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Energy

Energy

K-Electric holds 110th AGM

KARACHI: K-Electric (KE) held its 110th Annual General Meeting (AGM) for FY 2020. With the on-going Covid-19...
Published 27 Nov, 2020 03:08am
Energy

SSGC clarification

KARACHI: This is with reference to a news item 'SSGCL threatens to cut off gas supply to PSM' carrying by Business...
Published 27 Nov, 2020 03:08am
US natgas futures edge up to one-week high on record LNG exports
Energy

US natgas futures edge up to one-week high on record LNG exports

  • That small price increase came despite a continued rise in output, forecasts for milder weather and lower heating demand next week and an expected.
  • Last week's decrease cut stockpiles to 3.940 trillion cubic feet (tcf) or 6.8% above the five-year average of 3.690 tcf for this time of year.
Published 26 Nov, 2020 12:34am
US drillers add oil and gas rigs for fourth month: Baker Hughes
Energy

US drillers add oil and gas rigs for fourth month: Baker Hughes

  • The oil and gas rig count, an early indicator of future output, rose 10 to 320 in the week to Nov. 25, energy services firm.
  • There was a single week decline in oil drilling activity (last week) going against the recent trend in higher drilling activity.
Published 26 Nov, 2020 12:28am
US natgas futures rose to one-week high on cooler forecasts
Energy

US natgas futures rose to one-week high on cooler forecasts

  • On its second to last day as the front-month, gas futures for December delivery rose 6.4 cents, or 2.4%, to settle at $2.775 per million British thermal units (mmBtu),
  • The January contract, which will soon be the front-month, gained 6 cents to $2.89 per mmBtu.
Published 25 Nov, 2020 02:25am