News

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Mari – earnings up again
Mari – earnings up again
Source: BR Research
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ADIPEC strengthens Abu Dhabi’s global position in the oil and gas industry
ADIPEC strengthens Abu Dhabi’s global position in the oil and gas industry
Source: Business
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Gas Price Overshadows Crisis In Oil Prices
Gas Price Overshadows Crisis In Oil Prices
Source: The Tide
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Sanctions are about to slam Russia’s still-booming oil export trade
Sanctions are about to slam Russia’s still-booming oil export trade
Source: Hellenic Shipping News
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Russia Accuses The British Navy Of Blowing Up Nord Stream Pipelines
Russia Accuses The British Navy Of Blowing Up Nord Stream Pipelines
Source: OilPrice.com
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Oil Majors Expect Permian Production Growth To Slow
Oil Majors Expect Permian Production Growth To Slow
Source: OilPrice.com
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Pakistan’s REER falls to 90.9 in September
Pakistan’s REER falls to 90.9 in September
Source: BR Web Desk
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OGDC, PPL to participate in reconstituted Reko Diq project
OGDC, PPL to participate in reconstituted Reko Diq project
Source: BR Web Desk
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Accountability courts return eight references after NAB law amended
Accountability courts return eight references after NAB law amended
Source: The News
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KE response
KE response
Source: The News
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SNGPL to provide gas cylinders to commercial consumers in winter season
SNGPL to provide gas cylinders to commercial consumers in winter season
Source: The Nation
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Europe’s ‘not out of the woods’ despite gas prices falling to 4-month lows
Europe’s ‘not out of the woods’ despite gas prices falling to 4-month lows
Source: Hellenic Shipping News
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Germany set to attach conditions to gas price
Germany set to attach conditions to gas price
Source: Reuters
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Commercial consumers: Gas connections being suspended: SNGPL GM
Commercial consumers: Gas connections being suspended: SNGPL GM
Source: APP
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Saudi Arabia to auction five new mining exploration licences in 2023: statement
Saudi Arabia to auction five new mining exploration licences in 2023: statement
Source: Zawya
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Illegal mining continues in Charsadda
Illegal mining continues in Charsadda
Source: The News
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Shifting to Thar coal: CPPCL said to have set ‘inflexible’ conditions
Shifting to Thar coal: CPPCL said to have set ‘inflexible’ conditions
Source: Business Recorder
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Three held for decanting LPG illegally
Three held for decanting LPG illegally
Source: APP
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2023: The year of the real energy crisis
2023: The year of the real energy crisis
Source: Daily Sabah
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Expensive crude: controlling the controllables
Expensive crude: controlling the controllables
Source: etribune
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3-month gas holiday for commercial consumers
3-month gas holiday for commercial consumers
Source: etribune
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CASA-1000: Alternate options being explored to resume work
CASA-1000: Alternate options being explored to resume work
Source: Business Recorder
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AGP detects irregularities of Rs35.887m in KP-BoIT
AGP detects irregularities of Rs35.887m in KP-BoIT
Source: Recorder Report
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Falling further behind
Falling further behind
Source: Dawn News
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MoF Outlook: Challenges ahead as flood damages to impact whole economy
MoF Outlook: Challenges ahead as flood damages to impact whole economy
Source: Business Recorder
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PM to discuss CPEC expansion with China
PM to discuss CPEC expansion with China
Source: APP
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Inflation and Pakistan
Inflation and Pakistan
Source: Business Recorder
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Gas load management plan
Gas load management plan
Source: Brecorder
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Energy efficiency, conservation described as ‘key steps’ aimed at mitigating associated risks
Energy efficiency, conservation described as ‘key steps’ aimed at mitigating associated risks
Source: Recorder Report
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LNG: Getting it costly, leaving it costlier
LNG: Getting it costly, leaving it costlier
Source: tbsnewsdotnet
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ConocoPhillps takes major new chunk of Qatar gas expansion
ConocoPhillps takes major new chunk of Qatar gas expansion
Source: AFP
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Ukraine war: threats and opportunities for Pakistan
Ukraine war: threats and opportunities for Pakistan
Source: Dawn News
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IMF asks Pakistan to set up anti-corruption task force
IMF asks Pakistan to set up anti-corruption task force
Source: etribune
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The Southern Hemisphere Will Suffer Most From Europe’s Energy Crisis
The Southern Hemisphere Will Suffer Most From Europe’s Energy Crisis
Source: OilPrice.com
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Putin Warns The World Is Facing The Most Dangerous Decade Since World War II
Putin Warns The World Is Facing The Most Dangerous Decade Since World War II
Source: OilPrice.com
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Adipec to highlight oil and gas investment needs amid energy crisis
Adipec to highlight oil and gas investment needs amid energy crisis
Source: The Nation News
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Colombia’s Oil Industry In Jeopardy As Cocaine Production Soars To New Record
Colombia’s Oil Industry In Jeopardy As Cocaine Production Soars To New Record
Source: OilPrice.com
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SECL seeks permanent exemption from IFRS-9
SECL seeks permanent exemption from IFRS-9
Source: Business Recorder
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Efforts underway to improve availability of alternative fuels: minister
Efforts underway to improve availability of alternative fuels: minister
Source: Recorder Report
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Oil rate cut may not benefit consumers if PL adjusted
Oil rate cut may not benefit consumers if PL adjusted
Source: Recorder Report
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Why is there a global energy crisis and who might suffer most from it?
Why is there a global energy crisis and who might suffer most from it?
Source: BBCWorld
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Industry demands new LPG policy to ward off shortages
Industry demands new LPG policy to ward off shortages
Source: Pakistan Observer
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ICCI demands withdrawal of notices for gas suspension to commercial consumers
ICCI demands withdrawal of notices for gas suspension to commercial consumers
Source: Islamabadpost
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No concessions
No concessions
Source: The News
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A winter of want
A winter of want
Source: The News
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Bangladesh seeking Saudi assistance in energy security, clean power
Bangladesh seeking Saudi assistance in energy security, clean power
Source: Arab_News
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AGP issues policy guidelines to FBR on blacklisted companies
AGP issues policy guidelines to FBR on blacklisted companies
Source: Business Recorder
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Growth in quarterly corporate profits slows down
Growth in quarterly corporate profits slows down
Source: Dawn News
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Oil futures ease as China widens Covid curbs
Oil futures ease as China widens Covid curbs
Source: Reuters
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A Worrying Sign For Oil Companies In Iraqi Kurdistan
A Worrying Sign For Oil Companies In Iraqi Kurdistan
Source: OilPrice.com
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Don't take our word for it.

Dr. Gulfaraz Ahmed
Dr. Gulfaraz Ahmed
Advisor Mari Petroleum, Former MD OGDCL, Former Secretary Petroleum

Despite historical energy resource exploration Pakistan is still to achieve self-sufficiency. Therefore Pakistan continues to promote its geology to attract the competitive exploration dollar internationally. The members of the vibrant energy industry in the country felt the need for instituting a forum of The Petroleum Club of Pakistan to serve as an open platform for the sharing of professional information. The PCP organizes meetings and seminars for sharing and promoting information of related knowledge and is headed by a President chosen for historical contributions to the industry in the country!

Dr. Syed Iqbal Mohsin
Dr. Syed Iqbal Mohsin
Former VC Wafaqi Urdu University, Former Director Evening program Karachi University

Petroleum Club of Pakistan provides a platform for professionals that was missing and was very much needed. The exchange of ideas and good communication is very healthy.

Syed Firasat Shah
Syed Firasat Shah
Ex Co-DMD Exploration & Business Development at Pakistan Petroleum Limited

Petroleum Club of Pakistan is a much needed, integrated think tank platform for the experienced energy professionals to interact, share thoughts on important energy challenges and to come up with fact-based solutions, by following the principles of mutual respect, collective wisdom, and constructive thinking. The club will also contribute to educating the public on energy-related issues to overcome common misconceptions and prevent its negative impact.

Dr. Saeed Khan Jadoon
Dr. Saeed Khan Jadoon
Ex Executive Director Exploration, Oil & Gas Development Company Ltd. Islamabad, Pakistan

On behalf of the Petroleum Club of Pakistan (PCP), my team and I welcome all our members and visitors to our web platform. PCP is a not-for-profit organization, our efforts are towards making Pakistan a leading country in the energy sector by strengthening the links between professionals of the Energy Sector of Pakistan through the power of networking, technology utilization, local research, human resource development, ancillary skills, and counseling. We provide our members with a professional platform to interactively discuss energy-related issues and to propose fact-based solutions that may be used as energy industry feedback for policy formulation. PCP also arranges workshops and talk shows to increase awareness on energy-related issues and the link between academia and the industry.

Ahmed Nawaz
Ahmed Nawaz
Chief Operating Officer (COO) at MOL Pakistan Oil & Gas Co. B.V.

PCP is indeed a prestigious platform that is providing an opportunity to professionals from across the petroleum industry to exchange their views and contribute toward the betterment of our beloved country Pakistan. The thing which I admire the most about PCP, it has made a wealth of knowledge and wisdom accessible to emerging and young industry professionals from those who otherwise would have gone into hibernation post their retirement. Forward-looking, I foresee PCP tremendous role in improved inclusion and structured dissemination of knowledge providing discipline-based expert forums whereby industry and academia can equally benefit and effectively contribute in this volatile, uncertain, complex and ambiguous petroleum business.

Moin Raza Khan
Moin Raza Khan
MD & CEO Pakistan Petroleum Limited

It is heartening to see the Petroleum Club of Pakistan (PCP) flourish in terms of its membership over the past few years. Now we have knowledge powerhouses representing the entire spectrum of the Petroleum and Energy industry in its fold. With an amalgam of young and highly experienced, seasoned professionals of this industry, it carries several thousand years of experience, PCP seems to be well poised to deliver on the very objectives that it was formed for. Being a front runner and a representative from the upstream petroleum sector, now I can say that PCP is getting closer to my vision of providing the best think tank for influencing key decisions by the policymakers, planners, and promulgators across all streams of oil & gas industry of Pakistan.

Masood Siddiqui
Masood Siddiqui
Ex MD, OGDCL

Petroleum Club of Pakistan is a great platform for debating the energy issues of Pakistan. With the thousands of years of experience present at the forum, issues can debated threadbare with across the board perspective incorporated in the outcome.

Muhammad Raziuddin Monem
Muhammad Raziuddin Monem
Member Board Of Directors SSGC , Former Regional Head MI Schlumberger

Petroleum Club is a very good medium to exchange views and ideas about what ails the Petroleum industry and suggestions on some out of the box solutions for the policymakers to see an alternative approach to what they've been doing. This will offer them something to think about. I have always felt that once we have really good Corporate Governance on both sides, in the industry and the regulators or shouldn't we call them facilitators, both ensure that decisions are taken primarily on merit and the Code of Corporate Governance is strictly followed a lot of the issues will be settled, slowly but surely. So here's to a meaningful discussion on this valuable forum.

Muhammad Arif
Muhammad Arif
Member Gas at OGRA

It gives me immense pleasure in penning down to acknowledge that the creation of the Petroleum Club of Pakistan has been the most needed and long-awaited initiative which has united and brought industry professionals at one platform. The Club members’ life long experience and their wisdom reflected in intellectual discourse on most difficult industry issues are invaluable. Issuance of periodic hardcore advisory papers by PCP may provide guiding principles for the government and regulators in the formulation of policies and taking timely corrective measures in addressing the complex industry issues in these testing times and years to come. I am very hopeful and confident that life long experience and wisdom of the very experienced and committed members of PCP would not only strengthen the social and professional network, but it would also be able to truly act as “Think Tank” and provide timely advise or at least “Food for Thought” to the policymakers to address compelling issues faced by the industry with a view to ultimately achieve sustainable security of energy supplies in a competitive market environment. The success of the Petroleum Club of Pakistan is due to the active, timely and painstaking efforts being made by the Club team.

Syed Arif Kamal
Syed Arif Kamal
Former Chief Executive POL & Executive Director OGDCL

Establishment of Petroleum Club of Pakistan became a reality due to vision, inspiration and sincere efforts of members in general but of founder members in particular resulting in a rapid and even an unprecedented growth of membership. Every one has noticed a very enthusiastic participation of members in sharing the technical knowhow and industry information. I hope soon speaker series may also be initiated for dissemination and sharing of knowledge. Finally all the effort of members is focused to help the Country in meeting its energy requirements in an environtally safe, responsible and sustainable manner.

G.A. Sabri
G.A. Sabri
Former Federal Secretary Petroleum / DGPC

Formation of Petroleum Club Of Pakistan is an excellent Initiative and being a member i am thoroughly enjoying it. I would like to compliment Mr. Tahir Alam and Dr. Saeed Khan Jadoon for the wonderful initiative. The Daily news update is again an great idea. PCP is a very good forum for professional interaction and source of learning for the younger generation, as well as keeping the old vintage updated. I would strongly propose that the Government should officially accept it as a think tank group which can make a very useful contribution to policy making. Organisations like PPEPCA and OCAC, which have been there since ages were not able to do what PCP has achieved. It would have a greater impact if the strength of downstream professionals could be increased. PCP’s growth and success will be a source of professional pride. Keep it up Tahir Alam and good luck.

PCP
PCP
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Petroleum Club Of Pakistan

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