Energy

SSGC’s response to ‘UFG – the elephant in the room’

KARACHI: This is with reference to the news article entitled ‘UFG – the elephant in the room’ carried by the...

Published 22 Sep, 2023 03:33am

Energy

Oil up slightly; trade choppy as Russia fuel export ban boosts

NEW YORK: Oil prices were slightly higher in choppy trading on Thursday, rising as much as $1 a barrel after a...

Published 22 Sep, 2023 03:33am

Energy

US natgas prices little changed

NEW YORK: US natural gas futures were little changed on Thursday as the market waited for direction from a federal...

Published 22 Sep, 2023 03:33am

Energy

Oil rebounds to climb $1 as Russia bans most fuel exports

LONDON: Oil prices rebounded from $1 down to $1 up in trading on Thursday, after a Russian ban on fuel exports...

Updated 21 Sep, 2023 07:37pm

Energy

Russia temporarily bans fuel exports to most countries in response to shortages

MOSCOW: Russia has temporarily banned exports of gasoline and diesel to all countries outside a circle of four...

Published 21 Sep, 2023 07:33pm

Energy

Shell seeks partners for renewable assets in India

LONDON: Shell is seeking partners to invest in renewable assets developed and operated by its Indian business Sprng...

Published 21 Sep, 2023 05:05pm

Energy

China’s 2023 natural gas demand may rise 8%: CNOOC

TIANJIN: China’s natural gas demand this year is expected to grow by 8% from 2022 to 396.4 billion cubic metres...

Published 21 Sep, 2023 12:29pm

Energy

Pakistan forced to spend $30bn on imported fuels: ‘Completion of TAPI, IP gas lines critical for meeting energy needs’

ISLAMABAD: Completion of Turkmenistan-Afghanistan-Pakistan-India (TAPI) and Iran-Pakistan gas pipelines are critical...

Published 21 Sep, 2023 06:08am

Energy

US natgas prices fall

NATGAS: US natural gas futures fell about 4% on Wednesday as the amount of gas flowing to the nation’s liquefied...

Published 21 Sep, 2023 06:08am

Energy

Oil prices eased ahead of Fed rate decision

NEW YORK: Oil prices eased on Wednesday ahead of the US Federal Reserve’s interest rate decision, with investors...

Published 21 Sep, 2023 06:08am

Energy

KP CM for timely completion of hydel power projects

PESHAWAR: Caretaker Chief Minister Khyber Pakhtunkhwa Muhammad Azam Khan on Wednesday called for the timely...

Published 21 Sep, 2023 06:08am

Energy

Oil little changed ahead of US Fed rate decision

NEW YORK: Oil prices were little changed on Wednesday ahead of the U.S. Federal Reserve’s interest rate decision,...

Updated 20 Sep, 2023 09:01pm

Energy

Pakistan’s power generation cost declines nearly 18% in August

Amid rising electricity bills, the cost of power generation in Pakistan registered a significant decline of nearly...

Updated 20 Sep, 2023 06:13pm

Energy

PPL’s profit jumps whopping 79% in FY23

Pakistan Petroleum Limited (PPL), a key supplier of natural gas in the county, saw its profit-after-tax (PAT) jump...

Updated 20 Sep, 2023 04:49pm

Energy

US natural gas futures up

NEW YORK: US natural gas futures climbed about 2% to a two-week high on Tuesday with a drop in daily output and as...

Published 20 Sep, 2023 06:28am

Energy

Oil prices hit 10-month highs on supply concerns

NEW YORK: Oil prices jumped over 1 percent on Tuesday to 10-month highs, as weak US shale output compounded supply...

Published 20 Sep, 2023 06:28am

Energy

Industrial surveillance: SSGC generates extra Rs5.5bn revenue

KARACHI: SSGC’s Security Services and Counter Gas Theft Operations (SS&CGTO) Department is at the forefront of...

Published 20 Sep, 2023 06:28am

Energy

OGDCL announces gas discovery at Chak 214-1 in RYK

ISLAMABAD: The Oil & Gas Development Company Limited (OGDCL), serving as the sole operator of the Mari East ...

Updated 20 Sep, 2023 06:51am

Energy

Russia considers export duty on oil products of $250/T from Oct. 1

Possible move comes amid domestic fuel shortage in Russia

Updated 19 Sep, 2023 08:30pm

Energy

WTI price surge shuts arbitrage oil flows from US to Europe, Asia

SINGAPORE: A sudden surge in U.S. West Texas Intermediate crude prices that pulled Brent higher has shut off...

Published 19 Sep, 2023 04:29pm

Energy

‘Mafias within Discos’ feeling the heat, says Power Division secretary

Statement comes as government crackdown against power theft enters 12th day

Updated 19 Sep, 2023 06:59pm

Energy

Pakistan’s power sector circular debt swells to Rs2.31tr in FY23

Despite massive increase in tariff, amount increases Rs57bn during fiscal year

Updated 19 Sep, 2023 08:51pm

Energy

Kenya extends oil supply agreement with three Gulf companies

NAIROBI: Kenya has extended an oil supply deal with three Gulf-based companies to December 2024, the energy...

Published 19 Sep, 2023 01:21pm

Energy

OGDCL discovers gas reserves in Rahim Yar Khan, Punjab

Oil & Gas Development Company Limited (OGDCL), the country’s largest hydrocarbon exploration firm, has...

Updated 19 Sep, 2023 07:59pm

Energy

Oil prices hit 10-month highs on mounting supply concerns

Oil prices jumped over 1% on Tuesday to 10-month highs, as weak U.S. shale output compounded supply concerns from...

Updated 19 Sep, 2023 08:57pm

Energy

Will oil hit $100? It already did in some markets

Oil has risen to its highest level of 2023 as investors are focused on the prospect of a supply deficit in the fourth quarter after Saudi Arabia and Russia extended supply cuts

Published 18 Sep, 2023 07:05pm

Energy

SNGPL imposes Rs2.2m fine on thieves

LAHORE: During the ongoing crackdown against gas pilferers, SNGPL continued raids in Punjab, Khyber Paktunkhwa and...

Published 19 Sep, 2023 06:31am

Energy

US natgas prices edge up

NEW YORK: US natural gas futures edged up around 1% on Monday as the amount of gas flowing to the country’s...

Published 19 Sep, 2023 06:31am

Energy

Oil prices extend gains toward $95 on tight supply

HOUSTON: Global oil benchmark Brent crude neared $95 a barrel on Monday, with investors focused on the prospect of a...

Published 19 Sep, 2023 06:31am

Energy

Lesco issues default list of public sector entities

LAHORE: The Lahore Electric Supply Company (Lesco) has issued default list of public sector entities on Monday. The...

Published 19 Sep, 2023 06:31am

Gainers
Losers
Leaders

Stock	Price
Aisha Steel(ConPS) / Sep 22 Aisha Steel(ConPS)(ASLPS)	10.17 ▲ 1.00 (10.91%)
First Elite Cap.Mod / Sep 22 First Elite Capital Modaraba(FECM)	3.20 ▲ 0.30 (10.34%)
HBL Invest Fund / Sep 22 HBL Investment Fund(HIFA)	1.65 ▲ 0.14 (9.27%)
Power Cem(Pref) / Sep 22 Power Cement (Pref)(POWERPS)	6 ▲ 0.50 (9.09%)
Symmetry Group / Sep 22 Symmetry Group Limited(SYM)	3.87 ▲ 0.29 (8.10%)
Pak Paper Prod / Sep 22 Pakistan Paper Products Limited(PPP)	44.53 ▲ 3.11 (7.51%)
Arpak Int. / Sep 22 Arpak International Investments Ltd.(ARPAK)	64.50 ▲ 4.50 (7.50%)
Pak Hotels / Sep 22 Pakistan Hotels Developers Limited(PHDL)	190.41 ▲ 13.28 (7.50%)
P.N.S.C / Sep 22 Pakistan National Shipping Corporation(PNSC)	159.67 ▲ 11.14 (7.50%)
Premium Textile / Sep 22 Premium Textile Mills Limited(PRET)	406.46 ▲ 28.36 (7.50%)

Stock	Price
The Searle Co. (R) / Sep 22 The Searle Company Limited (R)(SEARLR2)	0.13 ▼ -0.12 (-48.00%)
Trust Mod. / Sep 22 Trust Modaraba(TRSM)	1.25 ▼ -0.18 (-12.59%)
Jubilee Spinning / Sep 22 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	4.70 ▼ -0.60 (-11.32%)
Redco Textile / Sep 22 Redco Textiles Limited(REDCO)	5.65 ▼ -0.62 (-9.89%)
Equity Modaraba / Sep 22 First Equity Modaraba(FEM)	3 ▼ -0.30 (-9.09%)
AKD Hospitality / Sep 22 AKD Hospitality Limited(AKDHL)	126.37 ▼ -10.25 (-7.50%)
Dadex Eternit / Sep 22 Dadex Eternit Limited(DADX)	36.76 ▼ -2.98 (-7.50%)
JS Global Cap. / Sep 22 JS Global Capital Limited(JSGCL)	149.05 ▼ -12.08 (-7.50%)
Gammon Pak / Sep 22 Gammon Pakistan Limited(GAMON)	6.45 ▼ -0.37 (-5.43%)
Unilever Foods / Sep 22 Unilever Pakistan Foods Limited(UPFL)	20100 ▼ -1155.00 (-5.43%)

Stock	Volume
The Searle Co. (R) / Sep 22 The Searle Company Limited (R)(SEARLR2)	24,002,721 ▼ -0.12
Treet Corp / Sep 22 Treet Corporation Limited(TREET)	17,803,918 ▼ -0.08
Maple Leaf Cement / Sep 22 Maple Leaf Cement Factory Limited(MLCF)	15,196,347 ▲ 1.55
WorldCall Telecom / Sep 22 Worldcall Telecom Limited(WTL)	7,596,263 ▲ 0.01
Bankislami Pak. / Sep 22 BankIslami Pakistan Limited(BIPL)	6,775,527 ▲ 0.72
Unity Foods Ltd / Sep 22 Unity Foods Limited(UNITY)	6,691,541 ▲ 1.22
Pak Petroleum / Sep 22 Pakistan Petroleum Limited(PPL)	6,149,595 ▲ 0.90
TRG Pak Ltd / Sep 22 TRG Pakistan Limited(TRG)	5,004,040 ▲ 1.05
Symmetry Group / Sep 22 Symmetry Group Limited(SYM)	4,581,000 ▲ 0.29
TPL Properties / Sep 22 TPL Properties Limited(TPLP)	4,030,395 ▲ 0.10

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