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Oil production: Markets face uncertain future as OPEC targets competitors

ABU DHABI:  The determination of powerful Gulf Organisation of the Petroleum Exporting Countries (Opec) members to stifle competition ...

PPL makes fifth discovery in Sindh

ISLAMABAD: Pakistan Petroleum Limited (PPL) on Thursday announced to have found another natural gas and condensate reserve in Sanghar ...

Investment in Gwadar: China to help build $3b LNG pipeline and terminal

ISLAMABAD:  The $45-billion worth of agreements signed by Pakistan and China earlier this month included a multibillion-dollar LNG pip...

Power plants at mouth of gas fields to produce 1,000MW

ISLAMABAD:  The Ministry of Petroleum and Natural Resources has made a strong case for installation of power plants at the mouth of g...

OGRA to assess impact of deregulating petrol margins

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has tasked the Oil and Gas Regulatory Authority (Ogra) with assessin...

Ogra recommends cut in oil prices

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Thursday recommended up to Rs2.72 per litre reductio...

Pakistan GDP growth exceeds expectations: SBP

ISLAMABAD: The country’s Gross Domestic Product (GDP) grew by five per cent during the first quarter of the cu...

Govt Earns 23pc More from Oil and Gas Sector

ISLAMABAD: About 23 per cent increase in six oil and gas related taxes and a substantial budget surpluses b...

MPNR seeks introduction of new petrol prices mechanism

ISLAMABAD: Petroleum Ministry has recommended the Economic Coordination Committee (ECC) to set up a mechanism for reviewing prices of ...

12 petroleum exploration accords signed

ISLAMABAD: The Ministry of Petroleum and Natural Resources on Monday signed petroleum concession agreements and exploration licences i...

LNG import solution to energy crisis

ISLAMABAD: Petroleum minister Shahid Khaqan Abbasi said   on Monday   that LNG import offers a possible solution to the energy crisis ...

CNG sector reacts sharply to minister’s statement

  ISLAMABAD: The CNG sector has reacted sharply to a statement by Petroleum Minister Shahid Khaqan Abbasi that gas will not be available...

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