Pakistan News

    Oil Gas Jobs In Pakistan 2016

  • 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...

  • Orga seeks govt's advice regarding 36pc hike in gas prices during 2016-17

    The Oil and Gas Regulatory Authority (Ogra) has asked the government to issue advice regarding 36 per cent gas price hike for the current fiscal year 2016-17,An Ogra official informed DawnNews that Ogra has written a letter to the prime minister, and ministries of finance and petroleum to seek necessary advice over its decision of 36% increase in the gas price for the current fiscal year 2016-17...

    He said Ogra, in the light of its...

  • 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...

  • ‘Non-Opec oil supply falling in 2016’

    VIENNA: Opec said on Thursday that it expects oil production by countries outside the group to fall in 2016 by more than it previously forecast, in a sign that its audacious strategy may be working at last...

    In a monthly report, the Opec said 2016 oil supply from outside the group will decline by 380,000 barrels per day to average 57...

  • Oil exporting countries could lose more than $500bn in 2016: IMF

    DUBAI: Oil exporting countries in the Middle East lost a staggering $390 billion in revenue due to lower oil prices last year, and should brace for even deeper losses of more than $500bn this year, the International Monetary Fund (IMF) said Monday...

    The fund had projected in October that oil exporting countries in the region would see revenue losses of $360bn in 2015, but oil prices took a tumble by year's end and the drop in revenue...

  • Oil hits 2016 high above $42

    LONDON: Oil rose above $42 a barrel on Friday, hitting its highest this year and extending a rally into a fourth week on expectations of a production freeze by major exporters, stronger seasonal demand and dollar weakness...

    31 a barrel by 1239 GMT, having touched a 2016 high of $42...

  • World Bank sees depressed oil, commodity prices through 2016

    WASHINGTON: The World Bank said on Tuesday it expects global commodity prices, important for emerging economies, to remain weak through 2016, with returning Iran exports holding oil down...

    The World Bank’s quarterly commodity sector report cut its forecast for average crude oil prices to $52 a barrel this year from $57 estimated three months ago...

  • US oil, gas services firm to wind up Pakistan operations

    ISLAMABAD: A leading international oil and gas services firm is reportedly winding up its operations in Pakistan, causing a setback to exploration and development companies operating in the country and rendering more than 60 professionals jobless...

    Based in Houston, US, and operating in more than 90 countries, Baker Hughes is one of the largest oil field services companies in the world providing the oil and gas industry products and...

  • Pakistan to sign agreement with Azerbaijan to facilitate oil, gas import

    ISLAMABAD: Pakistan and Azerbaijan will sign an inter-governmental agreement (IGA) to facilitate import of oil and gas products from the former Soviet nation after arrival of President Ilham Eliyev on Tuesday, said Petroleum Minister Shahid Khaqan Abbasi...

    Speaking to Dawn on Monday, Mr Abbasi said the IGA would empower oil and gas companies of the two countries to start talks on trade and investment cooperation including oil,...

  • Creating the right kind of jobs should be the priority for Pakistan

    In an evolving world of work— the rapid creation and destruction of jobs— the issue of unemployment has acquired centrality in the development process and has led to the question of whether jobs, or workers, should be protected?Looking from an egalitarian perspective, the welfare of millions revolves around four things: full employment (including self-employment), fair wages, reasonable prices and an accelerated programme for community...

  • Pakistan needs to create more jobs: WB

    ISLAMABAD: The country’s economy needs to create more jobs by taking advantage of the large influx of a well-educated young labour force, says a new research by the World Bank...

    One of the key findings is that there are insufficient jobs where bachelor and graduate degree holders are expected to use their acquired skills...

  • Pakistan's younger women riding a digital wave in drive for better jobs

    When Kainat Naz joined a women-friendly technology boot camp a year ago, she had no idea it would completely change her life and her views on how women can work in conservative Pakistan...

    So she signed up for a tech programme called TechKaro, an initiative by Circle — a social enterprise that aims to improve women’s economic rights in Pakistan — and is now working full-time for a software company...

  • Oil, gas discovered at Makori Deep-1

    KARACHI: Pakistan Oilfields Limited, the operator of Tal block, has discovered a “significant amount” of hydrocarbon reserves in an exploratory well — Makori Deep-1...

    “As a result of drill stem test (DST) conducted at the well to test the potential of Lockhart formation, the well has tested 2,020 barrels per day of crude oil, 5...

  • Provinces seek real time access to oil, gas, power data

    ISLAMABAD: The provinces have sought real time access to data on production of oil, gas and electricity in the country to ascertain their equitable share in consumption and revenue calculation under a transparent and verifiable mechanism...

    The coming meetings of the IPCC and CCI would also be discussing payment of net hydel profit (NHP) to the Khyber Pakhtunkhwa and Punjab governments and the policy statement on gas sector reforms, a...

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