The government is unlikely to provide relief to diesel consumers as it may raise the rate of the petroleum development… Read More
OGDCL Discovers More Oil and Gas Reserves in Sindh
Oil and Gas Development Company Limited (OGDCL) has discovered oil and gas from its exploratory efforts at Chak-5 Dim South-3… Read More
NBP Suspends Thousands of Pensioner Accounts Temporarily
The National Bank of Pakistan (NBP) has temporarily closed the accounts of thousands of pensioners to biometrically verify all account… Read More
Pakistan to Import 20,000 Tons of Gas to Address Shortage
Pakistan’s energy crisis is expected to cool off soon following another effort by the South Asian nation to import additional… Read More
Pakistan Finally Devises an Energy Saving Plan to Save The Economy
Pakistan aims to enhance energy efficiency by ensuring cost-effective measures such as shifting public/private buildings to solar, working on electric… Read More
Pending LCs to be Cleared after Consultation with Commerce Ministry: SBP Governor
The State Bank of Pakistan (SBP) has cleared 30,000 pending cases of letters of credit (LCs) and others will be… Read More
FBR Starts Process of Hiring Panel Advocates for Subordinate Officers
The Federal Board of Revenue (FBR) has started the process of hiring Panel Advocates for its field formations to plead… Read More
Shifting NFC Share of Provinces to Islamabad Won’t Fix Fiscal Gap: KP Finance Minister
Distribution of the National Finance Commission (NFC) share from the provinces to Islamabad won’t fix Pakistan’s fiscal gap, according to… Read More
Pakistani Cherries Officially Gain Access to Chinese Fruit Market
The Ministry of Commerce has acquired market access for exporting Pakistani cherries to China. Sources told ProPakistani that this important… Read More
Govt Jacks Up OMC Margins on Petrol by 25%
The government increased margins on MS petrol for oil marketing companies (OMCs) and also hiked the petroleum development levy (PDL)… Read More
OGDCL and SOEs Set up SPV to Participate in Reko Diq Project
Oil and Gas Development Company Limited (OGDCL) together with Pakistan Petroleum Limited (PPL) and Government Holdings (Private) Limited (GHPL), together… Read More
Jazz’s Parent Company is Closing in on Selling Tower Assets in Pakistan
Veon Limited, the Dutch-based operator of telecommunications networks, is close to selling its tower assets in Pakistan to a consortium… Read More
