US renewable fuel prices rose 25%, traders said, after a Bloomberg report stated that the administration has decided to pare exemptions for oil refineries from the nation’s biofuel blending laws.
He said that the Khalifa Point Refinery would have output capacity of 250,000 barrels per day.
' The mega oil facility is being constructed with around 11 billion dollars Saudi investment'
Minister for Petroleum Ghulam Sarwar Khan thanked Saudi Minister Khalid Al Falih for showing keen interest to invest in the country's petroleum sector
Saudi Arabia plans to build an oil refinery and a petrochemicals plant in South Africa as part of $10 billion of investments in the country
ISLAMABAD: The Federal Minister for Petroleum Ghulam Sarwar Khan asserted the government would announce new petroleum policy in March. Talking to journalists, Ghulam Sarwar Khan said that producer provinces had been given first right on their resources after the 18th Amendment. He said that the heads of gas companies were removed due to their incompetency and added that LNG terminal remained closed for 15 days due to their negligence. Ghulam Sarwar said that Saudi Arabia’s Crown Prime Mohammed bin Salman would visit…
Saudi Arabia wants to make Pakistan’s economic development stable through establishing an oil refinery and partnership with Pakistan in CPEC: Saudi Minister
GWADAR: The Saudi Minister of Energy, Industry and Mineral resources Khalid bin Abdulaziz Al-Falih arrived in Gwadar on Saturday to inspect the oil refinery site, ARY News reported. A delegation of top officials led by Petroleum Minister Ghulam Sarwar Khan and Balochistan's provincial ministers received the Saudi Minister. "The state of art oil refinery in Gwadar will be launched with the Saudi investment," said Petroleum Minister Khan. "The project will be the biggest investment by Saudi Arabia in Pakistan." A…
UAE leadership considers Pakistan as their second home, info minister said
ISLAMABAD: Saudi Arabian Minister for Energy Khalid Al Falih will soon visit Pakistan to sign Memorandum of Understanding (MoU) on establishing an oil refinery in Pakistan, apart from finalising other major projects in which Saudi Arabia has shown interest. It was revealed here on Tuesday by Saudi Arabian Ambassador to Pakistan Nawaf Bin Said Al-Malkiy, who paid a courtesy call on President Dr Arif Alvi in Islamabad. Welcoming the ambassador the president underlined the close, cordial and brotherly relations that exist…