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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Yahoo Inc’s board convened on Monday afternoon to discuss the mounting upset surrounding Chief Executive Scott Thompson, who has apologized to employees after being accused last week by activist investor Daniel Loeb of padding his resume, a source with knowledge of the matter said. The source, who declined to be identified because of the sensitivity […]
May 8 2012 | Posted in
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Yahoo Inc’s board of directors will review a discrepancy in the educational record of its chief executive, Scott Thompson, a spokesman told Reuters, after activist hedge fund Third Point accused Thompson of padding his academic credentials. Yahoo will also make an appropriate disclosure to shareholders when the review is complete, the spokesman said. On Thursday, […]
May 4 2012 | Posted in
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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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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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According to Pakistan Petroleum Information Services (PPIS), Pakistan’s gas production has increased to 4,339mmcfd by March from 4,011mmcfd in June 2011. Similarly, oil production has jumped to 72,411bpd in March from 65,659bpd in June 2011. The Oil and Gas Development Company Limited (OGDCL) is leading the industry volume growth as a renewed focus of management […]
Mar 31 2012 | Posted in
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Apple CEO Tim Cook recently visited the manufacturing site of the company’s biggest vendors, Foxconn in Zhengzhou, China. According to the media, the visit has two strategic sides to it, both or at least one can be true. The most rumoured telltale is that Cook visited the site to negotiate the manufacturing of the new […]
Mar 31 2012 | Posted in
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In the recent news, employees and labour at Foxconn have been treated ill, forcing them to work overtime, abusing both the minimum and maximum number of hours that a person can work in a week or a day for that matter. This malpractice stirred the circles of human rights activists who take the labour matters […]
Mar 31 2012 | Posted in
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Afghanistan decides to quit TAPI project – Pakistan oil and gas news – part 3 Russian expressed its keen interest to finance the billion-dollar IP gas pipeline project, when Foreign Minister Hina Rabbani Khar was on a four-day visit to Moscow in February 2012, however Russian energy giant Gazprom linked this offer with awarding contract […]
Mar 29 2012 | Posted in
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