OGDCL injects five new oil, gas wells in production gathering system
ISLAMABAD: Oil and Gas Development Company (OGDCL) has injected five new oil and gas wells, producing 4,133 barrels crude oil and 891...
National Electricity Plan, New Energy Policy being finalised to determine electricity demand, supply: Leghari
ISLAMABAD: Power Minister Sardar Awais Ahmed Khan Leghari Thursday said that the National Electricity Plan and new Energy Policy was being finalised...
Consumers to bear brunt of OGRA’s decision of dismantling the Enforcement Department
ISLAMABAD: Consumers - the weakest stakeholders of the petroleum industry - are going to bear the brunt of OGRA’s decision of dismantling...
Oil and gas reservoirs: FATA has enough reservoirs to attain self-sufficiency within few years
By HAMID KHAN WAZIR
ISLAMABAD: In what appears to be a significant development, the long-deprived and the war-weary Federally Administered Tribal Areas (FATA) has...
Companies to be invited for submitting tenders for white oil pipeline
ISLAMABAD: Inter-State Gas Systems (ISGS) is set to invite companies for submitting tenders for Sheikhpura-Peshawar white oil pipeline.
This pipeline has been envisaged...
Oil prices spike to highest levels since 2014
SINGAPORE: Oil prices hit their highest levels since 2014 on Wednesday due to ongoing production cuts led by OPEC as well as...
NEPRA approves tariff of 1263MW RLNG/HSD based Power Project
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has approved tariff of above $ 707 million RLNG/HSD based power project of 1,263MW at...
APCNGA, foreign entities set to negotiate regarding supply of CNG cylinders
ISLAMABAD: Representatives of three well-reputed companies of Italy and United Kingdom would start arriving in Pakistan this week to look into prospects of supplying...
Pak-China to strengthen cooperation in energy sector
ISLAMABAD: Pakistan and China will strengthen cooperation in the fields of oil and gas, renewable power generation, supporting power transmission networks to...
Another landmark achieved on Neelum Jhelum Hydropower Project
LAHORE: The strategically important 969 MW-Neelum Jhelum Hydropower Project achieved yet another landmark towards its completion as water filling (pressurisation) of its...
OGRA decides to dismantle Enforcement Department
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has decided to dismantle its Enforcement Department and put the entire responsibility of enforcement...
Oil jumps after U.S. crude stockpiles shrink most since August
NEW YORK: Oil topped $ 62 a barrel for the first time since May 2015 after U.S. crude stockpiles shrank by the...
PM directs for rationalisation of LPG price
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Thursday directed Ministry of Petroleum to take effective measures, in consultation with all stakeholders, for...
HDIP suffers Rs370mn revenue loss on account of CNG stations inspection
ISLAMABAD: The Hydrocarbon Development Institute of Pakistan (HDIP) suffered Rs 370.130 million loss in its revenue on account of inspection of compressed...
Power Division to meet with CPEC investors individually to fast-track energy projects
ISLAMABAD: The Power Division has decided to engage and meet with all investors of the China Pakistan Economic Corridor (CPEC) energy projects...