Energy Global LNG: Asia spot prices hold at 6-month high as hot weather drives demand LONDON: Asian spot liquefied natural gas (LNG) prices were steady this week, holding near a six-month peak on higher... Published 07 Jun, 2024 05:34pm
Energy Pakistan power crisis deepened by mountain tourism SKARDU: In the mountainous valleys of Pakistan, 18-hour daily power cuts have meant local teacher Aniqa Bano uses... Published 07 Jun, 2024 11:42am
Energy Oil pares gains after US data deflates expectations of near term rate cut LONDON: Oil pared gains on Friday as demand concerns intensified after strong U.S. jobs data soured hopes of the... Updated 07 Jun, 2024 08:10pm
Energy Saudi says OPEC+ can pause or reverse oil output boost ST PETERSBURG: OPEC+ can pause or reverse oil production increases if the market weakens, the Saudi energy minister... Published 07 Jun, 2024 06:24am
Energy 247 Illegal gas connections removed in Sindh, Balochistan KARACHI: The Sui Southern Gas Company Limited’s Security Services and Counter Gas Theft Operations (SS&CGTO)... Published 07 Jun, 2024 06:24am
Energy LPG consumers may face price hike ISLAMABAD: LPG consumers may face a price hike if the upcoming national budget increases the GST on LPG imports. ... Published 07 Jun, 2024 06:24am
Energy Sinopec unit agrees $1.1bn deal to build gas pipelines for Saudi Aramco A Sinopec service unit said on Thursday it has signed a 7.956 billion yuan ($1.10 billion) deal to build natural gas... Published 06 Jun, 2024 03:14pm
Energy US natural gas prices up NEW YORK: US natural gas futures on Thursday climbed about 3% to a 20-week high on a recent drop in daily output and... Published 07 Jun, 2024 06:24am
Energy Oil up after European, Denmark central bank rate cuts HOUSTON: Oil prices rose on Thursday as the European Central Bank cut interest rates for the first time in roughly... Published 07 Jun, 2024 06:24am
Energy OPEC head rejects criticism over oil deal, says demand is good ST PETERSBURG: OPEC Secretary General Haitham Al Ghais on Thursday defended the recent adjustments to the OPEC+ oil... Published 06 Jun, 2024 01:45pm
Energy Solar investment outstrips all other power forms: IEA PARIS: More money is pouring into solar power than all other electricity sources combined, with investments set to... Published 06 Jun, 2024 12:39pm
Energy South Korea’s KOMIPO seeks LNG for August delivery SINGAPORE: South Korea’s Korea Midland Power Co (KOMIPO) is seeking 3.2-3.8 trillion British thermal units (TBtu) of... Published 06 Jun, 2024 11:27am
Energy Oil extends gains with September Fed rate cut in focus LONDON: Oil extended gains on Thursday, as support from growing expectations of an interest rate cut from the U.S.... Updated 06 Jun, 2024 05:36pm
Energy Pakistan Energy Conference 2024 held ISLAMABAD: The Pakistan Energy Conference 2024 was held on Wednesday here at a local hotel with the theme,... Published 06 Jun, 2024 03:09am
Energy US natural gas prices up 2pc on recent drop in daily output NEWYORK: U.S. natural gas futures edged up about 2% on Wednesday on a decline in daily gas output after higher ... Published 06 Jun, 2024 03:09am
Energy Oil eases as US crude, fuel stock builds bolster demand jitters HOUSTON: Oil prices edged lower on Wednesday as a surprise build in US crude stocks and larger-than-expected rise in... Published 06 Jun, 2024 03:09am
Energy Qatar signs 27-year gas supply deal with Taiwan’s CPC DOHA: Qatar has agreed to supply the Taiwan-headquartered Chinese Petroleum Corp (CPC) with natural gas for 27... Published 05 Jun, 2024 05:03pm
Energy Power Division rejects reports of ending net metering policy The Power Division on Wednesday rejected reports claiming that the government might take a decision to end the net... Updated 05 Jun, 2024 10:18pm
Energy UAE’s non-oil business growth retains slower pace in May, PMI shows DUBAI: Capacity constraints weighed on non-oil business activity in the United Arab Emirates in May with output... Published 05 Jun, 2024 10:45am
Energy Oil eases as US crude, fuel stock builds bolster demand jitters HOUSTON: Oil prices edged lower on Wednesday as a surprise build in U.S. crude stocks and larger-than-expected rise... Updated 05 Jun, 2024 08:55pm
Energy Petroleum dealers reject plans aimed at selling diesel on roads thru DDTs KARACHI: The petroleum dealers have strongly opposed the plan to sell diesel on roads through Doorstep Delivery... Published 05 Jun, 2024 07:08am
Energy US natural gas prices ease on forecasts for less demand NEW YORK: US natural gas futures eased about 1% on Tuesday on forecasts for less demand over the next two weeks than... Published 05 Jun, 2024 08:16am
Energy Oil drops as OPEC+ decision spotlights shaky demand HOUSTON: Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later this... Published 05 Jun, 2024 08:17am
Energy Saudi non-oil activity growth slows in May, PMI shows DUBAI: Growth in non-oil business activity in Saudi Arabia eased in May as new orders rose at the slowest pace in 25... Published 04 Jun, 2024 11:14am
Energy Oil drops more than $1 as OPEC+ decision spotlights shaky demand LONDON: Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later this... Updated 04 Jun, 2024 07:29pm
Energy Czech premier sees end of Russian oil dependence by mid-2025 PRAGUE: The Czech Republic will end its dependence on Russian oil by mid-2025 thanks to an expansion of the... Published 05 Jun, 2024 07:47am
Energy KE Seeks Nepra’s guidance on FCA plea for April 2024 KARACHI: National Electric Power Regulatory Authority (NEPRA) has announced a public hearing on June 12, 2024, for... Published 05 Jun, 2024 07:47am
Energy ‘Upgrade agreements with domestic refineries’: CCoE yet to schedule deliberations on Petroleum Division plea ISLAMABAD: The Cabinet Committee on Energy (CCoE) has yet to schedule deliberation on the request forwarded by the... Published 04 Jun, 2024 06:28am
Energy Fesco chief orders continuous power supply FAISALABAD: On special directives of the Ministry of Energy (Power Division), Chief Executive Officer (CEO)... Published 04 Jun, 2024 06:28am
Energy Oil dives 3pc, OPEC+ decision fails to allay demand worries NEW YORK: Oil prices tumbled more than $2 a barrel on Monday to multi-month lows, as investors worried about the... Published 04 Jun, 2024 06:28am