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Pakistan Oil and Gas Make Policy To Support Oil and Gas Exploration Companies


The News reported that Exploration and Production companies would be offered USD 4.08 per mmbtu in as per 2009 petroleum policy, which was USD 3.65 per mmbtu in 2007 and USD 2.99 per mmbtu in 2001 petroleum policy.

Capricorn Energy New Success Story?


Scottish oil junior Cairn Energy [LSE:CNE], holding vast producing oil acreage in South-East Asia (India, Bangladesh, Pakistan and Nepal), has again made headlines lately. Based on its statements that it plans to return $944 million to shareholders after floating its Indian business, investors have renewed their interest.
Cairn has decided to split up its former company [...]