Islamabad: The Oil & Gas Development Company Ltd (OGDC) reported a significant decrease in net sales for the fiscal year 2025, attributed to declining oil prices and forced production curtailments. The company’s net sales fell to PkR401 billion, m...
Read More »IMF Report Spurs Call for Anti-Corruption Reforms in Pakistan
Islamabad: Aman Pracha, Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has raised concerns about the International Monetary Fund's (IMF) recent report highlighting systemic corruption in Pakistan's state instit...
Read More »Successful Workover Restores Gas Flow in Adam West Field
KARACHI: Pakistan Petroleum Limited (PPL) has successfully completed a workover operation at the Adam West X-1 ST well in the Hala Block, district Matiari, Sindh. This operation marks a significant milestone for PPL, which holds a 65 percent working i...
Read More »Bestway Group and UBL Contribute Rs 550 Million to LUMS
LAHORE: The Lahore University of Management Sciences (LUMS) has received a significant financial boost with a combined donation of Rs 550 million from Bestway Group and United Bank Limited (UBL). The contribution supports LUMS' mission to provide high...
Read More »Amna Riaz Shines in Times Square as Spotify’s Latest EQUAL Pakistan Ambassador
Karachi: Spotify has announced Amna Riaz as the EQUAL Pakistan Ambassador for the final quarter of 2025, highlighting her as a key figure in the evolution of Pakistan's music scene. The indie pop artist was featured on Spotify's Times Square billboard...
Read More »Traders Push Back Against Basement Markets in Heritage Revival Plan
Lahore: The Lahore Chamber of Commerce & Industry (LCCI) has established an 11-member committee to negotiate with the government over the controversial Lahore Authority for Heritage Revival (LAHR) Project. The committee, led by LCCI President Fahe...
Read More »OGRA Sets New Revenue Requirements for Sui Companies, Fuel Prices May Rise
Islamabad: The Oil and Gas Regulatory Authority (OGRA) has announced a significant increase in the Estimated Revenue Requirement for the Sui Southern Gas Company Limited (SSGCL) and Sui Northern Gas Pipelines Limited (SNGPL) for the fiscal year 2025-2...
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