Energy US natgas prices hold near 14-week high NEW YORK: US natural gas futures held near a 14-week high on Tuesday as a bullish decline in output and increase in... Published 08 May, 2024 07:26am
Energy Oil slides as easing supply concerns overshadow ME tensions NEW YORK: Oil prices steadied on Tuesday as easing supply concerns and signs of weakening demand countered fears of... Published 08 May, 2024 07:33am
Energy Research shows how batteries, renewables can reshape power landscape KARACHI: Battery energy storage systems (BESS) in combination with solar and wind power can bring down electricity... Published 08 May, 2024 06:43am
Energy Iran using Malaysian providers to bust oil sanctions: US SINGAPORE: Iran has relied on Malaysian service providers to get around international sanctions and sell its oil in... Published 08 May, 2024 06:43am
Energy Oil steadies as weak physical markets balance Middle East tensions LONDON: Oil steadied on Tuesday as weakness in the physical market countered concern about conflict in the Middle... Updated 07 May, 2024 04:53pm
Energy Saudi Aramco maintains dividend despite lower net income in Q1 DUBAI: Saudi Arabia’s state-owned oil giant Aramco reported a 14.4% fall in first-quarter net profit on the back of... Published 07 May, 2024 11:36am
Energy World Bank's support for reforms in energy sector praised ISLAMABAD: Federal Minister for Petroleum Dr Musadik Malik and Federal Minister for Power Awais Leghari held a... Published 07 May, 2024 06:28am
Energy KE’s renewable ambitions garner interest from developers KARACHI: While Pakistan contributes less than 1.0 percent towards global carbon emissions, a combination of... Published 07 May, 2024 06:55am
Energy Oil climbs as Gaza tensions rise, KSA hikes prices HOUSTON: Oil futures rose on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect... Published 07 May, 2024 07:30am
Energy US natgas flows to Freeport LNG in Texas rise to 2-month high NEW YORK: The amount of natural gas flowing to Freeport LNG’s export plant in Texas rose to a two-month high on... Published 07 May, 2024 07:31am
Energy OMAP for formation of dedicated unit within SIFC LAHORE: The Oil Marketing Association of Pakistan (OMAP) has proposed the establishment of a dedicated unit within... Published 07 May, 2024 06:23am
Energy Gasoline demand growth to slow this year on EV growth in China, US NEW DELHI: Global petrol demand growth could halve in 2024, squeezing second-half refinery margins, analysts said,... Published 06 May, 2024 11:51am
Energy Oil climbs as Gaza tensions rise, Saudi Arabia hikes prices LONDON: Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the... Updated 06 May, 2024 04:50pm
Energy Minister says Thar coal best suited for gasification KARACHI: Sindh Minister for Energy, Planning and Development Syed Nasir Hussain Shah presided over a meeting on ... Published 06 May, 2024 05:30am
Energy Saudi Arabia’s non-oil business activity growth steady in April-PMI DUBAI: Saudi Arabia’s non-oil business activity grew at a steady rate in April despite a slowdown in new order... Published 05 May, 2024 01:31pm
Energy Coal power producer fails to stop regulator from en-cashing bank guarantee LAHORE: A coal power producer has failed to stop the regulator from encashing performance bank guarantee, said... Published 05 May, 2024 02:54am
Energy Oil prices down on US jobs data NEW YORK: Oil prices settled lower on Friday, and posted their steepest weekly loss in three months as investors... Published 05 May, 2024 02:54am
Energy US natural gas futures jump on rising LNG feedgas NEW YORK: US natural gas futures jumped by about 5% on Friday and a record 33% for the week to a 13-week high as the... Published 05 May, 2024 02:54am
Energy OPEC+ likely to extend production cuts in June LONDON: Saudi Arabia and its allies in OPEC+ are likely to keep oil production unchanged for a further three months... Published 05 May, 2024 02:54am
Energy Industries, CNG stations: SSGC announces 24-hour gas holiday on 5th KARACHI: Sui Southern Gas Company (SSGC) has announced 24-hour gas holiday for industries including their power... Published 04 May, 2024 05:48am
Energy Apr POL products’ sales down 6pc YoY KARACHI: The petroleum products sales in Pakistan recorded a decline of 6 percent on year-on-year and 4 percent on... Published 04 May, 2024 05:48am
Energy Global LNG: Asia spot LNG price rises on hotter summer forecast, supply concerns LONDON: Asian spot liquefied natural gas (LNG) prices rose this week on forecasts for higher cooling demand this... Published 03 May, 2024 07:27pm
Energy Sales of petroleum products fall by 6% in April Sale of total petroleum products in Pakistan clocked in at 1.1 million tons in April, a decline of 6% year-on-year... Updated 03 May, 2024 10:49pm
Energy UAE’s April non-oil business activity slows sharply on flood impact, PMI shows DUBAI: Growth in the United Arab Emirates’ non-oil business sector eased to its lowest level in eight months in... Published 03 May, 2024 10:26am
Energy Oil prices set for steepest weekly drop in 3 months LONDON: Oil prices edged higher on Friday yet remained on course for their steepest weekly loss in three months... Updated 03 May, 2024 05:37pm
Energy SSGC removes over 5,200 illegal gas connections KARACHI: In a relentless effort to control the menace of gas theft, SSGC continued to conduct raids in its franchise... Published 03 May, 2024 06:29am
Energy China solar power development driving down production costs LAHORE: China large-scale development of solar power, coupled with continuous innovation and a complete industrial... Published 03 May, 2024 06:29am
Energy April sales 6-month low: OMCs ISLAMABAD: Oil marketing companies (OMCs) in April 2024 posted monthly sales of 1.1mn tons which is six months low... Published 03 May, 2024 06:29am
Energy For fortnight from May 1: Exchange rate adjustment on petrol, diesel allowed ISLAMABAD: The federal government allowed per litre exchange rate adjustment of Rs1.14 per litre on petrol and 17... Published 03 May, 2024 06:29am
Energy Shell Pakistan launches Shell Lubricant Solutions Shell, the leading global supplier of finished lubricants for 17 consecutive years, has launched Shell Lubricant... Published 02 May, 2024 05:06pm