Month: April 2023
Massive investment, promotion of renewable energy to turn around Pakistan’s power sector
Pakistan faces several energy issues that have been hindering its economic growth and development. Some of the key challenges are:
Read MoreFour Oil Gas Fields Get 5-year Lease Extension
The Economic Coordination Committee (ECC) of the cabinet on Thursday approved supplementary grants worth Rs912.5 million and an extension in the lease period to four oil and gas-producing fields for accelerating exploration activities.
Read MoreGovt Likely To Cut Petrol Price by Rs3.86 Per Liter
The price of high-speed diesel (HSD) is expected to go down by Rs5.41 per litre effective from May 1, 2023 following the weakening of global oil prices. Kharif crop planting season is already under way and any decrease in the price of diesel,
Read MoreOGDCL Eyes Production Boost, Exploration Drive in Balochistan’s Zin Block
Oil and Gas Development Company Limited (OGDCL) is planning to boost oil and gas production from current wells while prioritising exploration efforts in the Zin block of Baluchistan, which holds confirmed reserves of 840 billion cubic feet per day (bcfd), company’s top official said on Thursday.
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