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POL prices reduced on PM orders

Source: GeoNews | 01-04-2014

Petroleum prices have been reduced on the directives of prime minister, said spokesman for the Prime Minister on Monday.

Prices of petrol, High Octane , High Speed Diesel, Kerosene Oil and Light Speed Diesel have been reduced by Rs 1.72, Rs4.66, Rs2.90, Rs5.61 and Rs5.16 respectively.

The spokesman said that the prime minister’s decision was aimed at passing on the benefit of decline in dollar prices to the people.

OGRA likely to deny crude transport cost to Byco

Source: Tribune | 28-03-2013

The Oil and Gas Regulatory Authority (Ogra) is expected to scupper attempts by Byco Refinery to collect Rs0.15 per litre as crude transport cost from consumers, on the grounds that commercial business should be fair and transparent and no special treatment should be given to a specific refinery, sources say. The Economic Coordination Committee (ECC) of th..... Read more

Dell to deal with Icahn, Blackstone

Source: Dunya News | 26-03-2013

Dell Inc. said Monday a special board committee plans to negotiate with Blackstone Group and activist investor Carl Icahn over new acquisition bids for the computer maker that rival an offer of more than $24 billion from an investor group that includes founder Michael Dell. The Round Rock, Texas, company said the committee has determined that the bids f..... Read more

Ex-chief of Ogra nabbed in Abu Dhabi

Source: dawn | 10-01-2013

After hiding from the law for over eight months, the main character in a Rs82 billion scam — former chairman of the Oil and Gas Regulatory Authority (Ogra) Tauqeer Sadiq — has been arrested in Abu Dhabi with the help of Interpol, a senior official of the National Accountability Bureau (NAB) said on Wednesday. A NAB insider said a team wa..... Read more

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