Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Minister for Finance, Ishaq Dar, met up with the Minister of Petroleum and Natural Resources; and Chairman OGDCL, Mr Zahid Muzaffar. The two men were present in order to discuss the issues regarding oil and gas sectors and how the foreign investments should or should not be taken under consideration. It was further brought to […]
Oil prices rose again in Asian trade. New York’s main contract West Texas Intermediate (WTI) stated a rise of 38 cents as it increased to $94.58 during mid-morning. This means that oil prices in the Asian countries are going to take up a new rise yet again. However, most recently the news in Pakistan has […]
It was reported that the quiet Asian Trade saw oil rises rising on Tuesday. West Texas Intermediate gained four cents and appreciated to $94.66 in Asian trade.
US oil prices have extended more losses in the Asian trade, as it was reported on Wednesday that dealers are increasing stockpiles, which means that the demand for oil in the world’s biggest economy has fallen. The prices slipped down by 16 cents for December as they were sold for $98.14 per barrel. On the […]
A disaster in making Businesses worldwide thrive on certainity and reliability of the political, social and financial conditions of a country, and Pakistan is no exception to the phenomenon. Being considerate to this fact and faced with the worst financial times of the country’s history, it was expected of the incumbent government to initiate policy […]
After witnessing the ‘price increase’ trend, the crude oil prices observed a declining trend today. According to the details, the New York’s main contract, for the delivery of light sweet crude for the month of August, shed 53 cents to $ 92.13 a barrel. Brent North Sea crude for delivery in September slid about 38 […]
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 […]
Gas load organising problems – Oil and gas sector update Pakistan LAHORE: It has been learnt from reliable sources that the Lahore High Court have asked the Oil and Gas Regulatory Authority (Ogra) and the Sui Northern Gas Pipelines Limited (SNGPL) to explain the court of the law under which CNG loadshedding was being conducted. […]
Imports of LNG programs face challenges – Oil and gas news Liquefied natural gas (LNG) import program is facing serious hiccups, as oil and gas management (Ogra) has decided to cancel the pipeline capacity allocated to LNG importers after the Oil Ministry in confidence due to the inability of importers to perform obligations on time. […]
APCNGA claiming gas supply agreements violated by the government – Pakistan oil and gas News Pakistan- The CNG Association of Pakistan (APCNGA) said on Wednesday that the federal government and its oil subsidiary body of the Gas Regulatory Authority and deliberate violation of the agreements for the supply of gas without interruption, CNG industrial and […]
LNG import licenses to be awarded fairly – Ministry of Petroleum and Natural Resources Pakistan ISLAMABAD: Ministry of Petroleum and Natural Resources and Oil and Gas Regulatory Authority (OGRA) has said that it is is consultation with all the stakeholders for Liquefied Natural Gas (LNG) import. Rumors about favouring one party of Liquefied Natural Gas […]
Government to start 100 LPG filling stations at PSO outlets – Pakistan oil and gas news "Pakistan State Oil to ensure the supply of liquefied natural gas to private companies that will install the CIS space at points of public sector oil marketing company," he said. The Minister noted that the policy of the CIS […]
