PPL signed agreement with ADNOC Abu Dhabi for oil exploration
Pakistan Petroleum Limited in corporation with Oil and Gas Development Company Limited (OGDCL), Mari Petroleum Company Limited (MPCL) and Government Holdings (Private) Limited (GHPL) has been awarded offshore block 5 in Abu Dhabi’s second competitive exploration block bid round. The wined block covers an area of 6,223 square kilometers and is located 100 kilometers northeast […]
EOIs invited for Pakistan Steel Mills
The Pakistan Steel Mills Corporation (PSMC) on has invited expressions of interest (EoIs) through Privatisation Commission, from prospective investors. The EoIs are to acquire at least 51 per cent or up to 74pc issued share capital of Steel Corporation together with its management control. For the revival of Pakistan steel mills, the PSMC has incorporated […]
Construction sector affected by rising prices of raw materials: ABAD
The Association of Builders and Developers of Pakistan (ABAD) has urged the Prime minister to take prompt notice of the consistently increasing prices of raw materials being used in the construction industry because if unchecked it has the potential to impede the government from achieving the target of five million houses under the Naya Pakistan […]