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oil reserves

Oil, gas reserves found in Kohat

Oil and Gas Development Company Ltd (OGDCL) on Monday announced that the company in a joint venture with GHPL and Zaver Petroleum discovered a huge amount of crude oil and gas reserves in district Kohat of Khyber Pakhtunkhwa (KP).

US firm set to discover ‘huge oil reserves’ in Pakistan

A well-known multinational oil and gas firm in the United States ‘Exxon Mobil’ is on the point of exploring huge oil reserves near the Pakistan-Iran border, which could reportedly be bigger than the Kuwaiti reserves. Caretaker Minister for Maritime and Foreign Affairs Abdullah Hussain Haroon made this revelation while addressing business leaders at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). If the oil deposits are discovered as expected, Pakistan will be among top the 10 oil-producing…