All Stories: oil reserves

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) on Friday announced the discovery of oil and gas reservoir in Khyber Pakhtunkhwa, ARY News reported...

BANNU: Mari Petroleum Company Limited (MPCL) has announced the discovery of gas and oil reserves from its Bannu West Block, ARY News reported on...

Across the globe, oil remains a key component of the energy mix. In countries where crude oil is found in large quantities, they sell...

The US Department of Energy said it will sell 18 million barrels of crude oil from its strategic petroleum reserve (SPR) on Dec. 17,...

The PPP is currently extracting approximately 800 barrels of oil per day.

The policy amendments recommended by the PM's Task Force on Energy were approved by the federal authorities.

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).

The well was drilled down to the depth of 2676 meters and tested 10.44 MMSCFD gas, 120 BPD condensate through choke size 32/64" at wellhead flowing pressure 2085 Psi from lower Guru B-Sand.

Mari Petroleum Company Limited has made an oil discovery near Gujar Khan in Rawalpindi District

“After completion of 5,000 meter drilling, the volume of oil reserves will be estimated,” Asad Umar said.

PM Imran Khan said that there had been positive indicators in the exploration process and added that they would give a good news to the nation within three weeks.

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...