OGDCL signed MoU with PRL for growth in Energy Sector
The Oil and Gas Development Company Limited (OGDCL) and the Pakistan Refinery Limited (PRL) have formed a strategic partnership in Pakistan’s energy industry. They have signed a Memorandum of Understanding (MoU) to establish a cooperative relationship and explore collaboration opportunities. OGDCL will invest in PRL as a strategic investor to enhance the refinery. The companies […]
16,000km fiber optic cable network CEO of Sunwalk Limited announced a major project in Pakistan
During a kick-off ceremony in Islamabad, Tony Lee, CEO of Sunwalk (Pvt) Limited, announced the start of a major project in Pakistan to deploy a 16,000km fiber optic cable network. Sunwalk’s primary focus is on swift deployment while maintaining high quality according to ITU- T Standards. Lee reaffirmed their unwavering commitment to delivering top-notch services […]
100,000 tons of discounted Russian oil expected to arrive at Pakistan ports in the first week of June
The vessels carrying 100,000 tons of discounted Russian oil is expected to be arrived at Pakistan ports in the first week of June as part of the energy security plan of the government. State Minister for Energy, Musadik Malik announced this during an off-camera meeting with media persons on new refinery policy, which aims at […]
Textile sector in Sindh and Baluchistan faces severe gas supply crisis
The textile industry in Sindh and Baluchistan is experiencing a severe crisis in gas supply, leading to the closure of numerous textile mills and a significant decline in production. Despite a 30 percent increase in gas tariff in February 2023, the shortage and disruption of gas supply persist. This situation has resulted in the closure […]