Commodities Extreme Asian heat spurs LNG demand ahead of summer months SINGAPORE: Extreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as... Published 31 May, 2024 05:35pm
Energy Saudi Aramco completes acquisition of 40% stake in GO Pakistan Acquisition represents energy giant first downstream retail investment in Pakistan, says company Updated 31 May, 2024 05:18pm
Energy Oil stabilises ahead of US inflation data and OPEC+ meeting LONDON: Oil prices held steady on Friday as investors awaited U.S. inflation data for clues on the demand outlook... Updated 31 May, 2024 05:19pm
Energy Oil falls as US reports surprise fuel build, weak demand NEW YORK: Oil prices fell again on Thursday, after the US government reported weak fuel demand in the country and a... Published 31 May, 2024 06:58am
Energy US natgas prices slide on bigger-than-expected storage build NEW YORK: US natural gas futures slid about 2% on Thursday on signs some drillers were starting to pull more gas out... Published 31 May, 2024 06:58am
Energy Ogra yet to revise per kg price of LPG ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has yet to revise per kg price of liquefied petroleum gas... Published 31 May, 2024 06:58am
Energy Power loadshedding to continue on high-loss feeders, says Leghari Providing electricity to such feeders will add to power sector losses, energy minister says Updated 30 May, 2024 08:05pm
Energy Bangladesh’s RPGCL seeks LNG cargo for late June delivery, sources say SINGAPORE: Bangladesh’s state-owned Rupantarita Prakritik Gas Company Ltd (RPGCL) has issued a tender seeking a... Published 30 May, 2024 11:46am
Energy Asia’s crude oil imports hit 12-month high, but it’s India, not China: Russell LAUNCESTON: Asia’s imports of crude oil rose to the highest in 12 months in May, with the strength being driven by... Published 30 May, 2024 11:28am
Energy Oil prices steady before stocks and inflation data, OPEC+ meeting LONDON: Oil prices were broadly steady on Thursday, ahead of U.S. crude oil stockpiles data, inflation data and an... Updated 30 May, 2024 05:28pm
Energy Pakistan Cables completes commissioning of 2MW on grid solar power plant at Nooriabad KARACHI: Pakistan Cables, the nation’s pioneer wires and cables manufacturer, has completed the successful... Published 30 May, 2024 06:19am
Energy No sectoral professionals on upcoming boards of Discos LAHORE: No sectoral professionals are being made part of the upcoming boards of power distribution companies ... Published 30 May, 2024 06:19am
Energy ‘Time ripe for investment in solar energy’ LAHORE: Investing in solar is not just about energy; it’s about fostering sustainable development, reducing... Published 30 May, 2024 06:19am
Energy Oil prices ease on US gasoline demand worries, economic data NEW YORK: Oil prices eased about 1% on Wednesday on worries over weak US gasoline demand and economic data that ... Published 30 May, 2024 06:19am
Energy US natural gas prices slide on rising output NEW YORK: US natural gas futures slid about 3% on Wednesday on signs some drillers were starting to pull more gas ... Published 30 May, 2024 06:19am
Energy Khaqan demands govt deregulate petroleum sector ISLAMABAD: Former prime minister Shahid Khaqan Abbasi said on Wednesday that the entire petroleum sector of the... Published 30 May, 2024 06:19am
Energy South Korea’s KOGAS seeks LNG supplies on short- to long-term basis SINGAPORE: South Korea’s Korea Gas Corp (KOGAS) is seeking liquefied natural gas (LNG) supplies on a short- and... Published 29 May, 2024 11:56am
Energy Saudi Arabia may cut July oil prices to Asia for first time in 5 months SINGAPORE: Saudi Arabia, the world’s biggest oil exporter, may cut prices for most crude grades it sells to Asia in... Published 29 May, 2024 11:14am
Energy Oil prices gain on expectations of OPEC+ extension to output cuts LONDON: Oil prices grazed a four-week peak on Wednesday on expectations that major producers will extend output cuts... Updated 29 May, 2024 05:20pm
Energy Four solar parks being set up: Nasir Shah KARACHI: Minister of Energy and Development & Planning Sindh Syed Nasir Hussain Shah has said that the ... Published 29 May, 2024 06:05am
Energy Solar energy adoption: Zi Solar, Trina Solar join hands KARACHI: Trina Solar, a global leader in solar photovoltaic (PV) and smart energy solutions, and Zi Solar, a... Published 29 May, 2024 06:05am
Energy Wapda chairman visits Tarbela 5th Extension project PESHAWAR: Chairman Water & Power Development Authority (Wapda) Engr Lt Gen Sajjad Ghani (retd) visited Tarbela... Published 29 May, 2024 06:05am
Energy Nepra reschedules CTBCM hearing for tomorrow ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has rescheduled public hearing on final test run... Published 29 May, 2024 06:06am
Energy India’s Reliance to buy Russian oil in roubles NEW DELHI: India’s Reliance Industries, operator of the world’s biggest refining complex, has signed a one-year deal... Published 28 May, 2024 04:42pm
Energy No action yet against Disco officials who caused Rs589bn loss LAHORE: No disciplinary action has yet been taken against the Disco officials, including the CEOs and the Chief... Published 29 May, 2024 06:05am
Energy Oil prices rise on OPEC+ restraint prospect NEW YORK: Global oil prices increased on Tuesday on the expectation that OPEC+ will maintain crude supply curbs at... Published 29 May, 2024 06:05am
Energy Oil steadies as OPEC+ restraint balances interest rate concerns LONDON: Global oil prices steadied on Tuesday as the prospect of OPEC+ maintaining oil supply curbs at its June 2... Updated 28 May, 2024 04:38pm
Energy ‘Renewable integration, Discos privatisation can resolve energy crisis’ KARACHI: Pakistan’s energy crisis is a complex issue that affects daily life badly. The causes included... Published 28 May, 2024 05:30am
Energy Power theft: Sindh, Balochistan, KP govts do not lend a helping hand to Discos? LAHORE: A 10 percent electricity bills/recovery loss in the province of Punjab may be equal to the total demand of... Published 28 May, 2024 05:30am
Energy Ogra bans sale, purchase of substandard LPG cylinders ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has banned the sale and purchase of substandard liquefied... Published 28 May, 2024 05:30am