Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Power shoratges continue to rise in the country – Pakistan oil and gas news Crisis in Pakistan, the authorities continue to pursue energy deficit grew to a record 8200 mega watts (MW), a famous news source reported on Wednesday. Currently, electricity is 8200 MW, while demand is 16,400 MW during the day. The deficit attributed […]
Turkeminstan supply gas on cheap rates – Pakistan oil and gas news India will purchase gas from Turkmenistan at a price indexed to oil, a cheap byproduct of oil refining, but not soggy, which makes imports more expensive than domestic supplies. The Cabinet on Thursday approved a standard contract for the purchase of Turkmen gas […]
Pakistan State Oil profits plunge by 3% Monday, April 23, 2012: Pakistan State Oil (PSO) profits took a dive by 3% and now stand at Rs8.97 billion. The reason behind the decline in profits in the first nine months of fiscal year 2012 is being accredited to increase in tax rate. The government’s cut in […]
Shell suffers Rs224 million loses Saturday, April 21, 2012: Shell petroleum’s transpired from making profits to a loss in the first quarter of 2012 amid swelling government dues and lower profit margins. The government does not provide adequate returns to fully cover the cost of operations and financing, Shell Pakistan Chairman Sarim Sheikh wrote […]
OGRA will be saving millions of dollars from Gas Act 2011 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 the upcoming years. It […]
Oil and gas sector in disarray – Pakistan Industrial sector update 2011 KARACHI – Despite good news flow regarding price and volumetric difference in oil and gas, nation’s greatest outlined area having 40 % weight in KSE 100 catalog, has so far published a bad come back of 5 % this year. This 5 % […]
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 […]
Psychological Pricing, Decimal Points and the Lost Cents! Psychological pricing is a pricing strategy based on the theory that certain prices have psychological impact. This entails prices that are a little less than the round number, e.g., Rs. 1499 or Rs. 99.95. This pricing strategy is followed because research shows that consumer tend to ignore […]
