Tag: Oil
Byco opens 25-metre deep oil terminal in Balochistan
Byco has achieved yet another historic milestone by bringing the first ever oil tanker to its newly-established deep sea Single Point Mooring (SPM) facility...
CNG crisis may affect outcome of elections: IWCCI
The Islamabad Women's Chamber of Commerce and Industry (IWCCI) on Sunday said that CNG pricing issue is being delayed deliberately to please the hierarchies...
OGRA sends new CNG pricing formula to ECC
Two days after the Supreme Court (SC) orders, the Oil and Gas Regulatory Authority (OGRA) on Sunday sent the compressed natural gas (CNG) pricing...
APCNGA asks OGRA to announce interim CNG sale price
The All Pakistan CNG Association (APCNGA) on Saturday asked the Oil and Gas Regulatory Authority (OGRA) to announce interim CNG sale price to save...
‘We’ve carved out a beauty!’
Oil and Gas Development Company Limited (OGDCL) in joint venture with Government holding Pvt Ltd (GHPL) has discovered gas reservoirs bearing zone from its...
PSO-PNSC partnership to help save $25 million annually
Pakistan State Oil (PSO) has recently signed a Contract of Affreightment (CoA) with the Pakistan National Corporation (PNSC) to transport furnace oil from foreign...
Oil prices dip on profit-taking, fiscal cliff deal concerns
Oil prices fell in Asia on Friday, with traders taking profits after a recent rally and as US politicians continue to wrangle over a...
Petrol prices slashed
On recommendations of the Finance Ministry, the Petroleum Ministry on Friday approved a downward shift in the prices of petroleum products. The new prices...
SC tells OGRA to put people first
The Supreme Court on Friday announced its reserved judgment in the compressed natural gas (CNG) pricing case, directing the Oil and Gas Regulatory Authority...
Crude up in Asia on China demand hopes
Oil was up in Asia Monday on trader expectations of a hike in Chinese crude demand after a key survey showed its manufacturing activity...
Global shares fall on US fiscal worry; oil up on China
China's vast manufacturing sector expanded in early December at the fastest pace in 14 months as new orders and employment rose, a survey showed,...
Oil prices higher in Asian trade
World oil prices extended gains in Asian trade Wednesday on supply concerns after the OPEC cartel reported a drop in crude production last month.
New...
LPG price reduced by Rs 85
The Oil and Gas Regulatory Authority (OGRA) reduced the price of Liquefied Petroleum Gas (LPG) by Rs 85 bringing the price down to Rs...
PEORA-FOSFA trade seminar on 11th
Pakistan Edible Oil Refiners Association (PEROA) in collaboration with Federation of Oils, Seeds and Fats Association Limited (FOSFA) is organising a two-day seminar on...
Oil prices fall on US data, fiscal cliff woes
Crude prices fell in Asia Tuesday after data showed US manufacturing activity contracted last month, while dealers grow concerned at the lack of progress...
OGRA approves increase in gas prices
The Oil and Gas Regulatory Authority (OGRA) on Saturday approved an increase in gas prices for domestic, industrial and CNG consumers. The authority approved...
NA body gives December 5 deadline to resolve CNG crisis
The National Assembly’s Standing Committee on Petroleum and Natural Resources on Wednesday directed the Petroleum Ministry to intervene and mediate between the Oil and...
