Pakistan News

    Gas And Oil Jobs In Pakistan Navy

  • Pakistan Navy warships conduct exercises with Sri Lankan Navy during port visit

    Two warships from the Pakistan Navy (PN), PNS Nasr and PNS Saif, made a port visit to Sri Lanka’s Colombo port during their overseas deployment to South East Asian countries, said a statement by the Pakistan Navy...

    The PN flotilla conducted exercises with Sri Lankan warships in the Indian Ocean for enhancing interoperability and operational coordination between the two navies, added the statement...

  • Oil, gas companies ordered to treat natural gas as LNG

    ISLAMABAD: In a surprise development, the Ministry of Petroleum and Natural Resources on Wednesday ordered the oil and gas companies involved in liquefied natural gas (LNG) to treat domestic natural gas being supplied to PakArab Fertiliser Limited as regasified LNG...

    Informed sources in the petroleum ministry said the orders were issued to the Sui Northern Gas Pipelines Limited (SNGPL), Sui Southern Gas Company Limited (SSGC) and...

  • Navy's Aman drill a successful exhibit of Pakistan's efforts for regional peace and stability: CJCSC

    Chairman of the Joint Chiefs of Staff Committee (CJCSC) Gen Nadeem Raza on Sunday said that the Pakistan Navy's seventh edition of the multinational maritime exercise Aman-2021, which started on Friday, "successfully exhibits efforts made by Pakistan in line with our vision for regional peace and stability"...

    Naval forces from 45 countries, including the United States, China, Russia and Turkey are participating in Aman-2021, being...

  • Sindh to block gas to Pakistan if SSGC does not finalise gas provision agreement: CM Shah

    Sindh Chief Minister Murad Shah in the Sindh Assembly on Thursday threatened to restrict the province's gas supply to the rest of the country if an agreement with the Sui Southern Gas Company (SSGC) for provision of gas to the province is not finalised by the weekend...

    Shah, elaborating the details of the agreement, which seeks the provision of an additional 20 million cubic feet of gas per day to the province, said Sindh requires...

  • Govt eyes Rs425bn from oil and gas sector

    KARACHI: The government hopes to generate Rs425 billion from oil and gas sector under different heads in the fiscal year 2015-16, the budget documents show...

    Last year’s break-up of revenue receipts contradicted the official position that the government collection fell because of dip in oil prices...

  • ‘Ending gas, power and oil suppliers’ domination to increase competition’

    KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the Competition Commission of Pakistan (CCP) to bring government agreements with international financial institutions under the country’s competition laws...

    The apex body of trade and industry said it believed more competition in the energy sector and independence from dominant gas, electricity and oil suppliers as well as retailers would result...

  • Oil and gas shares weigh on stock market

    Volume of shares traded rose to 365 million on Thurs­day from 351m shares a day ago and the value also jum­ped to Rs13...

    Selling in the heavyweight oil and gas sector on the back of declining crude oil prices kept the stocks under pressure...

  • Punjab got Rs67.6 billion as oil and gas royalty since 1989, SC told

    6 billion to Punjab since 1989 on account of royalty on crude oil and natural gas...

    The information was provided during the hearing of a case relating to implementation of the court’s Dec 27, 2013, order on environmental pollution and dilapidated road infrastructure because of the movement of heavy machinery and lack of corporate social responsibility in exploration areas, especially in Sindh’s Sanghar district...

  • Moody’s reviews 120 oil and gas firms for possible downgrade

    SINGAPORE: Credit evaluator Moody’s said on Friday it has placed the ratings of 120 oil and gas firms worldwide under review for possible downgrade due to plunging crude prices...

    “These reviews reflect a mix of declining prices that are near multi-year lows, weakening demand and a prolonged period of oversupply that will continue to significantly stress the credit profiles of companies in the oil and gas sector,” the firm said in a...

  • Oil and gas reserves found in Mianwali

    ISLAMABAD: The Mari Petroleum Company Limited (MPCL) announced on Friday to have discovered reserves of crude oil, condensate and natural gas in its Karak Block’s Kalabagh Well in Mianwali...

    The Karak Joint Venture is operated by MPCL which holds 60 per cent working interest and the MOL of Hungary with 40 per cent share...

  • UK oil and gas output rises for first time in 15 years

    LONDON: Britain’s oil and gas output rose in 2015 for the first time since the turn of the millennium, industry body Oil and Gas UK said on Monday, reversing a declining trend but coming as oil prices are trading at a seven-year low...

    The industry group, which represents oil producers active in the North Sea such as BP, Shell or ExxonMobil, expects British oil and gas production to have risen 7-8 per cent, much higher than a 3-4pc...

  • Provinces aim to claw back powers in oil and gas sector

    ISLAMABAD: The federal government has agreed to clearly bifurcate roles and powers of the Council of Common Interests (CCI) and the federal forums like Energy and Economic Committees of the Cabinet after the provinces surrendered their demand for re-opening of a series of energy related decisions taken by the centre since 2013...

    The provinces have been criticising major decisions made by the Cabinet Committee on Energy (CCoE) and the...

  • 20 blocks to be auctioned for oil and gas exploration

    ISLAMABAD: The Petroleum Division is planning to hold open bidding for 20 new oil and gas exploration blocks by the year end, aimed at making the country self-sufficient in the energy sector...

    He said the government was preparing a summary for creation of new oil and gas exploration block in potential areas of erstwhile Federally Administered Tribal Areas (FATA) and Balochistan, which would be presented before the Council of Common...

  • Sindh govt to facilitate oil and gas exploration

    KARACHI: Representatives of oil and gas exploration companies on Friday said that they want to expand their businesses in Sindh provided the government carries out infrastructure development in areas where fields are located...

    At the meeting, convened and chaired by Sindh Energy Minister Imtiaz Ahmad Shaikh, matters related to petroleum and gas policy were also deliberated...

  • Sindh govt to facilitate oil and gas exploration

    KARACHI: Representatives of oil and gas exploration companies on Friday said that they want to expand their businesses in Sindh provided the government carries out infrastructure development in areas where fields are located...

    At the meeting, convened and chaired by Sindh Energy Minister Imtiaz Ahmad Shaikh, matters related to petroleum and gas policy were also deliberated...

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