Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
UEG investing another $200 million into its Pakistani projects – Oil and gas news update United Energy Group (UEG) Limited, Oil and gas company listed on the Hong Kong Stock Exchange has increased its capital cost investment for its assets in Pakistan’s $ 200 million for operating and exploration. Additional investment has increased the daily […]
OGRA hoping to explore more oil resources within the country – Pakistan oil and gas news Ogra executive director of Zain-ul-Abidin told the briefing that the panel of annual oil consumption of Pakistan "was more than 20 million barrels, of which 40 percent is processed locally, while 60 percent is imported. He said that local […]
PPL looking for more energy resources – Pakistan oil and gas news Since the energy crisis hit the economy causes a loss of $ 64000000000 in the last four years, the government should give priority to government and industry through the use of all energy sources, including imports of gas and coal industry and ensure […]
NA body proposes measures to check corruption in the OGRA Part 2 – Pakistan oil and gas news Ogre executive director of Zain-ul-Abidin told the briefing that the panel of annual oil consumption of Pakistan "was more than 20 million barrels, of which 40 percent is processed locally, while 60 percent is imported. He said […]
NA body proposes measures to check corruption in the OGRA Part 1 – Pakistan oil and gas news Islamabad: National Assembly Standing Committee on Petroleum and Natural Resources on Thursday recommended that the federal government or create a new Ministry of Oil and Gas Regulatory Authority (OGRA), making it completely independent of and under the […]
Private Equity investing in oil and gas – Part 4 – Oil and gas news Oil PwC, and gas M & analysis of the quarterly report announced U.S. transactions with a value of more than $ 50 million analyzed by PwC using transaction data of IHS Herold. For the three months ended March 31, 2012, […]
Private Equity investing in oil and gas – Part 3 – Oil and gas news According to PwC, there were 13 transactions with a value exceeding $ 50 million related to the shale plays in the first quarter of 2012, total $ 8.4 billion, or 28 percent of the total value of the transaction. The […]
Cumberland Oil & Gas Ltd.announces review of its strategic process – oil and gas news Cumberland Oil & Gas Ltd. (TSX VENTURE: COG) announced that the Board of Directors began a process to identify, study and consider a number of strategic alternatives for the company to enhance shareholder value. Strategic alternatives may include, but are […]
Pakistan’s Petroluem Policy is golbally competative – Pakistan oil and gas news Pakistan has been seven previous oil policies in the past two decades, between the policy of successive provide more incentives to potential investors. The crude oil production meets only about 20 percent of domestic demand, and the most abundant gas production has been […]
PSO wants power companies to buy oil on cash Thursday, April 26, 2012: Pakistan State Oil (PSO) has decided to stop the supply of oil to power companies on credit basis as the amount due is set to cross the Rs200 billion mark. The Ministry of Petroleum and Natural Resources has asked the Ministry of […]
Pakistan State Oil profits plunge by 3% Monday, April 23, 2012: Pakistan State Oil (PSO) profits took a dive by 3% and now stand at Rs8.97 billion. The reason behind the decline in profits in the first nine months of fiscal year 2012 is being accredited to increase in tax rate. The government’s cut in […]
KAPCO profits plunge by 17 percents due to rise in circular debts Wednesday, April 18, 2012: KAPCO (Kot Addu Power Company) has seen its profits decline in current fiscal year. As per calculations, the company’s profits have plunged by 17% to Rs4.36 billion due to rise in circular debts. The country’s second largest power producer’s […]
