4 additional cargoes of LNG, five cargoes of furnace oil arranged ISLAMABAD: The federal government has arranged four additional cargoes of LNG and five cargoes of furnace oil to... Updated 20 May, 2022 10:17am
Markets Record high: April HSD sales grow 17pc to 919,442MTs YoY KARACHI: Highest ever monthly sales of 919,442MTs of high speed diesel (HSD) were recorded during the month of April... Updated 14 May, 2022 02:13pm
Print Jul-Mar LSMI output jumps 10.4pc YoY ISLAMABAD: The overall output of Large Scale Manufacturing Industries (LSMI) increased by 10.4 percent for... Updated 14 May, 2022 10:04am
BR Research Power to remain costly March’s Fuel Charges Adjustment (FCA) has been approved by the regulator at Rs2.87 per unit. This is a respite of... Published 11 May, 2022 08:32am
Print Gas supply issues: Base tariff of KE increases to Rs31/kWh ISLAMABAD: The base tariff of Karachi Electric (KE) has soared to Rs 31/kWh due to less supply of gas and pressure... Updated 04 May, 2022 10:27am
Opinion Indigenous coal crucial to country’s energy security Pakistan must pursue its indigenous coal objective for its long-term strategic energy security. The utilisation of... Published 30 Apr, 2022 05:53am
Print Reduction in power outage in next 10 days: govt ISLAMABAD: Minister for Power Engineer Khurram Dastagir on Friday expressed the confidence that there would be... Updated 30 Apr, 2022 10:32am
Markets PD asked to get refining policy approved ISLAMABAD: Refinery sector asked the Petroleum Division to get the refining policy approved as delay may jeopardise... Published 19 Apr, 2022 05:32am
BR Research OMC sales and robust demand After a slower February 2022, petroleum product sales in March 2022 are back to being robust. Sales of petroleum... Published 06 Apr, 2022 08:24am
Print Power load-shedding may stay in Ramazan ISLAMABAD: The country may face load shedding in Ramazan (likely to commence from April 3, 2022) due to shortage of... Updated 30 Mar, 2022 12:31pm
Print Jul-Jan LSMI output up 7.6pc YoY ISLAMABAD: The overall output of Large Scale Manufacturing Industries (LSMI) increased by 7.6 percent for... Updated 19 Mar, 2022 10:14am
BR Research PRL - silver lining ahead? The refinery sector has been under continuous criticism for not upgrading its archaic technology. The same factor ... Published 11 Feb, 2022 08:10am
BR Research Petroleum sales upbeat After the seven months of the current fiscal year – 7MFY22, the petroleum consumption in the country is up as seen... Published 03 Feb, 2022 07:43am
BR Research National Refinery Limited National Refinery Limited (PSX: NRL) is the country’s only lube refinery. It was incorporated in 1963 and was... Published 27 Jan, 2022 07:54am
Print Procurement of costly furnace oil irks Senate panel ISLAMABAD: A panel of the Senate Thursday expressed serious concern over the procurement of furnace oil instead of... Updated 14 Jan, 2022 09:24am
Print OCAC’s solution aimed at rescuing local refineries? Oil Companies Advisory Council (OCAC) proposes to the Ministry of Energy (MoE) to continue generating 1,500MW electricity on HSFO for five years Updated 10 Jan, 2022 09:27am
BR Research Oil sales and seasonal slowdown 2021 ended on a rather slower note for the oil marketing companies as petroleum product sales slowed for the second... Published 05 Jan, 2022 08:52am
Markets Sales of petroleum, lubricants decline 6pc YoY, 14pc MoM KARACHI: The total petroleum and lubricant sales clocked-in at 1.51 million tons in December 2021, depicting a... Published 05 Jan, 2022 05:36am
BR Research Pakistan State Oil Being the largest marketing company, Pakistan State Oil (PSX:PSO) has the largest market share I the OMC sector... Published 03 Jan, 2022 07:48am
Pakistan Sufficient stock of furnace oil available: Hammad ISLAMABAD: The Federal Minister for Energy, Hammad Azhar, on Sunday clarified some ‘misconceptions’ about... Published 27 Dec, 2021 06:45am
Markets Sufficient stock of furnace oil available: Hammad ISLAMABAD: The Federal Minister for Energy, Hammad Azhar, on Sunday clarified some ‘misconceptions’ about... Published 27 Dec, 2021 06:45am
Opinion MoE’s love affair with furnace oil Gas and furnace oil (FO) crisis is becoming a norm in Pakistan in winters. To some extent, failure to procure... Published 26 Dec, 2021 03:57am
Business & Finance Gross mismanagement: Excessive import of FO constitutes a threat to refinery sector: Zahid KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum ... Published 26 Dec, 2021 03:57am
BR Research Power generation: Nuclear to the rescue Power generation in November 2021 went up by 14 percent year-on-year. The same has gone by nearly 9 percent for... Published 23 Dec, 2021 07:45am
Markets Furnace oil: refineries make formal request to petroleum division ISLAMABAD: Local refineries reminded the Petroleum Division Thursday that they are supplying over 11 million MT per... Published 10 Dec, 2021 04:29am
BR Research Oil sales on the rise Petroleum consumption goes unabated amid rising inflation. The petroleum products and lubricants sold by the oil... Published 03 Dec, 2021 07:54am
Markets Nov POL sales clock in at 1.75m tons KARACHI: Total petroleum and lubricant sales clocked in at 1.75 million tons in November 2021, depicting an increase... Published 03 Dec, 2021 04:31am
Print Q1 LSMI output up 5.15pc YoY ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) output increased by 5.15 percent in the first quarter... Updated 19 Nov, 2021 09:40am
BR Research Gas crisis comes calling ENI and Gunvor – two LNG trading suppliers have defaulted on the contractual obligation of supplying one cargo ... Published 02 Nov, 2021 07:25am
BR Research APL – volumes churning growth Despite the recent surge in petroleum prices, demand for petroleum products in the country has been on an up-climb.... Published 26 Oct, 2021 07:35am