OGDC Signs Agreement With Synergetic Oil Tools For Advanced Heavy Crude Oil Production Technology
Oil & Gas Development Company Limited signs agreement with Synergetic Oil Tools to deploy Passive Energy Tool technology for improving heavy crude oil production in Pakistan.
Mari Energies Signs Gas Sale Deal With Universal Gas Distribution Company For Waziristan Block
Mari Energies awards gas sale contract to Universal Gas Distribution Company for up to 17.5 MMscfd gas supply from Spinwam Gas Discovery in Waziristan Block.
RLNG Prices Jump 32 Percent In August To Reach Record High Across Pakistan
RLNG prices in Pakistan have increased by 32 percent in August 2026, reaching a record high and raising energy costs for industrial and commercial consumers.
Pakistan Reopens Offshore Frontier By Awarding Twenty Three Exploration Blocks To Spark Energy Sector Revival
Pakistan concludes its Offshore Bid Round 2025 by signing agreements for twenty three blocks in Indus and Makran basins to attract massive foreign and domestic energy investments.
Sitara Petroleum Service Limited IPO Launch SPSL Aims to Raise Rs 4.8 Billion for Fuel Network Expansion
Sitara Petroleum Service Limited SPSL announces its IPO to raise Rs 4.8 billion for oil storage terminals and retail network expansion with Arif Habib Limited as lead manager.
OGDCL Announces Major Gas Discovery at Sahito 1 Well in Sindh
Oil and Gas Development Company Limited discovers 17.2 MMSCFD of gas at the Sahito 1 exploratory well in Khairpur, marking a win for Pakistans energy sector.
Hamed Yaqoob Sheikh Joins OGDCL Board as Ex-Officio Director Following Ministry Appointment
Oil and Gas Development Company Limited appoints Petroleum Secretary Hamed Yaqoob Sheikh to its board of directors, marking a significant leadership shift in Pakistan’s energy sector.
OGDCL Receives Rs7.73bn Seventh Installment Under Circular Debt Settlement Plan
OGDCL has received its seventh monthly interest payment of Rs7.73 billion under Pakistan’s Circular Debt Settlement Plan, raising total recoveries to nearly Rs54 billion as part of government-led energy sector reforms.
Pakistan Petroleum Limited Names Muhammad Mubbashar Siddiqui as Interim Chief Financial Officer
Pakistan Petroleum Limited has appointed Muhammad Mubbashar Siddiqui as its interim Chief Financial Officer following board approval, effective January 22, 2026, replacing CEO Mohammad Khalid Rehman in the CFO role.
OGDCL Collects Rs7.725 Billion Sixth Installment Under Pakistan’s Circular Debt Plan
OGDCL receives Rs7.725 billion as the sixth monthly installment from Power Holding Limited under Pakistan’s circular debt settlement mechanism, marking steady progress in addressing the energy sector’s financial liabilities.