Saturday, May 18, 2013
Displaying 1 - 10 of 168 articles
Pakistan has found new gas reserves in Sindh province, country’s petroleum ministry said Friday. Italian energy major ENI with joint venture partners Pakistan Petroleum Limited and Kuwait Foreign Petroleum Exploration Company made the discovery in the Kirthar Fold Belt region 270 kilometres (170...
India will ask for a meeting of the technical working group of the TAPI gas pipeline (Turkmenistan-Afghanistan-Pakistan-India) before May 15 even as it has learnt that Turkmenistan is working behind the scenes to bring onboard an international oil major to participate in the $7.6-billion project...
Algerian ambassador to Pakistan Ahmed Benflis has said that the North African nation wants to boost bilateral business ties and is interested in exporting liquefied natural gas (LNG) to the south Asian nation. Pakistan has been facing severe gas shortage in the last few years and has been looking to...
Iranian Oil Ministry Spokesman Alireza Nikzad Rahbar said that New Delhi has shown interest in the extension of Iran-Pakistan (IP) gas pipeline to India, Fars News Agency reported. "Since India has been motivated by Pakistan's seriousness in construction of the (Iran-Pakistan) peace pipeline, New Delhi...
Polish gas company PGNiG will carry out two drilling operations in Egypt this year. The first drilling has already started and the second one is to begin in May, Andrzej Maksym from the company's gas deposits department told the Polish Press Agency, Warsaw Business Journal reported. The company is...
MND Group, a member of the KKCG investment group, has sold its subsidiary MND Exploration & Production Limited to Pakistan Petroleum Limited (PPL). PPL is now the owner of all assets formerly held by MND in Pakistan and Yemen. MND E&P owns working interest in the production licence of Sawan...
Pakistan attaches great importance to the Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas pipeline and wants to see the project built as soon as possible, Dawn newspaper quoted Pakistani President Asif Ali Zardari as saying in the Turkmen capital. Zardari said that Pakistan fully supports the Turkmenistan’s...
Pakistan’s two leading oil and gas exploration companies – Oil and Gas Development Company Limited (OGDCL) and Pakistan Petroleum Limited (PPL) are looking to start exploration and production activities in Sudan, said Asim Hussain, advisor to the Prime Minister on Petroleum & Natural...
Hungarian energy group MOL has signed agreements with Mari Petroleum Company Limited (MPCL) to acquire 30% interest in the Ghauri exploration block in Pakistan, and 25% interest in the MOL-operated Block 43B in Oman. In Oman, with the acquisition of 25% in Block 43B, MOL has increased its interest to...
China has offered a loan of $500 million to Pakistan for the completion of the Iran-Pakistan natural gas pipeline. Pakistan had earlier planned to generate the billion dollars through the tax and Iran will be putting in $500 million, Paksiatni newspaper The Express Tribune said in a report. Petroleum...