Oil and gas
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                                                            Major oil and gas reserves discovered in KohatThe reserves are seen as a step forward in addressing energy challenges 
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                                                            Türkiye to send navy support to Somali waters for oil and gas explorationAnkara has exclusive rights to explore and produce hydrocarbons in three offshore blocks in Somalia 
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                                                            Oil, gas sector irregularities unearthedDGPC’s policy deviations, inefficiencies lead to significant losses to national coffers 
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                                                            OGDCL reports Rs171b profit for Jul-Mar FY24Company makes significant progress in seismic, drilling efforts 
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                                                            Oil, gas firms await incentives for output boostHave potential to raise production from existing fields by embracing modern technology 
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                                                            Iran-Pakistan pipeline: a much-needed lifelineCalling the energy crisis in Pakistan the mother of all crises is not an exaggeration 
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                                                            OGDCL’s receivables swell to Rs1trOil, gas producing company in financial trouble as major customers default 
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                                                            E&P firms warn of halt in investmentSay inflows into LPG plants may stop due to tax relief on imports 
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                                                            Gas firms seek tariff hike of up to Rs194 per unitOGRA to hold hearing this month; any increase will push inflation up 
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                                                            OGDCL discovers oil, gas reserves in Kohat districtCompany says findings are a result of aggressive exploration strategy 
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                                                            ‘LNG imports avert repeat of energy crisis’Secretary says if LNG is taken out of system, energy crisis will emerge again 
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                                                            In Pakistan, shift away from furnace oil saves consumers Rs65bBenefit passed on to end-consumers on account of fuel cost adjustment 
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                                                            Crude Market: Oil prices up as supply issues mountOn the supply side, deadly anti-government unrest has gripped Iraq, the second-largest producer among the OPEC 
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                                                            Pakistan's Finance Division refuses guarantee to LNG importerCites fiscal constraints being faced by govt, IMF loan terms 
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                                                            'Rs32.8 million prepaid cards of oil company stolen'Faraz says dept not accepting its mistake as no one was ready to take responsibility 
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                                                            Gas crisis looms over Pakistan as some fields may be shutReduced output at refineries will lead to lower demand for supplies from fields 
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                                                            Shale oil, gas exploration to begin in Sindh by year-endOGDC will undertake pilot project keeping in view environmental standards 
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                                                            Two options proposed for LNG plants' privatisationPrivatisation Commission suggests either privatise power plants as one unit or sell them separately 
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                                                            Assessing new oil and gas sector policy stepsGovt seems to be active and on the right track in the energy sector 
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                                                            PTI govt issues ordinance to waive over Rs300b GIDC duesPTI govt writes off half of liabilities of industrialists, late payment surcharge 
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                                                            POL to drill 10 more wells in FY20Has initiated process for acquiring relevant seismic data 
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                                                            Installed power production capacity risesIt comes mainly due to setting up of new CPEC power plants 
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                                                            Crude oil - the rise of the fallenIn short term, oil prices may get a further boost from US-Iran standoff 
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                                                            PPL finds new gas deposits in JamshoroDiscovery will help increase energy supply, reduce energy crisis in the country 
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                                                            Private sector urged to invest in K-P oil and gas sectorCM’s adviser on power and energy says govt needs investors 
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                                                            ExxonMobil keen to drill more offshore wellsUS energy giant also eyeing investment in Pakistan’s LNG sector 
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                                                            PPL becomes Pakistan’s first company to drill well abroadPPL starts search for hydrocarbon reserves in Iraq 
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                                                            Delay hits $3.2b Saudi oil facility for PakistanRiyadh doesn’t want OGRA, HDIP testing POL products imported under deferred payment pact 
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                                                            Govt to form new zones for oil, gas explorationDecides to offer better prices to companies operating in risky areas of Balochistan, K-P 
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                                                            Gas and Oil inaugurates 400th outletGO Chief Operating Officer Zeeshan Tayyeb welcomed the guests and reiterated the GO’s vision and future plans 
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                                                            Govt may do away with inefficient plantsShould also plug leakages, reduce T&D losses to heal the ailing sector 
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                                                            US-based firms express interest in oil, gas explorationThe firms are interested in participating in upcoming bidding for new blocks 
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                                                            Back-to-back: PPL makes another gas discoveryWell test in Sujawal district shows flow of 9.05 mmcfd 
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                                                            Govt to reconstitute boards of oil, gas firmsMeasure is aimed at ensuring transparency in appointment process 
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                                                            State-run firms set different hiring criteriaSome have set no age limit; work experience condition also varies 
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                                                            Government poised to hold bidding for 20 new exploration blocksLast round of bidding was held by PPP government in 2013 
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                                                            OGDCL announces oil and gas discovery in KohatAnalysts say development will have insignificant impact on earnings 
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                                                            Wrongdoing feared: Senate panel seeks details of Qatar LNG contractAsks why other countries were ignored; former PML-N govt may land in trouble 
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                                                            Corporate Corner: MPCL, MOL enhancing cooperationMoU signed between the petroleum and oil & gas companies 
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                                                            More than 30 believed dead in Papua New Guinea earthquake: reportSome 300 people were injured as reports of 'extensive' damage to infrastructure emerge 
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                                                            To allay provinces’ concerns, Centre allows access to oil, gas dataMove comes after K-P, Sindh accused Punjab of consuming their gas 
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                                                            SNGPL, SSGC stock prices have sunk ‘due to speculation’OGRA rules out link between proposed tariff regime and price movements 
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                                                            Stopping oil adulteration: British firm seeking long-term contractCompany representative offers reduction in fuel marking price in exchange for the extension 
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                                                            K-P to get its first institute of petroleum technologyGovernment aims to address needs of skilled workforce in the sector 
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                                                            POL makes major oil, gas find in PunjabWith new discovery, company’s production is likely to go up by 25% 
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                                                            Oil and gas sector: KPOGCL, Russian company sign MoU'It is also a positive indicator of the improved security situation in K-P' 
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                                                            K-P, Sindh want greater role in upstream regulatorBack govt’s move to unbundle gas utilities, but express demand to have shareholding 
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                                                            BP in talks regarding battery re-charging docksOil company seeks to benefit from shift away from fossil fuels 
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                                                            Oil and gas sector likely to generate Rs391.5 billion in revenue for governmentIn outgoing year, receipts are 7% lower than the Rs394.8b target 
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                                                            Oil and gas exploration: K-P to delegate concession powers to energy secretarySources blame DGPC for ‘hindering’ exploration activities 
 
    


















































