OGRA takes notice of reports regarding surges in LPG prices

ISLAMABAD, Mar 13 (APP):The Oil and Gas Regulatory Authority (OGRA) has taken notice of market reports regarding a surge in LPG prices, despite ample stocks of LPG molecules being sufficiently available in the country. Initial scrutiny of the matter reveals that hoarding of LPG stocks is the primary cause of the artificial increase in LPG… Continue reading OGRA takes notice of reports regarding surges in LPG prices

GSP carries out 9,628 L-KMs 2D & 3,531 Sq-KMs 3D seismic surveys in three years

OGDCL carries out 221 Line-km 2D seismic surveys in 1st quarter of FY 2022-23

ISLAMABAD, Dec 22 (APP):Oil and Gas Development Company Limited (OGDCL), during the first quarter of the current fiscal year, carried out 221 Line-km 2D and 21 Square-KM 3D seismic surveys in its various operational areas to discover hydrocarbon reserves. “The acquired 221 Line km of 2D seismic data and 21 Sq. km of 3D seismic… Continue reading OGDCL carries out 221 Line-km 2D seismic surveys in 1st quarter of FY 2022-23

Prime Minister rejects OGRA’s proposal to increase POL product prices

OGDCL posts Rs112.044 bln profit in third quarter of FY 2021-22

Kawagarh oil, gas discovery to help meet growing energy needs: Farrukh

ISLAMABAD, Jul 30 (APP):Minister of State for Information and Broadcasting Farrukh Habib said on Friday that the new discovery of oil and gas at Kawagarh in Khyber Pakhtunkhwa would help meet ever-growing energy needs of the country. In a series of tweets, he said it was the first discovery made by the Oil and Gas… Continue reading Kawagarh oil, gas discovery to help meet growing energy needs: Farrukh

Rs649.908 million released for 13 petroleum sector projects

ISLAMABAD, Jul 30 (APP):The government has so far released an amount of Rs649.908 million to execute seven ongoing and six new petroleum-related projects under the Public Sector Development Programme (PSDP 2021-22) aimed at accelerating oil and gas exploration activities and achieving self-sufficiency in the energy sector. According to the official data as of July 16,… Continue reading Rs649.908 million released for 13 petroleum sector projects

Forensic audit team formed to analyze dry/shut-in oil, gas wells

ISLAMABAD, Nov 10 (APP): Amid fast depletion of existing hydrocarbon deposits and increased energy demand, the Petroleum Division has constituted a team to conduct a forensic audit of the dry/shut-in wells drilled in different parts of the country by oil and gas Exploration & Production (E&P) companies. “A four-member core committee has been constituted under… Continue reading Forensic audit team formed to analyze dry/shut-in oil, gas wells

Tag: Oil And gas