Abraaj Group likely to miss deadline for K-Electric deal
The Abraaj Group is likely to miss the deadline for the $1.8 billion deal to sell off its stake in K-Electric sale...
OGRA has the discretion to cancel LPG producers’ licenses
The Oil and Gas Regulatory Authority (Ogra) has the discretion to cancel licenses of the gas producing companies, if they fail to...
LNG import likely to double by July 2017
Import of Liquefied Natural Gas (LNG) is likely to double to1200mmcfd by July 2017 from its current volume of 600 million cubic...
CNG prices likely to go down in Punjab
Ghiyas Abdullah Paracha, central chairman of the All Pakistan CNG Association (APCNGA) is reported to have said that CNG prices are likely...
CNG prices likely to drop in Punjab
Ghiyas Abdullah Paracha, central chairman of the All Pakistan CNG Association (APCNGA) is reported to have said that CNG prices are likely...
Oil production in Pak grows 11pc
 Pakistan’s oil production grew by 11 pc YoY to reach 96,553 barrels per day (bpd) of oil in Jan 2017, media sources...
Oil falls to a three-month low as US supply rises
Oil hovered around a three-month low on Monday as rising US stockpiles and drilling activity offset the optimism over Organization of the...
Hascol & Vitol collaborate to venture into LNG sector
Hascol Petroleum is exploring business opportunities in the LNG sector. This was notified in a notice sent to the Pakistan Stock Exchange...
Gas reserves discovered at Chhotu-1
A joint venture of Nim Block comprising of  Oil and Gas Development Company Limited (OGDCL) operating 95pc stake and Government Holding Pvt...
2nd int’l LPG conference scheduled for March 14
The Liquefied Petroleum Gas Distributors Association of Pakistan (LPGDAP) will hold the second international conference on March 14 in Lahore for the promotion...
Large scale RLNG users may pay higher rates
The government is considering restructuring the natural gas tariff to provide imported re-gasified liquefied natural gas (RLNG) to large domestic consumers at...
Brazil willing to assist Pakistan in renewable energy sector: envoy
Ambassador of Brazil Claudio Lins on Sunday said that Pakistan and Brazil have a huge potential to boost trade and business ties...
Shell Pakistan Limited posts record profit after tax of PKR 6.764b
The Board of Directors of Shell Pakistan Limited announced the financial results for the year ended December 31, 2016. The Company posted...
OGRA & OCAC favor testing of petroleum products by independent lab
The Oil Companies Advisory Council (OCAC), a body that is engaged with refining and marketing companies has sought permission of the Ministry...
Chinese companies to invest $35b in 19 power projects
Chinese companies will be investing $35 billion in 19 power projects which will generate 12,134 MW of electricity under the China-Pakistan Economic...