Energy

OPEC+ talks tough, policy rollover possible, sources say

LONDON: OPEC+ talks on oil policy are difficult, making a rollover a possibility rather than deeper production cuts...

Published 28 Nov, 2023 07:19pm

Energy

Oil rises, Brent tops $80 ahead of OPEC+ meeting

LONDON: Oil prices rose on Tuesday as the possibility that OPEC+ will extend or deepen supply cuts was compounded by...

Updated 28 Nov, 2023 05:24pm

Energy

Completion of 8 water, hydropower projects to boost water storage: Wapda

LAHROE: With the completion of eight under-construction water and hydropower projects of Wapda, the carry over water...

Published 28 Nov, 2023 04:57am

Energy

OPEC head accuses IEA of vilifying fossil fuel industry

DUBAI: OPEC Secretary General Haitham Al Ghais on Monday accused the International Energy Agency (IEA) of vilifying...

Published 28 Nov, 2023 04:57am

Energy

US natgas hits two-month low on ample output, mild weather

NEW YORK: US natural gas futures fell to a two-month low on Monday, weighed down by record output while mild weather...

Published 28 Nov, 2023 04:57am

Energy

Brent crude oil flirts with $80 ahead of OPEC+ meeting

HOUSTON: Oil prices fell on Monday, with the Brent benchmark hovering around $80 a barrel as investors awaited this...

Published 28 Nov, 2023 04:57am

Energy

Bangladesh’s Summit Group in final talks to sign LNG deal with Petrobangla

SINGAPORE: Bangladesh’s Summit Group is in the last stage of discussions with the government to provide the nation...

Published 27 Nov, 2023 05:42pm

Energy

Rising electricity costs: Ghani Chemical to set up coal power plant at Port Qasim

Facing rising electricity costs, the Board of Directors (BoD) of Ghani Chemical Industries Limited (GCIL) has...

Updated 27 Nov, 2023 10:39pm

Commodities

Pakistan LNG awards tender to OQ Trading for Jan spot cargo delivery: report

SINGAPORE: Pakistan LNG Limited (PLL) has awarded a tender to OQ Trading for a spot liquefied natural gas (LNG)...

Published 27 Nov, 2023 03:06pm

Energy

China raises fuel oil import quotas by 3mn tons for non-state firms

BEIJING/SINGAPORE: China has issued an additional 3 million metric tons in fuel oil import quotas in 2023 for...

Published 27 Nov, 2023 11:15am

Energy

Brent falls below $80 ahead of OPEC+ meeting

LONDON: Oil prices fell on Monday, with the Brent benchmark dropping below $80 a barrel as investors awaited this...

Updated 27 Nov, 2023 06:11pm

Energy

OGDCL organises ‘Mindful Miles Walk’

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), in alignment with its Health, Diversity &...

Published 27 Nov, 2023 06:13am

Energy

Qasr-e-Naz lodges: Ministry allocates Rs5.80m against electricity bill

ISLAMABAD: The Ministry of Housing and Works has allocated an amount of Rs 5.80 million in the current financial ...

Published 27 Nov, 2023 06:13am

Energy

Russia’s Urals oil prices slip below $60

MOSCOW: Russian Urals oil prices were back below the $60 a barrel Western price cap on Friday as global benchmark...

Published 26 Nov, 2023 03:31am

Energy

Oil settles lower ahead of OPEC+ decision

LONDON: Oil fell on Friday as the release of some hostages in Gaza reduced the geopolitical risk premium, but prices...

Published 26 Nov, 2023 03:31am

Energy

US natural gas futures decline

NEW YORK: US natural gas futures dropped to their lowest in about two months on Friday and were set for a third...

Published 26 Nov, 2023 03:31am

Energy

OPEC+ moving closer to compromise with African producers

LONDON/ MOSCOW: OPEC+ has moved closer to a compromise with African oil producers on 2024 output levels, three OPEC+...

Published 25 Nov, 2023 05:19am

Energy

Oil prices steady ahead of OPEC+ oil production decision

Global benchmark Brent crude oil hovered above $81 a barrel on Friday ahead of next week’s OPEC+ meeting, which...

Updated 24 Nov, 2023 10:31pm

Energy

PPL commences oil & gas production from Punjab

Pakistan Petroleum Limited (PPL), a key supplier of natural gas in the country, has commenced production of...

Updated 24 Nov, 2023 10:48pm

Energy

Pakistan LNG gets bids from OQ Trading, others for Jan import tender

SINGAPORE: Pakistan LNG Ltd has received bids from OQ Trading, QatarEnergy Trading, Trafigura and Vitol for a cargo...

Updated 24 Nov, 2023 10:40pm

Energy

Indian Oil to double Ennore LNG terminal’s capacity to 10mn tpy

NEW DELHI: Indian Oil Corp, the country’s top refiner, aims to double the capacity of its liquefied natural gas...

Published 24 Nov, 2023 02:40pm

Energy

Nepra approves Rs1.52 per unit surcharge on KE consumers

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved surcharge of Rs 1.52 per unit on KE...

Updated 24 Nov, 2023 09:01am

Energy

Oil firms face ‘moment of truth’ in climate crisis: IEA

PARIS: Oil and gas firms will face a crucial choice at UN climate talks next week between contributing to the ...