Gas
Petroleum and OGDCL object MD Mari hiring
Aftab Ahmed Islamabad: The Petroleum Division and Oil and Gas Development Company Limited (OGDCL) have objected direct hiring of managing director of Mari Petroleum without following…
Oil
Oil
CEO Shell Pakistan admits OMCs manipulation
Aftab Ahmed Islamabad: Chief Executive Officer (CEO) Shell Pakistan Haroon Rashid has admitted the manipulation of Oil Marketing Companies (OMCs) through small traders and dumping products…
Oil
ECC approves fortnightly oil pricing mechanism
Aftab Ahmed Islamabad: The Economic Coordination Committee (ECC) on Tuesday approved a fortnightly oil pricing mechanism based on Platts average. The sub-body of ECC recommended fortnightly…
Gas
Sitting Members rejected for chairman OGRA
Muhammad Afzaal Islamabad: While rejecting current members’ regulators, the selection committee has shortlisted five candidates who have questionable credentials for the post of chairman of Oil…
Oil
PM office okays three candidates for MD Parco
Aftab Ahmad Islamabad: Prime Minister Imran Khan has given the go-ahead to submit a summary with two names in a race for new head Pak Arab…
Oil
OGRA officials among candidates in race for Chairman
Aftab Ahmed Islamabad: A high-powered selection committee under the chair of newly re-designated Advisor to Prime Minister on Interior, Shehzad Akbar along with his five-member team…
Oil
Is HASCOL’s loss of Rs25 billion in 2019 engineered?
Aftab Ahmed Islamabad: Hascol Petroleum Limited (HASCOL) has reported loss due to a massive decline of volumes as a result of regulatory tightening by PSO. HASCOL…
Gas
Audit starts probe against OGDCL
Aftab Ahmed Islamabad: Director General (DG) audit on petroleum has started a probe against managing director Oil and Gas Development Company Limited–OGDCL–for acquiring idle land in…
Gas
Delay in offloading RLNG ship: PSO pays hefty amount of $700,000 demurrages
Aftab Ahmed Islamabad: LNG is a sweet business for LNG terminals operators, operators, power plants and even shipping companies when it comes to making money on…
Oil
From Perks to Production: OGDCL Management Shifts Priorities
News Desk Islamabad: The Oil & Gas Development Company Limited (OGDCL) — Pakistan’s largest state-run oil and gas explorer has shifted its focus on optimizing oil…
