Chairman National Accountability Bureau (NAB) Admiral (Retd) Fasih Bokhari on Saturday said that joint-investigation team to probe Arsalan Iftikhar for allegedly taking financial benefits from Malik Riaz to settle his cases in the Supreme Court. Speaking to the media, Bokhari explained that the team will be comprised officials of the NAB, the Federal Investigation Agency […]
Shockingly: Petroleum prices reduced as proposed by OGRA – Pakistan oil and gas news Petroleum products prices decreased as proposed by OGRA. Recommended to reduce the prices of petroleum products by the RS10 and Thursday, the ministry has sent a summary of Geographic News Wednesday in the oil and Gas Authority (OGRA). Oil and gas […]
Jun 25 2012 | Posted in
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OGRA issues notice for petroleum price reduction Islamabad: The Oil and Gas Regulatory Authority (OGRA) has issued notification for slashing the petroleum prices by as much as Rs 11.75 for next fifteen days. After coming down by about Rs 10.46/ litre, the new petrol price stands at Rs 89.51 per litre. Diesel, that experienced a […]
Jun 16 2012 | Posted in
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PPL wins gas block in Iraq- Oil and gas news Pakistan Iraq on Thursday opened the last day of the landmark sale of units awarded two exploration contracts, is better than a poor start that dampened hopes of cementing its role as a major global supplier. The final two days of the sale, the first […]
Jun 4 2012 | Posted in
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Power shortages continue to increase in the country – Pakistan oil and gas news Crisis in Pakistan, the authorities continue to pursue energy deficit grew to a record 8200 mega watts (MW), a famous news source reported on Wednesday. Currently, electricity is 8200 MW, while demand is 16,400 MW during the day. The deficit attributed […]
May 31 2012 | Posted in
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Power shoratges continue to rise in the country – Pakistan oil and gas news Crisis in Pakistan, the authorities continue to pursue energy deficit grew to a record 8200 mega watts (MW), a famous news source reported on Wednesday. Currently, electricity is 8200 MW, while demand is 16,400 MW during the day. The deficit attributed […]
May 30 2012 | Posted in
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Pakistan natural gas crisis – Energy Sector Update 2012 Lahore – Pakistan is facing its worst energy crisis since its birth in1947. The country lacks proper natural resources management, thanks to incompetent ruling parties that have been not able to improve infrastructure and production facilities even after sixty four years of independence. It has been […]
May 29 2012 | Posted in
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‘Pak-Iran gas pipeline is extremely important for sub-continent – Pakistan Industrial Sector update LAHORE: Mashallah Shakari, the Iranian Ambassador to Pakistan, has said the potential Pakistan-Iran gas pipeline is of great geo-political value in the region as it is bound to bring energy revolution in Pakistan. Mr Shakari further added that the pipeline will bring […]
May 26 2012 | Posted in
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OGRA is ready to drop another bomb on the consumers – Pakistan oil and gas sector update ISLAMABAD – The authorities are likely to bomb the consumers with an increase in the oil costs by Rs 5 per liter from The month of June 01, next season, News Pakistan learnt from special sources on 26th […]
May 25 2012 | Posted in
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Turkeminstan supply gas on cheap rates – Pakistan oil and gas news India will purchase gas from Turkmenistan at a price indexed to oil, a cheap byproduct of oil refining, but not soggy, which makes imports more expensive than domestic supplies. The Cabinet on Thursday approved a standard contract for the purchase of Turkmen gas […]
May 18 2012 | Posted in
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Siemens helps government resolve issues in oil and gas sector – News Update Siemens oil and gas stop at POGEE, the international oil and gas exhibition in the Exhibition Centre has attracted great attention from visitors, including customers, politicians, media and oil and gas businesses from across the country and 20 other countries participating in […]
May 16 2012 | Posted in
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Pakistan stock market suffers the lower world oil prices – Pakistan oil an gas news Islamabad, May 8 (Reuters) – Pakistan shares closed lower on Tuesday, led by sales of oil and gas sector due to lower world oil prices, analysts said. Karachi Stock Exchange (KSE) 100-test of stock index ended 0.71 percent or 104.01 […]
May 10 2012 | Posted in
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