Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Sam Fender Olivia Dean break UK chart record with Rein Me In after 16 weeks at No. 1.
    Videos

    Sam Fender, Olivia Dean Break 30-Year UK Chart Record

    July 12, 2026 2 Min Read
    Angry Birds Movie 3 trailer by Paramount animated sequel before December 2026 release
    Videos

    Angry Birds Movie 3 Trailer Sets Dec 23 Release

    June 30, 2026 1 Min Read
    Olivia Wilde Trailer Gregg Araki Thriller I Want Your Sex Trailer Shows Olivia
    Videos

    Olivia Wilde Trailer Shows Gregg Araki Thriller I Want Your Sex Trailer Shows Olivia

    June 11, 2026 1 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: US-Pakistan Joint Oil Reserves Development Sparks Optimism
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
US President Donald Trump and Pakistan Prime Minister Shehbaz Sharif.
PhotoNews Pakistan > Pakistan > US-Pakistan Joint Oil Reserves Development Sparks Optimism
PakistanTop News

US-Pakistan Joint Oil Reserves Development Sparks Optimism

Web Desk
By Web Desk Published July 31, 2025 3 Min Read
Share
Image featured US President Donald Trump and Pakistan Prime Minister Shehbaz Sharif.
SHARE

On July 31, 2025, U.S. President Donald Trump announced a trade deal with Pakistan, including joint development of the country’s “massive” oil reserves. Trump stated on social media, “We are in the process of choosing the oil company that will lead this partnership. Who knows, maybe they’ll be selling oil to India someday!”

Oil industry experts have characterised the recent Pakistan-US deal as a positive step for Pakistan’s untapped oil and gas sector, which possesses considerable growth potential and promising opportunities, particularly in Balochistan, Khyber Pakhtunkhwa, and the tribal districts near Afghanistan. Furthermore, the development of offshore reserves and increased international collaboration could equip Pakistan with the essential resources it currently lacks.

Energy experts highlight that insufficient infrastructure and consistent under-investment have historically impeded exploration efforts. They consider the new partnership a vital step to attract investment, implement advanced technology, and encourage healthy competition within the sector.

Pakistan is estimated to have around 9 billion barrels of technically recoverable shale oil, according to the U.S. Energy Information Administration (EIA). Experts believe that harnessing these resources could significantly transform Pakistan’s economy, much like the impact of Saudi Arabia’s Aramco discovery.

Security and Exploration Challenges

Experts acknowledged hurdles, including law and order issues in Balochistan and Khyber Pakhtunkhwa, where militancy involving Tehreek-i-Taliban Pakistan and Baloch separatists persists. These regions, key to the China-Pakistan Economic Corridor, require improved security to attract investment. Offshore areas, free from such constraints, represent an under-explored opportunity.

The US sealed a trade deal with Pakistan as their officials wrapped up talks in Washington, agreeing to develop oil reserves https://t.co/Ut6jH2uPEx

— Bloomberg (@business) July 31, 2025

Pakistan’s current proven oil reserves stand at 353 million barrels, with production at 60,000 barrels per day and imports exceeding $12 billion annually, mainly from Saudi Arabia, the UAE, Qatar, Kuwait, and China.

The deal could reduce Pakistan’s reliance on imports and boost its economy. If realised with U.S. expertise, it might lead to a “transformative path,” as Khan described, fostering ambition in energy exploration. This aligns with Trump’s broader trade strategy, though details remain pending.

Read:Trump Terms India and Russia as “Dead Economies,” Imposes 25% Tariff on Indian Imports

The US-Pakistan trade deal signals potential economic growth for Pakistan amid energy challenges. It could enhance bilateral ties and global energy dynamics. For accurate updates on international trade, rely on trusted sources to avoid misinformation.

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Recent Posts

Meghan Markle in “With Love, Meghan” beside an Emmy statuette following the show’s Daytime Emmy nomination.

Meghan Markle’s ‘With Love, Meghan’ Earns Emmy Nomination

PSX logo with a red downward market chart, Pakistan flag, dark financial district backdrop, and a charging bull.

KSE-100 Weekly Decline Hits 6,438 Points at PSX

Christopher Nolan The Odyssey trailer

The Odyssey Streaming Date Remains Unannounced

Post Archives

More Popular from Photonews

James Franco with shared video footage describing a possible non-human encounter.
Entertainment

James Franco Alien Videos Spark Film Promo Speculation

1 Min Read
Meta AI logo displayed on a smartphone with a purple and blue technology background.
Tech

Meta AI Detection Tool Misses 55% of Cropped Images

2 Min Read
Islamabad airport
Business

Islamabad Airport Outsourcing Gets ADB Advisory Deal

1 Min Read
World

UK Immigration Rules Add Suspended Terms to Deportation

LONDON, United Kingdom: UK immigration rules will expand the grounds for deportation from August 3. The…

July 13, 2026
Entertainment

Sophie Rain Tours $5 Million Mansion Bought With OnlyFans Earnings

Content creator Sophie Rain gave fans a tour of her new $5 million mansion, showcasing a…

July 15, 2026
Sports

Draymond Green Pitches to LeBron James for the Warriors

Golden State Warriors forward Draymond Green said Sunday that he made a recruiting pitch to LeBron…

July 13, 2026
Sports

Noskova Beats Muchova 6-2, 5-7, 6-3 to Win Wimbledon

Linda Noskova beat Karolina Muchova 6-2, 5-7, 6-3 on Saturday to win the Wimbledon women’s title…

July 12, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

    Categories

    • World
    • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir

     

    • Top News
    • Business
    • Entertainment
    • Sports
    • Videos
    • Tech
    • Offbeat
    • Blog
    • About Us
    • Privacy Policy
    • Code of Ethics & Editorial Standards

    © 2026 Phototnews
    All Rights Reserved.

    Welcome Back!

    Sign in to your account

    Lost your password?