Oil prices

Pakistan’s Oil and Gas Production Continues to Decline Amid Weak Demand, Field Curtailments

KARACHI: Pakistan’s oil and gas production witnessed a continued downturn in April, with oil output falling by 14% year-on-year (YoY) to 58,890 barrels per day (bopd) and gas production dropping 8% YoY to 2,717 million cubic feet per day (mmcfd), according to official data released Monday. Cumulatively, during the first 10 months of the current fiscal year, oil production averaged 63,543 bopd (down 11%), while gas output averaged 2,917 mmcfd (down 7%). Analysts attribute the decline to forced curtailments at major fields like Nashpa and TAL blocks, amid lower domestic

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War or peace on the Indus?

War or peace on the Indus? May 6, 2025 John Briscoe Anyone foolish enough to write on war or peace in the Indus needs to first banish a set of

Saylani-Welfare

Saylani Announces Rs. 2.5 Million Reward for Brave PAF Pilots

Karachi, May 12, 2025 — In a strong gesture of national solidarity, the Saylani Welfare International Trust has announced a monetary reward of Rs. 2.5 million for each Pakistani Air Force pilot who bravely responded to Indian aggression. The declaration

Ali-Pervaiz

New Petroleum Minister Vows to Resolve Exploration Sector Challenges

ISLAMABAD: Newly appointed Petroleum Minister Ali Pervaiz Malik has pledged to address long-standing challenges in Pakistan’s oil and gas sector, which have hampered indigenous exploration and production activities. The move follows the removal of former minister Musadik Malik, whose bureaucratic

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