pk Limited (formerly Byco Petroleum),
Pakistan’s largest vertically-integrated oil refining company and one of the nation’s biggest oil marketing companies, announced today that it is collaborating with Unilever’s flagship ice cream and frozen dessert brand Wall’s to improve service offerings and facilitate customers at the forecourts.Cnergyico is always looking for ways to enhance customer experience at its retail outlets. Through product diversification, the company seeks to offer a one-stop solution to its valued customers who want to refuel their vehicles and make convenience store purchases. Now, with the summer season at its peak, Cnergyico’s retail…
Read MorePakistan may get up to $2bn from IMF: Shehbaz
Prime Minister Shehbaz Sharif Tuesday said Finance Minister Miftah Ismail had informed him that Pakistan could receive up to $2 billion from the International Monetary Fund (IMF). “Miftah Ismail in a message said we will hopefully be receiving $2 billion instead of $1 billion from the IMF,” the premier said, adding that he had told the minister that the ‘real goal’ was to achieve self-reliance which was ‘easier said than done’. Shehbaz was addressing the ‘Turnaround Pakistan’ conference organized by the Ministry of Planning and Development in Islamabad. The prime…
Read MoreTo strike staff-level pact with IMF, Rs10/litre petroleum levy on the cards
In order to strike a staff-level agreement with the International Monetary Fund (IMF), the government is considering slapping Rs10 per litre petroleum levy on POL However, there is no possibility of imposition of general sales tax (GST) on POL products from July 2022, and it will be kept at zero for the time being. In an interesting but well-thought-out strategy, devised by the economic team of the coalition government, the Ministry of Finance is going to recommend that Prime Minister Shehbaz Sharif should slap a petroleum levy of Rs10 per…
Read MoreMusadik given overview of PSO’s performance
Minister of State (Petroleum Division), Ministry of Energy, Musadik Malik visited PSO’s Head Office here. Managing Director and CEO, Pakistan State Oil (PSO), Syed Taha welcomed the guest along with the company’s senior management.The minister was given an overview of the company’s financial and operational performance, milestones achieved and key challenges. The minister acknowledged PSO’s role in reshaping Pakistan’s energy landscape with technological advancements and digitization. Pakistan State Oil continues to set new industry benchmarks and reaffirm its role as the national flag bearer and leader of positive change in…
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