BR Research - Oil and Gas

Petroleum sales: slump continues

The ongoing crash in petroleum product sales is only prolonging. The overall volumetric sales by the sector have seen a decline of around 20 percent...

Shell Pakistan in 1HCY19

Shell Pakistan Limited (PSX: SHEL) announced its financial performance for the first half of 2019 earlier last week with a plunge in earnings from a...

Headwinds for the E&P sector?

FY19 has turned out a better year for the oil and gas exploration and production companies not only because of higher crude oil prices during...

Gas sector: planning all over the place

The energy sector complexities in contracts and its mismanagement are cascading not only across the energy chain, but could also have adverse implications in totally...

Oil price: bears in for a long haul

These are uncertain times for global commodity markets. And the first casualty of uncertainty before any commodity is oil. The US-China trade war could go...

Attock’s refineries injured and bleeding

Refineries are facing tough times – in terms of profitability as well as their inadequate refining capacity the up gradation process in their recently announced...

Petroleum sales wearing off

Petroleum sales have picked up month-on-month - starting FY20 on a better note for the oil marketing companies. But this increase is short-lived and too...

Energy mess to get messier

When a mistake repeats too many times, the authorities should be held responsible. There is another energy sector crisis looming due to lack of coordination...

MARI in FY19

Where the oil marketing companies were expected to be bruised this result season, the oil and gas exploration and production companies have been expected to...

Petroleum: all-time highs (and lows)

“Sales tax measures are mostly focused…. enhancing the sales tax of petroleum products,” read the Letter of Intent to the IMF. The GST on petrol...