In Pakistan, there has been an increase in the production of oil and gas throughout the country, with the Pakistan Petroleum Institute (PPI) and the industry releasing statistics. During the week ending on August 31st, the average oil production in the country reached a record of 69,938 barrels per ...

ISLAMABAD: Special Assistant to Prime Minister (SAPM) on Petroleum Nadeem Babar Friday said gas production in the country was witnessing five to seven percent decrease as the previous government awarded no oil and gas exploration blocks during its five-year tenure. “Energy is an essential ...

ISLAMABAD:The Oil and Gas Development Company (OGDCL) is confident to meet the drilling target set for the year 2017-18 with an ambition to make the country self-sufficient in hydrocarbon reserves. During first quarter of the current year, the injected five new wells producing 4,133 barrels crude ...

ISLAMABAD: (APP) Economic Coordination Committee (ECC) of the Cabinet here on Tuesday decided to maintain wheat support price at Rs. 1,300 per 40 kg for crop season 2016-17.The ECC which met here with Minister for Finance Mohammad Ishaq Dar in chaired also approved extension in the export of wheat ...

ISLAMABAD (APP): The Economic Coordination Committee of the Cabinet (ECC) here on Friday accorded approval to the reduction of gas price for industrial sector from Rs 600 to Rs 400 per MMBTU.The ECC met here under the chairmanship of Minister for Finance Senator Mohammad Ishaq Dar ...

ISLAMABAD: Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi has said that hundred percent increase will be made in the natural gas production by the end of next year.Petroleum production witnesses increase in PakistanIn an interview with PTV on Thursday night, he said that by the ...

ISLAMABAD (APP): The state-owned companies OGDCL and PPL are giving final touches to their joint strategy for a pilot project to drill Shale gas and oil wells in different parts of the country, espcially Balochistan."Preparations are in the final phase. The project draft will be submitted to the ...