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Pakistan’s petroleum products’ sale decline 18pc in March

By Mashhud Aslam 02-Apr-2019 02-Apr-2019 Energy

KARACHI: Pakistan’s petroleum products’ sales declined 18 percent YoY to 1.038 million tons during March 2019, dragged by 50 percent decline in Furnace Oil (FO)… Read more

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Total launches full-field production on Kaombo with the start-up of second FPSO

By Mashhud Aslam 02-Apr-2019 02-Apr-2019 World News

PARIS: Total S.A has started up production on Kaombo Sul, the second Floating Production Storage and Offloading (FPSO) unit of the Kaombo project, located on… Read more

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Landmark 10,000 barrels of Portland oil reached at Horse Hill

By Kazim Raza Rizvi 15-Mar-2019 19-Mar-2019 World News

LONDON: UK Oil & Gas PLC (UKOG) has announce that aggregate test production from the Portland reservoir at the Horse Hill oil field, in which… Read more

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Vitol Expects Oil to Rally as OPEC and Venezuela Cause Shortage

By Mashhud Aslam 25-Feb-2019 03-Apr-2019 Top Stories

The world’s largest energy trader says oil prices are set to rally further as OPEC output cuts and American sanctions on Iran and Venezuela cause… Read more

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Oil near 2019 highs amid OPEC supply cuts, but rising U.S. output weighs

By Mashhud Aslam 20-Feb-2019 03-Apr-2019 Top Stories

Oil prices hovered near 2019 highs on Wednesday, supported by OPEC-led supply cuts and U.S. sanctions on Iran and Venezuela, but capped by soaring U.S…. Read more

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OPEC wants formal alliance with Russia to manage global oil market – report

By Mashhud Aslam 07-Feb-2019 03-Apr-2019 Top Stories

Saudi Arabia and its allies in the Organization of the Petroleum Exporting Countries (OPEC) are reportedly trying to deepen partnership with Russia-led oil producers, seeking… Read more

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Gas & Oil Pakistan Ltd commissions terminal

By Mashhud Aslam 10-Jan-2019 10-Jan-2019 Energy

KARACHI: The Gas & Oil Pakistan Ltd has commissioned its state-of-the-art terminal at Mahmoodkot, Punjab in the vicinity of PARCO Mid-Country Refinery, which is the… Read more

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Ogra proposes upto 13.5pc decrease in petroleum prices

By Mashhud Aslam 29-Dec-2018 29-Dec-2018 Energy, Top Stories

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has recommended a reduction in petroleum prices by up to 13.5 per cent, keeping in line with… Read more

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Pakistan to fully exploit $4.5bn petroleum import facility

By Mashhud Aslam 27-Dec-2018 27-Dec-2018 Energy

ISLAMABAD: Finance Minister Asad Umar chaired a meeting of senior officials of Finance, Economic Affairs and Petroleum Divisions here on Thursday. The meeting reviewed the… Read more

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Lower oil prices bodewell for the economy but procrastination in IMF program stirs uncertainty

By Mashhud Aslam 12-Dec-2018 12-Dec-2018 Business & Finance, Top Stories

Consumption and import led robust economic growth in FY17 and FY18 was driven by loose monetary policy and an overvalued currency regime, which exposed Pakistan… Read more

Tag: oil

Pakistan’s petroleum products’ sale decline 18pc in March

Total launches full-field production on Kaombo with the start-up of second FPSO

Landmark 10,000 barrels of Portland oil reached at Horse Hill

Vitol Expects Oil to Rally as OPEC and Venezuela Cause Shortage

Oil near 2019 highs amid OPEC supply cuts, but rising U.S. output weighs

OPEC wants formal alliance with Russia to manage global oil market – report

Gas & Oil Pakistan Ltd commissions terminal

Ogra proposes upto 13.5pc decrease in petroleum prices

Pakistan to fully exploit $4.5bn petroleum import facility

Lower oil prices bodewell for the economy but procrastination in IMF program stirs uncertainty

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