Deregulating the oil sector — II
The two biggest risks are demand-supply manipulation, creating shortages and manipulate prices. Shortages can be countrywide by importing or procuring less or in inner locations. In OECD countries, there is…
Deregulating the oil sector – I
There has often been talk of deregulating the petroleum sector. There are pros and cons which have been hotly debated. In policy circles, the same debate or even preparations are…
Covid-19: Impact on oil sector
Recent key developments in Pakistan’s oil sector underscore that there is always a need for the country to maintain its strategic oil reserves. Shortages of the commodity became evident when…
Life support for Pakistan’s oil sector
The large drop in business activity following the enforcement of strict lockdown and travel restrictions is threatening to push Pakistan into a recession. Poverty and unemployment levels are expected to…
Oil sector
In end May 2020, the federal government announced a big reduction in the price of petrol by Rs 7.06 per litre for the month of June in line with a…
Tug of war for oil sector looking to feast after famine
After years of restraint since crude prices slumped in 2014, oil services companies are now at loggerheads with producers as they battle for what they see as a fair share…
Tug of war for oil sector looking to feast after famine
After years of restraint since crude prices slumped in 2014, oil services companies are now at loggerheads with producers as they battle for what they see as a fair share…
Evolution, challenges, and prospects of oil and gas exploration sector
Pakistan’s oil and gas exploration and production (E&P) sector has traversed a fascinating path since the first oil well was drilled during British colonial times in the late 19th century…
Oil and coal sectors think more fossil fuels is the solution
If there is one thing the oil and coal industries can agree upon, it’s that the solution to the current global energy crisis is more fossil fuels. This was the…
Power sector in turmoil
Chairing a meeting on energy reforms a few days ago, prime minister Imran Khan expressed his grave concern over the woefully negative impact of the deals the past agreements made…
