Category: Highlights

Abu Dhabi, United Arab Emirates, 11 September 2023 – G20 leaders agreed to accelerate efforts to triple global renewable energy capacity by 2030, aligning with recommendations from the International Renewable Energy Agency (IRENA) on how the world can move in line with the Paris Agreement targets.  In a declaration adopted on Saturday, the Group cites a joint report between IRENA and India’s G20 Presidency, titled Low-Cost Financing for Energy Transitions, which estimates a need for over USD 4 trillion in annual investments by 2030. According to IRENA’s World Energy Transitions Outlook 2023 released earlier this…

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ISLAMABAD, September 12, 2023: The Oil & Gas Development Company Limited (OGDCL) on Tuesday announced the successful testing, completion, and commencement of production at the Nashpa-11 well in District Karak, KPK Province This achievement stands as a testament to OGDCL’s commitment to bolstering Pakistan’s energy sector and meeting the escalating needs of both domestic consumers and industrial enterprises.OGDCL is diligently pursuing a harmonized approach to exploration, drilling, and development activities with a focus on optimizing production on a fast-track basis. This development is the result of OGDCL’s in-house expertise. The…

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Islamabad. The Oil and Gas Regulatory Authority (OGRA) in accordance with the Policy Guidelines of the Federal Government has determined the Regasified Liquified Natural Gas (RLNG) prices for suicompanies with effective from September 1st, 2023 as under:The increase in RLNG prices is due to increase in RLNG brent prices in the international market. The RLNG price notification for the month of September, 2023 is readily available at OGRA websitewww.ogra.org.pk.(Imran Ghaznavi)Spokesperson

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