Tag Archives: oil

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 …

Pakistan: Average sector wise natural gas consumption (July-Feb FY 2018) Sector Gas Consumption in MMCFD RLNG Total Power 936 401 1,337 Domestic 860 – 860 Commercial 88 – 88 Transport (CNG) 138 53 191 Fertilizer 613 7 620 General Industry …

Oil and Gas Development Company (OGDCL) holds the largest exploration acreage in Pakistan which showing the 27 percent of the country’s total area under exploration during March 2018. During July 2017-March 2018, OGDCL continued with its seismic data activities acquiring …

International oil experts calculated that worldwide oil demand to increase by almost 1.45 million bpd during 2019, following predicted growth of 1.65 million bpd for 2018. It is also said that this year, total world oil consumption is predicted at …

This article is part of the World Economic Forum’s Geostrategy platform Over half of the world’s least developed and lowest income countries are currently exploring for oil and gas or hoping to expand existing production. Yet tightening climate policies and shifting …

According to the provisional statistics of the Pakistan Bureau of Statistics (PBS), imports into Pakistan during May, 2018 amounted to Rs671,212 million (provisional) as compared to Rs589,741 million (provisional) during April, 2018 and Rs530,620 million during May, 2017 explaining a …

Donald Trump’s decision to unilaterally pull the US out of the Iran nuclear deal doesn’t just have important political and security implications. Because sanctions are at the heart of the deal, it will also have a significant economic impact. Just …

Donald Trump’s decision to unilaterally pull the US out of the Iran nuclear deal doesn’t just have important political and security implications. Because sanctions are at the heart of the deal, it will also have a significant economic impact. Just …