News

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Demand Destruction Is Delaying An Oil Supply Crisis
Demand Destruction Is Delaying An Oil Supply Crisis
Source: OilPrice.com
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An EU Embargo On Russian Oil Is Imminent
An EU Embargo On Russian Oil Is Imminent
Source: OilPrice.com
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Oil subsidy for next fortnight figured at Rs40bn
Oil subsidy for next fortnight figured at Rs40bn
Source: The News
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K-Electric announces new load-shedding schedule till Eid
K-Electric announces new load-shedding schedule till Eid
Source: The Nation
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Fuel stock, load management: CPPA-G, NTDC asked to share data
Fuel stock, load management: CPPA-G, NTDC asked to share data
Source: Recorder Report
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Load-shedding challenge: Rs329bn is needed: Power Division
Load-shedding challenge: Rs329bn is needed: Power Division
Source: Business Recorder
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Russia’s weaponization of natural gas could backfire by destroying demand for it
Russia’s weaponization of natural gas could backfire by destroying demand for it
Source: The Conversation
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Russia’s gas blackmail: Putin is bringing a knife to a gun fight
Russia’s gas blackmail: Putin is bringing a knife to a gun fight
Source: Aljazeera
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PHC orders SNGPL to provide gas to textile industry
PHC orders SNGPL to provide gas to textile industry
Source: The News
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Chevron ‘Getting The Machine Running Again’ in Permian, Pondering U.S. LNG Growth
Chevron ‘Getting The Machine Running Again’ in Permian, Pondering U.S. LNG Growth
Source: Natural Gas Intelligence
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Chevron ‘Getting The Machine Running Again’ in Permian, Pondering U.S. LNG Growth
Chevron ‘Getting The Machine Running Again’ in Permian, Pondering U.S. LNG Growth
Source: Natural Gas Intelligence
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Vitol offers Pakistan LNG at $23.13
Vitol offers Pakistan LNG at $23.13
Source: Dawn News
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Reconstituted EAC comes under fire
Reconstituted EAC comes under fire
Source: Dawn News
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Inflation, external pressures to retard recovery
Inflation, external pressures to retard recovery
Source: The News
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Power plants to get ‘RLNG, furnace oil from May’
Power plants to get ‘RLNG, furnace oil from May’
Source: etribune
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PLL seeks Rs150bn for spot cargoes
PLL seeks Rs150bn for spot cargoes
Source: Business Recorder
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Govt buys spot LNG cargo for mid-May from Vitol
Govt buys spot LNG cargo for mid-May from Vitol
Source: Business Recorder
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Indigenous coal crucial to country’s energy security
Indigenous coal crucial to country’s energy security
Source: Business Recorder
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May Day deadline
May Day deadline
Source: Brecorder
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India orders state oil companies to invest in Russian oil assets
India orders state oil companies to invest in Russian oil assets
Source: Global Village Space
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PPL — currency and oil drive earning growth
PPL — currency and oil drive earning growth
Source: BR Research
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Power situation to improve within few days: Dastgir
Power situation to improve within few days: Dastgir
Source: profitpk
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Tough days ahead for economy, ministry warns
Tough days ahead for economy, ministry warns
Source: Dawn News
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Who owns the Arctic and should they drill for oil and gas?
Who owns the Arctic and should they drill for oil and gas?
Source: BBCWorld
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The Criminals Undercutting Nigeria’s Oil Industry
The Criminals Undercutting Nigeria’s Oil Industry
Source: OilPrice.com
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KE blames fuel shortage as citizens suffer longer power cuts
KE blames fuel shortage as citizens suffer longer power cuts
Source: The News
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Attempt to destroy 220KV power line with explosives, tower partially damaged
Attempt to destroy 220KV power line with explosives, tower partially damaged
Source: The Nation
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Power firms incurring Rs150 billion losses
Power firms incurring Rs150 billion losses
Source: etribune
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People left high and dry with 18-hour power outages
People left high and dry with 18-hour power outages
Source: etribune
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KE, Power Div wrangle over liability payment issue
KE, Power Div wrangle over liability payment issue
Source: Business Recorder
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SNGPL officials asked to provide maximum relief to masses
SNGPL officials asked to provide maximum relief to masses
Source: The News
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Petroleum product prices to remain unchanged
Petroleum product prices to remain unchanged
Source: The News
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Why are gas prices so high? These obscure traders are partly to blame
Why are gas prices so high? These obscure traders are partly to blame
Source: The Guardian
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China cuts coal import taxes to zero to ensure energy supply
China cuts coal import taxes to zero to ensure energy supply
Source: Business Recorder
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Total Takes $4 Billion Hit From Arctic LNG Project
Total Takes $4 Billion Hit From Arctic LNG Project
Source: OilPrice.com
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The cost of IMF programme
The cost of IMF programme
Source: Business Recorder
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Petroleum pricing: try cross subsidy
Petroleum pricing: try cross subsidy
Source: BR Research
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Pakistan and the STEAM economy [Part – III]
Pakistan and the STEAM economy [Part – III]
Source: The News
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Engro : Transmission of Quarterly Report for the Quarter Ended March 31, 2022
Engro : Transmission of Quarterly Report for the Quarter Ended March 31, 2022
Source: MarketScreener
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15,473MW electricity still not available to system
15,473MW electricity still not available to system
Source: Business Recorder
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Privatisation Of SOEs
Privatisation Of SOEs
Source: The Nation
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Ogra issues advisory for Eid holidays
Ogra issues advisory for Eid holidays
Source: Recorder Report
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PSO’s Q3 net profit soars 273pc to Rs32.58bn
PSO’s Q3 net profit soars 273pc to Rs32.58bn
Source: The News
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Pakistan has a ‘strategy’ to boost shrinking forex reserves: FM
Pakistan has a ‘strategy’ to boost shrinking forex reserves: FM
Source: Aljazeera
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High Oil And Gas Prices Provide Trillions Of Dollars In Tax
High Oil And Gas Prices Provide Trillions Of Dollars In Tax
Source: OilPrice.com
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Has Oil Lost Its Upside Momentum?
Has Oil Lost Its Upside Momentum?
Source: OilPrice.com
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Oil prices dip as dollar soars
Oil prices dip as dollar soars
Source: etribune
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Power cuts in scorching heat leave people exasperated
Power cuts in scorching heat leave people exasperated
Source: etribune
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Nepra allows Discos to raise tariffs for March
Nepra allows Discos to raise tariffs for March
Source: Business Recorder
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KE consumers may face another electric shock
KE consumers may face another electric shock
Source: etribune
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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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