Trends - fossil fuel - Business Recorder

fossil fuel

UN chief slams oil firms for ‘big lie’ on global warming

DAVOS: UN Secretary-General Antonio Guterres skewered oil firms on Wednesday for having “peddled the big lie”...

Published 19 Jan, 2023 05:58am

Pakistan

Speakers say banks can help curtail pollution, improve environment

KARACHI: Speakers at a research study launch have said that banks, by responsible funding, can curtail pollution and...

Published 29 Nov, 2022 05:57am

Opinion

COP27 meetings: achievements, setbacks, and deficiencies

This year’s COP meetings that were supposed to be held in Sharm el-Sheikh, Egypt from November 6-18, but had to go...

Updated 25 Nov, 2022 04:00pm

Opinion

Bankers pour cold water on red hot coal

It’s the best of times, it’s the worst of times. At least when it comes to mining coal. After years of decline,...

Published 25 Nov, 2022 05:48am

Opinion

Towards green energy

It was only recently at the Saudi capital Riyadh that Prime Minister Shehbaz Sharif, according to media reports,...

Published 04 Nov, 2022 05:56am

Business & Finance

Challenge of circular debt can be overcome: speakers

LAHORE: The accumulation of circular debt and its progression can be stopped through better models of institutional...

Updated 06 Oct, 2022 09:43am

Energy windfall profit levies approved: EU countries spar over gas price caps

BRUSSELS: European Union countries disagreed on Friday about whether and how to cap runaway gas prices, with Germany...

Updated 01 Oct, 2022 11:13am

Life & Style

Elon Musk says the planet needs more oil... and babies

OSLO: Billionaire tech entrepreneur Elon Musk, who has fathered 10 children, said on Monday the world needs to...

Published 30 Aug, 2022 06:21am

Markets

Australia’s Victoria state looks to wean households off gas

MELBOURNE: Australia’s Victoria government released a plan on Saturday aiming to wean the country’s biggest...

Published 03 Jul, 2022 05:39am

Business & Finance

Five countries seek to delay EU fossil fuel car phase-out

BRUSSELS: Italy, Portugal, Slovakia, Bulgaria and Romania want to delay a European Union plan to effectively ban the...

Published 25 Jun, 2022 04:42am

G7 nations vow to stop fossil-fuel financing abroad by end 2022

BERLIN: Japan Friday for the first time joined fellow members of the Group of Seven industrialised nations in...

Published 28 May, 2022 05:11am

World

Kerry warns against letting Ukraine war thwart climate efforts

DAVOS: US climate envoy John Kerry warned Tuesday against using the energy crisis stemming from Russia’s invasion...

Published 25 May, 2022 04:40am

Markets

India to reopen abandoned coal mines as heatwave hits supply

MUMBAI: India plans to lease abandoned coal pits to private mining companies, a government official said Friday, in...

Published 07 May, 2022 05:46am

Markets

Global coal plant capacity edges up in 2021

WASHINGTON: The global capacity of power plants fired by coal, the fossil fuel that emits the most carbon dioxide...

Published 29 Apr, 2022 07:03am

Markets

Banks break pledges with fossil fuel billions: report

PARIS: Big banks continue to pour hundreds of billions of dollars into fossil fuel extraction, contradicting their...

Published 28 Mar, 2022 07:47am

World

World funds own destruction with $1.8trn subsidies: study

LONDON: The world must slash $1.8 trillion in annual subsidies that destroy the environment, according to a study...

Published 18 Feb, 2022 04:31am

Editorials

When something is better than nothing

EDITORIAL: COP26 proved anti-climactic for Go Green campaigners gathered outside the venue who hoped their presence...

Published 21 Nov, 2021 04:19am

Opinion

More net than zero: Do carbon-cutting promises add up for the climate?

The growing avalanche of governments and companies committing to cut their climate-changing carbon pollution to net...

Published 10 Nov, 2021 05:47am

World

Protesters hit Glasgow streets as part of global climate rallies

GLASGOW: Thousands of climate protesters braved rain and wind in Glasgow Saturday to take part in worldwide...

Published 07 Nov, 2021 05:39am

Markets

Aluminium buckles under pressure from higher coal output

LONDON: Aluminium prices fell to their lowest in more than three months on Friday as rising coal output in China...

Published 06 Nov, 2021 03:57am

OECD nations to ban export credits for coal power

PARIS: Several OECD nations including Britain, Japan and the United States have agreed to halt government-supported...

Published 23 Oct, 2021 03:26am

Markets

Planned fossil fuel output shatters 1.5C climate target: UN

PARIS: The world's nations are currently planning to produce more than double the amount of coal, oil and gas...

Published 20 Oct, 2021 09:23am

Opinion

Fossil fuel firms feel the heat over push for advertising ban

A push for a Europe-wide ban on advertising and sponsorship by fossil fuel companies is the boldest salvo yet in a...

Published 06 Oct, 2021 04:17am

Opinion

Dirty air, foreign aid, and climate funds

Burning of fossil fuel has had a significant role in exacerbating climate change crisis, the tipping point of which...

Published 10 Sep, 2021 04:41am

BR Research

Coal rush!

It looks like the world is finding it increasingly difficult to wean off its coal habit as demand for the dirty fuel...

Published 09 Jul, 2021 08:00am

Markets

Pakistan aims at reducing dependence on fossil fuel

KARACHI: Like many other countries of the world, Pakistan has been setting targets to tackle climate change by...

Published 08 Jul, 2021 04:22am

NGOs call on ADB to end fossil fuel loans amid climate reboot

TOKYO: A group of non-governmental organisations called on the Asian Development Bank (ADB) on Monday to end loans ...

Published 03 May, 2021 04:39am

World

Who will pay for the energy transition?

LONDON: The transition from a fossil-fuel dominated energy system to one with zero emissions would require trillions...

Updated 30 Apr, 2021 10:33am

Gainers
Losers
Leaders

Stock	Price
Tri-Star Mutual / Jan 27 Tri-Star Mutual Fund Limited(TSMF)	4.85 ▲ 0.83 (20.65%)
Jahangir Sidd(Pref) / Jan 27 Jahangir Sidd(Pref)(JSCLPSA)	7.39 ▲ 0.99 (15.47%)
Tariq Corp.Pref. / Jan 27 Tariq Corporation Limited-Preference Shares(TCORPCPS)	10.30 ▲ 1.00 (10.75%)
AN Textile Mill / Jan 27 AN Textile Mills Limited(ANTM)	9.80 ▲ 0.74 (8.17%)
Hafiz Ltd. / Jan 27 Hafiz Limited(HAFL)	148.98 ▲ 10.39 (7.50%)
Kohinoor Textile / Jan 27 Kohinoor Textile Mills Limited(KTML)	43.01 ▲ 3.00 (7.50%)
Sunrays Textile / Jan 27 Sunrays Textile Mills Limited(SUTM)	131.31 ▲ 9.16 (7.50%)
Tandlianwala Sugar / Jan 27 Tandlianwala Sugar Mills Limited(TSML)	62.46 ▲ 4.36 (7.50%)
Hussain Industries / Jan 27 Husein Industries Limited(HUSI)	23.10 ▲ 1.61 (7.49%)
Mehran Sugar / Jan 27 Mehran Sugar Mills Limited(MRNS)	30.63 ▲ 2.13 (7.47%)

Stock	Price
PICIC Ins.Ltd. / Jan 27 PICIC Insurance Limited(PIL)	0.60 ▲ -0.10 (-14.29%)
Pak Gulf Leasing / Jan 27 Pak-Gulf Leasing Company Limited(PGLC)	6.45 ▲ -0.98 (-13.19%)
Samba Bank / Jan 27 Samba Bank Limited(SBL)	7.40 ▲ -1.00 (-11.90%)
First Prudential Mod. / Jan 27 First Prudential Modaraba(PMI)	1.47 ▲ -0.19 (-11.45%)
Premier Insurance / Jan 27 Premier Insurance Limited(PINL)	6.65 ▲ -0.85 (-11.33%)
Dewan Sugar / Jan 27 Dewan Sugar Mills Limited(DWSM)	2.60 ▲ -0.30 (-10.34%)
Pak Gen.Ins. / Jan 27 The Pakistan General Insurance Co. Ltd.(PKGI)	4.55 ▲ -0.45 (-9.00%)
Dewan Farooque Sp. / Jan 27 Dewan Farooque Spinning Mills Limited(DFSM)	3.25 ▲ -0.30 (-8.45%)
Bhanero Textile / Jan 27 Bhanero Textile Mills Limited(BHAT)	1026.76 ▲ -83.24 (-7.50%)
Ellcot Spinning / Jan 27 Ellcot Spinning Mills Limited(ELSM)	127.82 ▲ -10.36 (-7.50%)

Stock	Volume
Cnergyico PK / Jan 27 Cnergyico PK Limited(CNERGY)	44,728,565 ▲ -0.14
TPL Properties / Jan 27 TPL Properties Limited(TPLP)	20,045,406 ▲ -0.39
WorldCall Telecom / Jan 27 Worldcall Telecom Limited(WTL)	14,285,841 ▲ -0.07
Pak Refinery / Jan 27 Pakistan Refinery Limited(PRL)	14,189,270 ▲ -0.04
D.G.K.Cement / Jan 27 D.G. Khan Cement Company Limited(DGKC)	13,474,736 ▲ -1.78
Maple Leaf Cement / Jan 27 Maple Leaf Cement Factory Limited(MLCF)	13,339,412 ▲ -0.95
Sui North Gas / Jan 27 Sui Northern Gas Pipelines Limited(SNGP)	12,739,076 ▲ -1.06
Fauji Foods Ltd / Jan 27 Fauji Foods Limited(FFL)	12,500,726 ▼ 0.19
TRG Pak Ltd / Jan 27 TRG Pakistan Limited(TRG)	10,114,558 ▲ -1.21
K-Electric Ltd. / Jan 27 K-Electric Limited(KEL)	9,636,460 ▲ -0.09

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 27	265
USD PKR Interbank Buying / Jan 27	263
USD to Japanese Yen / Jan 27	129.87
USD to Swiss Franc / Jan 27	0.92
Pound Sterling to USD / Jan 27	1.24
Euro to USD / Jan 27	1.09
UK LIBOR % / Jan 26	4.31

Stock	Volume
S&P 500 / Jan 27	4063.40
India Sensex / Jan 27	59330.90
Tokyo Nikkei / Jan 27	27381.18
Nasdaq / Jan 27	11574.06
Hang Seng / Jan 27	22555.27
FTSE 100 / Jan 27	7760.68
Dow Jones / Jan 27	34071.23
Germany DAX 30 / Jan 27	15133.48
France CAC40 / Jan 27	7089.33

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 26	20235
Crude Oil USD/Barrel / Jan 27	81.58
Gold 10 Grams PKR / Jan 27	173610
Gold Spot USD/Ounce / Jan 27	1926.09
Cotton US¢/pound / Jan 27	86.91

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