Government hoping to trade petrochemicals with India – Pakistan oil and gas news Oil Minister Hussein Asim said on Monday that there is potential for trade in oil products between India and Pakistan, which is interested in importing heating oil and diesel fuel from a neighboring country. The start of negotiations in this area would […]
May 29 2012 | Posted in
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Indian and Pakistan companies sign on TAPI deal – Pakistan oil and gas news Turkmen officials have stated that the proposed pipeline could carry 1000000000000 cubic meters of gas over 30 years, or 33 billion cubic meters a year. "After more than 20 years of diplomacy, 1,800 kilometers of gas pipeline, which connects one of […]
May 24 2012 | Posted in
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Blowout Preventor case study – oil and gas industrial lessons In the past, the oilfields were precarious and dangerous places. The workers known as oilmen had to wait outside the well and when the oil was struck, they allowed the of gas and oil gust out of the well. Then they waited further till the pressure dropped enough in order […]
May 23 2012 | Posted in
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OGRA must take required actions, APCNGA – Pakista oil and gas news All Pakistan CNG Association (APCNGA) has asked the Government to take measures to address Oil and Gas Regulatory Authority (Ogra), which approved the reduction in gas prices up to 47 rupees per million British Thermal Unit (mmBtu). Ghiyas Abdullah Paracha, Chairman of the […]
May 22 2012 | Posted in
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OGDCL has a lot on its plate – oil and gas new pakistan The National Assembly of the legislature on Friday showed his displeasure for violations in the Oil and Gas Development Company Limited (OGDCL) and directed MD OGDCL to give a full report on this issue at the next committee meeting. Meeting of the […]
May 21 2012 | Posted in
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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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