Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
New oil discoveries can prove to be fruitful – Pakistan oil and gas sector update Ministry for Petroleum and Natural Resources assured that per day production of gas would be increased 800 million cubic feet by the month of September. The ministry also said that 38 new reservoirs of oil and gas have been discovered […]
‘Pak-Iran gas pipeline can play a key role in Country’s future– Pakistan Industrial Sector update LAHORE: Mashallah Shakari, the Iranian Ambassador to Pakistan, has said the potential Pakistan-Iran gas pipeline is of great geo-political value in the region as it is bound to bring energy revolution in Pakistan. Mr Shakari further added that the pipeline […]
Iraq offers Pakistan Oil on long term payment facility Wednesday, February 16, 2012: Dr Asim Hussain, Special Assistant to Prime Minister, during a press conference revealed that Iraq has put forth a proposal to Pakistan. In the proposal, Iraq will lend Pakistan furnace oil with the facility of long term payment. Hussain further revealed that […]
Britain could send extra military assets to the Strait of Hormuz to deter any attempt by Iran to block Persian Gulf oil tanker traffic, the country’s defense secretary said Tuesday, as Tehran accused the European Union of trying to create tension with a ban on the purchase of its oil. Two British and French warships […]
Oil up near $104, Iran sanctions support * Lower volumes could mean greater volatility SINGAPORE: Oil prices were up near $104 on Friday, consolidating after a heavy sell off earlier in the week, supported by a weaker dollar and concern over US sanctions against Iran, but the eurozone debt crisis continued to weigh. Brent crude, […]
Minister directs SNGPL, SSGCL the glass, the LPG market * Gap between supply and demand of natural gas has reached a point almost 1000 mmcfd Islamabad: In order to facilitate the domestic gas consumption during the severe gas crisis in the country, the Federal Minister for Petroleum and Natural Resources Dr Asim Hussain directed Sui […]
Oil Consumption in Pakistan surged up by 11 % in November Consumption of Oil is increased by 11% in November on a yearly basis with an impressive performance from all mainstream products. Petrol sales also increased by a significant 34% as gas load shedding have made many producers to shift to the more expensive alternate […]
PSO hires a new Managing Director – Oil and gas sector update SLAMABAD: Prime Minister Yousaf Raza Gilani on Friday designated Naeem Yahya Mir as MD of Pakistan State Oil (PSO), changing Performing MD Jehangir Shah, as part of a thought out restructuring of oil and gas organizations, says the Excellent Minister`s Home. A professional […]
Gas load management 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. […]
CNG loadshedding troubling the public – 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 […]
Baluchistan criticizes draft petroleum policy – Pakistan oil and gas sector update ISLAMABAD (APP) – Parliamentary Secretary for Industries and Production Pir Haider Ali Shah on Sunday proposed certain amendments in the draft petroleum policy 2011, to promote exploration activity in Khyber Pakhtunkhwa (KP) and Balochistan. He said the draft policy was contemplating to disband […]
OGRA will save billions of rupees from Gas Act 2011– Pakistan oil and gas sector update PAKISTAN – In an attempt to overcome gas losses causing billions worth of damage to the over burdened consumers, Oil and Gas Regulatory Authority (Ogra) has finally resolved revolutionary measures by keeping gas theft related matter at cove in […]
