Category: Shortcode

Shaukat Tarin, Federal Minister for Finance and Revenue, on Monday directed Federal Board or Revenue (FBR) to take crack whip on smuggling of fertilisers to neighbouring countries to ensure price stability in the country. Tarin issued these directives, while chairing the meeting of National Price Monitoring Committee (NPMC) held at the Finance Division. The committee was briefed that smuggling of this chemical farm input was weighing on the supply chain, which was not only undermining its availability, but was also causing the prices to fluctuate to the disadvantage of growers…

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Rising oil and gas prices in the international market as well as supply chain disruptions created by the ongoing Russia-Ukraine conflict have pushed Pakistan to look for alternatives as the country struggles to buy fuel on the spot market. As per a report in Bloomberg, Pakistan is shifting towards Afghan coal to meet its energy needs, as state-owned Pakistan LNG Limited did not award a recent purchase tender seeking several shipments of liquefied natural gas through May due to high offer prices. Meanwhile, the local cement industry is buying coal…

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Islamabad, March 29, 2022; MD / CEO, OGDCL Syed Khalid Siraj Subhani vowed to take the company on new heights by diversifying the company business.In this regard forum of top OGDCL management gathered. MD stated that company needs to set standards where employees can perform effectively and efficiently.It has also been further decided that best possible effort will be made to meet the targets set by the company in the current financial year. According to the details, MD/CEO OGDCL briefed the senior officers of the company about the achievements and…

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Medical experts on Friday advised citizens not to consume soft drinks at iftar time because after sixteen hours of fasting, they start to retard kidney fuction. Talking to private news channel medical experts, however, they advised people to use home-made juices instead of soft drinks during iftar as it is easily absorbed during digestion.  “Home-made drinks like lemonade, milk soda and others are more efficient in combating thirst as compared to soft drinks,” they said, adding: Use of fizzy drinks lead to several diseases including, diarrhoea, gastroenteritis, dehydration, renal problems…

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If COP26 could not do much against oil and gas, the recent high prices have done the deserved or undeserved damage to the future of oil and gas. Renewable lobby has always considered low oil and gas prices to be a bad news, as it makes renewable uncompetitive and the drive to phase out fossil fuels goes into the back burner. Renewables like solar and wind power cost have come down independent of oil and gas prices and more improvement is expected in the future. It cannot be undone. Coal…

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