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Huge Reserves of shale gas and oil identified in Pakistan by USAID, government finalised policy to exploit sources

News Desk
2019-07-06

*ISLAMABAD*: The government is in the process of finalising a policy toexploit massive shale gas and oil reserves that were...

In a respite for Economy, Pakistan hydrocarbon imports reduce while exports increase

News Desk
2019-01-02

LAHORE- In a respite for Pakistan economy, the imports of hydrocarbon havereduced while the exports have been increased in the...

International oil prices hit a new low

News Desk
2018-11-30

LONDON: One of the world’s major oil contracts, New York´s WTI, slumpedunder $50 per barrel on Thursday, reaching the lowest...

PTI government may have to face yet another economic blow

News Desk
2018-10-19

ISLAMABAD – PTI government may have to face economic nightmare scenario ifthe current prices of oil remain at same level...

Pakistan gets an offer from friendly country for open credit line for petroleum products

News Desk
2018-10-12

*ISLAMABAD – Pakistan gets an offer from the friendly country for an opencredit line for petroleum products.* *Pakistan is offered...

How 9 billion oil refinery in Gwadar can change Pakistan’s economic destiny?

News Desk
2018-10-04

*ISLAMABAD – Saudi Arabia has agreed to build an estimated $9 billion, oneof the largest oil refineries in the World...

Pakistan economy may hit worst blow as nightmare scenario predicted

News Desk
2018-09-24

ISLAMABAD – Pakistan economy may face a worst blow and nightmare likescenario as the oil prices in the international market...

Has Pakistan actually discovered oil reserves more than the total reserves of Kuwait?

News Desk
2018-08-09

ISLAMABAD: The Energy ministry has negated caretaker foreign minister’stall claim of discovering huge oil reserves reportedly bigger than Kuwait’sin Pakistan...

Government confident of huge oil discovery near Iranian border

News Desk
2018-08-05

ISLAMABAD – Caretaker Minister for Maritime Affairs and Foreign AfairsAbdullah Hussain Haroon said that Exxon Mobil has drilled up to...

Oil Prices dip in the international market

News Desk
2017-05-12

NEW YORK – Oil prices fell modestly on Friday, pulling back after two days of gains, as concern over US production...