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Govt paid Rs1,929 billion to IPPs despite buying zero electricity units
Govt paid Rs1,929 billion to IPPs despite buying zero electricity units
Source: Aaj
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Chinese giant BYD partners with HUBCO subsidiary to introduce EVs in Pakistan
Chinese giant BYD partners with HUBCO subsidiary to introduce EVs in Pakistan
Source: Business recorder
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Power Down: Hubco Predicts Decline in Pakistan’s Electricity Demand
Power Down: Hubco Predicts Decline in Pakistan’s Electricity Demand
Source: Technology Times
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Rs30.8bn ‘recovery’ from Hubco: PSO seeks PD’s intervention
Rs30.8bn ‘recovery’ from Hubco: PSO seeks PD’s intervention
Source: Business Recorder
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HUBCO’s earnings up 17% in 2QFY24
HUBCO’s earnings up 17% in 2QFY24
Source: Business recorder
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KE seeks PD’s support for early approval of Indicative Generation Plan
KE seeks PD’s support for early approval of Indicative Generation Plan
Source: Business Recorder
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KE, Hubco sign MoU
KE, Hubco sign MoU
Source: Dawn News
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KE, Hubco ink MoU for supply of affordable power to Karachi from Thar plant
KE, Hubco ink MoU for supply of affordable power to Karachi from Thar plant
Source: The Nation
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KE, HUBCO sign MoU for Thar coal power
KE, HUBCO sign MoU for Thar coal power
Source: The News
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Hubco in talks to buy stake in Thar coalmine
Hubco in talks to buy stake in Thar coalmine
Source: etribune
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Engro Coal shares acquisition: BoD authorises Hubco to execute definitive pacts
Engro Coal shares acquisition: BoD authorises Hubco to execute definitive pacts
Source: Recorder Report
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Why is HUBCO doubling down on Thar Coal? 
Why is HUBCO doubling down on Thar Coal? 
Source: Profit Pakistan
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Proposed acquisition: HUBCO board authorises negotiations with SECMC
Proposed acquisition: HUBCO board authorises negotiations with SECMC
Source: Business Recorder
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Power producers: CPPA-G makes payments prior to year end
Power producers: CPPA-G makes payments prior to year end
Source: Business Recorder
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Hubco asks CPPA-G to pay Rs13.4bn dues
Hubco asks CPPA-G to pay Rs13.4bn dues
Source: Business Recorder
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Hub Power Company Limited
Hub Power Company Limited
Source: Business Recorder
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Thar Coal Block II: 1035 households given solar power
Thar Coal Block II: 1035 households given solar power
Source: Business Recorder
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HUBCO’s profit soars 93% in 1QFY24
HUBCO’s profit soars 93% in 1QFY24
Source: Business Recorder
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How did HUBCO earn its highest ever profit? 
How did HUBCO earn its highest ever profit? 
Source: Profit Pakistan
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HUBCO’s earnings up 110% in FY23
HUBCO’s earnings up 110% in FY23
Source: Business Recorder
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O&M costs: CPPA-G accused of taking ‘unlawful’ actions against LEL
O&M costs: CPPA-G accused of taking ‘unlawful’ actions against LEL
Source: Business Recorder
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Power plant retirement policy
Power plant retirement policy
Source: Business Recorder
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Transportation of HSD: APL proposes to repurpose its Hub-ZOT pipeline
Transportation of HSD: APL proposes to repurpose its Hub-ZOT pipeline
Source: Business Recorder
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LNG financial relief: PSO seeks amendments to taxation laws, Rs628bn allocation
LNG financial relief: PSO seeks amendments to taxation laws, Rs628bn allocation
Source: Business Recorder
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Import of spare-parts: Hubco concerned at forex ‘unavailability’
Import of spare-parts: Hubco concerned at forex ‘unavailability’
Source: Business Recorder
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Hubco: PSO’s receivables exceed Rs25.33bn
Hubco: PSO’s receivables exceed Rs25.33bn
Source: Business Recorder
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PSO receivables reach Rs734bn
PSO receivables reach Rs734bn
Source: Business Recorder
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Premature termination of PPA of Hubco power plant recommended
Premature termination of PPA of Hubco power plant recommended
Source: Business Recorder
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news
PSO, SNGPL in a debt trap
PSO, SNGPL in a debt trap
Source: etribune
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PSO’s circular debt historic high, risk of LC default
PSO’s circular debt historic high, risk of LC default
Source: Dunya News
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Hubco-CPHGC: encashment notice withdrawn, standby LC extended
Hubco-CPHGC: encashment notice withdrawn, standby LC extended
Source: BR Web Desk
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Encashment of SBLC: Resolve Hubco-CPHGC dispute, PM asks authorities concerned
Encashment of SBLC: Resolve Hubco-CPHGC dispute, PM asks authorities concerned
Source: Business Recorder
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Chinese want to encash $150m guarantee by Hubco. But why?
Chinese want to encash $150m guarantee by Hubco. But why?
Source: profitpk
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CPHGC serves notice to Hubco for encashment of $150mn Standby LC
CPHGC serves notice to Hubco for encashment of $150mn Standby LC
Source: Business Recorder
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news
Hubco-backed firm agrees to buy Eni business
Hubco-backed firm agrees to buy Eni business
Source: Dawn News
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Prime International set to acquire Eni’s business in Pakistan
Prime International set to acquire Eni’s business in Pakistan
Source: Business Recorder
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Thar Energy Limited’s 330MW plant to commence operations from Oct 1
Thar Energy Limited’s 330MW plant to commence operations from Oct 1
Source: Business Recorder
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news
Law Division finds Hubco undertaking inadequate
Law Division finds Hubco undertaking inadequate
Source: The News
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news
Eni sale: Law ministry finds HUBCO undertaking ‘inadequate’, questions petroleum division’s intent
Eni sale: Law ministry finds HUBCO undertaking ‘inadequate’, questions petroleum division’s intent
Source: profitpk
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Petroleum division set to finalize sale of ENI Pakistan
Petroleum division set to finalize sale of ENI Pakistan
Source: profitpk
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news
Eid holidays may disturb oil supplies: Power plants: furnace oil arranged for May
Eid holidays may disturb oil supplies: Power plants: furnace oil arranged for May
Source: Business Recorder
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Acute fuel shortage: Hubco on the verge of shutdown
Acute fuel shortage: Hubco on the verge of shutdown
Source: Business Recorder
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PSO: power sector key defaulter
PSO: power sector key defaulter
Source: Business Recorder
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PSO receivables hit Rs402.863bn mark
PSO receivables hit Rs402.863bn mark
Source: Business Recorder
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Inefficient power, RLNG sectors: PSO receivables hit Rs380.464bn mark
Inefficient power, RLNG sectors: PSO receivables hit Rs380.464bn mark
Source: Recorder Report
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news
KE’s results belie enormity of power sector challenges
KE’s results belie enormity of power sector challenges
Source: Brecorder
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news
The Furnace Oil (FO )’imbroglio’
The Furnace Oil (FO )’imbroglio’
Source: Business Recorder
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news
The intractable energy sector
The intractable energy sector
Source: Business Recorder
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news
Petroleum Division to decide future of HUBCO next week
Petroleum Division to decide future of HUBCO next week
Source: Business Recorder
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news
Power projects: Chinese companies refuse request to review rate of return
Power projects: Chinese companies refuse request to review rate of return
Source: Business Recorder
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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
CLUB

Petroleum Club Of Pakistan

Patrons