Year: 2025

Islamabad, 14th November 2025: The 2nd International Oil & Gas Conference Pakistan 2025 is scheduled for Monday, 17th November 2025 in Islamabad, bringing together top leaders, policymakers, and industry experts to discuss emerging trends, challenges, and opportunities in Pakistan’s oil and gas sector. The conference is proudly supported by OGRA (Oil & Gas Regulatory Authority) and OCAC (Oil Companies Advisory Council), emphasizing its importance in shaping the industry’s future. The day-long event will begin with the Inaugural Session, which will feature a welcome address by Mr. M. Naeem Qureshi, Managing…

Read More

ISLAMABAD: Minister of State for Finance and Railways Bilal Azhar Kayani has instructed the Petroleum Division and the Oil and Gas Regulatory Authority (Ogra) to urgently address industry concerns over the grid transition levy and retrospective RLNG charges, sources told Business Recorder. The directives were issued during a meeting with a business community delegation representing the Special Investment Facilitation Council (SIFC). Industry representatives argued that the grid transition levy disproportionately penalises high-efficiency Combined Heat and Power (CHP) plants, which operate at 60–80pc efficiency by utilising waste heat in production processes.…

Read More

ISLAMABAD: Pakistan has reactivated its offshore exploration programme with the provisional award of 23 new offshore blocks to public-sector oil and gas companies, led by Mari Energies, under three-year commitments worth approximately $80 million. Mari Energies — a joint venture of Fauji Foundation and the federal government — emerged as the dominant player, securing stakes in all 23 blocks offered in the latest bidding round. The company obtained operatorship in 18 blocks and partnership roles in five, holding 100pc ownership and operatorship in 10 of them, and majority stakes in…

Read More