Energy TotalEnergies Q1 net income falls 22% on lower gas prices French energy giant TotalEnergies posted a 22% decline in first-quarter earnings versus a year earlier on Friday as... Published 26 Apr, 2024 12:17pm
Energy Oil prices on track to snap two-week losing streak Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top US... Updated 26 Apr, 2024 12:08pm
Energy Oil eases on US fuel demand concerns HOUSTON: Oil prices edged down on Thursday after slower economic growth in the first quarter added to concerns of... Published 26 Apr, 2024 04:15am
Energy Despite lower finance cost, National Refinery posts Rs2.87bn loss in 3QFY24 Despite higher revenues and lower finance cost, National Refinery Limited (NRL), the country’s only lube refinery,... Updated 25 Apr, 2024 09:06pm
Commodities Oil eases on US fuel demand concerns HOUSTON: Oil prices edged down on Thursday after slower economic growth in the first quarter added to concerns of... Updated 25 Apr, 2024 09:13pm
Energy 17MW Ranolia hydropower project: KP approves rehabilitation, restoration PESHAWAR: The Khyber Pakhtunkhwa Cabinet which met under the chairmanship of Chief Minister Sardar Ali Amin Gandapur... Published 25 Apr, 2024 03:05am
Energy US natural gas prices drop on forecasts for less demand NEW YORK: US natural gas futures slipped about 5% on Wednesday on an outlook for reduced heating demand next week ... Published 25 Apr, 2024 03:05am
Energy Oil prices fall as US business activity cools NEW YORK: Oil prices were moderately lower on Wednesday as worries over conflict in the Middle East eased and... Published 25 Apr, 2024 03:05am
Energy Spotlight: Iran-Pakistan gas pipeline and some key facts KARACHI: Iranian President Ebrahim Raisi’s visit to Pakistan this week put the spotlight on a major gas pipeline... Published 24 Apr, 2024 03:42pm
Commodities Oil prices fall as US business activity cools, concerns over Middle East ease NEW YORK: Oil prices were moderately lower on Wednesday as worries over conflict in the Middle East eased and... Updated 24 Apr, 2024 09:31pm
Energy Pakistan refiners warn $6bn upgrades at risk due to fuel price deregulation plan KARACHI: Pakistan's plans to deregulate fuel prices could lead refiners to halt planned upgrades worth up to $6... Updated 23 Apr, 2024 08:45pm
Energy Technology transfer, license deal between SSGC, Itron Inc: CCP grants time bound approval to exemption application ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted a time bound approval to the exemption... Published 24 Apr, 2024 03:50am
Energy PPL augments production KARACHI: Pakistan Petroleum Limited (PPL) has announced a substantial augmentation in its production output, with ... Published 24 Apr, 2024 03:50am
Energy Oil prices gain as dollar slips, focus shifts to economic data NEW YORK: Oil prices rose a dollar a barrel on Tuesday as the US dollar index fell to its lowest in over a week and... Published 24 Apr, 2024 03:50am
Energy US natural gas prices ease on mild weather forecast NEW YORK: US natural gas futures fell on Tuesday, pressured by forecasts for mild weather leading to lower gas ... Published 24 Apr, 2024 03:50am
Energy EU Commission expects gas prices to fall BRUSSELS: The European Commission expects gas prices to fall as the global suppply of liquefied natural gas (LNG)... Published 24 Apr, 2024 03:50am
Commodities Oil falls back after robust EU data as Mideast tensions linger Oil prices slipped on Tuesday after a short-lived boost from stronger economic data out of Europe as the market... Updated 23 Apr, 2024 08:23pm
Energy US crude futures climb back into positive territory HOUSTON: US crude futures returned to positive territory on Monday after falling on easing fears of a wider Mideast... Published 23 Apr, 2024 03:41am
Energy PPL sees significant boost in oil & gas production Pakistan Petroleum Limited (PPL) has registered a significant increase in hydrocarbon production from its wells... Updated 22 Apr, 2024 04:06pm
Energy First oil discovery made in Mari D&PL Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has discovered... Published 22 Apr, 2024 02:49pm
Commodities US crude futures climb back into positive territory HOUSTON: U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider... Updated 22 Apr, 2024 09:07pm
Energy US natural gas prices little changed as colder forecasts offset storage oversupply NEW YORK: US natural gas futures were little changed on Friday as bullish forecasts for cooler weather and more... Published 21 Apr, 2024 04:10am
Energy China's imports of Russian oil near record high in March BEIJING: Russia remained China’s top oil supplier in March, data showed on Saturday, as refiners snapped up stranded... Published 20 Apr, 2024 06:30pm
Energy Disconnects 121 illegal connections: SSGC countering gas theft incidences KARACHI: The Sui Southern Gas Company has been fighting the menace of gas theft for the past couple of years. Ever... Published 20 Apr, 2024 04:18am
Energy Energy sector: Pakistan should implement broad-based structural reforms ISLAMABAD: Pakistan has to bring and strictly implement broad-based structural reforms in the energy sector to get... Published 20 Apr, 2024 04:18am
Energy PSO & Railways inaugurate fuel management system KARACHI: Marking a momentous occasion in the nation’s transportation infrastructure, the country’s leading ... Published 20 Apr, 2024 04:18am
Commodities Global LNG: Asia spot LNG at fresh three-month high on supply concerns LONDON: Asian spot liquefied natural gas (LNG) prices rose this week to a new three-month high due to supply... Published 19 Apr, 2024 06:51pm
Energy Oil slips after Iran plays down reported Israeli attack Oil slipped on Friday following an earlier price spike of more than $3 after Iran played down reported Israeli... Updated 19 Apr, 2024 08:40pm
Energy SSGC continues to make inroads into gas theft cases KARACHI: Sui Southern Gas Company (SSGC) continued to make inroads into gas theft cases through its regular raids in... Published 19 Apr, 2024 05:07am
Energy Industries, CNG stations in Sindh: SSGC’s 24-hour gas holiday KARACHI: Sui Southern Gas Company (SSGC) has announced 24-hour gas holiday for industries including their power... Published 19 Apr, 2024 05:07am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?