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

Market watch: Energy, power stocks fall amid pessimism

KARACHI: Friday’s pessimism rolled over into the new week, with the Monday trading session recording heavy selling pressure as offloading of shares by foreign investors in the previous session took a toll on investor sentiment.
Samar Iqbal, Topline Securities’ senior manager equity sales,…http://alternativeenergy.com.pk/pakistan-news/market-watch-energy-power-stocks-fall-amid-pessimism/ Energy power stocks, Karachi Stock Exchange’s (KSE) b, Oil and Gas Development Company, Pakistan State Oil, power stocks fall amid pessimism

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

Credible constraints energy sector: Government to divest shares in energy companies

ISLAMABAD / KARACHI: 
The Pakistan Muslim League – Nawaz (PML-N) is contemplating reducing the government’s share in state-owned energy companies to around 51%, in a bid to raise the cash necessary to clear the circular debt in the system, as well as restrict the ability of future…http://alternativeenergy.com.pk/national-news/credible-constraints-energy-sector-government-to-divest-shares-in-energy-companies/ Credible constraints energy sector, energy companies, energy experts, Government to divest shares, Nawaz (PML-N), Oil and Gas Development Company, Pakistan Muslim League, Sui Northern Gas Company, Sui Southern Gas Company

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

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

Wajahat seeks to reduce UfG incidence to three percent

The government will en-sure just distribution of gas among all the sectors of the economy without any discrimination, Sohail Wajahat Siddiqui, caretaker Minister for Petroleum and Natural Resources said. Talking to a select group of journalists here on Friday, he said the government won”t…http://alternativeenergy.com.pk/national-news/wajahat-seeks-to-reduce-ufg-incidence-to-three-percent/