UEG investing another $200 million into its Pakistani projects – Oil and gas news update United Energy Group (UEG) Limited, Oil and gas company listed on the Hong Kong Stock Exchange has increased its capital cost investment for its assets in Pakistan’s $ 200 million for operating and exploration. Additional investment has increased the daily […]
May 17 2012 | Posted in
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OGRA hoping to explore more oil resources within the country – Pakistan oil and gas news Ogra executive director of Zain-ul-Abidin told the briefing that the panel of annual oil consumption of Pakistan "was more than 20 million barrels, of which 40 percent is processed locally, while 60 percent is imported. He said that local […]
May 15 2012 | Posted in
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PPL looking for more energy resources – Pakistan oil and gas news Since the energy crisis hit the economy causes a loss of $ 64000000000 in the last four years, the government should give priority to government and industry through the use of all energy sources, including imports of gas and coal industry and ensure […]
May 14 2012 | Posted in
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NA body proposes measures to check corruption in the OGRA Part 2 – Pakistan oil and gas news Ogre executive director of Zain-ul-Abidin told the briefing that the panel of annual oil consumption of Pakistan "was more than 20 million barrels, of which 40 percent is processed locally, while 60 percent is imported. He said […]
May 12 2012 | Posted in
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NA body proposes measures to check corruption in the OGRA Part 1 – Pakistan oil and gas news Islamabad: National Assembly Standing Committee on Petroleum and Natural Resources on Thursday recommended that the federal government or create a new Ministry of Oil and Gas Regulatory Authority (OGRA), making it completely independent of and under the […]
May 12 2012 | Posted in
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Private Equity investing in oil and gas – Part 4 – Oil and gas news Oil PwC, and gas M & analysis of the quarterly report announced U.S. transactions with a value of more than $ 50 million analyzed by PwC using transaction data of IHS Herold. For the three months ended March 31, 2012, […]
May 9 2012 | Posted in
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Private Equity investing in oil and gas – Part 3 – Oil and gas news According to PwC, there were 13 transactions with a value exceeding $ 50 million related to the shale plays in the first quarter of 2012, total $ 8.4 billion, or 28 percent of the total value of the transaction. The […]
May 8 2012 | Posted in
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Supreme Court releases detailed judgement on Prime Minister Yousaf Raza Gillani Contempt Case The Supreme Court of Pakistan has finally released the much awaited detailed judgement on the contempt of court case against Prime Minister of Pakistan Syed Yousaf Raza Gillani on Monday. As of yet, the believed to be 77 page document, which was […]
Cumberland Oil & Gas Ltd.announces review of its strategic process – oil and gas news Cumberland Oil & Gas Ltd. (TSX VENTURE: COG) announced that the Board of Directors began a process to identify, study and consider a number of strategic alternatives for the company to enhance shareholder value. Strategic alternatives may include, but are […]
May 3 2012 | Posted in
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Let Justice Be Served in Prime Minister Yousaf Raza Gillani’s Case As soon as the contempt of court punishment of a few seconds was announced to Prime Minister of Pakistan Syed Yousaf Raza Gillani, it did not take much time for voices around the country shouting that he must step down on ethical grounds instead […]
Secretary Clinton to host a dinner for Japanese Prime Minister in Washington On April 30 (today), USA Secretary Hillary Rodham Clinton will host a dinner for Prime Minister Yoshihiko Noda at National Geographic in Washington, D.C. Secretary Clinton and Prime Minister Noda will discuss a range of bilateral, regional, and global issues and will celebrate […]
Apr 30 2012 | Posted in
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Pakistan’s Petroluem Policy is golbally competative – Pakistan oil and gas news Pakistan has been seven previous oil policies in the past two decades, between the policy of successive provide more incentives to potential investors. The crude oil production meets only about 20 percent of domestic demand, and the most abundant gas production has been […]
Apr 30 2012 | Posted in
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