ISLAMABAD: In a major step toward reviving offshore energy exploration, Pakistan has awarded 23 offshore oil and gas exploration blocks to four consortiums led by local energy companies, with some partnered with foreign firms, including Turkiye’s national oil company TPAO, the Ministry of Energy announced on Friday. This marks Pakistan’s first offshore bidding round in […]
Hubco
Kamran Kamal takes charge of Pakistan’s largest IPP – HUBCO
Karachi: Hubco, Pakistan’s largest IPP has announced the appointment of Kamran Kamal as its new CEO. Kamran has succeeded Khalid Mansoor who led the company for eight years. Kamran has already been a part of Hubco for the past 6 years as the CEO of Laraib Energy Limited, a hydel subsidiary of the Company. Previously, […]
Energy, financial scrips push PSX Index up
Pakistan equities closed Tuesday positive with benchmark KSE-100 Index gaining 208 points, closing at 37,130 levels, up 0.6 percent. The local bourse made a high and a low of +349 and -329 points, respectively. An equity analyst at IIS Securities said the positive sentiment was mainly driven by improved trade numbers for the month of […]