government to fix responsibility asked to book people behind energy crisis ‘Policy dialogue on electricity sector reforms”

LAHORE: 
Participants of the ‘Policy dialogue on electricity sector reforms” have asked the government to fix responsibility for the energy crisis afflicting the country and bring criminal charges against the people involved.
They suggested that people like the former Indus waters…http://alternativeenergy.com.pk/pakistan-news/government-to-fix-responsibility-asked-to-book-people-behind-energy-crisis-policy-dialogue-on-electricity-sector-reforms/ (RINP), compressed natural gas (CNG), OGDC, Oil and Gas Development Company, Research Institute of Natural Resources of Pakistan, United States Agency for International Development, USAID

Market watch :Selling continues in oil and banking stocks Karachi Stock Exchange’s (KSE) benchmark

KARACHI: The recent spate of selling continued unabated for the third consecutive session, with wary investors abandoning positions ahead of an anticipated fall in the bourse.
Their concerns had been triggered by heavy foreign selling in the past two sessions, even though foreigners turned net…http://alternativeenergy.com.pk/oil-gas-energy/market-watch-selling-continues-in-oil-and-banking-stocks-karachi-stock-exchanges-kse-benchmark/ OGDC, oil and banking stocks, Oil and Gas Development Company, t MCB Bank

Absence of fiscal incentives leave energy, oil and gas sectors worse off demand of petroleum companies

KARACHI: 
Let it be clear that the government did not offer any fiscal incentive to the oil and gas sector in the budget. Even the months-old demand of petroleum companies to do away with turnover tax on their revenues was ignored.
The only good news for firms like the Oil and Gas Development…http://alternativeenergy.com.pk/oil-gas-energy/absence-of-fiscal-incentives-leave-energy-oil-and-gas-sectors-worse-off-demand-of-petroleum-companies/ Independent Power Producers (IPPs), OGDC, Oil and Gas Development Company, oil and gas sector budget, Pakistan Petroleum Limited (PPL), Pakistan State Oil (PSO), SSGC, Sui Southern Gas Company

Oil and Gas Development Company Limited (OGDC) chief reinstated on Supreme Court orders charges of misusing authority causing financial losses organisation

KARACHI: 
Masood Siddiqui has been reinstated as CEO of the Oil and Gas Development Company Limited (OGDC) on Thursday, 17 days after he was removed by the interim government on charges of misusing his authority and causing financial losses to the organisation.
“The decision of his removal…http://alternativeenergy.com.pk/national-news/oil-and-gas-development-company-limited-ogdc-chief-reinstated-on-supreme-court-orders-charges-of-misusing-authority-causing-financial-losses-organisation/ causing financial losses organisation, charges of misusing authority, chief reinstated, OGDC, Oil and Gas Development Company Limited, Supreme Court orders

Oil and Gas Development Company (OGDC) to fire individuals with fake degrees again

ISLAMABAD: 
The Oil and Gas Development Company (OGDC) has decided to review its decision to reinstate employees found in possession of faked academic records, caving in to fears that courts may take action as they did against politicians.
OGDC Managing Director Masood Siddiqui – sacked…http://alternativeenergy.com.pk/national-news/oil-and-gas-development-company-ogdc-to-fire-individuals-with-fake-degrees-again/ caretaker government, fake degrees again, fire individuals, OGDC, Oil and Gas Development Company

PML-N victory to bode well for the market, predict analysts post-election trading is a vital endorsement of the Pakistan Muslim League-Nawaz (PML-N) victory

KARACHI: By all means, the benchmark Karachi Stock Exchange (KSE) -100 index reaching an all-time high level of 20,244.8 points on the first day of post-election trading is a vital endorsement of the Pakistan Muslim League-Nawaz (PML-N) victory in the nationwide polls. After all, the PML-N is…http://alternativeenergy.com.pk/national-news/pml-n-victory-to-bode-well-for-the-market-predict-analysts-post-election-trading-is-a-vital-endorsement-of-the-pakistan-muslim-league-nawaz-pml-n-victory/ (PML-N) victory, Hubco, KAPCO, Karachi Stock Exchange (KSE) market, Lucky, MCB, Nishar Power, OGDC, Pakistan Muslim League-Nawaz, post-election trading, predict analysts, PSO, vital endorsement

OGRA revises wellhead gas prices for OGDC fields Oil and Gas Development Company (OGDC)

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) revised the wellhead gas prices upwards for the fields operated by the Oil and Gas Development Company (OGDC) for the period January 1 to June 30, according to a notice sent to the Karachi Stock Exchange. 

However, industry and market…http://alternativeenergy.com.pk/national-news/ogra-revises-wellhead-gas-prices-for-ogdc-fields-oil-and-gas-development-company-ogdc/ Karachi Stock Exchange, OGDC, Ogra, Oil and Gas Development Company, Oil and Gas Regulatory Authority, SNGPL, Sui Northern Gas Pipelines

Circular debt pushes oil and gas firms near default verge of default because of swelling receivables of Rs524 billion

ISLAMABAD: 
The caretaker government was told on Thursday that the Pakistan Peoples Party (PPP) – led government has left behind an oil and gas sector on the verge of default because of swelling receivables of Rs524 billion and a herculean task for the interim setup to fix it.
According to…http://alternativeenergy.com.pk/national-news/circular-debt-pushes-oil-and-gas-firms-near-default-verge-of-default-because-of-swelling-receivables-of-rs524-billion/