Energy Experts discuss options to promote renewable energy ISLAMABAD: The experts from energy, finance, banking sector and capital market on Wednesday discussed different... Published 05 Dec, 2024 06:47am
Energy Oil slightly down ahead of OPEC+ decision NEW YORK: Oil futures slipped on Wednesday as traders awaited an imminent OPEC+ decision on supply, while a... Published 05 Dec, 2024 06:47am
Energy Deals with IPPs: Nishat Chunian Power approves revised agreements with govt Nishat Chunian Power Limited (NCPL), an Independent Power Producer (IPP), has approved the implementation of amended... Updated 04 Dec, 2024 09:44pm
Energy PRL denies reports of importing Russian crude at discounted rates Pakistan Refinery Limited (PRL), a subsidiary of the Pakistan State Oil Company Limited (PSO), denied reports... Updated 04 Dec, 2024 09:37pm
Energy Pakistan defers LNG contract with Qatar for a year, petroleum minister says Development comes amid decline in country's power usage Updated 04 Dec, 2024 10:37pm
Energy Bangladesh’s RPGCL seeks LNG cargoes for Dec-Jan delivery, document shows SINGAPORE: Bangladesh’s Rupantarita Prakritik Gas Co Ltd (RPGCL) is seeking three liquefied natural gas (LNG)... Published 04 Dec, 2024 12:41pm
Energy Oil prices steady ahead of imminent OPEC+ decision; geopolitical turmoil in focus Oil prices were little changed on Wednesday, with traders expecting OPEC+ to announce an extension to supply cuts... Updated 04 Dec, 2024 07:42pm
Energy OPEC oil output rises in November: survey LONDON: OPEC oil output rose for a second month in November as Libya’s production recovered after resolution of a... Published 04 Dec, 2024 03:14am
Energy Fuel oil smuggling network rakes in $1bn for Iran and its proxies DUBAI: A sophisticated fuel oil smuggling network that some experts believe generates at least $1 billion a year for... Published 04 Dec, 2024 03:14am
Energy Petrol, HSD prices rise due to combined impact of taxes, OMCs’ margins ISLAMABAD: The combined impact of taxes and Oil Marketing Companies (OMCs) margins, accounting for 68 percent of... Published 04 Dec, 2024 03:14am
Energy US natgas prices decline NEW YORK: US natural gas futures fell about 4% to a two-week low on Tuesday on rising output and forecasts for ... Published 04 Dec, 2024 03:14am
Energy Oil prices rise ahead of OPEC+ meeting NEW YORK: Oil prices rose more than 1.5% on Tuesday as investors await an OPEC+ meeting expected to rubber stamp... Published 04 Dec, 2024 03:14am
Energy Russia’s crude oil and LNG shipments to Asia slip slightly in 2024: Russell LAUNCESTON: Asia’s imports of Russian crude oil and liquefied natural gas are set to log small declines this year... Published 03 Dec, 2024 12:37pm
Energy Exxon weighs sale of Singapore fuel stations for $1bn, Bloomberg News reports US oil major Exxon Mobil Corp is weighing a sale of its petrol stations in Singapore, a deal that could raise about... Published 03 Dec, 2024 12:35pm
Energy LNG traders divert cargoes from Europe to Asia as eastern demand strengthens SINGAPORE: Three liquefied natural gas (LNG) cargoes on course for Europe have been diverted to Asia to meet... Published 03 Dec, 2024 12:24pm
Energy Fuel oil smuggling network rakes in $1 billion for Iran and its proxies DUBAI: A sophisticated fuel oil smuggling network that some experts believe generates at least $1 billion a year for... Published 03 Dec, 2024 12:18pm
Energy Oil prices nudge higher ahead of OPEC+ meeting LONDON: Oil prices climbed nearly 1% on Tuesday, as traders awaited the outcome of an OPEC+ meeting later this week.... Updated 03 Dec, 2024 03:47pm
Energy K-Electric launches KHI Awards 2025 KARACHI: K-Electric (KE) has announced the launch of 4th edition of KHI Awards 2025 with call for entries opening... Published 03 Dec, 2024 07:28am
Energy QatarEnergy signs long-term LNG deal with Shell for delivery to China SINGAPORE: State-owned QatarEnergy has signed a long-term sales and purchase agreement with oil and gas major Shell... Published 02 Dec, 2024 03:29pm
Energy US natural gas futures drop NEW YORK: US natural gas futures fell nearly 5% to a more than a one-week low on Monday, pressured by an increase in... Published 03 Dec, 2024 06:09am
Energy Oil prices rise on Chinese data HOUSTON: Oil prices rose on Monday, as strong factory activity in China buoyed hopes of higher demand, and as... Published 03 Dec, 2024 06:09am
Energy Saudi Aramco holds Dec LPG OSPs steady, Sonatrach cuts by 2-3% MOSCOW: Oil producer Saudi Aramco left its December official selling prices (OSPs) for liquefied petroleum gas (LPG)... Published 02 Dec, 2024 03:27pm
Energy Oil rises on Chinese data, Middle East tensions HOUSTON: Oil prices rose on Monday, as strong factory activity in China buoyed hopes of higher demand, and as... Updated 02 Dec, 2024 09:32pm
Energy Power pilferage: LESCO to focus on multiple options LAHORE: In order to enhance the effectiveness of the anti-power theft campaign, Lahore Electric Supply Company... Published 01 Dec, 2024 03:13am
Energy Oil prices drift lower NEW YORK: Oil prices edged lower on Friday and posted a weekly decline of more than 3%, pressured by easing concern... Published 01 Dec, 2024 03:13am
Energy PPL announces new gas, condensate discovery in Sindh KARACHI: Pakistan Petroleum Limited (PPL), as operator of the Shah Bandar Block in District Sujawal, Sindh, has... Published 30 Nov, 2024 06:26am
Energy SSGC announces 24-hour gas holiday KARACHI: Sui Southern Gas Company (SSGC) has announced 24-hour gas holiday for all industries including their power... Published 30 Nov, 2024 06:26am
Commodities Global LNG: Asian spot LNG gains as colder weather drives demand SINGAPORE: Asian spot liquefied natural gas (LNG) prices gained for a third consecutive week to hit a new high for... Published 29 Nov, 2024 05:14pm
Energy Pakistan Petroleum Limited announces new oil & gas discovery in Sujawal Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, has made another significant hydrocarbon... Updated 29 Nov, 2024 08:52pm
Energy Oil heads for 2% weekly decline as supply risks ease LONDON: Oil prices were steady on Friday and heading for a weekly drop of more than 2%, pressured by easing concern... Updated 29 Nov, 2024 08:06pm