Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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POL products’ consumption up by 9.7%, production 3.2 %

The consumption of petroleum products registered a growth rate of 9.7 percent during fiscal year 2016-17 as compared to previous year’s increase of 5.2 percent. During the year, main drivers of increased consumption were transport and

OGRA issued 21 gas regulation licenses since 2002

APP – Oil and Gas Regulatory Authority (OGRA) has so far issued around 21 licenses to different companies pertaining to regulated gas sector since 2002. The permits are meant for transmission and sale of gas

US Shale production dents oil prices

Oil prices continue to fall as rising US Shale output raises red flags for oversupply. OPEC recently acknowledged that U.S. shale production continues to rise too quickly, and suggested that supply growth would surpass demand

POL products’ consumption up by 9.7%, production 3.2 %

The consumption of petroleum products registered a growth rate of 9.7 percent during fiscal year 2016-17 as compared to previous year’s increase of 5.2 percent. During the year, main drivers of increased consumption were transport and

OGRA issued 21 gas regulation licenses since 2002

APP – Oil and Gas Regulatory Authority (OGRA) has so far issued around 21 licenses to different companies pertaining to regulated gas sector since 2002. The permits are meant for transmission and sale of gas

US Shale production dents oil prices

Oil prices continue to fall as rising US Shale output raises red flags for oversupply. OPEC recently acknowledged that U.S. shale production continues to rise too quickly, and suggested that supply growth would surpass demand