Tag: Oil
US holds Libyan talks, rebels claim oil town’s capture
Libyan rebels claimed they had wrested control of the strategic oil refinery town of Brega, as a US official confirmed American envoys had met...
Oil and gas production remained flat in FY11
Challenging security environment, notorious circular debt and delay in few projects due to litigation have adversely affected country’s hydrocarbon production activities in FY11, said...
2 die in firing on NATO oil tanker
Indiscriminate firing on a NATO oil tanker on Monday led to the death of two persons including the driver in a suburb of Quetta....
FY11 saw 3.1pc decline in oil sales
Despite increasing energy demand in the country, complimented with a severe gas shortage, the oil consumption in Pakistan witnessed a slump of 3.1 per...
Mysterious oil spills cause several road accidents
Dozens of vehicles skidded violently on the bridge of Hassan Square Interchange during the wee hours of Monday as the entire left lane was...
Oil, gas and fertiliser sectors lucrative for investors
The stock exchanges of the country are facing bearish trends due to liquidity crunch and political unrest but despite this, the investors and analysts...
Oil prices slide after recent bounce
World oil prices slid on Thursday on profit-taking after soaring the previous day on easing concerns over Greece and signs of strengthening energy demand...
Local oil prices surged by up to 60 per cent in...
The prices of crude oil on international and local markets remained higher during the concluding financial year 2011is mainly linked by analysts to the...
Oil dives close to four-month low
New York oil prices sank close to a four-month low on Monday as traders eyed a deepening Greek debt crisis, stronger dollar and resurgent...
One dead as NATO oil tanker torched in Quetta
Gunmen torched an oil tanker carrying fuel for NATO troops in Afghanistan after killing its driver in Balochistan on Sunday, police said. Four people...
World price drops
U.S. crude oil settled at $99.29 a barrel, down $2.64, after earlier falling to a session low at $98.60. Brent crude settled 79 cents...
‘Electric Power Dept is creating Sindh’s own structure for oil and...
The Sindh government has actively initiated the process of creating its own structure for oil and gas in view of the 18th Constitutional Amendment...
NATO oil tanker blown in Torkham
Some unidentified miscreants blew up a NATO oil tanker in Torkham area on Friday. According to the media reports, the tanker caught fire...
Helicopter service to explore oil fields in Pakistan
A helicopter service is to be started soon for the exploring sites and oil fields, Pakistan Today has learnt. The service would be available...
PM directs to take measures for regular oil supply in country
Taking notice of petrol shortage in different parts of the country, Prime Minister Syed Yusuf Raza Gilani has directed the Secretary Petroleum to take...
Govt sets oil bill target at $12 billion
The recently announced federal budget remained a non event for the oil and gas sector, with status quo maintained for both the deemed duty...
UK to help Pakistan develop oil and gas sector
Experts of UK will help Pakistan in developing the oil and gas sector, with special focus on the extraction of natural gas from shales.
Minister...