Trends - energy - Business Recorder

energy

Qatari team lays focus on energy, mining and aviation: FO

ISLAMABAD: Pakistan and Qatar have expressed their resolve to further deepen fraternal ties and enhance trade and...

Updated 10 May, 2024 08:59am

Opinion

Productive use of energy critical to reviving economy

The new government faces the daunting challenge of navigating its complex economic landscape. The country’s foreign...

Updated 01 Apr, 2024 06:14am

Business & Finance

E.ON raises investments to $46 billion

ESSEN (Germany): E.ON, Europe’s biggest operator of energy networks, on Wednesday raised its five-year investment...

Published 21 Mar, 2024 05:22am

Business & Finance

FCCI for provision of energy at ‘regionally competitive’ rates

FAISALABAD: Plugging loopholes of smuggling and ensuring availability of dollar at a stable rate was herculean task...

Published 22 Feb, 2024 06:55am

Pakistan

NEECA holds seminar: Govt seeks support from religious leaders to promote energy conservation

ISLAMABAD: The federal government has sought support from religious leaders for conservation of energy in the...

Published 16 Jan, 2024 05:44am

Govt, KE ink ‘long-awaited’ agreements

ISLAMABAD: Government of Pakistan (GoP) and K-Electric (KE) on Friday reached a significant milestone by signing...

Updated 06 Jan, 2024 05:18pm

Opinion

Energy use in region: comparisons odious

Energy is pivotal for growth, yet Pakistan’s situation is grim. Despite possessing abundant resources, its energy...

Published 25 Dec, 2023 05:42am

Business & Finance

IEA says China oil demand key factor in energy transition

PARIS: The International Energy Agency executive director underlined Tuesday the importance of Chinese demand for...

Published 25 Oct, 2023 06:19am

Opinion

It’s time to close the sustainable energy gaps in Asia and the Pacific

This year we pass the halfway mark both on our journey towards implementing the 2030 Agenda for Sustainable...

Published 16 Oct, 2023 05:47am

Business & Finance

Trade, energy, transport: Pakistan, Iran agree to deepen cooperation

ISLAMABAD: Pakistan and Iran have agreed to deepen cooperation in trade, energy, transport, connectivity, cultural...

Published 19 Jun, 2023 06:55am

Pakistan, Azerbaijan agree to enhance trade & energy cooperation

BAKU (Azerbaijan): Pakistan and Azerbaijan on Thursday agreed to enhance bilateral cooperation in the fields of...

Updated 16 Jun, 2023 08:58am

World

‘Worst yet to come’ for Europe energy shortages: Qatar minister

DOHA: Qatar’s energy minister warned on Tuesday the “worst is yet to come” for Europe’s oil and gas...

Published 24 May, 2023 05:57am

Original utility connection holders: Energy firms asked to collect tax data on CNIC basis

ISLAMABAD: The Reforms and Resource Mobilisation Commission (RRMC) has recommended electricity/gas companies to...

Updated 14 May, 2023 10:11am

Energy, water, climate change: ‘Spy agency’ wants to join talks with US

ISLAMABAD: The country’s premier Intelligence Agency has urged Ministry of Climate Change and Power Division to also...

Updated 03 May, 2023 08:46am

Pakistan

Govt to set up multibillion-dollar oil refinery in Pakistan

Prime Minister Shehbaz Sharif has approved $10 to $14 billion worth of oil refinery in Pakistan, junior petroleum...

Updated 28 Apr, 2023 10:11pm

Markets

Pakistan-Russia oil deal: Countries to make own sovereign decisions, says US

US State Dept spokesperson says Washington has never tried to keep Russian energy off the market

Updated 26 Apr, 2023 04:28pm

Markets

Improving India demand boosts thermal coal prices in Asia

NEW DELHI: Signs of stronger import demand from India have arrested the decline in price of the thermal coal grades...

Published 28 Feb, 2023 06:15am

Opinion

Democratisation of energy

“Democracy is an impossible thing until the power is shared by all,” Gandhi said this, and it supports the...

Published 19 Feb, 2023 03:19am

OGDCL asked by ECC to give Missa Keswal D&PL extension

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed Oil and Gas Development Company...

Updated 17 Feb, 2023 08:48am

Pakistan

Climate change losses: PM stresses collaboration with IAEA

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday stressed greater collaboration with International Atomic ...

Published 16 Feb, 2023 07:29am

Opinion

Europe looks to geothermal energy as gas alternative

The heating plant in Munich’s southern Sendling neighbourhood has been run for more than a century on gas, often...

Published 04 Feb, 2023 06:08am

World

EU unveils plan to counter US green subsidies, China competition

BRUSSELS: The EU on Wednesday unveiled proposals to counter the threat to European industry from US green subsidies...

Published 02 Feb, 2023 06:12am

Markets

Sepco asked to expedite electrification of Sukkur villages

KARACHI: Sindh Energy Minister Imtiaz Shaikh on Wednesday directed the Sukkur Electric Supply Corporation (Sepco) to...

Published 12 Jan, 2023 05:51am

Business & Finance

Cost-of-living crisis ‘biggest global risk’

LONDON: The cost-of-living crisis will be the biggest global risk over the next two years, a survey by the World...

Published 12 Jan, 2023 05:51am

Markets

India expects utilities’ annual coal demand to surge

SINGAPORE/NEW DELHI: India expects its power plants to burn about 8% more coal in the fiscal year ending March 2024,...

Published 11 Jan, 2023 05:53am

Business & Finance

Businesses don’t like energy conservation idea: analyst

KARACHI: Energy conservation policy for maximizing use of daylight hours for commercial activities is a brilliant...

Published 08 Jan, 2023 03:48am

Editorials

On energy conservation

EDITORIAL: The country needs to vigorously pursue the objective of energy conservation; there are no two ways about...

Published 07 Jan, 2023 06:00am

Opinion

The charter we need

Without any doubt, Pakistan is in on an economic tailspin, swiftly spiraling downwards. The issue at the core is the...

Updated 04 Jan, 2023 06:24am

Markets

Prime International acquires Eni’s business in Pakistan: Hubco

Company says Hub Power Company will further develop indigenous fuel sources, which will help reduce country’s reliance on imports

Updated 30 Dec, 2022 08:20pm

Markets

Within a week: OGDCL makes yet another oil & gas discovery in Sanghar, Sindh

Company said this is the eleventh discovery in Sinjhoro Block

Updated 22 Dec, 2022 05:21pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 22	278.62
USD PKR Interbank Buying / May 22	278.42
USD to Japanese Yen / May 22	156.82
USD to Swiss Franc / May 22	0.92
Pound Sterling to USD / May 22	1.27
Euro to USD / May 22	1.08

Stock	Volume
S&P 500 / May 22	5307.01
India Sensex / May 22	74221.06
Tokyo Nikkei / May 22	38876.82
Nasdaq / May 22	16801.54
Hang Seng / May 22	19024.41
FTSE 100 / May 22	8370.33
Dow Jones / May 22	39671.04
Germany DAX 30 / May 22	18680.20

Item	Value
Crude Oil USD/Barrel / May 22	76.88
Karachi Cotton PKR/37.32 KG / May 22	19935
Gold 10 Grams PKR / May 22	212791
Gold Spot USD/Ounce / May 22	2371.48
Cotton US¢/pound / May 22	79
Petrol/Litre / May 23	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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