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...
Government increases price of gas from Sui fields
Karachi: In order to support stakeholders, the government has decided to raise gas prices from Sui Gas field which would enable Sui...
Rumor’s impact solar power adoption in Pakistan
Islamabad: Mohammad Aslam has finally found a way to give his family relief from extended power cuts. In February this year he...
Govt to impose additional surcharges on electricity consumers
Islamabad: In order to obtain a $300m loan facility from the Asian Development Bank (ADB), the government has succumbed to the demands...
OCAC seeks two years to meet regulatory requirements
Islamabad: Oil Companies Advisory Council (OCAC), a consortium of various oil marketing companies and refineries has sought one to two years for...
Ogra orders Shell to pay $2m fine for massive tanker blast
Islamabad: Pakistan's oil and gas regulator on Friday ordered the local subsidiary of Royal Dutch Shell to pay at least 210 million...
Gazprom, OGDCL sign MOU for exploration and development of gas fields
Islamabad: Pakistan’s Oil and Gas Development Company Limited (OGDCL) and Russia’s Gazrprom International have signed a Memorandum of Understanding (MOU) in Moscow...
Oil and gas exploration increases 79pc
Islamabad: Pakistan witnessed an increase of around 79 percent in oil and gas exploration activities in different potential areas during the last...
Qatar mulls to increase LNG production amidst isolation by neighbours
Doha: The energy-rich Gulf nation of Qatar, facing further isolation from its neighbors amid an ongoing diplomatic rift, said Tuesday it plans...
Power shortfall soars in Punjab as LNG supply gets curtailed
Lahore: A technical fault developed at the LNG terminal owned by Engro Corporation on Wednesday that caused the LNG supply to be...
60 LPG-air mix plants to be installed countrywide
ISLAMABAD
The government is setting up over 60 Liquefied Petroleum Gas (LPG) air mix plants in selected areas to facilitate consumers where natural...
Petroleum Ministry to execute Rs 190m projects in Balochistan
Islamabad: Ministry of Petroleum and Natural Resources on Friday said it will execute two new projects worth Rs 190 million for coal exploration...
Rs99.5b worth of oil/gas tapped by OGDCL, MOL Pakistan in last 17 years
Islamabad: The Oil and Gas Development Company Limited (OGDCL) and MOL Pakistan have produced crude oil and natural gas worth Rs99.538 billion...