Trends - fossil fuels - Business Recorder

fossil fuels

California sues oil giants

LOS ANGELES: The US state of California sued five of the world’s largest oil companies on Friday, alleging the...

Published 18 Sep, 2023 06:32am

Opinion

Decoupling of energy and growth in Pakistan

Pakistan’s energy demand has risen by 2.4%, but 25% of the population still lacks electricity. Shortages and...

Updated 14 Sep, 2023 06:42am

World

UN experts challenge Saudi Aramco over climate change

GENEVA: UN experts have written to oil firm Saudi Aramco and its financial backers challenging them on allegations...

Published 27 Aug, 2023 01:44pm

Markets

Govt urged to advance green energy projects

LAHORE: Experts and academics have recommended to the government to advance green energy projects and discourage...

Published 26 Aug, 2023 06:13am

Opinion

Energy transition: green dreams, brown realities

The world energy landscape is transitioning from fossil fuels to renewables to address energy and environmental...

Published 26 Jul, 2023 06:47am

Opinion

Pakistan’s energy outlook

Pakistan has been facing an ongoing Balance of payment crisis, which can primarily be attributed to the substantial...

Published 19 Jul, 2023 03:21am

Markets

Iraq warned to end oil addiction to avoid ‘intensive care’

BAGHDAD: Oil-dependent Iraq has been warned its economy risks going into “intensive care” unless it diversifies in...

Published 28 May, 2023 10:24am

World

Fossil fuel-centred growth is obsolete, says EU’s von der Leyen

An energy mix based on fossil fuels cannot deliver sustainable economic growth for future generations, European...

Published 15 May, 2023 06:56pm

World

India, China propose ‘multiple pathways’ on cutting use of fossil fuels

NEW DELHI: India, backed by China, is trying to build a consensus within the G20 group to let countries choose a...

Published 03 May, 2023 06:35am

World

G7 pledges to quit fossil fuels faster, but no new deadline

SAPPORO, (Japan): The G7 pledged on Sunday to quit fossil fuels faster and urged other countries to follow suit, but...

Published 17 Apr, 2023 06:41am

Opinion

Neoliberalism, austerity, and climate change crisis

‘Scientists have delivered a “final warning” on the climate crisis, as rising greenhouse gas emissions push ...

Published 24 Mar, 2023 05:55am

Markets

Bank finance for cleaner energy grows, but still lags fossil fuels

LONDON: Banks gave 81 cents in financing support to low carbon energy supply for every dollar they provided to ...

Published 01 Mar, 2023 06:21am

Opinion

Pakistan’s textile industry: Barriers to renewable energy transition

Energy sector is the largest GHG producer in Pakistan. It is estimated that the energy demand in the country will...

Published 26 Feb, 2023 03:27am

BR Research

Petrol price: How the IMF sees it

As all roads lead to the IMF, and energy subsidy reform once again becomes the focal point – it may be worthwhile...

Published 07 Feb, 2023 09:32am

Opinion

Politics, cash, fame: what motivates climate change deniers

Right-wing ideologues funded by fossil fuels, fame-seeking narcissists and doubt mongers monetising their content ...

Published 01 Feb, 2023 05:58am

Opinion

The climate change challenge

It is interesting to note that the United Arab Emirates (UAE) has demonstrated a highly pragmatic approach to the...

Published 16 Jan, 2023 07:09am

Markets

OPEC+ supply shortfall now stands at 3.5pc of global oil demand

LONDON: OPEC+ is now producing below its targets by a record 3.58 million barrels per day - about 3.5% of global...

Published 21 Sep, 2022 05:57am

Markets

Fossil fuels causing cost-of-living crisis

PARIS: The cost-of-living crisis pushing millions of people towards poverty in Europe is driven by fossil fuels,...

Published 31 Aug, 2022 05:50am

Opinion

Heat or eat? Winter protests loom as energy poverty sweeps Europe

Europe is facing a major social test ahead of winter, as it juggles rising discontent, fuelled by soaring energy...

Published 26 Aug, 2022 05:35am

Opinion

LNG procurement: global challenges

During the COP26 conference last November in Glasgow, LNG was identified as the transition fuel for migrating to the...

Published 20 Jul, 2022 05:48am

Opinion

How a battery shortage is hampering the US switch to wind, solar power

US renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power...

Published 10 Jun, 2022 06:16am

Markets

JPMorgan’s Dimon says higher oil prices will power hurricane in economy

NEW YORK: Higher oil prices triggered by the Ukraine war and likely to stay elevated in a sloppy transition from...

Published 01 Jun, 2022 08:56pm

Markets

EU plans first joint gas buying before winter

BRUSSELS: The European Union plans to start jointly buying gas before winter, the bloc’s energy policy chief said...

Published 24 May, 2022 05:35am

Markets

Canada overestimating hydrogen’s potential cut carbon emissions

CALGARY: Canada has overestimated how much using hydrogen could reduce greenhouse gas emissions over the next ...

Published 27 Apr, 2022 05:19am

Markets

EU Parliament passes symbolic vote to ban Russia energy imports

STRASBOURG, (France): The European Parliament on Thursday passed a symbolic vote demanding a total ban on all ...

Published 08 Apr, 2022 05:28am

Markets

Germany to triple number of hydrogen fuel stations

PARIS: Germany will significantly expand its hydrogen refuelling network as it seeks to wean lorries and buses off...

Published 30 Mar, 2022 06:08am

World

Morocco announces over $200m in fuel aid for truckers

RABAT: Morocco is to pay out some $206 million to help out truckers who staged a national strike over spiralling ...

Published 24 Mar, 2022 05:36am

Editorials

Avoiding stagflation in 2022

EDITORIAL: While French Economy Minister Bruno Le Marie’s warning that the Russian invasion of Ukraine is pushing...

Published 12 Mar, 2022 04:08am

OPEC+ sticks to planned output rises

LONDON: OPEC+ agreed on Wednesday to stick to moderate rises in its oil output with the group already struggling to...

Updated 03 Feb, 2022 09:19am

World

India's Delhi government proposes making 25% of new cab registrations electric

NEW DELHI: The Delhi city-state government has proposed mandating a quarter of new cab registrations to be electric...

Published 24 Jan, 2022 08:22pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 4 786 Investments Limited(786)	5.45 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 4 Al-Abbas Sugar Mills Limited(AABS)	510.11 ▼ 0.00 (0.00%)
Agro Allianz / Oct 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 4 Allied Bank Limited(ABL)	72 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 4 Abbott Laboratories (Pakistan) Limited(ABOT)	338 ▼ 0.00 (0.00%)
Abson Ind. / Oct 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 4 Alfalah Consumer Index ETF.(ACIETF)	7.53 ▼ 0.00 (0.00%)
Attock Cement / Oct 4 Attock Cement Pakistan Limited(ACPL)	85.75 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 4 786 Investments Limited(786)	5.45 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 4 Al-Abbas Sugar Mills Limited(AABS)	510.11 ▲ 0.00 (0.00%)
Agro Allianz / Oct 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 4 Allied Bank Limited(ABL)	72 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 4 Abbott Laboratories (Pakistan) Limited(ABOT)	338 ▲ 0.00 (0.00%)
Abson Ind. / Oct 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 4 Alfalah Consumer Index ETF.(ACIETF)	7.53 ▲ 0.00 (0.00%)
Attock Cement / Oct 4 Attock Cement Pakistan Limited(ACPL)	85.75 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Oct 4 Worldcall Telecom Limited(WTL)	60,699,742 ▲ 0.00
Cnergyico PK / Oct 4 Cnergyico PK Limited(CNERGY)	19,001,237 ▲ 0.00
Oil & Gas Dev. / Oct 4 Oil & Gas Development Company Limited(OGDC)	9,902,658 ▲ 0.00
Unity Foods Ltd / Oct 4 Unity Foods Limited(UNITY)	8,538,353 ▲ 0.00
Bankislami Pak. / Oct 4 BankIslami Pakistan Limited(BIPL)	6,620,348 ▲ 0.00
K-Electric Ltd. / Oct 4 K-Electric Limited(KEL)	6,049,235 ▲ 0.00
Pak Refinery / Oct 4 Pakistan Refinery Limited(PRL)	5,287,550 ▲ 0.00
Fauji Foods Ltd / Oct 4 Fauji Foods Limited(FFL)	4,971,746 ▲ 0.00
Shell Pakistan / Oct 4 Shell Pakistan Limited(SHEL)	4,181,253 ▲ 0.00
Citi Pharma Ltd / Oct 4 Citi Pharma Ltd.(CPHL)	3,645,729 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 3	286.04
USD PKR Interbank Buying / Oct 3	285.64
USD to Japanese Yen / Oct 3	149.26
USD to Swiss Franc / Oct 3	0.92
Pound Sterling to USD / Oct 3	1.21
Euro to USD / Oct 3	1.05
UK LIBOR % / Oct 3	5.44

Stock	Volume
S&P 500 / Oct 3	4229.45
India Sensex / Oct 3	65512.10
Tokyo Nikkei / Oct 3	30636.50
Nasdaq / Oct 3	13059.47
Hang Seng / Oct 3	17196.07
FTSE 100 / Oct 3	7470.16
Dow Jones / Oct 3	33002.38
Germany DAX 30 / Oct 3	15085.21
France CAC40 / Oct 3	6997.05

Item	Value
Crude Oil USD/Barrel / Oct 3	89.19
Karachi Cotton PKR/37.32 KG / Oct 3	18235
Gold 10 Grams PKR / Oct 3	172410
Gold Spot USD/Ounce / Oct 3	1821.11
Cotton US¢/pound / Oct 3	87.32

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