Pakistan plans offshore oil exploration after 20 years
Pakistan will launch offshore oil and gas exploration later this year for the first time in nearly two decades, Petroleum Minister Ali Pervaiz Malik said on Tuesday, as the government…
Pakistan: Fund created to mitigate oil price shocks
The government on Monday notified a new head of account to establish a price stabilisation fund for petroleum products, following a June 5 decision by the federal cabinet. “All proceeds…
Pakistan: OGDCL starts production from Bobi Deep-1 at 2,000 bpd in Sindh
Company says 1.5 km flowline enabled early production from Sanghar discovery; AKD Securities estimates annualised earnings impact of Rs1.19 per share on FY27 EPS The Oil & Gas Development Company…
Pakistan Government maintains fuel prices at the current level for next week.
Petrol remains Rs299.5 while high-speed diesel is Rs311.47 Photo: Express News The federal government on Friday kept the prices of petrol and high-speed diesel unchanged from the current level for…
Pakistan: $4.5bn refinery planned in Hub
Pakistan is set to establish its first deep-conversion greenfield refinery project in Hub, Balochistan, involving an investment of $4.5 billion and the creation of around 2,000 jobs. SPEC Refinery Pvt…
New oil & gas discoveries boost Pakistan’s energy reserves in 2025
Pakistan’s hydrocarbon outlook strengthened in 2025 following a series of new oil and gas discoveries, which have helped extend the country’s reserve life and partially offset the impact of ongoing…