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Oil prices down ahead of US energy data
Source: Geo News | 21-08-2013

SINGAPORE: Oil prices fell in Asian hours Tuesday as traders await fresh stockpiles data, while keeping an eye on the release of US Federal Reserve minutes from its most recent meeting.

New York's main contract, West Texas Intermediate (WTI) for delivery in

October, was down 28 cents at $104.83 and Brent North Sea crude for October

slipped 44 cents to $109.71.


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OGDCL converts 3,052 workers as daily wagers Oil and Gas Development Company Limited (OGDCL) in a bid to provide maximum benefit to its majority of local workers, on Monday converted 3,052 third party workers on daily wages basis who were serving the organisation for last many years. According to a handout, OGDC has two categories of employees, officers and workers. There are nine grades for officer..... Read more
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Source: Tribune | 19-03-2013
Petroleum Policy 2012: Controversy over gas price could cost govt billions Although the Pakistan Peoples Party-led government has completed its tenure, it has left unresolved a controversy in the energy sector that can cost the public purse billions of rupees. Now, the upcoming short-lived caretaker setup will have to deal with the issue, which may lead to a fall in gas production. According to sources, soon after the approval o..... Read more
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