Petroleum
More News
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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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In PM’s absence, decision to cut petroleum prices in limbo
OGRA has proposed up to 6.3% decrease; recommends reduction of Rs5.07 in diesel rate and Rs3.67 in petrol price
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Oil transporters continue strike as dialogue fails
Continued suspension is feared to create shortage of petroleum products nationwide
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PPL completes tight gas well drilling
NF Hor -1 is one of the deepest and longest horizontal wells in the tight gas reservoir drilled in Pakistan
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Petroleum product prices likely to fall
OGRA proposes reduction of Rs2.70 in diesel and Rs3.30 in petrol price
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Govt likely to allow OMCs, dealers to set profit margins
Some believe deregulation will create monopoly, allow OMCs to make extra profits
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Academia, Industry Linkages: MoU to meet needs of petroleum sector
The project aims to cater needs of the growing petroleum industry
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PPL profit soars 88% as sales grow significantly
Oil and gas exploration firm earns Rs7.10b in Jan-Mar quarter
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Heavy reliance on petroleum products leads to crisis
Higher oil prices caused increase in circular debt, reduced investment-related imports
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Byco companies merge to become single entity
Integration expected to help cut expenses, restructure debt
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LHC moved against petroleum price hike
The petitioner said the petroleum prices have decreased all over world but it was different in Pakistan
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OGRA supports oil quality testing by independent lab
Petroleum firms float this proposal as they doubt test results of state-run HDIP
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Pakistan’s oil stocks rise as price hike encourages companies
These can meet 30 days of needs, higher than mandatory 20 days
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OGRA holds session to determine UFG benchmarks
High UFG levels of gas companies have been a major area of concern since it is wastage of scarce resource
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Petroleum ministry resists ban on LNG power plants
Instead, it wants curbs on imported coal, furnace oil-based plants
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Govt raises petrol, diesel prices
Finance Minister announced the prices of petroleum for the period starting from February 1 till February 15, 2017
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Despite demand surge, oil supplies are sufficient: ministry
Advises OMCs, refineries to make imports and maximise production
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Going public: Saudi Aramco ‘optimistic’ 2018 right time for IPO, says CEO
Says 5% share capital expected to be sold, likely to be biggest share offering in history
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Mari Petroleum borrows Rs9b to step up hydrocarbon search
Will invest aggressively in exploration that will lead to more discoveries
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Mari Petroleum hits new gas reserves in Ghotki
Shahbaz-1 well produces 10.9m cubic feet gas per day
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Dispute over sales tax on services distribution: Oil Tankers’ Association threatens strike
It’s the third strike call in six months, will disrupt fuel supplies to pumping stations, power generation companies
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Convenient fuel: Crackdown on sale points much ado about nothing
Assistant commissioner laments lack of support for such crackdowns from public
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Poor planning decried: Illegal fuel sellers get chance to fleece tourists
Some were sold petrol for as high as Rs500 per litre
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Capital admin takes action against petrol pumps
Imposes fines for violating weight, measurement laws
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Oil prices linger near seven-year lows
The decision by the OPEC oil producers weighs heavy on market
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Punjab received Rs67b royalty on oil, gas, SC told
Top court informed that funds are being spent in the districts concerned.
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Experts sceptical about claims of shale reserves
Minister says country has recoverable reserves of 95t cubic feet of gas
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London to Karachi: Hascol’s long journey
CEO has overcome financial woes with ease