Energy Oil prices rise after positive US economic data LONDON: Oil futures rose on Thursday bolstered by slower than expected inflation and a stabilising U.S. job market,... Updated 16 May, 2024 07:37pm
Energy US natural gas NEW YORK: US natural gas futures climbed about 2% to a 15-week high on Wednesday on a drop in output and forecasts... Published 16 May, 2024 06:28am
Energy Oil prices gain NEW YORK: Crude prices edged up on Wednesday from a two-month low in the prior session as the market balanced... Published 16 May, 2024 06:28am
Energy APL inaugurates its flagship fuel station in Islamabad ISLAMABAD: One of the leading fuel retail brands in Pakistan, Attock Petroleum Limited organized the inauguration of... Published 16 May, 2024 06:29am
Energy IEA trims 2024 oil demand growth forecast, widens gap with OPEC LONDON: The International Energy Agency (IEA) on Wednesday trimmed its forecast for 2024 oil demand growth, widening... Published 15 May, 2024 08:57pm
Energy Investors abandon bullish case for US gasoline: Kemp LONDON: US gasoline prices and refining margins have come under pressure as inventories deplete more slowly than... Published 16 May, 2024 06:28am
Energy Qatar eyes more long-term gas supply deals this year DOHA: Qatar expects to sign more long-term natural gas supply deals this year to meet growing international demand,... Published 15 May, 2024 05:07pm
Energy Amid high tariffs, Pakistan’s industrial base is ramping up transition to solar power Taking advantage of the natural resource at their disposal, industries in Pakistan are switching towards solar to... Updated 15 May, 2024 11:06pm
Energy China LNG import capacity to grow to 250mn T per year by 2027-28, PetroChina official says BANGKOK: PetroChina expects China’s liquefied natural gas (LNG) import capacity to grow to 250 million metric tons... Published 15 May, 2024 12:20pm
Energy Oil rebounds, gains 1% after US crude draw, lukewarm inflation data NEW YORK: Oil prices rose nearly 1% on Wednesday from a two-month low in the prior session as the market balanced... Updated 16 May, 2024 12:34am
Energy US natural gas prices turn negative NEW YORK: US spot natural gas prices in Texas averaged below zero for Tuesday for the fourth time this month and the... Published 15 May, 2024 05:47am
Energy Oil down on inflation, supply risks in Mideast HOUSTON: Oil prices fell on Tuesday, after fresh US data indicated inflation remains sticky, while potential risks ... Published 15 May, 2024 05:47am
Energy OPEC sticks to oil demand view, shifts key forecast to OPEC+ LONDON: OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would... Published 14 May, 2024 05:54pm
Energy Oil dips as US data suggests inflation stickier than expected LONDON: Oil prices edged lower on Tuesday, after US data suggested inflation remains sticky, while OPEC maintained... Updated 14 May, 2024 07:47pm
Energy Dar, Gezhouba Group chairman discuss ongoing projects in Pakistan ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar met with the Chairman of Gezhouba Group on Mondayin... Published 14 May, 2024 05:18am
Energy US natgas prices little changed as rising demand offsets higher output NEW YORK: US natural gas futures were little changed on Monday as forecasts for more demand next week than ... Published 14 May, 2024 05:18am
Energy Oil prices rise as attention shifts to US inflation NEW YORK: Oil prices rose on Monday, as signs of improving demand in top importer China and potential supply... Published 14 May, 2024 05:18am
Energy Brent hovers above $83 as inflation data takes centre stage LONDON: Oil prices edged higher on Monday after losing about $1 a barrel in the previous session on signs that U.S.... Updated 13 May, 2024 06:30pm
Energy Chinese firms win licencing bids to explore Iraq oil, gas fields BAGHDAD: Chinese companies won bids to explore five Iraqi oil and gas fields on Saturday in a licensing round for... Published 12 May, 2024 03:09am
Energy US natural gas up on rising demand forecasts, lower output NEW YORK: US natural gas futures held near a 14-week high on Thursday on forecasts for more demand over the next two... Published 12 May, 2024 03:09am
Energy Oil slips on prospect of higher-for-longer US rates NEW YORK: Oil prices fell by nearly $1 a barrel on Friday as comments from US central bank officials indicated... Published 12 May, 2024 03:09am
Energy Iraq hopes oil reserves will exceed 160bn barrels: minister BAGHDAD: Iraq, one of the world’s biggest oil producers, aims to boost its crude reserves to more than 160 billion... Published 11 May, 2024 06:34pm
Energy ‘Cost-side reforms’: IMF says Pakistan needs to revisit terms of power purchase agreements Remarks come in staff report for the second and final review under $3-billion Stand-By Arrangement Updated 11 May, 2024 08:08pm
Energy Petroleum industry: OMAP, GOREX hold seminar to introduce AI-based safety steps LAHORE: Oil Marketing Association of Pakistan (OMAP) in collaboration with GOREX organised a seminar to introduce... Published 11 May, 2024 06:22am
Commodities Global LNG: Asian spot LNG prices rise on signs of stronger demand LONDON: Asian spot liquefied natural gas prices rose this week on stronger demand amid high temperatures in north... Published 10 May, 2024 05:48pm
Energy Saudi crude oil supply to China to fall 5.8mn bbls in June from May, sources say SINGAPORE: Chinese refiners will lift less Saudi crude oil in June than May, people with knowledge of the matter... Published 10 May, 2024 01:34pm
Energy Islamabad seeks Chinese assistance for completion of two hydropower projects Planning minister Ahsan Iqbal says government intends to revive original momentum of CPEC projects and remains committed to high-quality development Updated 10 May, 2024 08:28pm
Energy Oil benchmark Brent above $84 on perky US, China demand signals LONDON: Global benchmark Brent hovered above $84 a barrel on Friday after data this week signalled growing demand in... Updated 10 May, 2024 11:57pm
Energy Govt’s balancing act: incentivise solar, but not too much? KARACHI: Pakistan’s government has once again been caught in a tight spot. It wants to promote renewable energy –... Updated 10 May, 2024 09:51am
Energy Togh-02 well in KP: OGDCL announces commencement of production ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), the operator of the Togh and ToghBala Development ... Published 10 May, 2024 04:17am