Energy Going green: Lucky Cement completes 28.8MW wind power project Lucky Cement, one of Pakistan’s largest cement manufacturers, completed and commissioned the 28.8MW captive wind... Published 22 Oct, 2024 12:41pm
Energy Oil prices rise on China stimulus amid Mideast ceasefire push LONDON: Oil prices rose to $75 a barrel on Tuesday, extending gains from the previous session as investors weighed... Updated 22 Oct, 2024 04:50pm
Energy Qatar LNG sales to key Asian markets confronted by US-UAE rivalry DOHA: Qatar is finding it hard to agree new deals to supply liquefied natural gas (LNG) to Japan and South Korea as... Published 22 Oct, 2024 06:33am
Energy India to launch coal exchange soon NEW DELHI: India is planning to establish a coal exchange which will aim to stabilize prices of the fuel and improve... Published 22 Oct, 2024 06:33am
Energy Oil prices gain 2pc, recouping some of last week’s loss HOUSTON: Oil prices rose nearly 2 percent on Monday, recouping some of last week’s more than 7% decline, with no... Published 22 Oct, 2024 06:33am
Energy Saudi Aramco CEO says bullish on China and oil demand SINGAPORE: The head of Saudi Aramco said on Monday that they are fairly bullish on China and oil demand, especially... Published 21 Oct, 2024 10:00am
Energy Oil prices gain, recouping some of last week’s 7% loss Brent crude futures up 58 cents, or 0.79%, at $73.63 a barrel Updated 21 Oct, 2024 10:21pm
Energy China’s Sept fuel oil imports rise 6% from August SINGAPORE/BEIJING: China’s fuel oil imports climbed 6% month-on-month in September, customs data showed on Sunday.... Published 20 Oct, 2024 11:13am
Energy Malaysia’s crude oil supplies to China continue to surge in September BEIJING/SINGAPORE: China’s crude oil imports from Malaysia, its third-largest supplier, rose 17.5% in September from... Published 20 Oct, 2024 09:58am
Energy Oil edges up, but on track for biggest weekly loss in over a month SINGAPORE: Crude oil futures inched higher on Friday, supported by a surprise drop in U.S. oil inventories and... Published 20 Oct, 2024 05:51am
Energy Lesco all set to repatriate CPPs to national grid LAHORE: Lahore Electric Supply Company (Lesco) is all set to repatriate captive power plants (CPPs) to the national... Updated 19 Oct, 2024 07:18am
Commodities Global LNG: Asian spot prices inch up amid emerging demand SINGAPORE: Asian spot liquefied natural gas (LNG) gained for the first time since end-August this week, supported by... Published 18 Oct, 2024 05:39pm
Energy Oil prices fall, on track for 8% weekly decline on China demand woes HOUSTON: Oil futures fell on Friday and were on track for a weekly drop of 8% after data showed China’s economic... Updated 18 Oct, 2024 08:53pm
Energy Conical baffles: SSGC’s clarification about installation charges in gas bills KARACHI: This clarification is being issued in context to the installation charges of conical baffles in ... Published 18 Oct, 2024 06:10am
Energy Oil prices lower NEW YORK: Oil prices were down slightly on Thursday as investors waited on developments in the Middle East, while... Published 18 Oct, 2024 06:10am
Energy US natgas prices up on higher demand, ahead of storage report NEW YORK: US natural gas futures edged up about 1% on Thursday on forecasts for higher demand next week than... Published 18 Oct, 2024 06:10am
Energy Saudi Arabia’s crude oil exports in August hit one-year low Saudi Arabia’s crude oil exports in August fell to their lowest level in a year, data from the Joint Organizations... Published 17 Oct, 2024 03:27pm
Energy Oil prices edge lower, US crude stockpiles fall NEW YORK: Oil prices were down slightly on Thursday as investors waited on developments in the Middle East, while... Updated 17 Oct, 2024 10:02pm
Energy Crackdown intensified against corrupt elements within Lesco LAHORE: The Lahore Electricity Supply Company (LESCO) has launched a crackdown on corrupt elements within its ranks.... Published 17 Oct, 2024 06:34am
Energy Oil prices hold near 2-week NEW YORK: Oil prices held near a two-week low on Wednesday after dropping about 7% over the prior three days on... Published 17 Oct, 2024 06:34am
Energy Power supply normalised at Dhabeji Station: KE KARACHI: A technical fault at Dhabeji Pumping Station caused a disruption in power supply. K-Electric teams were... Published 17 Oct, 2024 08:02am
Energy Sinopec says east China shale oil field pumping at 1,600 tons a day SINGAPORE: Sinopec is advancing development of shale oil at its pilot project Jiyang in east China, pumping 1,600... Published 16 Oct, 2024 12:19pm
Energy Oil prices hold near 2-week low on lower oil demand growth forecasts NEW YORK: Oil prices held near a two-week low on Wednesday after dropping about 7% over the prior three days on... Updated 16 Oct, 2024 09:47pm
Energy US natural gas prices down NEW YORK: US natural gas futures held near a three-week low on Tuesday on expectations mild weather over the next ... Published 16 Oct, 2024 06:58am
Energy Oil prices plunge 4pc HOUSTON: Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a weaker demand outlook and after ... Published 16 Oct, 2024 06:58am
Energy IEA sees oil surplus looming, reassures on Iran supply risk LONDON: The world oil market is heading for a sizeable surplus in the new year, the International Energy Agency said... Updated 15 Oct, 2024 02:47pm
Energy Oil plunges 4% as Iran supply disruption concerns ease, demand outlook weakens HOUSTON: Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a weaker demand outlook and after... Updated 15 Oct, 2024 09:30pm
Energy US natgas prices slip NEW YORK: US natural gas futures dropped about 3% to two-week lows on Monday on forecasts for milder weather and ... Updated 15 Oct, 2024 08:40am
Energy Oil falls 2pc as OPEC cuts oil demand growth view, China concerns HOUSTON: Oil prices declined about 2% on Monday, wiping out all of last week’s gains, as OPEC’s lowering of its... Updated 15 Oct, 2024 08:43am
Energy PPL begins oil & gas production from Punjab Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, announced commencement of hydrocarbon production... Updated 15 Oct, 2024 12:02am