New oil discoveries can prove to be fruitful – Pakistan oil and gas sector update Ministry for Petroleum and Natural Resources assured that per day production of gas would be increased 800 million cubic feet by the month of September. The ministry also said that 38 new reservoirs of oil and gas have been discovered […]
Mar 21 2012 | Posted in
Pakistan,
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Iraq offers Pakistan Oil on long term payment facility Wednesday, February 16, 2012: Dr Asim Hussain, Special Assistant to Prime Minister, during a press conference revealed that Iraq has put forth a proposal to Pakistan. In the proposal, Iraq will lend Pakistan furnace oil with the facility of long term payment. Hussain further revealed that […]
Feb 16 2012 | Posted in
Business,
Pakistan |
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The search for MD of OGDCL: Ministry of Petroleum short-lists 14 candidates Thursday, February 2, 2012: Dr Asim Hussain, Minister Petroleum and Natural Resources, will hold an interview for post of Managing Director (MD) in OGDCL (Oil and Gas Development Company Limited). According to commendable sources the ministry has already short-listed 14 candidates for the […]
Feb 3 2012 | Posted in
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Pakistan |
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Oil up near $104, Iran sanctions support * Lower volumes could mean greater volatility SINGAPORE: Oil prices were up near $104 on Friday, consolidating after a heavy sell off earlier in the week, supported by a weaker dollar and concern over US sanctions against Iran, but the eurozone debt crisis continued to weigh. Brent crude, […]
Dec 19 2011 | Posted in
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Pakistan |
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Minister directs SNGPL, SSGCL the glass, the LPG market * Gap between supply and demand of natural gas has reached a point almost 1000 mmcfd Islamabad: In order to facilitate the domestic gas consumption during the severe gas crisis in the country, the Federal Minister for Petroleum and Natural Resources Dr Asim Hussain directed Sui […]
Dec 17 2011 | Posted in
Pakistan,
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All MD’s sacked in oil and gas sector; Energy crises in Pakistan ISLAMABAD – With energy crisis continuing to build in the country, the government has finally come up with some sort of policy to cut down the expenses. In a meeting between Prime Minister Yousuf Raza Gilani and his adviser on Petroleum and Gas […]
Oct 17 2011 | Posted in
Pakistan,
Sci-Tech |
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