Trends - energy - Business Recorder

energy

Closure of shops by 8pm: Policy hinges on provinces’ nod of acknowledgement

Khawaja Asif says energy saving policy would be accorded final approval on Thursday

Updated 21 Dec, 2022 10:14am

Pakistan

Energy saving plan: govt to seek provinces’ support for early closure of markets, restaurants

Defence Minister Khawaja Asif says final decision to be taken on Thursday, stresses that few steps can help save billions of rupees

Updated 20 Dec, 2022 09:05pm

BR Research

A forever crisis?

Central banks around the world aren’t done tightening yet. Rationalizing their continued rate-hike decisions, bank...

Published 15 Dec, 2022 07:30am

PM underscores need for early completion of CASA-1000

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Wednesday said that Pakistan wanted the establishment of ...

Updated 18 Dec, 2022 09:39am

ADB describes energy plan as ‘less than effective, efficient’

ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated “Pakistan:...

Updated 14 Dec, 2022 09:53am

US warns of Chinese influence in ME

RIYADH: Chinese President Xi Jinping arrived in Saudi Arabia on Wednesday on a visit Beijing hailed as its biggest...

Updated 08 Dec, 2022 09:16am

World

France to spend 8.4bn euro to help companies with energy bills

PARIS: France will spend 8.4 billion euros ($8.67 billion) to help companies pay their energy bills, in a bid to...

Published 20 Nov, 2022 04:16am

Markets

OGDCL discovers oil reserves in Punjab

Company says latest oil discovery further extends hydrocarbon play area in Pothohar basin

Updated 27 Oct, 2022 03:54pm

Markets

Pakistan's power generation cost up nearly 46% YoY in Sep as production declines

The total cost of generating electricity in the country jumped nearly 46%, hitting Rs9.91 KWh in September 2022...

Published 17 Oct, 2022 02:52pm

Markets

Energy, agri sectors responsible for most of GHG emissions: report

LAHORE: Energy and agriculture are the main sectors responsible for most of the Green House Gas (GHG) emissions as...

Published 11 Oct, 2022 07:07am

Markets

Thar Energy Limited's 330MW plant to commence operations from Oct 1

Thar Energy Limited (TEL), a joint venture between Hub Power Company Limited (HUBCO), Fauji Fertilizer Company...

Published 30 Sep, 2022 03:45pm

Markets

New solar plants: Dastgir says govt will complete bidding for 600MW pilot project today

Federal Minister for Energy Khurram Dastgir on Wednesday said the bidding process for a 600-megawatt (MW) pilot ...

Updated 14 Sep, 2022 10:30pm

Markets

Asia naphtha margin drops

NEW DELHI: Asia’s naphtha refining profit margin fell on Monday as weakness in Chinese petrochemical demand...

Published 13 Sep, 2022 06:12am

Pakistan

PM Shehbaz takes notice of skyrocketing electricity bills

Demands detailed report on issue

Updated 22 Aug, 2022 07:59pm

FTA likely in 6 months: Pakistan, Iran agree to remove ‘anti-trade’ barriers

Both countries discuss issues related to trade, energy and payment mechanism at the 21st Session of Pak-Iran Joint Economic Commission (JEC)

Updated 19 Aug, 2022 09:48am

Pakistan

Experts see Pakistan's inflation rate topping 24% in July

Rupee depreciation, high energy tariffs, and seasonality in prices of edible items will contribute to high CPI reading

Updated 30 Jul, 2022 08:13pm

Billions of people rely on wild species for food, fuel, income: UN

PARIS: Rampant exploitation of nature is a threat to the well-being of billions of people across the world who rely...

Updated 09 Jul, 2022 09:26am

BR Research

Free electricity to the poor: Worth a shot

The Chief Minister Punjab announced 12 months of free electricity for the consumer using up to 100 units a month. ...

Published 06 Jul, 2022 09:04am

Markets

Energy tariff: PM approves summary of phase-wise increase

Prime Minister Shehbaz Sharif on Tuesday gave his go-ahead to the phase-wise increase in base electricity tariffs ...

Updated 05 Jul, 2022 07:08pm

Opinion

Conserve energy at all cost

Although there exists no scientific survey or research work to find out how three hikes in the prices of petroleum...

Published 25 Jun, 2022 04:42am

Markets

Sindh trying for energy self-sufficiency via renewables, says secretary

KARACHI: Secretary of Sindh’s Energy Department Abu Bakar Ahmed Madni has said that besides coal the provincial...

Published 17 Jun, 2022 06:37am

Business & Finance

Venezuela president talks cooperation with Qatar emir

DOHA: Venezuela’s President Nicolas Maduro met Wednesday with Qatar’s Emir Tamim bin Hamad Al-Thani in the...

Published 16 Jun, 2022 06:03am

BR Research

It is not 2018 again

The theory that Pakistan is not built for 5 percent growth on a sustainable basis keeps making rounds. This time is...

Published 31 May, 2022 10:24am

Markets

Iran’s energy export revenue up 60% in March-May vs year ago

DUBAI: Iran’s energy export revenue is 60% higher in the first two months of the Iranian year (March 21 to May 21)...

Published 29 May, 2022 06:36pm

Business & Finance

Iran and Russia eye more cooperation in energy, trade

TEHRAN: Tehran and Moscow are seeking to expand cooperation in energy and trade, officials said Wednesday, as ...

Published 26 May, 2022 07:13am

Business & Finance

Pakistan LNG Limited invites bids for six LNG cargoes

PLL hopes to curb gas crisis in the country

Updated 18 Apr, 2022 05:44pm

Editorials

The country needs an energy czar

EDITORIAL: A new government has been formed. The first step for Prime Minister Shehbaz Sharif is to form his ...

Published 15 Apr, 2022 05:29am

BR Research

Wanted: Shehbaz speed in Islamabad

Stocks, bonds, and currency markets rallied soon after the new government took office. Markets were jittery due to...

Published 13 Apr, 2022 08:09am

Markets

Energy symposium: experts call for power sector reforms, deregularisation

KARACHI: Experts have called for market reforms and deregularisation in the power sector to allow Pakistan to kick...

Updated 01 Apr, 2022 11:04pm

World

Zelensky urges Norway to supply more energy to Ukraine, EU

OSLO: Ukrainian President Volodymyr Zelensky on Wednesday urged Norway, the second-biggest supplier of gas to Europe...

Published 30 Mar, 2022 07:02pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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