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natural gas

Grid firm OGE warns policy bottlenecks hamper pipeline switch to hydrogen

Bergmann said the entire network should be made hydrogen-ready in stages, to reach 100% by 2050.
OGE and sector peers last year already laid out a plan to devote 5,900 km solely to hydrogen use much sooner.

Published 14 Jan, 2021 07:13pm

Markets

Global natural gas production down 3.6pc in 2020

Output fell to 3,918 billion cubic metres (bcm) with North American production hardest hit, Rystad Energy estimates showed, lower than a previous estimate.
Reflecting the impact of lockdowns to curb the spread of the coronavirus, demand in Europe fell by 7%, or 40 bcm

Published 11 Jan, 2021 05:37pm

Business & Finance

China's Sinopec builds first phase of new shale gas field in Sichuan

Under the first phase of development that started around late 2019, Sinopec said it had drilled 56 wells attached to eight drilling platforms.

Published 06 Jan, 2021 01:25pm

Markets

U.S. natgas futures slide over 6% on mild weather, small storage draw

The U.S. Energy Information Administration (EIA) said utilities pulled 152 billion cubic feet (bcf) of gas from storage during the week ended Dec. 18.

Updated 24 Dec, 2020 03:25am

World

EU agrees its green transition fund will not support natural gas

Gas emits roughly 50% less CO2 than coal when burned in power plants, but it is associated with leaks of methane, a potent greenhouse gas.
Envoys from the EU's 27 member countries endorsed the deal on Wednesday, which was struck between EU governments and the European Parliament last week.

Published 17 Dec, 2020 01:18am

Markets

U.S. natgas futures slip on milder December weather forecasts

Data provider Refinitiv said output in the lower 48 U.S. states averaged 90.8 billion cubic feet per day so far in December.

Published 16 Dec, 2020 08:00pm

Markets

US natgas steadies as surging LNG exports offset milder weather view

Front-month gas futures settled mostly unchanged at $2.682 per million British thermal units, after slipping as much as 3.2% during the session.
At this point, the gas market is heavily influenced by the weather forecast concerning the short term price movement.

Published 16 Dec, 2020 02:07am

Markets

U.S. natgas futures rise on colder weather view, soaring LNG exports

Data provider Refinitiv said output in the Lower 48 U.S. states averaged 90.8 billion cubic feet per day so far in December.

Published 14 Dec, 2020 08:13pm

Markets

U.S. natgas futures rise to one-week high on colder forecasts

That compares with a seven-month high of 91.0 bcfd in November 2020 and an all-time monthly high of 95.4 bcfd in November 2019.

Published 11 Dec, 2020 07:40pm

Markets

U.S. natgas futures edge up ahead of storage report on cooler weather

Analysts said U.S. utilities likely pulled 83 billion cubic feet (bcf) of gas from storage during the week ended Dec. 4 as liquefied natural gas (LNG) exports hit a fresh record high.

Published 10 Dec, 2020 07:38pm

Markets

U.S. natgas futures edge up on record LNG exports, rising demand

The amount of gas flowing to U.S. LNG export plants, meanwhile, rose to an average of 10.7 bcfd so far in December, which would top November's 9.8-bcfd record.

Published 08 Dec, 2020 07:47pm

Pakistan

APCNGA seeks one-month extension in last date of filing tax returns

He said the CNG sector remained unable to file their tax returns due to some problems with the FBR’s online system of income tax calculation.

Published 07 Dec, 2020 03:13pm

Markets

U.S. natural gas futures rise near 3pc on cooler forecasts in early December

Oil futures have risen about 17pc so far this month on expectations of a rebound in global energy demand and economic activity as promising coronavirus vaccines are being developed.

Published 20 Nov, 2020 07:06pm

Markets

Turkey lifts Black Sea gas field estimate after new find: Erdogan

Erdogan said in August the field contained 320 billion cubic metres of gas, making it Turkey's biggest natural gas discovery.
"Work in this borehole has been completed after reaching a depth of 4,775 metres as planned previously," Erdogan said,

Published 18 Oct, 2020 12:39am

Markets

US natgas rises over 9pc on higher LNG exports, another hurricane

The amount of gas flowing to LNG export plants averaged 7.1 bcfd so far in October, up from 5.7 bcfd in September as vessels started to return to Cameron in Louisiana.

Published 05 Oct, 2020 07:51pm

Markets

Germany's gas imports rose in April, first four months of year

April imports totalled 447,872 Terajoules (TJ), or 12.7 billion cubic metres (bcm), trade statistics office BAFA.
Average prices across January-April were down 35.1% year-on-year at 3,508.03 euros/TJ.

Published 30 Jun, 2020 07:57pm

Markets

China targets rise in oil, natural gas output this year

The world's biggest energy consumer has set a goal of producing 193 million tonnes of crude, or 3.85 million barrels per day.
Those numbers compare to actual output of around 191 million tonnes of crude and 173.62 bcm of gas last year.

Published 22 Jun, 2020 05:39pm

Markets

About 33pc natural gas output shut in US Gulf after storm

About 33%, or 898.32 million cubic feet a day (cfd), of offshore natural gas output remains shut in the US Gulf after the storm's passage ashore.

Published 10 Jun, 2020 12:29am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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