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Energy

Saudi Arabia may raise prices for most oil grades to Asia for June

SINGAPORE: Top oil exporter Saudi Arabia may raise prices for most of the crude grades it sells to Asia in June to...

Published 29 Apr, 2024 03:02pm

Energy

Shell earns $1 billion a year from US crude trading, court filing shows

HOUSTON: Financial details of Shell’s vast oil and gas trading business are some of the company’s closest-held...

Published 29 Apr, 2024 12:50pm

Energy

Mari Petroleum says will invest Rs2.5bn in mineral mining subsidiary via equity injection

The Board of Directors of Mari Petroleum Company Limited (MARI) has approved an investment of up to Rs2.5 billion by...

Updated 29 Apr, 2024 06:14pm

Energy

Oil prices steady on Hamas ceasefire talks

Oil prices were little changed on Monday as Israel-Hamas peace talks in Cairo tempered fears of a wider conflict in...

Updated 29 Apr, 2024 05:15pm

Energy

Saudi Arabia’s Vision 2030 projects to be adjusted as needed, finmin says

RIYADH/DUBAI: Saudi Arabia, the world’s top oil exporter, will adjust its Vision 2030 plan to transform its ...

Published 29 Apr, 2024 04:49am

Energy

Green energy sector: Govt asked to release soft loans

PESHAWAR: Sarhad Chamber of Commerce and Industry president Fuad Ishaq urged the government to issue soft loans for...

Published 29 Apr, 2024 04:49am

Energy

US natural gas futures drop

NEW YORK: US natural gas futures slipped on Friday ahead of the expiration of the May contract, weighed down by a...

Published 28 Apr, 2024 02:56am

Energy

Oil higher on supply concerns

HOUSTON: Oil prices settled higher on Friday, garnering support from tensions in the Middle East, but a strong ...

Published 28 Apr, 2024 02:56am

Energy

No intention to impose fixed tax on solar, Power Division clarifies

No such summary sent to the government, read the statement

Updated 27 Apr, 2024 08:07pm

Energy

Sindh, Balochistan: SSGC conducting continuous raids against gas theft miscreants

KARACHI: SSGC continued to keep gas theft miscreants on the run by conducting continuous raids across its franchise...

Published 27 Apr, 2024 05:03am

Energy

Industries, CNG stations: SSGC announces gas holiday on 29th

KARACHI: Sui Southern Gas Company (SSGC) has announced 24-hour gas holiday for industries including their power...

Published 27 Apr, 2024 05:03am

Energy

Global LNG: Asia spot LNG prices fall for first time in over two months

SINGAPORE: Asian spot liquefied natural gas (LNG) prices dropped slightly for the first time in more than two months...

Published 26 Apr, 2024 04:23pm

Energy

TotalEnergies Q1 net income falls 22% on lower gas prices

French energy giant TotalEnergies posted a 22% decline in first-quarter earnings versus a year earlier on Friday as...

Published 26 Apr, 2024 12:17pm

Energy

Oil prices on track to snap two-week losing streak

LONDON: Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top...

Updated 26 Apr, 2024 03:20pm

Energy

Oil eases on US fuel demand concerns

HOUSTON: Oil prices edged down on Thursday after slower economic growth in the first quarter added to concerns of...

Published 26 Apr, 2024 04:15am

Energy

Despite lower finance cost, National Refinery posts Rs2.87bn loss in 3QFY24

Despite higher revenues and lower finance cost, National Refinery Limited (NRL), the country’s only lube refinery,...

Updated 25 Apr, 2024 09:06pm

Energy

Oil eases on US fuel demand concerns

HOUSTON: Oil prices edged down on Thursday after slower economic growth in the first quarter added to concerns of...

Updated 25 Apr, 2024 09:13pm

Energy

17MW Ranolia hydropower project: KP approves rehabilitation, restoration

PESHAWAR: The Khyber Pakhtunkhwa Cabinet which met under the chairmanship of Chief Minister Sardar Ali Amin Gandapur...

Published 25 Apr, 2024 03:05am

Energy

US natural gas prices drop on forecasts for less demand

NEW YORK: US natural gas futures slipped about 5% on Wednesday on an outlook for reduced heating demand next week ...

Published 25 Apr, 2024 03:05am

Energy

Oil prices fall as US business activity cools

NEW YORK: Oil prices were moderately lower on Wednesday as worries over conflict in the Middle East eased and...

Published 25 Apr, 2024 03:05am

Energy

Spotlight: Iran-Pakistan gas pipeline and some key facts

KARACHI: Iranian President Ebrahim Raisi’s visit to Pakistan this week put the spotlight on a major gas pipeline...

Published 24 Apr, 2024 03:42pm

Energy

Oil prices fall as US business activity cools, concerns over Middle East ease

NEW YORK: Oil prices were moderately lower on Wednesday as worries over conflict in the Middle East eased and...

Updated 24 Apr, 2024 09:31pm

Energy

Pakistan refiners warn $6bn upgrades at risk due to fuel price deregulation plan

KARACHI: Pakistan's plans to deregulate fuel prices could lead refiners to halt planned upgrades worth up to $6...

Updated 23 Apr, 2024 08:45pm

Energy

Technology transfer, license deal between SSGC, Itron Inc: CCP grants time bound approval to exemption application

ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted a time bound approval to the exemption...