ISLAMABAD - World's largest Oil and Gas Companies consortium makes big entry into Pakistan with the award of the five new mega LNG terminals across the country. Pakistan has given the go-ahead to five consortiums, including Exxon Mobil, Royal Dutch Shell and Mitsubishi, to progress with their ...

*ISLAMABAD: *The government has an open door policy for investment, said Special Assistant to Prime Minister (SAPM) on Petroleum Nadeem Babar. In a meeting with Italian Ambassador to Pakistan Stefano Pontecorvo, who called on him on Friday, Babar assured complete cooperation and facilitation to ...

ISLAMABAD - Federal Minister for Petroleum Ghulam Sarwar Khan says government wants to minimize the burden of increased gas prices on masses. Addressing a news conference in Islamabad Friday afternoon, the Minister said the increase was minimal for the poorer segments of society. The increase of ...

ISLAMABAD (APP): Oil and Gas Exploration and Production (E&P) companies operating in different parts of the country drilled 319 wells and made 91 finds during the last three years.OGDCL produced Rs 99 billion oil, gas from KP"In a period of three years, around 319 wells were drilled in different ...

ISLAMABAD (APP): The Ministry of Petroleum and Natural Resources is in the process to award 32 new blocks to oil and gas exploration companies operating in different parts of the country."Under the petroleum policy 2012, 46 new blocks have already been awarded, while the clearance process has been ...

ISLAMABAD (APP): Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGL) will give 412,058 new gas connections and spend around Rs 71 billion to execute different development projects across the country during the current fiscal year. "It is expected that gas will be ...

ISLAMABAD: (APP) Government on Friday decided to increase petroleum prices from August while on the other hand gas companies also demanded an increase in gas prices.The summary in this regard had been sent to Finance Ministry. Petrol by Rs 2.12, High-Speed Diesel Rs 0.26 while Kerosine will be ...