OGDCL pondering acquisition of exploration & production company abroad
Karachi: Oil and Gas Development Company (OGDC) is pondering on acquiring an exploration and production company in Africa or the Middle East...
Petroleum ministry to undertake Rs190m coal exploration projects in Balochistan
Islamabad:  Ministry of Petroleum and Natural Resources would execute two new projects worth Rs 190 million for coal exploration and evaluation in different...
Chinese delegation considers investment opportunities in KP’s oil and gas sector
Peshawar: A Chinese CCK Group delegation visited Khyber-Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) on Thursday, and held detailed discussions to explore...
PPL drills 1.3 km-long horizontal well for tight gas
Karachi: Pakistan Petroleum Limited (PPL) has drilled and completed tight gas horizontal well Naushahro Feroz (NF) Hor-1, an official said here on...
Power tariff for June may see reduction of Rs2.13 per unit
Islamabad: A petition for electricity tariff reduction has been filed with National Electric Power Regulatory Authority (NEPRA) by the Central Power Purchasing...
PSO borrowings from banks surge to Rs130.5b
Islamabad: Pakistan State Oil’s (PSO) borrowing from banks has surged to Rs130.5b due to default of payments by Pakistan International Airlines (PIA)...
Wind power projects take priority over coal in Pakistan
Islamabad: Pakistan is beginning to reap the benefits of Chinese investment in renewable energy infrastructure, with the opening of the first wind...
PML-N lawmakers assure completion of 3600MW power projects
Lahore: Pakistan Muslim League-N (PML-N) lawmakers assured on Tuesday completion of 3,600 megawatt power projects in Jhang, Sheikhupura and Balloki within the...
Multi-year tariff structure would be financially constraining says: K-Electric
Karachi: On the second day of the scheduled hearing by National Electric Power Regulatory Authority (Nepra) into K-Electric’s (KE) review motion, the...
Petroleum ministry contemplating floating tenders for building of oil pipeline
Islamabad: The tragic oil tanker incident which took place in Ahmedpur East last month has made the petroleum ministry to consider revamping...
Pakistan to have surplus capacity of electricity by 2020
Karachi: According to official data available from K-Electric (KEL) and National Transmission and Despatch Company (NTDC), Pakistan will have excess supply of...
SSGC assigned to construct Karachi-Nawabshah gas pipeline
Islamabad: Sui Southern Gas Company (SSGC) has been given the task of finishing the Karachi-Nawabshah gas pipeline by the government as the...
Pakistan could become world’s 5th largest importer of LNG by 2022
Islamabad: Pakistan says it could become one of the world's top-five buyers of liquefied natural gas (LNG), with Petroleum Minister Shahid Abbasi...
Petroleum ministry suggests deregulation of diesel and petrol prices
Islamabad: Ministry of Petroleum is at loggerheads with the Oil and Gas Regulatory Authority (OGRA) and the Planning Commission over the deregulation...
Ogra rebuffs Rs10m fine paid by Shell for oil tanker incident
Islamabad: Oil and Gas Regulatory Authority (OGRA) on Tuesday refused the Rs10m fine paid by Shell Pakistan on account of the Ahmed...