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Author: richpakistan

OGDCL boosts production at Kunnar Oil Field with optimisation measures at two wells

Interventions increase output by 1,160 barrels per day, strengthening energy security…

PPL Enhances Gas Production at Shahdad X-1 Well 

Pakistan Petroleum Limited (PSX: PPL) Thursday announced the successful execution of a water shut-off operation at Shahdad X-1…

Pakistan Celebrates a Big Milestone as Ronin Established the First Smart Wearables and Tech Accessories Manufacturing and Assembling Industry

Pakistan has achieved a historic milestone by setting up its first-ever industry for manufacturing and assembling earbuds…

Wave Tech to Establish Pakistan’s First Lithium Battery Manufacturing Plant

Wave Tech has announced its plan to set up Pakistan’s first-ever lithium battery manufacturing plant at the Malir Industrial Park…

‘Several hydel projects are nearing completion’

Secretary Energy and Power Muhammad Zubair Khan has said that several ongoing energy (hydel) projects are in…

Mari Energies enters joint venture for mineral exploration in Balochistan

Joint Venture Agreement signed with IRH Mining RSC Ltd, Balochistan Mineral Resources Limited and the Government of Balochistan…

OGDCL revives Rajian-11 heavy oil well, restores production to 1,000 BPD

Production resumes after four-year suspension due to formation challenges…

IFC to Help Finance First Sustainable Aviation Fuel Facility in Pakistan and Broader Region

IFC is providing up to $35 million in equity and debt financing to establish a landmark sustainable aviation fuel (SAF) facility in Punjab…

Pakistan’s current account improves but remains negative in February 2025

Country posts a deficit of $12mn in February, against $399mn deficit recorded in January 2025

New design banknotes: Rs3.4bn paper machine upgrade project awarded to German firm

The Security Papers Limited (SPL) has awarded a paper machine upgrade project worth Rs3.4 billion to a German firm…

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