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…
Strait of Hormuz: Oil, LNG tankers en route to Pakistan, China.
Ship-tracking data showed three liquefied natural gas tankers passed through the Strait of Hormuz in recent days, heading to Pakistan, China, and India, as well as a supertanker with Iraqi…