News

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Banks’ massive Rs1.5tr lending fuels economy
Banks’ massive Rs1.5tr lending fuels economy
Source: Dawn
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Leveraging US tariffs can lift Pakistan’s exports
Leveraging US tariffs can lift Pakistan’s exports
Source: Tribune
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10 highest risk agencies: NAB to lead action plans to mitigate vulnerabilities
10 highest risk agencies: NAB to lead action plans to mitigate vulnerabilities
Source: Business Recorder
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Pending applications with Discos: KATI urges Nepra to notify cut-off date for net billing
Pending applications with Discos: KATI urges Nepra to notify cut-off date for net billing
Source: Business Recorder
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PM wants wheeling charges at ‘appropriate’ levels
PM wants wheeling charges at ‘appropriate’ levels
Source: Business Recorder
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Rs135bn petrol scam: Proceedings begin against two serving officers; Senate body told
Rs135bn petrol scam: Proceedings begin against two serving officers; Senate body told
Source: Business Recorder
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Tears of Port Qasim
Tears of Port Qasim
Source: Minutemirror
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Setting up ‘Gems Authority’: MoC seeks NA panel’s coordination with PD
Setting up ‘Gems Authority’: MoC seeks NA panel’s coordination with PD
Source: Business Recorder
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Chaghai minerals: Globacore and Mari partner in strategic JV
Chaghai minerals: Globacore and Mari partner in strategic JV
Source: Business Recorder
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Finnish tech giant Metso secures €70mn equipment contracts for Reko Diq copper-gold mine
Finnish tech giant Metso secures €70mn equipment contracts for Reko Diq copper-gold mine
Source: Business Recorder
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Sindh Assembly passes Thar Coal Energy Board Amendment Bill
Sindh Assembly passes Thar Coal Energy Board Amendment Bill
Source: Business Recorder
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Russia and China Unfazed by Sanctions in Booming LNG Trade
Russia and China Unfazed by Sanctions in Booming LNG Trade
Source: OilPrice.com
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Reimagining Peak China narrative
Reimagining Peak China narrative
Source: The Express Tribune
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Withholding tax from salaried individuals increases by 54.7% to Rs214.2 billion in H1 FY25
Withholding tax from salaried individuals increases by 54.7% to Rs214.2 billion in H1 FY25
Source: Profit Pakistantoday
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Govt partners with World Bank for public financial management reform
Govt partners with World Bank for public financial management reform
Source: Profit Pakistan
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Commerce ministry pushes for Gems Authority to address supply issues in Pakistan’s gemstone sector
Commerce ministry pushes for Gems Authority to address supply issues in Pakistan’s gemstone sector
Source: https://profit.pakistantoday.com.pk/wp-content/uploads/2021/04/Different-gemstones.jpg
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Industry demands revival of confidence
Industry demands revival of confidence
Source: Dawn
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ECC proposes uniform tariff to wipe out debt
ECC proposes uniform tariff to wipe out debt
Source: The Express Tribune
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OPINION: The road towards stagnation
OPINION: The road towards stagnation
Source: Business Recorder
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Solar financing gaps in market prevent access to $2.8billion
Solar financing gaps in market prevent access to $2.8billion
Source: The Express Tribune
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Issued by NEPRA: TheNetwork concerned over Draft Prosumer Regulations, 2025
Issued by NEPRA: TheNetwork concerned over Draft Prosumer Regulations, 2025
Source: Business Recorder
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Regulating solar energy
Regulating solar energy
Source: The Express Tribune
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Pakistan’s 660MW Coal Plant Overcapacity Problem Deepens in 2025
Pakistan’s 660MW Coal Plant Overcapacity Problem Deepens in 2025
Source: Discovery Alert
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Industry flags risks to 2026 growth
Industry flags risks to 2026 growth
Source: The Express Tribune
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Solar power growth creates challenges to national grid: expert
Solar power growth creates challenges to national grid: expert
Source: Business Recorder
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ECC calls for gradual shift to uniform tariff to reduce circular debt in power sector
ECC calls for gradual shift to uniform tariff to reduce circular debt in power sector
Source: Profit Pakistantoday
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Punjab Energy Holding Co to get oil-gas block for exploration ‘sans bidding’ 
Punjab Energy Holding Co to get oil-gas block for exploration ‘sans bidding’ 
Source: 24 News HD
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Why Western Pressure Has Failed to Break Russia’s Eurasian Energy Pivot
Why Western Pressure Has Failed to Break Russia’s Eurasian Energy Pivot
Source: Russiaspivottoasia
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Central Asia Takes Its Critical Mineral Diplomacy to Japan
Central Asia Takes Its Critical Mineral Diplomacy to Japan
Source: OilPrice.com
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The Limits of Geopolitical Support for Oil Prices
The Limits of Geopolitical Support for Oil Prices
Source: OilPrice.com
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West Africa’s Atlantic Margin Sees Renewed Exploration Interest
West Africa’s Atlantic Margin Sees Renewed Exploration Interest
Source: OilPrice.com
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The EIA Thinks OPEC Can Pump More Than Anyone Expected
The EIA Thinks OPEC Can Pump More Than Anyone Expected
Source: OilPrice.com
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Trump’s Venezuela Campaign Disrupts an $8 Billion Oil Trade
Trump’s Venezuela Campaign Disrupts an $8 Billion Oil Trade
Source: OilPrice.com
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Harbour Energy Enters U.S. Deepwater With $3.2 Billion LLOG Deal
Harbour Energy Enters U.S. Deepwater With $3.2 Billion LLOG Deal
Source: OilPrice.com
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Russian LNG Exports to China Break Record
Russian LNG Exports to China Break Record
Source: OilPrice.com
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CNOOC Brings New Xijiang Offshore Project Online in South China Sea
CNOOC Brings New Xijiang Offshore Project Online in South China Sea
Source: OilPrice.com
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Japan Votes to Restart Its Largest Nuclear Power Plant
Japan Votes to Restart Its Largest Nuclear Power Plant
Source: OilPrice.com
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Oil Prices Rise as the U.S. Escalates Its Tanker Crackdown Off Venezuela
Oil Prices Rise as the U.S. Escalates Its Tanker Crackdown Off Venezuela
Source: OilPrice.com
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Globacore Minerals enters joint venture with Mari Minerals
Globacore Minerals enters joint venture with Mari Minerals
Source: Business Recorder
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Globacore Minerals enters into joint venture with Mari Minerals for mineral exploration in Balochistan
Globacore Minerals enters into joint venture with Mari Minerals for mineral exploration in Balochistan
Source: Profit Pakistan
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What is gross metering and how will it impact solar consumers?
What is gross metering and how will it impact solar consumers?
Source: Geo
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Transforming SSGC’s operational and financial landscape
Transforming SSGC’s operational and financial landscape
Source: Business Recorder
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OPINION: end of net metering – goodbye to green energy?
OPINION: end of net metering – goodbye to green energy?
Source: Business Recorder
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Nepra proposes shift from net to gross metering for new rooftop solar consumers
Nepra proposes shift from net to gross metering for new rooftop solar consumers
Source: Profit Pakistantoday
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Tariff Differential Subsidy payments: Power Division, KE at loggerheads
Tariff Differential Subsidy payments: Power Division, KE at loggerheads
Source: Business Recorder
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PM orders to intensify crackdown on smuggling as petroleum revenue swells 82pc
PM orders to intensify crackdown on smuggling as petroleum revenue swells 82pc
Source: The Nation
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Punjab orders province-wide crackdown on 238 illegal petrol pumps after PM directive
Punjab orders province-wide crackdown on 238 illegal petrol pumps after PM directive
Source: Profit Pakistantoday
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https://ieefa.org/resources/pipelines-uncertainty-need-full-emissions-transparency-europes-midstream-gas-sector
https://ieefa.org/resources/pipelines-uncertainty-need-full-emissions-transparency-europes-midstream-gas-sector
Source: IEEFA
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Inside the Deep-Sea Mining Debate
Inside the Deep-Sea Mining Debate
Source: OilPrice.com
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Balochistan minerals: Five major business groups announce investment plans
Balochistan minerals: Five major business groups announce investment plans
Source: NNI
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Don't take our word for it.

Dr. Gulfaraz Ahmed
Dr. Gulfaraz Ahmed
Advisor Mari Petroleum, Former MD OGDCL, Former Secretary Petroleum

Despite historical energy resource exploration Pakistan is still to achieve self-sufficiency. Therefore Pakistan continues to promote its geology to attract the competitive exploration dollar internationally. The members of the vibrant energy industry in the country felt the need for instituting a forum of The Petroleum Club of Pakistan to serve as an open platform for the sharing of professional information. The PCP organizes meetings and seminars for sharing and promoting information of related knowledge and is headed by a President chosen for historical contributions to the industry in the country!

Dr. Syed Iqbal Mohsin
Dr. Syed Iqbal Mohsin
Former VC Wafaqi Urdu University, Former Director Evening program Karachi University

Petroleum Club of Pakistan provides a platform for professionals that was missing and was very much needed. The exchange of ideas and good communication is very healthy.

Syed Firasat Shah
Syed Firasat Shah
Ex Co-DMD Exploration & Business Development at Pakistan Petroleum Limited

Petroleum Club of Pakistan is a much needed, integrated think tank platform for the experienced energy professionals to interact, share thoughts on important energy challenges and to come up with fact-based solutions, by following the principles of mutual respect, collective wisdom, and constructive thinking. The club will also contribute to educating the public on energy-related issues to overcome common misconceptions and prevent its negative impact.

Dr. Saeed Khan Jadoon
Dr. Saeed Khan Jadoon
Ex Executive Director Exploration, Oil & Gas Development Company Ltd. Islamabad, Pakistan

On behalf of the Petroleum Club of Pakistan (PCP), my team and I welcome all our members and visitors to our web platform. PCP is a not-for-profit organization, our efforts are towards making Pakistan a leading country in the energy sector by strengthening the links between professionals of the Energy Sector of Pakistan through the power of networking, technology utilization, local research, human resource development, ancillary skills, and counseling. We provide our members with a professional platform to interactively discuss energy-related issues and to propose fact-based solutions that may be used as energy industry feedback for policy formulation. PCP also arranges workshops and talk shows to increase awareness on energy-related issues and the link between academia and the industry.

Ahmed Nawaz
Ahmed Nawaz
Chief Operating Officer (COO) at MOL Pakistan Oil & Gas Co. B.V.

PCP is indeed a prestigious platform that is providing an opportunity to professionals from across the petroleum industry to exchange their views and contribute toward the betterment of our beloved country Pakistan. The thing which I admire the most about PCP, it has made a wealth of knowledge and wisdom accessible to emerging and young industry professionals from those who otherwise would have gone into hibernation post their retirement. Forward-looking, I foresee PCP tremendous role in improved inclusion and structured dissemination of knowledge providing discipline-based expert forums whereby industry and academia can equally benefit and effectively contribute in this volatile, uncertain, complex and ambiguous petroleum business.

Moin Raza Khan
Moin Raza Khan
MD & CEO Pakistan Petroleum Limited

It is heartening to see the Petroleum Club of Pakistan (PCP) flourish in terms of its membership over the past few years. Now we have knowledge powerhouses representing the entire spectrum of the Petroleum and Energy industry in its fold. With an amalgam of young and highly experienced, seasoned professionals of this industry, it carries several thousand years of experience, PCP seems to be well poised to deliver on the very objectives that it was formed for. Being a front runner and a representative from the upstream petroleum sector, now I can say that PCP is getting closer to my vision of providing the best think tank for influencing key decisions by the policymakers, planners, and promulgators across all streams of oil & gas industry of Pakistan.

Masood Siddiqui
Masood Siddiqui
Ex MD, OGDCL

Petroleum Club of Pakistan is a great platform for debating the energy issues of Pakistan. With the thousands of years of experience present at the forum, issues can debated threadbare with across the board perspective incorporated in the outcome.

Muhammad Raziuddin Monem
Muhammad Raziuddin Monem
Member Board Of Directors SSGC , Former Regional Head MI Schlumberger

Petroleum Club is a very good medium to exchange views and ideas about what ails the Petroleum industry and suggestions on some out of the box solutions for the policymakers to see an alternative approach to what they've been doing. This will offer them something to think about. I have always felt that once we have really good Corporate Governance on both sides, in the industry and the regulators or shouldn't we call them facilitators, both ensure that decisions are taken primarily on merit and the Code of Corporate Governance is strictly followed a lot of the issues will be settled, slowly but surely. So here's to a meaningful discussion on this valuable forum.

Muhammad Arif
Muhammad Arif
Member Gas at OGRA

It gives me immense pleasure in penning down to acknowledge that the creation of the Petroleum Club of Pakistan has been the most needed and long-awaited initiative which has united and brought industry professionals at one platform. The Club members’ life long experience and their wisdom reflected in intellectual discourse on most difficult industry issues are invaluable. Issuance of periodic hardcore advisory papers by PCP may provide guiding principles for the government and regulators in the formulation of policies and taking timely corrective measures in addressing the complex industry issues in these testing times and years to come. I am very hopeful and confident that life long experience and wisdom of the very experienced and committed members of PCP would not only strengthen the social and professional network, but it would also be able to truly act as “Think Tank” and provide timely advise or at least “Food for Thought” to the policymakers to address compelling issues faced by the industry with a view to ultimately achieve sustainable security of energy supplies in a competitive market environment. The success of the Petroleum Club of Pakistan is due to the active, timely and painstaking efforts being made by the Club team.

Syed Arif Kamal
Syed Arif Kamal
Former Chief Executive POL & Executive Director OGDCL

Establishment of Petroleum Club of Pakistan became a reality due to vision, inspiration and sincere efforts of members in general but of founder members in particular resulting in a rapid and even an unprecedented growth of membership. Every one has noticed a very enthusiastic participation of members in sharing the technical knowhow and industry information. I hope soon speaker series may also be initiated for dissemination and sharing of knowledge. Finally all the effort of members is focused to help the Country in meeting its energy requirements in an environtally safe, responsible and sustainable manner.

G.A. Sabri
G.A. Sabri
Former Federal Secretary Petroleum / DGPC

Formation of Petroleum Club Of Pakistan is an excellent Initiative and being a member i am thoroughly enjoying it. I would like to compliment Mr. Tahir Alam and Dr. Saeed Khan Jadoon for the wonderful initiative. The Daily news update is again an great idea. PCP is a very good forum for professional interaction and source of learning for the younger generation, as well as keeping the old vintage updated. I would strongly propose that the Government should officially accept it as a think tank group which can make a very useful contribution to policy making. Organisations like PPEPCA and OCAC, which have been there since ages were not able to do what PCP has achieved. It would have a greater impact if the strength of downstream professionals could be increased. PCP’s growth and success will be a source of professional pride. Keep it up Tahir Alam and good luck.

PCP
PCP
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Petroleum Club Of Pakistan

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