Supply of power, gas to textile mill: MoC requests MoE to withdraw reduced tariff ISLAMABAD: The Ministry of Commerce has requested the Ministry of Energy to withdraw concessionary tariff on supply... Updated 30 Dec, 2021 10:06am
BR Research Electricity heating: Only for the affluent? Flash sales are up at electronic stores across the country. Instant electric devices for heating and cooking are in... Published 29 Dec, 2021 07:58am
Markets US natgas slips off 3-week peak on mild weather, lower demand forecasts NEW YORK: US natural gas futures slipped from a more than three-week high on Tuesday on forecasts for milder weather... Published 29 Dec, 2021 06:57am
Print Gas supply to power sector increased by 71pc ISLAMABAD: The federal government has altered gas management plan to increase gas supply to power sector by 71 per... Updated 29 Dec, 2021 10:29am
Opinion MoE’s love affair with furnace oil Gas and furnace oil (FO) crisis is becoming a norm in Pakistan in winters. To some extent, failure to procure... Published 26 Dec, 2021 03:57am
Print Domestic gas consumers: There will be no supply of LNG on ‘lower’ rates: Hammad ISLAMABAD: Federal Energy Minister Hammad Azhar said on Friday that the government would not supply imported... Updated 25 Dec, 2021 10:07am
Print Kandhkot field: PPL seeks govt nod to produce more gas ISLAMABAD: Pakistan Petroleum Limited (PPL) has sought government nod to produce additional 125 mmcfd gas from... Updated 22 Dec, 2021 09:57am
Editorials The gas addiction EDITORIAL: Federal Information Minister Fawad Chaudhry in a recent presser hinted at deregulation of gas sector. ... Published 20 Dec, 2021 06:29am
Opinion Gas: Is APTMA spinning tears? The tussle between the All Pakistan Textile Mills Association (APTMA) and Ministry of Energy (MoE) is turning into a... Published 19 Dec, 2021 04:37am
Markets TotalEnergies to conduct study for Zahrani power plant BEIRUT: TotalEnergies has agreed to conduct a technical and financial preliminary study related to building a... Published 14 Dec, 2021 06:40am
Markets US natgas eases ahead of storage report NEW YORK: US natural gas futures eased on Thursday ahead of a federal report expected to show last week’s storage... Published 10 Dec, 2021 04:29am
Markets US natgas rises from three-month low NEW YORK: US natural gas futures gained 3% on Friday from a three-month low the previous session on forecasts for... Published 05 Dec, 2021 04:26am
Print Import of ‘virtual pipeline’ to deliver LNG: GGPL awaiting licence from Ogra GWADAR: Gwadar Gas Port Limited (GGPL) is awaiting approval of provisional construction license from the Oil and Gas... Updated 30 Nov, 2021 09:40am
Print Gwadar needs separate authority to resolve civic issues: Mandviwalla Mandviwalla says that the local people would not stop protest and sit-ins, if we do not give ownership and provide basic facilities of life to them Updated 28 Nov, 2021 10:11am
Markets China CNOOC’s deepwater gas field hits daily peak output SINGAPORE: Chinese oil and gas major CNOOC Ltd’s first wholly-owned deepwater natural gas field “Shenhai No.1”... Published 26 Nov, 2021 05:15am
Business & Finance Export-oriented units: APTMA rejects sharp increase in gas prices LAHORE: Chairman All Pakistan Textile Mills Association (APTMA) Abdul Rahim Nasir on Friday rejected sudden hike in... Published 20 Nov, 2021 03:58am
World Russian gas flows via Yamal-Europe pipeline to Germany halted again MOSCOW/FRANKFURT: Gas flows through the Yamal-Europe pipeline westbound into Germany have stopped again and are... Published 07 Nov, 2021 05:39am
Opinion No solution in sight?— I We have no plans for either efficient power generation or reduction in transmission losses and theft and thus we ... Published 04 Nov, 2021 04:32am
Markets Russia’s Oct oil, gas condensate output hits 10.84m bpd, Ifax says MOSCOW: Russian oil and gas condensate output rose to 10.84 million barrels per day (bpd) last month from 10.72... Published 03 Nov, 2021 03:54am
Print Jul-Oct trade deficit swells 104pc YoY ISLAMABAD: The country's trade deficit has swelled by 104 percent to $ 15.525 billion during the first four months... Updated 02 Nov, 2021 09:48am
Print Supply to fertilizer plants: Ministry seeks Rs1.096bn LPS for payment to SNGPL ISLAMABAD: The Ministry of Industries and Production (MoI&P) has sought Late Payment Surcharge (LPS) of Rs 1.096... Updated 30 Oct, 2021 09:47am
Markets US natgas falls on lower European prices NEW YORK: US natural gas futures fell about 5% on Thursday, erasing the prior session's gains, on rising output,... Published 29 Oct, 2021 05:05am
Print Govt to receive Rs60bn GDS from private plants ISLAMABAD: Petroleum Division has testified before a panel of Public Account Committee (PAC) that an amount of Rs.60... Updated 25 Oct, 2021 09:44am
Opinion 'Shortage economy' Oil prices spiraling. Gas disappearing. Coal burning. Freight hiking. Trucks overloading. Flights cancelling. ... Published 25 Oct, 2021 05:33am
Pakistan Ogra organises talk on ‘Seeratun Nabi (PBUH)’ ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) organised a special talk on “Seeratun Nabi (Peace Be Upon... Published 21 Oct, 2021 04:38am
Print Spanish trial opens into quake-linked offshore gas project MADRID: Two businessmen went on trial Monday over their involvement in a large offshore gas storage project blamed... Published 19 Oct, 2021 03:52am
Markets Oil prices scale $85/bbl on back of supply deficit LONDON: Oil prices jumped to a three-year high above $85 a barrel on Friday, on forecasts of a supply deficit over... Published 16 Oct, 2021 04:49am
BR Research LNG new terminals Finally, the ball is rolling. With allocation of pipeline gas capacity, the possibility of having new LNG ... Published 11 Oct, 2021 07:25am
Markets Gas transmission network being reinforced ISLAMABAD: The two state-owned companies, Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company... Published 11 Oct, 2021 04:32am
Markets VLSFO firms as supply outlook tightens SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) firmed on Friday, pulling away from multi-month lows... Published 10 Oct, 2021 04:26am
Budget 2024-25 updates: Pakistan targets 3.6% growth, 38% higher FBR taxes as Aurangzeb presents proposals
Budget 2024-25 updates: Pakistan targets 3.6% growth, 38% higher FBR taxes as Aurangzeb presents proposals