IEA Executive Director and Kenya’s Minister of Petroleum and Energy jointly announced that 9th Annual Global Conference on Energy Efficiency would take place in Nairobi, Kenya. The International Energy Agency…
Global petroleum prices have unexpectedly fallen to an unbelievable low of $12 per barrel, giving Pakistani consumers who are struggling with skyrocketing fuel prices some hope. Global petroleum prices have…
Calgary plays host this week to the 24th World Petroleum Congress, drawing oil and gas industry leaders from across the globe. Calgary plays host this week to the 24th World…
The $10.5 billion refinery will be built with a loan-to-equity ratio of 70:30, with Saudi Aramco and Pakistan State Oil (PSO) splitting the equity stake equally. The engineering, procurement, and…
The decision infuriated the current refineries, who demanded a meeting with the top brass to further develop the idea. The Petroleum Division, however, paid no heed to their request. The…
The Russian-carrying ship “Clyde Noble” has arrived at Karachi Port, according to a statement released by KPT on Tuesday. The Karachi Port Trust (KPT) reported that the second cargo of…
In a formal statement released on Friday in Islamabad, Pakistan and Saudi Arabia expressed confidence that a joint oil refinery project would be finished in two months. In a formal…
The CEOs of NOCs and IOCs, heads of organisations, government officials, business people, members of the media, academics, and leading figures in energy sector will also be present. The Pakistan…
A decision to supply gas to fertiliser plants without a subsidy was approved by the Cabinet and communicated to the Petroleum Division on March 20, 2023. The Ministry of Industries…
Petroleum group imports in April 2023 totaled $891.468 million, down 59.91 percent year over year (YoY) from $2.223 billion in April 2022, according to PBS data. The first 10 months…
The oil vessel MT. Ardmore, which was carrying imported petrol, was berthed on May 10 at the Fauji Oil Terminal and Distribution Company (FOTCO) using night navigation protocols. Pakistan has…
Omar Farouk Ibrahim, the secretary general of APPO, highlighted the lack of investment in hydrocarbons as an obstacle to the extraction of fossil fuels on the continent. The African Petroleum…