Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
In its weekly revision of petroleum prices, the government has dropped another petrol bomb on poverty-stricken masses, by increasing prices of petroleum products up to seven rupees. Taking effect from September 17 (Today), the Oil & Gas Regulatory Authority (OGRA) has notified the change of petroleum products prices once again. Earlier, the ministry of finance […]
Islamabad: (Thursday, August 16, 2012) Ministry of Finance has released Rs 10 billion for urgent financial recovery of an ailing PSO marred by circular debt at the hands of the Independent Power Producers (IPPs). The payment has been made on demand of the Ministry of Water and Power for the payment of fuel debt. According […]
Islamabad: (Friday, August 03, 2012) responding to the hues and cries of the public that has resorted to violent demonstration across Pakistan, the government has decided to release Rs 10 billion to the Ministry of Water and Power for making payments against due to Pakistan State Oil (PSO) and independent power producers (IPPs). According to […]
With the rise in mercury level, the power shortfall continues to plague the country as electricity shortfall has risen to 7,000 megawatts (MW) that resulted in increase in unannounced load shedding across the country. PSO has reduced fuel supply to IPPs and power houses due to which electricity is being generated around 10,000 MW while […]
Power shoratges continue to rise in the country – Pakistan oil and gas news Crisis in Pakistan, the authorities continue to pursue energy deficit grew to a record 8200 mega watts (MW), a famous news source reported on Wednesday. Currently, electricity is 8200 MW, while demand is 16,400 MW during the day. The deficit attributed […]
Government hoping to trade petrochemicals with India – Pakistan oil and gas news Oil Minister Hussein Asim said on Monday that there is potential for trade in oil products between India and Pakistan, which is interested in importing heating oil and diesel fuel from a neighboring country. The start of negotiations in this area would […]
Indian and Pakistan companies sign on TAPI deal – Pakistan oil and gas news Turkmen officials have stated that the proposed pipeline could carry 1000000000000 cubic meters of gas over 30 years, or 33 billion cubic meters a year. "After more than 20 years of diplomacy, 1,800 kilometers of gas pipeline, which connects one of […]
Tussle between power companies and oil supplier may worsen the energy crisis Islamabad: (Wednesday, May 23, 2012) A lingering tussle between the power companies and the major oil supplier of the country over advance payments may aggravate the energy crisis in the country as power producers have lately become reluctant to buy petroleum products by […]
Blowout Preventor case study – oil and gas industrial lessons In the past, the oilfields were precarious and dangerous places. The workers known as oilmen had to wait outside the well and when the oil was struck, they allowed the of gas and oil gust out of the well. Then they waited further till the pressure dropped enough in order […]
OGRA must take required actions, APCNGA – Pakista oil and gas news All Pakistan CNG Association (APCNGA) has asked the Government to take measures to address Oil and Gas Regulatory Authority (Ogra), which approved the reduction in gas prices up to 47 rupees per million British Thermal Unit (mmBtu). Ghiyas Abdullah Paracha, Chairman of the […]
OGDCL has a lot on its plate – oil and gas new pakistan The National Assembly of the legislature on Friday showed his displeasure for violations in the Oil and Gas Development Company Limited (OGDCL) and directed MD OGDCL to give a full report on this issue at the next committee meeting. Meeting of the […]
Turkeminstan supply gas on cheap rates – Pakistan oil and gas news India will purchase gas from Turkmenistan at a price indexed to oil, a cheap byproduct of oil refining, but not soggy, which makes imports more expensive than domestic supplies. The Cabinet on Thursday approved a standard contract for the purchase of Turkmen gas […]
