Stories from Zafar Bhutta
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PSO’s receivables surge to all-time high of Rs742.3b
Claims Rs6.7 billion in losses against SNGPL for the supply of LNG
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Utility MD accused of hiding Rs620m assets
FBR seeks explanation for not reporting assets held in Houston
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OGRA starts developing loss recovery mechanism
Oil marketing firms claim losses of billions owing to rupee’s slump
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Further extension in SSGC board’s term likely
Tenure of directors has already been extended a couple of times
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NTDC failure to cost consumers Rs80b
Requested adjustment of Rs6.7b due to failure to evacuate power from Thar coal-based plants
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Major relief in diesel price expected
Fuel cost may go down by Rs14.31 per litre for first fortnight of April
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OGDCL’s receivables swell to Rs1tr
Oil, gas producing company in financial trouble as major customers default
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Russia frustrated with Pakistan
Delay in establishing new SPV company becomes roadblock to oil import
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Court stays proceedings against TRG board
An ex-employee of Afiniti, testified for an arbitration award against Chishti for sexual harassment and assault
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OGRA accused of flouting price mechanism
OMCs seek recovery of exchange rate losses on petroleum imports