oil and gas exploration

Pakistan reopens offshore exploration after 20 years, 23 agreements signed

Agreements signed for 23 blocks in the Indus and Makran basins to attract foreign investment and boost offshore oil and gas exploration.

May 20, 2026

Pakistan in talks with Russia on oil sector agreement: Finance minister

Finance Minister Muhammad Aurangzeb says Pakistan is pursuing Russian oil and gas exploration agreements and refinery modernization, as bilateral trade surges, driven by discounted oil imports and cooperation.

December 16, 2025