Posts tagged as: oil

More oil and gas discoveries are need, Petroleum Minister – Pakistan oil and gas sector update

More oil and gas discoveries are need, Petroleum Minister – Pakistan oil and gas sector update PAKISTAN- Minister of Petroleum and Natural Gas Reserves, Muhammad Ejaz Chaudhary has said that Pakistan will need to discover more oil and gas reserves to cope with the demanding challenges of winter in the future. The population of the […]

KESC to be paid the price differential for continuous power supply – Pakistan oil & gas sector update

KESC to be paid the price differential for continuous power supply – Pakistan oil & gas sector update PAKISTAN: It has been learnt from reliable sources that federal government of Pakistan will be providing billions of rupees to Karachi Electric Supply Company (KESC) to balance the difference in furnace oil and gas prices that ensured […]

Oil prices drop more than $3 a barrel – World oil and sas sector update

Oil prices drop more than $3 a barrel – world oil and gas sector update Pakistan: Oil prices were seen falling more than $3 per barrel on Tuesday after a decision by Greece to call a referendum over its debt bailout threw the euro zone into crisis and as data showed global economic activity was […]

China and India eager to get Afghan oil and mine contracts

It was announced by the Afghan mining minister that Chinese and Indian bidders and in the front line for deals to mine Afghanistan’s rich iron ore and oil deposits. The official further cited it was worrying for him that the Western companies are still reluctant to invest in a war-stricken country like Afghanistan. The country’s […]

Why NATO attacked Libya? Exposing the treachery of the West

Why NATO attacked Libya? Exposing the treachery of the West  Libya has been bombed by NATO over the weeks as general public comes to terms with the reasons outlined for the attack. Justifications ranging from right of free speech, sovereignty of democracy and safeguarding the masses from oppression of the tyrant ruler have been given […]

Oil prices stable as traders track eurozone, Libya

Oil prices stable as traders track eurozone, Libya As investors look to upcoming summits at resolving the European debt crisis, the prices of Oil steadied at the end of last week. The analysts are of the view that the death of Moamer Kadhafi will have very limited effect on the oil and gas markets. It […]

Energy Crisis in Pakistan: Part One

Energy Crisis in Pakistan: Part One The nexus between economic prosperity and self sufficiency in energy has become essentially vital for Pakistan. Today the energy crisis looming before us is the culmination of a long list of governmental failures, malpractices along with inefficient ways of consumption and a perpetually fragile economy. The futility of apparent […]

The Cost of a life; the reality behind Afghan-Iraq War.

The Cost of a life; the reality behind Afghan-Iraq invation. ‘There will be blood’, a movie, released back in 2008, an epic American nightmare, arrives belching fire and brimstone and damnation to hell. Set against the backdrop of the Southern California oil boom of the late-19th and early-20th centuries, it tells a story of gluttony […]

All MD’s sacked in oil and gas sector; Energy crises in Pakistan

All MD’s sacked in oil and gas sector; Energy crises in Pakistan ISLAMABAD – With energy crisis continuing to build in the country, the government has finally come up with some sort of policy to cut down the expenses. In a meeting between Prime Minister Yousuf Raza Gilani and his adviser on Petroleum and Gas […]

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