Tag: Petroleum

Correct cost of Machike project of Hascol Petroleum Limited

In the press release titled ‘Hascol builds strategic oil installation for organized petroleum infrastructure’ published on different dates in several local newspapers, the cost...

Petroleum prices slashed by Rs 4.51

Nominal relief of 0.34 paisas in petrol price, HSD price cut by Rs 4.51   Government decided to cut petroleum prices by up to Rs4.51 per...

Govt formulating new petroleum exploration policy to address the energy crisis,...

Prime Minister Muhammad Nawaz Sharif has said that the government is formulating a new petroleum exploration policy as well as tight gas‚ low BTU...

Production of petroleum products surges by 15.21pc in 11 months

The production of petroleum products rose by 15.21 percent during the first 11 months of the fiscal year (FY) 2012-13, against the subsequent period...

Petroleum ministry refuses to account for billions in tax money

The Petroleum Ministry has refused to account for billions of rupees it received for fuel-related expenditures. It refused to hand over the record to...

Petroleum production increases 11.48% in 8 months

Production of petroleum products increased 11.48 percent during the first eight months of the current fiscal year as compared to the same period of...

Petroleum production increases 11.48% in 8 months

Production of petroleum products increased 11.48 percent during the first eight months of the current fiscal year as compared to the same period of...

Petroleum Ministry refuses to remove 2 MDs despite ECP orders

The Ministry of Petroleum has refused to remove the Managing Directors (MDs) of Sui Northern and Sui Southern from their offices despite orders of...

Energy crisis pushing country to the dark ages: PEW

The Pakistan Economy Watch (PEW) on Thursday said Pakistan continues to march towards dark ages in the absence of any concrete effort to resolve...

Ashraf for accelerated efforts to explore oil, gas

Prime Minister Raja Pervez Ashraf has said that challenges should be turned into opportunities in order to accelerate the exploration efforts for oil and...

Family injured in cylinder blast incident

Five members of a family including three children sustained burn injuries after a liquefied petroleum gas (LPG) cylinder exploded in the kitchen of a...

Govt has energy solutions in the pipeline

Despite various challenges, the Ministry of Petroleum and Natural Resources is working on several fronts to meet the country’s growing energy requirements. As part of...

‘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...

LPG price goes up by Rs 10 per Kilogramme

Liquefied Petroleum Gas (LPG) marketing companies hiked prices by Rs10 per kg on Thursday. LPG distributors association Chairman Irfan Khokhar announced the decision on...

Raise in gas tariff from Jan 1 proposed

The Ministry of Petroleum has prepared a proposal to increase gas tariff from January 1. Suggestions include increasing the tariff in all three slabs for...

10 persons arrested for selling stolen petroleum products

Crime Investigation Agency (CIA) of Islamabad Police has arrested ten persons for their alleged involvement in pilfering petroleum products, selling them in open market...

SC issues notices to petroleum secretary, OGRA chairman

The Supreme Court on Monday issued notices to the secretary of the Ministry of Petroleum and the chairman of the Oil and Gas Regulatory...