Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Despite having shown unity over the past months against the sit-in protests in the capital, the National Assembly saw the opposition play its role when it walked out over Wednesday’s clash between police force and protesting OGDCL workers. Initially opposition lawmakers staged a token walkout to register their protest against the use of force by […]
The city police and the workers of the Oil and Gas Development Company clashed in Islamabad yesterday when the latter tried reaching the Parliament House in protest of the government’s privatization initiative. Earlier this week, OGDCL employees in the district of Karak also blocked the Indus Highway and protested against the government’s plan to privatize […]
Chairman Privatization Commission Board has assured that Oil and Gas Development Company Limited (OGDCL) transaction will be completed by September 2014. In this regard, the Board will approve the transaction structure of ten percent of government owned shares on 21st July. The minister of state and chairman Privatization Commission Board, Mohammad Zubair had earlier informed […]
Caretaker Prime Minister Mir Hazar Khan Khoso and his govt has been under fire for weeks over appointments on key position at a time when the govt has just few days to transfer power to the new govt. Many are surprised at the move by the caretaker set up and the interim law minister […]
The National Accountability Bureau (NAB) Tuesday issued summons to former Prime Minister Yousaf Raza Gilani in the case pertaining to the appointment of Adnan Khawaja as the managing director of the Oil and Gas Development Company Limited (OGDCL). According to the reports, NAB officials said Gilani had been issued a notice to submit his […]
As power shortfall hit 8,000 megawatts on Thursday and protests fanned across Punjab, President Asif Ali Zardari directed Minister for Water and Power to take effective measures for elimination of unscheduled loadshedding. President Zardari convened an emergency meeting on the energy crisis, suggesting the concerned minister to establish a central control room in the Ministry […]
PPP Government slammed for increasing fuel prices – Pakistan oil and gas news According to sources, petrol products’ prices are set to be increased from April 1, 2012. Petrol prices have been increased on regular basis for the last few months and it will be interesting to see if the burdened cosumers can cope with […]
OGRA will be saving millions of dollars from Gas Act 2011 PAKISTAN – In an attempt to overcome gas losses causing billions worth of damage to the over burdened consumers, Oil and Gas Regulatory Authority (Ogra) has finally resolved revolutionary measures by keeping gas theft related matter at cove in the upcoming years. It […]
The search for MD of OGDCL: Ministry of Petroleum short-lists 14 candidates Thursday, February 2, 2012: Dr Asim Hussain, Minister Petroleum and Natural Resources, will hold an interview for post of Managing Director (MD) in OGDCL (Oil and Gas Development Company Limited). According to commendable sources the ministry has already short-listed 14 candidates for the […]
Ogra burdening the consumers with new tariffs – Pakistan oil and gas sector update ISLAMABAD – Succumbing to the pressure of the federal government, Ogra has granted permission to rub salt on the injuries of gas consumers in a bid to pay the cost of reinstated employees, it is reliably learned. Sources privy to the […]
Karachi Capital Market dips Islamabad: (Thursday, January 19, 2012) After witnessing bullish trends for a week or so, Karachi capital market dipped today as the investors preferred to book profit in blue chip companies like Oil and Gas Development Co Ltd (OGDCL). With the day closing at 11,515.59 points, the Karachi Stock Exchange (KSE) 100-index […]
Need to find solution for Gas shortage otherwise Pakistan’s energy system would collapse reckons Petroleum Minister Monday, January 2, 2012: Asim Hussain, Petroleum Minister has urged the people of Pakistan to face Gas shortage collectively otherwise the countries energy system would collapse. Hussain also said that Goverment should take rapid steps to find solution for […]
