Tag Archives: oil

Saudi Arabia has pushed oil production to an all-time high, causing the price of oil to drop to $50 per barrel. The United States produces the greatest volume of oil in 2017, totaling 571 million tons of oil in 2017. Saudi Arabia and Russia came …

No doubt, shy investment in oil and gas sector and the security concerns in the province have been the key reasons for slower growth of the sector, but there is presumably another issue related to Iran’s reservation and concern over …

Pakistan’s premier oil Company, Byco Petroleum Pakistan Limited, launched their Green campaign to Make Pakistan Green Again on the nation’s 71st Independence Day at a special tree plantation ceremony held at the Urban Forest park in Clifton Karachi. Shaniera Akram, …

Pakistan witnessed an increase of around 80 percent in oil and gas exploration activities in different potential areas during the last four years. The government took a number of initiatives which resulted in drilling of over 179 exploratory and 194 …

Company is committed to expand by attracting national and international investors KPOGCL was incorporated as a Public Sector Enterprise (PSE) on 8th February, 2013 under Section 32 of the Companies Ordinance, 1984. Later, KPOGCL was declared as fully-owned Provincial Holding Company …

Overcoming the chronic energy shortage in Pakistan is going to be the huge challenge for the upcoming government, which will take oath this month after July 25 general elections. Time calls for opening up the resource-rich Balochistan for investments in …

Pakistan is a net oil importer and meets about 75 percent of needs through imports. Oil imports carry the heaviest weight in total imports of the country. Pakistan has a total refining capacity to process around 400,000 bpd or about …

The company was formed in January 1995 as a public listed company. It started its first oil refinery with a capacity of 30,000 barrels a day at Hub, Balochistan with commercial production starting from July, 2004. The capacity was later …

Interview with Mohammad Ibrahim Kasumbi — former Senior Vice President Karachi Chamber of Commerce and Industry PAGE: Kindly tell us something about yourself: Mohammad Ibrahim Kasumbi: I am in the business of distribution and marketing of Plastics and Petrochemicals for last 30 …

Development of indigenous hydrocarbon resources absolutely imperative for the sustainable economic growth New government should offer incentives to foreign E&P sector for more investment Need to aggressively pursue offshore drilling in the coastal belt of the Arabian sea Interview with …