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GAS

Europe fills gas storage at record rate as Asia’s buyers step aside

LONDON: Europe’s gas inventories are rebuilding after winter at the fastest rate on record as the region’s ...

Published 19 May, 2022 05:29am

Markets

India asks GAIL to import LNG to meet rising city gas demand

NEW DELHI: India has mandated state-run GAIL (India) Ltd to import gas and buy from local difficult fields to meet...

Published 11 May, 2022 04:58am

Markets

New pipeline links Baltics to European gas network

JAUNIUNAI, (Lithuania): Poland and the Baltic states Thursday inaugurated a new gas pipeline that links the...

Published 06 May, 2022 05:03am

Markets

EU confusion over Russia’s rubles for gas demand

BRUSSELS: EU countries scrambled Thursday to make sense of Russia’s decision to cut gas flows to Poland and...

Published 29 Apr, 2022 05:43am

World

EU needs to recycle more to hit green energy goals

PARIS: Europe must act fast to secure supplies of crucial metals required for a green energy transition and its best...

Published 26 Apr, 2022 05:20am

Markets

Oil tycoon Brigham prepares rare oilfield services IPO

NEW YORK: Oil and gas tycoon Bud Brigham is exploring an initial public offering (IPO) of Atlas Sand, people ...

Published 20 Apr, 2022 05:12am

Opinion

EU embargo on Russian oil, gas will take ‘months’

The EU is working on broadening sanctions on Russia to include oil and gas embargoes but such measures would take...

Published 16 Apr, 2022 04:10am

Markets

Russia should diversify energy exports towards Asia: Putin

MOSCOW: Russian President Vladimir Putin on Thursday called for diversification of energy exports towards Asia, ...

Published 15 Apr, 2022 05:29am

Markets

Oil rises on Russian oil production constraints

NEW YORK: Oil prices climbed on Tuesday as Russian oil and gas condensate production fell to 2020 lows and OPEC...

Published 13 Apr, 2022 06:03am

Markets

Russia maintains gas deliveries as Europe moots fresh sanctions

OSLO: Russia maintained gas flows through key pipeline routes into Europe on Monday, despite uncertainty over ...

Published 04 Apr, 2022 02:18pm

Kremlin warns West: rouble-for-gas scheme is the ‘prototype’

LONDON: President Vladimir Putin’s rouble payment scheme for natural gas is the prototype that the world’s...

Updated 04 Apr, 2022 09:36am

Markets

EU raids Gazprom’s German offices in antitrust probe

BRUSSELS: EU antitrust investigators raided the German offices of Gazprom, sources said on Thursday, on suspicion ...

Published 01 Apr, 2022 05:41am

Business & Finance

Karachi industries: Govt urged to provide gas as per demand

KARACHI: President of SITE Association of Industry Abdul Rasheed has urged the federal government to provide gas to...

Published 01 Apr, 2022 05:41am

Pakistan

MPCL commences first gas from Tipu compartment of 'Goru B' reservoir

Mari Petroleum Company Limited (MPCL), one of Pakistan’s largest integrated petroleum exploration and production...

Published 28 Mar, 2022 11:14am

Markets

Asian gas buyers puzzle over Putin’s demand for payment in roubles

TOKYO: Asian importers of Russian gas were scrambling on Thursday after Russian President Vladimir Putin said...

Published 24 Mar, 2022 12:42pm

EU plans minimum gas storage as energy prices soar

BRUSSELS: The EU on Wednesday proposed a law requiring natural gas storage be filled to a minimum 80 percent before...

Updated 24 Mar, 2022 09:55am

Moscow warns of market ‘collapse’

MOSCOW: Russian Deputy Prime Minister Alexander Novak warned Wednesday that a ban on Russian oil and gas imports...

Updated 24 Mar, 2022 09:11am

Supply of gas to 85 villages: ECC approves Rs747.539m TSG

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved Rs747.539 million...

Updated 12 Mar, 2022 10:02am

Mismatch in charging interest: PD decides to seek opinion of law ministry

ISLAMABAD: Petroleum Division has decided to seek clarification from Ministry of Law on issue of mismatch of ...

Updated 11 Mar, 2022 09:39am

Markets

Asian buyers of Russian oil, gas and coal

As the Ukraine-Russia crisis intensifies, Brent crude futures have hit fresh seven-year highs as analysts warn trade...

Published 03 Mar, 2022 12:07pm

Oil, gas rocket to record levels

LONDON: Oil prices soared Wednesday above $113 per barrel and natural gas hit a record peak, as investors fretted...

Published 03 Mar, 2022 04:39am

Markets

Gas supply from Russia running as usual, says Austria's OMV

VIENNA: Gas supplies from Russia are running normally and in line with agreed contracts, Austria's OMV said on...

Published 22 Feb, 2022 02:56pm

Business & Finance

Engro Fertilizers sees upsurge in urea exports after govt’s gas reform

DUBAI: Pakistan is expected to approve a gas pricing policy this year that would drive up domestic costs for the ...

Published 22 Feb, 2022 04:43am

Markets

Norway oil firms raise 2022 investment forecasts

OSLO: Oil and gas firms in Norway have raised this year's investment forecasts as they seek to benefit from...

Published 17 Feb, 2022 12:55pm

Gas, power bills for 7th census: PBS refuses to use tablets to read barcodes

ISLAMABAD: Pakistan Bureau of Statistics (PBS) has refused to use tablets to read barcodes of gas and electricity...

Updated 12 Feb, 2022 10:18am

Markets

After oil, gas and coal, global fuel shortage spreads to diesel

LONDON: Global supplies of diesel are dwindling as refiners struggle to keep pace with rapid post-pandemic demand...

Published 10 Feb, 2022 09:43am

Markets

US reaches out to foreign producers in Algeria on gas options

MILAN: The U.S. government has asked to meet Eni, TotalEnergies and other energy companies operating in Algeria to...

Published 10 Feb, 2022 04:40am

Business & Finance

German exports jump unexpectedly despite supply shortages

BERLIN: German exports and imports rose unexpectedly in December, the statistics office said on Wednesday, as order...

Published 09 Feb, 2022 01:44pm

Markets

Energy prices lift BP profits to 8-year high

LONDON: BP’s profits hit their highest in eight years in 2021, lifted by soaring gas and oil prices, as the ...

Published 09 Feb, 2022 05:46am

Markets

EU officials in Azerbaijan to ease Russia gas dependency

BAKU: The European Union’s energy commissioner visited Azerbaijan on Friday in an effort to diversify the...

Published 06 Feb, 2022 04:42am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	278.00 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	78.00 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	641.42 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 21 Attock Cement Pakistan Limited(ACPL)	85.59 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	278.00 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	78.00 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	641.42 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 21 Attock Cement Pakistan Limited(ACPL)	85.59 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	127.88
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.25
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3901.36
India Sensex / May 20	54326.39
Tokyo Nikkei / May 20	26739.03
Nasdaq / May 20	11354.62
Hang Seng / May 20	20717.24
FTSE 100 / May 20	7389.98
Dow Jones / May 20	31261.90
Germany DAX 30 / May 20	13981.91
France CAC40 / May 20	6285.24

Item	Value
Crude Oil / May 20	113.23
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	115200.00
Gold Spot / May 20	1846.50
Cotton / May 20	125.18

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