OGDCL, Chinese co sign MoU on shale, tight gas exploration ISLAMABAD: In a significant development, during the ongoing 8th Silk Road International Expo for investment and ... Published 23 Sep, 2024 06:45am
Pakistan Reko Diq project: Talks with Saudi govt enter final stage: minister ISLAMABAD: Petroleum Minister Musadik Malik has claimed on Wednesday that Pakistan’s negotiations with investors... Published 05 Sep, 2024 06:19am
Markets Ministry approached to halt gas sale at Badin ISLAMABAD: The Petroleum Ministry has been approached for immediate action to halt the unlawful sale of ... Published 29 Aug, 2024 06:53am
Print Transfer CPPs to the national grid, suggests PD ISLAMABAD: The Petroleum Division has suggested the government transferring captive power plants to the National... Updated 28 Aug, 2024 08:42am
Pakistan PM Shehbaz directs for third party validation of projects worth over Rs2 billion Prime Minister Shehbaz Sharif on Saturday directed the relevant authorities to conduct third party validation of all... Published 24 Aug, 2024 06:57pm
Print Tiered pricing system: Gas tariff hike spared 66pc of consumers: Musadik ISLAMABAD: Petroleum Minister Musadik Malik Wednesday clarified that 66 percent of gas consumers remain unaffected... Updated 22 Aug, 2024 09:33am
Print Gas tariff to stay unchanged for 3 months: Musadik Says if necessary, any relief measures will be implemented in consultation with all the provinces Updated 21 Aug, 2024 01:11pm
Print Govt takes much of the credit for decline in food inflation ISLAMABAD: Federal Minister for Petroleum Dr Musadik Masood Malik on Thursday said that the positive impact of the... Updated 09 Aug, 2024 09:22am
Print Cheap Russian oil: Musadik claims private sector made hefty profits ISLAMABAD: Minister for Petroleum, Dr. Musadik Masood Malik has reportedly accused private sector of earning huge... Updated 02 Aug, 2024 09:54am
Print Subsidy package for those consuming up to 200 units announced ISLAMABAD: Federal Minister for Petroleum Musadik Malik said on Tuesday that a Rs 50 billion energy subsidy package... Updated 31 Jul, 2024 09:53am
Pakistan Turkmenistan delegation meets petroleum minister ISLAMABAD: Federal Minister for Petroleum Dr. Musadik Malik held a meeting with the Deputy Chairman of the Cabinet ... Published 25 Jul, 2024 06:24am
Pakistan Azerbaijan eyes multi-billion-dollar investment in Pakistan: Musadik Malik Baku considering investment in mineral sector, including oil and gas, minister says Published 10 Jul, 2024 08:15pm
Pakistan Danish FLSmidth keen to explore Pakistan’s mining sector FLSmidth, a Danish multinational technology company, has expressed interest in Pakistan’s mining sector. The... Updated 22 Jun, 2024 11:20pm
Print Reaction to Musadik’s, Kundi’s offer: No talks with ‘beneficiaries of Form 47’: PTI ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) reacted to the dialogue offer from Minister for Petroleum Division and... Updated 02 Jun, 2024 09:22am
Business & Finance Positive signs indicate economic turnaround: Musadik ISLAMABAD: Minister for Petroleum Musadik Malik said on Sunday that both internal and external economic indicators... Published 27 May, 2024 05:52am
Business & Finance Gems, precious stones sector: PM seeks steps to elevate status ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif wanted taking steps to give the status of regular industry to the... Published 23 May, 2024 05:15am
Print Visit to begin on 5th: PM sets up panel to facilitate private sector team from KSA Pakistan is eyeing an investment of up to $15-20 billion from Saudi Arabia in different sectors/ fields including purchase of public sector entities or share purchases Updated 02 May, 2024 12:05pm
Business & Finance PM forms body to probe Matiari Transmission Line underutilisation ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a committee headed by Minister for Petroleum Senator... Updated 19 Apr, 2024 09:34am
Business & Finance Turkmen envoy says TAPI is a win-win project ISLAMABAD: Ambassador of Turkmenistan Atadjan Molamov called on Federal Minister for Petroleum, Dr Musadik Malik in... Published 27 Mar, 2024 04:38am
Business & Finance Govt negotiating second cargo of discounted Russian crude ISLAMABAD: The State Minister for Petroleum, Dr Musadik Malik, on Wednesday said that talks with Russia are... Updated 13 Jul, 2023 09:11am
Markets Pakistan negotiating for a second discounted Russia crude shipment ISLAMABAD: Pakistan is negotiating to buy a second shipment of discounted Russian crude oil, the South Asian... Updated 12 Jul, 2023 08:08pm
Print Construction of bonded warehouses: Policy introduced to facilitate foreign oil firms LAHORE: Minister of State for Petroleum Dr Musadik Malik said on Wednesday that government had introduced a new... Updated 29 Jun, 2023 03:21pm
Business & Finance Bonded Bulk Storage Policy will end fuel hoarding, reduce pressure on rupee: Musadik Malik Minister says second Russian oil shipment has reached Pakistan Updated 28 Jun, 2023 08:16pm
Print Oil import on foreign supplier’s account: OCAC requests govt to convene meeting of stakeholders ISLAMABAD: While raising questions on approval of policy guidelines regarding import of oil on foreign supplier’s... Updated 28 Jun, 2023 09:01am
Markets Second cargo carrying Russian crude oil arrives in Pakistan A Russian oil vessel ‘Clyde Noble’ carrying crude oil reached Karachi on Tuesday and is currently anchored at the... Updated 28 Jun, 2023 12:20am
Print ECC concerned at ‘higher generation cost’ of KE ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is said to have expressed concerns over higher... Updated 27 Jun, 2023 08:58am
Print LNG deal with Azerbaijan to help end gas crisis by next winter: Musadik ISLAMABAD: State Minister for Petroleum Musadik Malik Wednesday assured that Pakistan’s Liquefied Natural Gas (LNG)... Updated 22 Jun, 2023 08:59am
Pakistan ‘Same discount as for others’: Russian minister says Pakistan not receiving ‘special’ rate Energy minister Nikolai Shulginov also says Russia agreed payment would be made in currencies of friendly countries Updated 17 Jun, 2023 10:07pm
Pakistan Paying for Russian oil in Chinese Yuan Pakistan’s own choice: US US State Department spokesperson Matthew Miller says price cap imposed on Russian oil by Washington and allies has driven down price Updated 14 Jun, 2023 12:26pm
Markets Govt seeks spot LNG cargoes, inks supply deal with Azerbaijan SINGAPORE: Pakistan has issued two tenders seeking spot liquefied natural gas (LNG) cargoes for the first time in... Updated 14 Jun, 2023 10:33am
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer