#petroleum

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Addressing the Complexities of Deregulating Pakistan’s Petroleum Sector
Addressing the Complexities of Deregulating Pakistan’s Petroleum Sector
Source: dailytimespak
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Petroleum dealers warn against fuel price deregulation
Petroleum dealers warn against fuel price deregulation
Source: Pakistan Observer
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PPL augments production
PPL augments production
Source: Recorder Report
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After petroleum prices hike, power tariff likely to increase by Rs2.94/unit
After petroleum prices hike, power tariff likely to increase by Rs2.94/unit
Source: Profit Pakistan
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Oil tankers owners association halts petroleum supply
Oil tankers owners association halts petroleum supply
Source: The Nation
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Petroleum demand hits 21-month high
Petroleum demand hits 21-month high
Source: etribune
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Petroleum sales surge 4pc to 1.15 million tonnes in March
Petroleum sales surge 4pc to 1.15 million tonnes in March
Source: The News
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Petroleum demand hits 5-month low
Petroleum demand hits 5-month low
Source: etribune
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Fuel prices, furnace oil demand drag petroleum sales to five-month low
Fuel prices, furnace oil demand drag petroleum sales to five-month low
Source: The News
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Is There a Geopolitical Risk Premium in the Oil Price Right Now?
Is There a Geopolitical Risk Premium in the Oil Price Right Now?
Source: Rigzone
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CCoE seeks Petroleum Division’s approval to start construction work
CCoE seeks Petroleum Division’s approval to start construction work
Source: The Nation
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Imports of petroleum group shrink by 12pc in July-Jan
Imports of petroleum group shrink by 12pc in July-Jan
Source: The Nation
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Mari Petroleum Company announces gas discovery at Mainwand X-1 ST-1 Well located in Block-28, Balochistan
Mari Petroleum Company announces gas discovery at Mainwand X-1 ST-1 Well located in Block-28, Balochistan
Source: The Nation
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CCI approves amendments to petroleum policy 2012
CCI approves amendments to petroleum policy 2012
Source: etribune
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Gas from new discoveries: SNGPL opposes giving half share to ‘third party players’
Gas from new discoveries: SNGPL opposes giving half share to ‘third party players’
Source: Business Recorder
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MoE Petroleum Division announces oil, gas, minerals career expo
MoE Petroleum Division announces oil, gas, minerals career expo
Source: The Nation
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Govt executes petroleum concession agreements, exploration licences for eight oil, gas blocks
Govt executes petroleum concession agreements, exploration licences for eight oil, gas blocks
Source: The Nation
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Jul-Dec: Petroleum group imports down 13.78pc YoY
Jul-Dec: Petroleum group imports down 13.78pc YoY
Source: Business Recorder
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Mari Petroleum announces gas discovery at Shewa 02 well located in Waziristan block
Mari Petroleum announces gas discovery at Shewa 02 well located in Waziristan block
Source: The Nation
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Dec petroleum products’ sales fall 7pc YoY
Dec petroleum products’ sales fall 7pc YoY
Source: Recorder Report
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Petroleum consumption falls 15pc
Petroleum consumption falls 15pc
Source: Dawn News
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Petroleum prices likely to remain stable in next review
Petroleum prices likely to remain stable in next review
Source: Islamabad Post
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Petroleum prices to remain stable amid steady crude and rupee rates
Petroleum prices to remain stable amid steady crude and rupee rates
Source: The News
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Half of Russia’s 2023 oil and petroleum exports went to China – Russia’s Novak
Half of Russia’s 2023 oil and petroleum exports went to China – Russia’s Novak
Source: Reuters
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Govt announces upto Rs 14/litre cut in the prices of petroleum products for second half of December
Govt announces upto Rs 14/litre cut in the prices of petroleum products for second half of December
Source: Profit Pakistan
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Pakistan’s petroleum imports under Saudi oil facility reach $400m in July-October
Pakistan’s petroleum imports under Saudi oil facility reach $400m in July-October
Source: Profit.Pakistan
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Petroleum import bill shrinks by 16.93pc
Petroleum import bill shrinks by 16.93pc
Source: The Nation
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Govt decides to revise oil prices on weekly basis
Govt decides to revise oil prices on weekly basis
Source: Business Recorder
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From The Past Pages Of Dawn: 1973: Fifty Years Ago: Petroleum prices raised
From The Past Pages Of Dawn: 1973: Fifty Years Ago: Petroleum prices raised
Source: Dawn News
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Jul-Oct: Petroleum group imports register negative growth of 16.93pc
Jul-Oct: Petroleum group imports register negative growth of 16.93pc
Source: Business Recorder
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Petroleum imports: OMAP seeks review of existing formula for calculating exchange rate
Petroleum imports: OMAP seeks review of existing formula for calculating exchange rate
Source: Business Recorder
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A Global Petroleum Recession?
A Global Petroleum Recession?
Source: CDN
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Geopolitics Could Send Oil Prices Up—Or Down
Geopolitics Could Send Oil Prices Up—Or Down
Source: Forbes
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POL sales plunge 24% YoY amid high prices, economic distress
POL sales plunge 24% YoY amid high prices, economic distress
Source: Business Recorder
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Mideast conflict: Oil investors rotate from WTI to Brent: Kemp
Mideast conflict: Oil investors rotate from WTI to Brent: Kemp
Source: Reuters
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Let there be crude; Pakistan, China ink petroleum sector agreement
Let there be crude; Pakistan, China ink petroleum sector agreement
Source: Profit Pakistan
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Norway To Drop ‘Petroleum’ From Energy Ministry’s Name
Norway To Drop ‘Petroleum’ From Energy Ministry’s Name
Source: OilPrice.com
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Petroleum dealer’s margin likely to increase again by Rs0.88
Petroleum dealer’s margin likely to increase again by Rs0.88
Source: 24 News
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Petroleum Div proposes upto 172pc raise in gas rates for domestic use
Petroleum Div proposes upto 172pc raise in gas rates for domestic use
Source: The Nation
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MARI Petroleum drills and tests appraisal well in Sindh
MARI Petroleum drills and tests appraisal well in Sindh
Source: The News
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Pakistan Considers Long-Term LNG Deal
Pakistan Considers Long-Term LNG Deal
Source: Rigzone
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What Impact Will Energy Transition Have on Oil Price?
What Impact Will Energy Transition Have on Oil Price?
Source: Rigzone
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OMC, dealers’ margin increased by up to 88 paisas
OMC, dealers’ margin increased by up to 88 paisas
Source: etribune
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Russia delivers first shipment of liquefied petroleum gas to Pakistan
Russia delivers first shipment of liquefied petroleum gas to Pakistan
Source: Prensa Latina
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Petroleum crisis looms as prices soar globally
Petroleum crisis looms as prices soar globally
Source: etribune
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Court summons caretaker PM Kakar over petroleum price hike
Court summons caretaker PM Kakar over petroleum price hike
Source: Geo TV
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Tankers’ strike disrupts petroleum supply | The Express Tribune
Tankers’ strike disrupts petroleum supply | The Express Tribune
Source: etribune
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Petroleum levy target likely to be missed for FY 2023-24
Petroleum levy target likely to be missed for FY 2023-24
Source: Dunya News
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Petroleum price parity with the US
Petroleum price parity with the US
Source: Dawn News
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Petroleum prices beyond our control, says caretaker PM
Petroleum prices beyond our control, says caretaker PM
Source: The Nation
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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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