Month: February 2020

Oil prices were set early on Friday for their first weekly gain since early January as the market shook off the coronavirus panic and hoped for a Chinese stimulus in case the virus outbreak considerably slows down the economy. At 8:05 a.m. EST on Friday, WTI Crude prices were up 1.34 percent at $52.11, and Brent Crude traded up 1.42 percent at $57.15. Both…

Baker Hughes reported that the number of oil and gas rigs in the US held fast yet again this week at 790, with the total oil and gas rig falling 261 over the last 52 weeks. The number of oil rigs increased for the week, by 2 rigs, according to Baker Hughes data, bringing the total to 678—a 179-rig loss…

WAPDA Jobs 2020 are updated regularly with great career opportunities available in Lahore, Islamabad, Karachi and other cities in Pakistan. The Water & Power Development Authority (WAPDA) is a federal organization whose jobs are announced publicly by its HR department, NTS or by PTS under dierent trades. Most popular hires for WAPDA every year are for dierent vacancies like Lineman,…

Islamabad       –       Sindh has alleged that the federal government has yet to remove the reservations of the provinces regarding the Alternative Renewable Energy policy and said that consensus is a pre-requisite for the policy implementation. READ MORE: Turkish President Erdogan arrives in Pakistan on a 2 day trip Federal Minister for power Omar Ayub has assured that he will be visiting…

Brisk drilling was in progress at the first shale gas and oil well near Hyderabad  city of the Sindh province to acquire geological and engineering data for further planning of the pilot project. “The drilling, started on December 14, 2019 at the Shale gas well, KUC-01 (Kunar Unconventional-1), is in progress. As of January 30, 2020 the well was drilled…

ISLAMABAD: The 30mmcfd high-quality gas has recently been injected into the distribution system of the Sui Southern Gas Company Limited (SSGCL). The gas has been injected into the distribution system without fixing the gas price for the Badin IV South Gas Fields in the name of national interest, sources claimed on Wednesday. As a result of the gas induction, sources said…

Yesterday, PM had hold one-on-one meeting with Nepra Chairman the theme of meeting was to apprise PM the current pressing issues faced the power sector and consumer of Pakistan. Important discussions were the regulator’s strategic and effective role to continue with sustainable measures to reduce Circular Debt and the improving the performance of power sector to ensure the affordable energy…

The two fertilizer plants, which are closed due to non-availability of natural gas, have approached the government, requesting supply of LNG which is $ 2.5/Mmbtu to bridge expected shortfall in production of urea. In a letter to Prime Minister’s Advisor on Commerce, Industries and Production and Investment, Abdul Razak Dawood, the Advisor to the two companies Ghazanfar Abbas Jilani, explained…

Khyber Pakhtunkhwa Assembly Standing Committee on Environment Wednesday asked oil and gas companies working in Kohat, Karak, Hangu, Lakki Marwat and DI Khan district to protect environment from degradation and pollution PESHAWAR, (APP – UrduPoint / Pakistan Point News – 12th Feb, 2020 ) :Khyber Pakhtunkhwa Assembly Standing Committee on Environment Wednesday asked oil and gas companies working in Kohat, Karak, Hangu, Lakki Marwat and DI Khan district to protect environment from degradation and pollution.…