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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.
All this oil and outward journey nowhere
A combination of East-West geopolitical rivalries and haggling among former Soviet republics is delaying the construction of a series of oil and gas pipelines that could help alleviate the world’s energy-supply concerns.
Energy experts say meeting the world’s increasing energy needs in the coming decades lies in building a dozen existing and planned pipelines capable of [...]
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 [...]
India to pay more for Iran LNG
India is willing to pay a higher price for extra quantities of liquefied natural gas from Iran if the Islamic nation honours an existing contract for five million tonnes, Oil Minister Murli Deora said on Monday.
India in June 2005 signed a deal with Iran to import 5 million tonnes of LNG annually over a 25-year [...]
