Petroleum industry
Thousands of motorists and commuters, using public transport, are being subjected to excruciating torture as most of the gas stations which supply CNG, remain closed across the length and breadth…
Petroleum prices: an analysis
From August 1, the GoP (government of Pakistan) has reduced gasoline’s price by Rs 3.05 to Rs 227.19/litre. However, diesel’s price been increased by Rs 8.95/litre with the new price…
Ukraine crisis challenges oil industry caution at high prices
As commodity prices soar, the Ukraine crisis has prompted demands from petroleum lobbies for a reboot of US energy policy to promote domestic oil and gas production. But recent history…
Coronavirus creates repair headache for oil and gas industry
The coronavirus pandemic has disrupted maintenance at oil and gas projects and refineries from Russia’s Far East to the coast of Canada, storing up problems for an industry already reeling…
Satellites reveal major new gas industry methane leaks
Last fall, European Space Agency satellites detected huge plumes of the invisible planet-warming gas methane leaking from the Yamal pipeline that carries natural gas from Siberia to Europe. Energy consultancy…
Privatise Nigeria’s oil industry? Easier said than done
A leading contender in Nigeria's presidential election next month has pledged to privatise the country's oil industry, but that's a promise that might prove hard to keep, some observers say.…
Changing dynamics of oil and gas industry
There is great opportunity for foreign exploration and production (E&P) companies as well as for domestic private sector business houses to participate in Oil & Gas ventures in Pakistan. Pakistan’s…
Asian oil demand to hit record, but industry can’t take eyes off Middle East
Asian oil demand will hit a record in April just as global crude values are lifted to levels not seen in three years by Middle East supply risks and top…
Asia’s surging fuel exports depress refining industry profits
Asia's biggest oil consumers are flooding the region with fuel as refining output is exceeding consumption amid a slowdown in demand growth, pressuring industry profits. Since 2006, the Asia-Pacific has…
SOS call from LPG industry
Pakistan is one of the largest energy consumers in the world. It needs continuous energy supply to overcome economic challenges due to rising graph of population that would be unitising…
