Oil and gas
More News
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Major oil and gas reserves discovered in Kohat
The 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 exploration
Ankara has exclusive rights to explore and produce hydrocarbons in three offshore blocks in Somalia
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Oil, gas sector irregularities unearthed
DGPC’s policy deviations, inefficiencies lead to significant losses to national coffers
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OGDCL reports Rs171b profit for Jul-Mar FY24
Company makes significant progress in seismic, drilling efforts
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Oil, gas firms await incentives for output boost
Have potential to raise production from existing fields by embracing modern technology
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Iran-Pakistan pipeline: a much-needed lifeline
Calling the energy crisis in Pakistan the mother of all crises is not an exaggeration
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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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E&P firms warn of halt in investment
Say 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 unit
OGRA to hold hearing this month; any increase will push inflation up
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OGDCL discovers oil, gas reserves in Kohat district
Company 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 Rs65b
Benefit passed on to end-consumers on account of fuel cost adjustment
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Crude Market: Oil prices up as supply issues mount
On 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 importer
Cites 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 shut
Reduced 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-end
OGDC will undertake pilot project keeping in view environmental standards
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Two options proposed for LNG plants' privatisation
Privatisation Commission suggests either privatise power plants as one unit or sell them separately
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Assessing new oil and gas sector policy steps
Govt 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 dues
PTI govt writes off half of liabilities of industrialists, late payment surcharge
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POL to drill 10 more wells in FY20
Has initiated process for acquiring relevant seismic data
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Installed power production capacity rises
It comes mainly due to setting up of new CPEC power plants
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Crude oil - the rise of the fallen
In short term, oil prices may get a further boost from US-Iran standoff
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PPL finds new gas deposits in Jamshoro
Discovery 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 sector
CM’s adviser on power and energy says govt needs investors
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ExxonMobil keen to drill more offshore wells
US energy giant also eyeing investment in Pakistan’s LNG sector
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PPL becomes Pakistan’s first company to drill well abroad
PPL starts search for hydrocarbon reserves in Iraq
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Delay hits $3.2b Saudi oil facility for Pakistan
Riyadh 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 exploration
Decides to offer better prices to companies operating in risky areas of Balochistan, K-P
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Gas and Oil inaugurates 400th outlet
GO 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 plants
Should also plug leakages, reduce T&D losses to heal the ailing sector
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US-based firms express interest in oil, gas exploration
The firms are interested in participating in upcoming bidding for new blocks
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Back-to-back: PPL makes another gas discovery
Well test in Sujawal district shows flow of 9.05 mmcfd
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Govt to reconstitute boards of oil, gas firms
Measure is aimed at ensuring transparency in appointment process
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State-run firms set different hiring criteria
Some have set no age limit; work experience condition also varies
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Government poised to hold bidding for 20 new exploration blocks
Last round of bidding was held by PPP government in 2013
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OGDCL announces oil and gas discovery in Kohat
Analysts say development will have insignificant impact on earnings
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Wrongdoing feared: Senate panel seeks details of Qatar LNG contract
Asks why other countries were ignored; former PML-N govt may land in trouble
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Corporate Corner: MPCL, MOL enhancing cooperation
MoU signed between the petroleum and oil & gas companies
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More than 30 believed dead in Papua New Guinea earthquake: report
Some 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 data
Move 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 contract
Company 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 technology
Government aims to address needs of skilled workforce in the sector
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POL makes major oil, gas find in Punjab
With 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 regulator
Back govt’s move to unbundle gas utilities, but express demand to have shareholding
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BP in talks regarding battery re-charging docks
Oil 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 government
In 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 secretary
Sources blame DGPC for ‘hindering’ exploration activities