Economy: rent-seeking through revolving doors In Pakistan, the risk reward mechanism on investment is lopsided, and that is one of the reasons for the low... Updated 03 Jan, 2024 02:58pm
Print PM forms body to resolve KP’s financial issues ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed to form a secretarial committee to resolve the... Updated 27 Dec, 2023 09:51am
Opinion Dilemmas: oil and gas policies Pakistan finds itself ensnared in the repercussions of short-sighted decisions within the oil and gas sector Published 15 Dec, 2023 03:12am
Markets OPEC blames ‘exaggerated’ demand concerns for oil price drop LONDON: OPEC on Wednesday said it remained cautiously optimistic about 2024 oil market fundamentals and blamed... Published 13 Dec, 2023 06:01pm
Markets OGDCL enhances oil, gas output in Sindh Oil & Gas Development Company Limited (OGDCL), the country’s largest hydrocarbon exploration firm, has revived... Published 12 Dec, 2023 03:10pm
World Spanish minister slams ‘disgusting’ OPEC push on fossil fuels DUBAI: Spanish ecology transition minister Teresa Ribera lashed out Saturday at an OPEC bid to block any phase-out... Published 09 Dec, 2023 12:43pm
World OPEC members push against including fossil fuels phase-out in COP28 deal DUBAI: OPEC members are pushing against attempts to include language on “phasing out” fossil fuels in a COP28... Updated 09 Dec, 2023 04:35pm
World COP28 opens with ‘historic’ launch of loss and damage fund Talks in Dubai come at a pivotal moment for the planet, with emissions still rising Caretaker PM Kakar will attend the World Climate Action Summit on December 1 and 2 Published 30 Nov, 2023 08:54pm
World Hundreds of new oil and gas projects approved despite climate crisis PARIS: More than 400 oil and gas projects were approved globally in the last two years despite calls to abandon all... Published 30 Nov, 2023 08:20pm
Markets PPL commences oil & gas production from Punjab Pakistan Petroleum Limited (PPL), a key supplier of natural gas in the country, has commenced production of... Updated 24 Nov, 2023 10:48pm
Markets Indian Oil to double Ennore LNG terminal’s capacity to 10mn tpy NEW DELHI: Indian Oil Corp, the country’s top refiner, aims to double the capacity of its liquefied natural gas... Published 24 Nov, 2023 02:40pm
Markets Oil prices steady ahead of OPEC+ oil production decision Global benchmark Brent crude oil hovered above $81 a barrel on Friday ahead of next week’s OPEC+ meeting, which... Updated 24 Nov, 2023 10:31pm
Markets Oil firms face ‘moment of truth’ in climate crisis: IEA PARIS: Oil and gas firms will face a crucial choice at UN climate talks next week between contributing to the ... Published 24 Nov, 2023 05:29am
Print Saudi Aramco, PSO, TAPI gas pipeline: Oil, gas issues now come under sharper SIFC focus ISLAMABAD: The Apex Committee (AC) of Special Investment Facilitation Council (SIFC) has directed Ministry of... Updated 17 Oct, 2023 08:54am
Markets Israel shuts down offshore Tamar gas field output JERUSALEM: Israel is suspending production at the Tamar gas field off its southern coast and will seek alternative... Published 09 Oct, 2023 05:10pm
Print OPEC leaders make case for fossil fuels at Riyadh climate event RIYADH: OPEC heavyweights said on Sunday oil and gas should not be stigmatised in the climate debate and that the... Updated 09 Oct, 2023 09:33am
Opinion Evolution, challenges, and prospects of oil and gas exploration sector Pakistan’s oil and gas exploration and production (E&P) sector has traversed a fascinating path since the ... Published 07 Sep, 2023 06:21am
BR Research MARI shines in FY23 FY23 has been a year of high prices, which meant growth in oil and gas E&P sector earnings. And then the local... Published 11 Aug, 2023 08:26am
Opinion Future drivers of country’s growth The incumbent government, in the very last leg of its tenure, has sowed the seeds of agriculture, mineral and mines,... Published 05 Aug, 2023 06:00am
Pakistan Pakistan, China committed to continued CPEC expansion: FO ISLAMABAD: Pakistan on Thursday said that – being a framework of regional connectivity – China-Pakistan Economic... Published 07 Jul, 2023 05:24am
Markets Oil industry should set carbon targets at COP28 VIENNA: The world’s oil and gas companies should set targets to cut greenhouse gas emissions by 2030 at the... Published 07 Jul, 2023 05:24am
Markets UAE climate chair urges oil firms to slash emissions PARIS: The Emirati oil executive chairing this year’s UN climate summit, Sultan Al Jaber, told private and national... Published 06 Jul, 2023 04:48pm
Opinion And now Hydrogen from Earth A new source of Hydrogen has been discovered recently. It has been named Natural/White Hydrogen. It is extracted... Updated 06 Jul, 2023 02:46pm
Markets Petroleum sector Rs1.5bn set aside under PSDP ISLAMABAD: The federal government allocated development funds of Rs1.5 billion under the Public Sector Development... Published 11 Jun, 2023 03:55am
Markets US oil may retest resistance $74.54 SINGAPORE: US oil may retest a resistance at $74.54 per barrel, a break above which could lead to a gain to... Published 29 May, 2023 11:05am
Markets Oil dips as rate hike bets offset US debt deal HOUSTON: Oil prices slipped on Monday, as worries over further interest rate hikes that could curb energy demand... Updated 29 May, 2023 09:57pm
Markets Iraq warned to end oil addiction to avoid ‘intensive care’ BAGHDAD: Oil-dependent Iraq has been warned its economy risks going into “intensive care” unless it diversifies in... Published 28 May, 2023 10:24am
Business & Finance Petronas says Malaysian anti-graft probe found no wrongdoing by the firm KUALA LUMPUR: Malaysia’s state oil firm Petronas said on Saturday an anti-corruption probe into the firm’s dealings... Published 27 May, 2023 10:25am
Markets Gas discovered in Dadu district, says PPL KARACHI: The Pakistan Petroleum Limited (PPL) has announced that gas has been discovered at the exploratory well... Published 04 Apr, 2023 03:24am
Business & Finance Activity in top US oilfields stall, outlook sours: Fed survey WASHINGTON: US oil and gas activity stalled in the first quarter as production gains slowed and drillers’ outlooks... Published 30 Mar, 2023 06:35am
