Tag: Petroleum
5.839 billion rupees!
The incumbent government has collected Rs 5.839 billion federal excise duty on petroleum products during 2011-12 from Rs 5.120 billion in previous years with...
POL, CNG prices likely to go up
The prices of petroleum products and CNG are likely to be raised again from October 15.
According to OGRA sources, the price of petrol is...
‘PIP to serve as a think-tank for oil and gas sector’
Dr. Asim Hussain, Minister/Advisor to the Prime Minister on Petroleum & Natural Resources, has stressed upon the Exploration & Production Companies operating in Pakistan...
Petroleum prices likely to increase by midnight
Continuing its fickleness with regards to petroleum pricing policy, it is likely that the government will push oil prices up by Rs. 3 per...
ECC approves import of LNG, 200,000 MT of sugar export
The Economic Coordination Committee of the Cabinet approved import of LNG along with given framework as proposed by Ministry of Petroleum and Natural Resources.
The...
Thousands protest against Malaysia petroleum hub
Thousands rallied in southern Malaysia on Sunday against a government-backed $56-billion petroleum hub they say will force thousands out of their homes and damage...
Govt decreases petroleum prices
The government has decreased the petroleum prices by Rs 6 per litre from October 1st.
The Oil and Gas Regulatory Authority (OGRA) had sent a...
E&P Companies make significant oil and gas discoveries: Dr Asim
Dr. Asim Hussain, Minister for Petroleum & Natural Resources has expressed confidence that the new Petroleum (Exploration & Production) Policy 2012 provides significant incentives...
Govt approves increase in POL prices
The finance ministry has approved increase in the petroleum prices by Rs6.82 per litre.
After the approval, the new prices will be as under:
Petrol Rs106.72...
Pakistan Petroleum targets 30 percent of oil blocks in auction
Pakistan Petroleum, the nation’s second-biggest explorer, expects to win 30 per cent of the oil and gas blocks the government plans to auction as...
ICCI lashes Petroleum Ministry on no standards for refinery industry
The world is moving towards Euro-7 grade fuel and we are still not producing EU-1 compliant fuel, causing serious environment hazard damage to engines...
‘1 more bcf gas by 2013’
PM’s Advisor on Petroleum and Natural Resources Dr Asim Hussain said that 1 billion cubic feet (bcf) of natural gas per day from different...
Rulers are following foreigner’s agenda:Imran
Pakistan Tehreek-e-Insaf chairman Imran Khan has rejected the rise in the petroleum products and said that those who gained power under the notorious deal...
Petroleum policy 2012 is here!
The government on Monday announced the Petroleum Exploration and Production Policy 2012, which in the Petroleum Advisor’s words, would help achieve maximum self-sufficiency in...
ECC okays weekly revision of petroleum prices
Despite tough opposition from Oil and Gas Regulatory Authority (OGRA), the Economic Coordination Committee (ECC) of the Cabinet has allowed to determine oil prices...
NA Body displeased with performance of Petroleum Ministry
National Assembly Standing Committee on Inter-provincial Coordination has expressed displeasure on the performance of Ministry of Petroleum and directed it to re-appoint employees of...
NA body directs OGRA to withdraw hike in petroleum products
The National Assembly legislative body on petroleum and natural resources has directed the Oil and Gas Regulatory Authority (OGRA) and Ministry of Petroleum to...
