Posts tagged as: gas

NA body proposes measures to check corruption in the OGRA Part 2 – Pakistan oil and gas news

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 […]

NA body proposes measures to check corruption in the OGRA Part 1 – Pakistan oil and gas news

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 […]

Pakistan stock market suffers the lower world oil prices – Pakistan oil an gas news

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 […]

Private Equity investing in oil and gas – Part 4 – Oil and gas news

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, […]

Private Equity investing in oil and gas – Part 3 – Oil and gas news

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 […]

Cumberland Oil & Gas Ltd.announces review of its strategic process – oil and gas news

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 […]

Pakistan’s Petroluem Policy is golbally competative – Pakistan oil and gas news

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 […]

People facing alarming conditions in Pakistan

People facing alarming conditions in Pakistan Among all forms of governments, Democracy is always preferred because it is widely considered the best system to run the affairs of a country throughout the world. However, in Pakistan, even the democratic system produced no good at all for general masses. It is called the government of the […]

World Bank to lend Pakistan $550 million for development of education and natural gas sector

World Bank to lend Pakistan $550 million for development of education and natural gas sector Friday, April 27, 2012: Pakistan is set to receive $550 million from the World Bank in order to strengthen the education and natural gas sectors. The approvals came as a result of Pakistan’s top economic managers’ meetings with top management […]

SNGPL expects profits to exceed target by Rs280 million

SNGPL expects profits to exceed target by Rs280 million Friday, April 6, 2012: Sui Northern Gas Pipelines (SNGPL) has expected to make Rs280 million more than its financial projections in the next financial year. For the very reason, gas providers have asked the regulator to decrease gas prices for consumers as they estimate to make […]

Pakistan gas production increasing – Oil and gas news update

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 […]

Afghanistan decides to quit TAPI project – Pakistan oil and gas news – part 3

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 […]

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