Trends - fossil fuels - Business Recorder

fossil fuels

Pakistan’s energy conundrum: challenges and elucidations

Pakistan’s energy sector faces significant challenges such as frequent power outages, high transmission losses,...

Published 19 Mar, 2025 06:02am

BR Research

Pakistan’s solar bet: Can it break free from imports?

Pakistan’s energy landscape is undergoing a major transformation, with solar power emerging as a key solution to its...

Published 11 Mar, 2025 06:55am

Opinion

Trump’s fossil fuel push threatens Earth

The US Senate Finance Committee, during the confirmation hearing of the Treasury Secretary, fell short of showering...

Published 28 Jan, 2025 06:45am

Opinion

‘Independent electricity market’

The Federal Minister for Power Awais Leghari is reported to have informed the National Assembly this week that the...

Updated 18 Jan, 2025 06:34am

Editorials

Surcharge on fossil fuels

EDITORIAL: It’s been learnt that one of the key measures under consideration to increase the tax-to-GDP ratio, as...

Updated 17 Nov, 2024 06:07am

Editorials

Confronting climate change at Baku

EDITORIAL: At the ongoing 29th Conference of the Parties (COP29) to the UN Framework Convention on Climate Change in...

Published 16 Nov, 2024 06:04am

Business & Finance

Tax crypto and plastic to pay for climate, development, leaders urge

BAKU: Plastics and cryptocurrencies could be taxed like flying and fossil fuels to plug the gap in climate finance...

Published 15 Nov, 2024 06:20am

World

Azerbaijan defends fossil fuels at COP29 as big names skip summit

BAKU: The host of the UN climate summit in Azerbaijan on Tuesday defended fossil fuels and the right of countries to...

Published 13 Nov, 2024 06:33am

FBR will impose new surcharge on fossil fuels

ISLAMABAD: The Federal Board of Revenue (FBR) will impose a new surcharge on fossil fuels to generate additional...

Updated 09 Nov, 2024 02:59pm

Pakistan

Pakistan to join protests across Asia against fossil fuels on 13th

LAHORE: On September 13, Pakistan will join a wave of protests sweeping across Asia, calling for an end to fossil...

Published 11 Sep, 2024 06:31am

Opinion

Invest in renewable energy

The recent upsurge in circular debt (CD) accumulation coincided with the signing of “take-or-pay” contracts for...

Published 03 Jun, 2024 06:30am

Pakistan

Dar will represent Pakistan in Nuclear Energy Summit

ISLAMABAD: Foreign Minister Ishaq Dar will represent Pakistan in the Nuclear Energy Summit in Brussels from 21-22...

Published 20 Mar, 2024 03:00am

Opinion

‘Transitioning away’ from fossil fuels

COP28 has ended with a compromise solution. There was one side, led by the developed countries, and climate ...

Updated 19 Dec, 2023 05:43am

BR Research

COP28 and fossil fuels

UN Climate Summit, COP28 is over with some significant decisions along with some loopholes. The conference started...

Published 15 Dec, 2023 09:27am

Business & Finance

France’s Credit Agricole to stop financing new fossil fuel projects

PARIS: Credit Agricole, France’s second-largest listed bank, said on Thursday it would stop financing any new fossil...

Published 14 Dec, 2023 12:28pm

World

Climate summit adopts world-first ‘transition’ from fossil fuels

DUBAI: Nearly 200 nations meeting in Dubai on Wednesday approved a first-ever call for the world to transition away...

Published 14 Dec, 2023 05:24am

World

Russia warns against ‘chaotic’ fossil fuels exit

MOSCOW: Russia on Wednesday warned against a “chaotic” exit from fossil fuels, while welcoming the “compromise” deal...

Published 13 Dec, 2023 10:06pm

World

Nations strike deal at COP28 to transition away from fossil fuels

DUBAI: Representatives from nearly 200 countries agreed at the COP28 climate summit on Wednesday to begin reducing...

Updated 13 Dec, 2023 03:08pm

World

Arab officials attack bids to phase out fossil fuels

DOHA: Arab officials on Tuesday hit out at attempts to secure a phase-out of fossil fuels at COP28 as they met for a...

Published 13 Dec, 2023 05:33am

World

UN chief urges COP28 to phase out fossil fuels

DUBAI: UN Secretary-General Antonio Guterres on Monday urged an agreement at COP28 to phase out fossil fuels,...

Published 11 Dec, 2023 01:33pm

World

China sees COP28 progress on fossil fuels

DUBAI: China said Saturday it saw progress at COP28 climate talks in a dispute over the future of fossil fuels, as...

Published 09 Dec, 2023 07:13pm

Markets

OPEC chief urges members to reject any COP28 deal that targets fossil fuels

DUBAI: OPEC Secretary General Haitham Al Ghais has urged OPEC+ members to reject proposals for any text under...

Published 09 Dec, 2023 05:46am

World

COP28 must mark ‘beginning of the end’ of fossil fuels: EU

DUBAI: The UN’s COP28 talks in Dubai must “mark the beginning of the end” of fossil fuels, the European Union’s...

Published 06 Dec, 2023 05:17pm

World

COP28 fossil fuel battle hardens

DUBAI: Battle lines on fossil fuels hardened at UN climate talks on Tuesday despite scientists warning that global...

Published 06 Dec, 2023 04:27am

World

COP28 draft agreement includes option to do nothing on fossil fuels

DUBAI: The UN released the latest draft of a global climate agreement on Tuesday presenting all options on fossil...

Published 05 Dec, 2023 04:31pm

World

World could breach 1.5C warming threshold in 7 years: study

PARIS: The world may cross the crucial 1.5C global warming threshold in seven years as fossil fuel CO2 emissions...

Published 05 Dec, 2023 04:28pm

Business & Finance

Global CO2 emissions from fossil fuels to hit record high in 2023

DUBAI: Global carbon dioxide emissions from burning fossil fuels are set to hit a record high this year,...

Published 05 Dec, 2023 11:41am

World

117 countries agree to triple renewable energy, to push out fossil fuels: COP28

DUBAI: Some 117 governments pledged to triple the world’s renewable energy capacity by 2030 at the U.N.‘s COP28...

Updated 02 Dec, 2023 06:59pm

World

UN chief, COP28 president clash over future of fossil fuels

DUBAI: UN Secretary General Antonio Guterres urged world leaders at the COP28 climate summit to plan for a future...

Published 02 Dec, 2023 05:09am

Climate plans: Over 130 nations agree to include food, agriculture

DUBAI: More than 130 countries agreed to prioritise food and agriculture in their national climate plans at COP28 in...

Updated 02 Dec, 2023 03:51pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 10	284.60
USD PKR Interbank Buying / Jul 10	284.40
USD to Japanese Yen / Jul 10	146.33
USD to Swiss Franc / Jul 10	0.79
Pound Sterling to USD / Jul 10	1.36
Euro to USD / Jul 10	1.17
UK LIBOR % / Jul 9	4.96

Stock	Volume
S&P 500 / Jul 9	6,263.26
Nasdaq / Jul 9	20,608.23
Dow Jones / Jul 9	44,458.30
India Sensex / Jul 10	83,178.25
Tokyo Nikkei / Jul 10	39,635.72
Hang Seng / Jul 10	23,993.59
FTSE 100 / Jul 10	8,954.79
Germany DAX 30 / Jul 10	24,594.32
France CAC40 / Jul 10	7,915.95

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 9	16,585
Gold 10 Grams PKR / Jul 9	301,354
Petrol/Litre / Jul 10	266.79
Crude Oil USD/Barrel / Jul 10	68.49
Gold Spot USD/Ounce / Jul 10	3,325.15
Diesel/Litre / Jul 10	272.98
Cotton US¢/pound / Jul 10	67.73

Gainers
Losers
Leaders

Stock	Price
First IBL Mod. / Jul 10 First IBL Modaraba(FIBLM)	5.60 ▲ 1 (21.74%)
Dewan Farooque Sp. / Jul 10 Dewan Farooque Spinning Mills Limited(DFSM)	7.61 ▲ 1 (15.13%)
Premier Insurance / Jul 10 Premier Insurance Limited(PINL)	8.30 ▲ 1 (13.7%)
Kohinoor Ind. / Jul 10 Kohinoor Industries Limited(KOIL)	14.80 ▲ 1.35 (10.04%)
Azgard Nine / Jul 10 Azgard Nine Limited(ANL)	12.71 ▲ 1.16 (10.04%)
Habib Insurance / Jul 10 Habib Insurance Company Limited(HICL)	11.52 ▲ 1.05 (10.03%)
Invest Bank / Jul 10 Invest Capital Investment Bank Limited(ICIBL)	12.40 ▲ 1.13 (10.03%)
Beco Steel Ltd / Jul 10 Beco Steel Limited(BECO)	28.89 ▲ 2.63 (10.02%)
J.A.Textile / Jul 10 J.A. Textile Mills Limited(JATM)	29.76 ▲ 2.71 (10.02%)
Zahid Jee Textile / Jul 10 Zahidjee Textile Mills Limited(ZAHID)	85.54 ▲ 7.78 (10.01%)

Stock	Price
TPL Trakker Ltd / Jul 10 TPL Trakker Limited(TPLT)	8.02 ▼ -1 (-11.09%)
Trust Mod. / Jul 10 Trust Modaraba(TRSM)	8.72 ▼ -1 (-10.29%)
Hussain Industries / Jul 10 Husein Industries Limited(HUSI)	27.02 ▼ -2.98 (-9.93%)
F.Credit & Inv / Jul 10 First Credit and Investment Bank Limited(FCIBL)	16.14 ▼ -1.78 (-9.93%)
LSE Financial Serv. / Jul 10 LSE Financial Services Limited(LSEFSL)	30.73 ▼ -3.21 (-9.46%)
Pak Datacom / Jul 10 Pak Datacom Limited(PAKD)	296.39 ▼ -30.08 (-9.21%)
Apna Microfin. / Jul 10 Apna Microfinance Bank Limited(AMBL)	13.02 ▼ -1.3 (-9.08%)
Din Tex. / Jul 10 Din Textile Mills Limited(DINT)	104.34 ▼ -10.26 (-8.95%)
Ashfaq Textile / Jul 10 Ashfaq Textile Mills Limited(ASHT)	24.10 ▼ -2.25 (-8.54%)
Haseeb Waqas / Jul 10 Haseeb Waqas Sugar Mills Limited(HWQS)	20.66 ▼ -1.87 (-8.3%)

Stock	Volume
B.O.Punjab / Jul 10 The Bank of Punjab(BOP)	155,383,258 ▲ 1.14
Kohinoor Spining / Jul 10 Kohinoor Spinning Mills Limited(KOSM)	55,106,065 ▲ 0.24
Hascol Petrol / Jul 10 Hascol Petroleum Limited(HASCOL)	33,301,219 ▲ 0.61
Fast Cables / Jul 10 Fast Cables Limited(FCL)	32,727,552 ▲ 1.07
WorldCall Telecom / Jul 10 Worldcall Telecom Limited(WTL)	22,770,600 ▼ -0.03
Ghani Chemworld / Jul 10 Ghani Chemworld Limited(GCWL)	21,479,803 ▼ -0.78
Invest Bank / Jul 10 Invest Capital Investment Bank Limited(ICIBL)	20,957,143 ▲ 1.13
Aisha Steel Mill / Jul 10 Aisha Steel Mills Limited(ASL)	19,672,118 ▲ 0.26
Big Bird Foods / Jul 10 Big Bird Foods Limited(BBFL)	17,334,565 ▲ 1.79
Secure Logistics / Jul 10 Secure Logistics Group Limited(SLGL)	16,386,212 ▲ 0.41

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